Health and Welfare Benefits Medical Insurance Sample Clauses

Health and Welfare Benefits Medical Insurance. The District provides a medical program that consists of a portfolio of PPO plans, HMO plans and Consumer Driven Health Plan (CDHP). Employees will have the option to enroll in any plan and the District will pay an amount equal to 100% of the cost of the CDHP or equivalent premium for the applicable category (employee, employee plus one or employee plus family). Employees choosing to enroll in a plan that costs more than the CDHP or equivalent plan will pay the differ‐ ence through payroll deduction, on a pre‐tax basis. Health Savings Account (HSA) HSA is only available to employees enrolled in CDHP or equivalent (Account Based Health Plan, High Deductible Health Plan). Employees enrolled in CDHP may contribute to their HSA through payroll deductions, on a pre‐tax basis. The District makes an annual HSA contribution of $2,200 to employees who have chosen non‐ Kaiser CDHP and HSA as the savings tool to assist with their current and future medical expenses. The District makes an annual HSA contribution of $3,300 to employees who have chosen Kaiser CDHP and HSA as the savings tool. Employees will have the option to receive the District HSA contribution in two lump sums in January and in July or equally distributed over course of the year. If the employee chooses lump sum payments and terminates, the prepaid amount is prorated and deducted from their final paycheck. New enrollments in CDHP or equivalent during the calendar year, if accompanied by HSA, will result in a prorated District contribution.
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Related to Health and Welfare Benefits Medical Insurance

  • HEALTH AND WELFARE BENEFITS (Article 17 applies to full-time nurses only)

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • HEALTH & WELFARE BENEFITS Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.

  • HEALTH AND WELFARE PLAN 16.01 The Employer agrees to pay the amount as set out in the Wage Schedules for all hours worked for each employee towards the Insurance Plan administered by the CLAC Health and Welfare Trust Fund.

  • Health and Welfare Plans (a) A copy of the master contracts with the carriers for the extended health care, dental and group life plans shall be sent to the President of the Union.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • HEALTH AND WELFARE 36.01 Health and welfare benefits shall be as contained in Appendix "A" of this Agreement and shall form part of this Agreement.

  • Health and Welfare Fund Pursuant to provisions contained in a pre­ vious Collective Bargaining Agreement, there has been established a Health and Welfare Fund known as the “ Retail Meat Cutter Unions and Employers Joint Health and Welfare Fund For The Chicago Area” ; said Fund is hereinafter referred to as the “ Health and Welfare Fund.”

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Hospital and Medical Insurance The University shall make available health insurance to the employees covered by this agreement to the same extent and in the same manner as is available to other University employees, such as Faculty and the Executive, Administrative and Professional Staff employees. It is the University's goal to have the same health insurance plans offered uniformly to all University groups and employees.

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