Common use of Health and Welfare Benefit Plans Clause in Contracts

Health and Welfare Benefit Plans. A. Effective January 1, 2022, current employees shall be eligible to participate in the benefit plans, programs and policies, identified in the chart below, as described in the applicable SPDs and SMMs, except as noted herein. Plan/Program/Policy Medical Benefit PPO, HDHP and EPO Plans Employee Assistance Program Dental PPO Plus Plan Vision Plan Basic Life and AD&D Plans FSA (Health, Dependent, Limited), HAS, Commuter (Transit, Parking) Short and Long Term Disability Plans Medical Plan Enhancements (Progyny, Hinge, Medical management, Health Advocacy Services) Teledoc Voluntary Life/AD&D (Supplemental Spouse & Child), Accident, Critical Illness and Hospital Indemnity Plans* *Upon notice to the Union, the Company may unilaterally modify the voluntary benefits provided from time to time or discontinue without further discussions with the Union. Employees who terminate employment with the Company during the term of this Agreement and are eligible for post-retirement medical coverage under the terms of the medical program the Employee was eligible for as an active Employee as of the date of termination (an “Eligible Retired Employee”) will be eligible, during the term of this Agreement, for coverage under the Medical EPO, PPO, and HDHP Plans, Dental PPO Plus Plan, Basic Life and AD&D Plans, Vision Plan, subject to changes to benefits resulting from the operation of existing plan provisions and amendments necessary to comply with changes in the law, and with the exceptions identified in Summary Outlines below. Summary Plan Descriptions (SPDs) and Summary of Material Modifications (SMMs) of the plans, policies and programs identified above have been provided to the Union. If there are discrepancies between the specific information provided in this Agreement and the plan documents, SPDs or SMMs, the information provided in the plan documents, SPDs or SMMs will govern. It is understood that certain benefits may be subject to change to comply with implementation of PPACA and associated regulations and agency guidance. The Company will notify the Union of the changes the Company intends to make to conform the benefits under this Agreement with final regulations and guidance under PPACA and any amendment determined to be necessary due to changes in the law. Should any of these changes require bargaining, all other terms and provisions of the Agreement will remain in effect through expiration.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Health and Welfare Benefit Plans. A. Effective January 1, 20222019, current employees shall be eligible to participate in the benefit plans, programs and policies, identified in the chart below, as described in the applicable SPDs and SMMs, except as noted herein. Plan/Program/Policy Cigna Medical Benefit PPO, HDHP1 and HDHP and EPO 2 Plans MetLife Enhanced Employee Assistance Program MetLife Dental PPO Plus and Dental HMO Plans MetLife Vision PPO Plan Vision Plan MetLife Basic Life and AD&D Plans FSA (HealthDiscovery Benefits Medical, Dependent, Limited), HAS, Commuter (Transit, Parking) Limited Purpose and Dependent Care Flexible Spending Accounts MetLife Short and Long Term Disability Plans Medical Plan Enhancements Discovery Benefits Parking and Transit Plans Adoption Reimbursement Policy MetLife Voluntary Benefits (ProgynyLife, Hinge, Medical management, Health Advocacy Services) Teledoc Voluntary Life/AD&D (Supplemental Spouse & Child)AD&D, Accident, Critical Illness (includes cancer) and Hospital Indemnity PlansHospitalIndemnity* *Upon notice to the Union, the Company may unilaterally modify the voluntary benefits provided from time to time or discontinue without further discussions with the Union. Employees who terminate employment with the Company during the term of this Agreement and are eligible for post-retirement medical coverage under the terms of the medical program the Employee was eligible for as an active Employee as of the date of termination (an “Eligible Retired Employee”) will be eligible, during the term of this Agreement, for coverage under the Cigna Medical EPO, PPO, HDHP1 and HDHP HDHP2 Plans, Dental PPO Plus PlanMetLife DPPO and DHMO Plans, MetLife Basic Life and AD&D Plans, MetLife Vision PPO Plan, subject to changes to benefits resulting from the operation of existing plan provisions and amendments necessary to comply with changes in the law, and with the exceptions identified in Summary Outlines below. The Summary Plan Descriptions (SPDs) Outline below provides a summary of certain plan, program and/or policy terms, conditions and Summary provisions, including any which are exceptions to terms, conditions and provisions described in the applicable SPDs and SMMs as well as any which differ among groups of Material Modifications (SMMs) of employees eligible to participate in a particular plan, program or policy, such as the plans, policies and programs identified above have been provided to the Unionapplicable deductible or copayment amount. If there are discrepancies between the specific information provided in this Agreement the Summary Outlines and the plan documents, SPDs or SMMs, the information provided in the plan documents, SPDs or SMMs will govern. It is understood that certain benefits may be described in the Summary Outlines are subject to change to comply with implementation of PPACA and associated regulations and agency guidance. The Company will notify the Union of the changes the Company intends to make to conform the benefits under this Agreement with final regulations and guidance under PPACA and any amendment determined to be necessary due to changes in the law. Should any of these changes require bargaining, all other terms and provisions of the Agreement will remain in effect through expiration.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Health and Welfare Benefit Plans. A. (a) Effective January 1as of or as soon as reasonably practicable following the Closing, 2022Purchaser or one of Purchaser’s affiliates shall maintain or cause to be maintained benefit plans to provide medical care, current employees dental care, and vision care for the Transferred Employees (collectively, “Purchaser’s Health Plans”). To the extent commercially reasonable, no waiting period or exclusion from coverage of any pre-existing medical condition shall apply to the participation of any Transferred Employee (or dependent thereof) in Purchaser’s Health Plans, and all payments, charges and expenses of such Transferred Employees (and their eligible dependents) that were applied toward the deductible and out-of-pocket maximums under the medical, dental, and vision plans of Seller (the “Seller’s Health Plans”) during the plan year under Seller’s Health Plans in which the Closing occurs shall be eligible to participate credited toward any deductible and out-of-pocket maximum applicable under Purchaser’s Health Plans for the plan year under Purchaser’s Health Plan in which the Closing occurs. Until Purchaser’s Health Plans are in effect (and in the benefit plansevent of a termination of a Transferred Employee after Purchaser’s Health Plans are in effect), programs and policies, identified to the extent that any Transferred Employee elects after the Closing Date to receive coverage under Seller’s Health Plans (other than any plan described in Section 6.12(b)) through the chart belowConsolidated Omnibus Budget Reconciliation Act of 1985, as described in the applicable SPDs and SMMs, except as noted herein. Plan/Program/Policy Medical Benefit PPO, HDHP and EPO Plans Employee Assistance Program Dental PPO Plus Plan Vision Plan Basic Life and AD&D Plans FSA amended (Health, Dependent, Limited“COBRA”), HAS, Commuter the Purchaser shall reimburse the Seller for (Transit, Parkingi) Short and Long Term Disability Plans Medical Plan Enhancements (Progyny, Hinge, Medical management, Health Advocacy Services) Teledoc Voluntary Life/AD&D (Supplemental Spouse & Child), Accident, Critical Illness and Hospital Indemnity Plans* *Upon notice to the Union, the Company may unilaterally modify the voluntary benefits provided from time to time or discontinue without further discussions with the Union. Employees who terminate employment with the Company during the term of this Agreement and are eligible for post-retirement medical coverage under the terms employer portion of the medical program COBRA premium for each Transferred Employee for so long as such Transferred Employee remains employed with Purchaser or any affiliate of Purchaser, calculated as the Employee was eligible for as an active Employee Seller’s portion of such premium as of the time immediately prior to the Closing, and (ii) the excess of all claims under the Seller’s Health Plans incurred by Transferred Employees on or after Closing and prior to the effective date of termination (an “Eligible Retired Employee”) will be eligible, during the term Purchaser’s Health Plans over the sum of this Agreement, for coverage under the Medical EPO, PPO, and HDHP Plans, Dental PPO Plus Plan, Basic Life and AD&D Plans, Vision Plan, subject to changes to benefits resulting from the operation of existing plan provisions and amendments necessary to comply with changes in the law, and with the exceptions identified in Summary Outlines belowall COBRA premiums. Summary Plan Descriptions (SPDs) and Summary of Material Modifications (SMMs) Effective as of the plansClosing, policies the Purchaser shall establish plans providing life insurance and programs identified above have been long-term disability benefits substantially similar to those provided to the Union. If there are discrepancies between the specific information provided in this Agreement and the plan documents, SPDs or SMMs, the information provided in the plan documents, SPDs or SMMs will govern. It is understood that certain benefits may be subject Transferred Employees immediately prior to change to comply with implementation of PPACA and associated regulations and agency guidance. The Company will notify the Union of the changes the Company intends to make to conform the benefits under this Agreement with final regulations and guidance under PPACA and any amendment determined to be necessary due to changes in the law. Should any of these changes require bargaining, all other terms and provisions of the Agreement will remain in effect through expirationClosing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Washington Post Co)

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