Health Care and Dependent Care Spending Accounts Sample Clauses

Health Care and Dependent Care Spending Accounts. 2 Both a health care and dependent care spending account will be 3 offered. You may contribute from $250 to $3000 annually to a 4 health care spending account and $250 to $5,000 for a dependent 5 care account. Use the money to pay for eligible health care or 8 Security, federal and in most cases state taxes on this money. 10 Welfare Coverage 11 Comprehensive welfare coverage will be offered to provide financial 12 protection for you and your family if you become sick, injured or die. Welfare Coverage Paid By Provided Through Benefit Weekly Disability Company Aetna $330 per week ($165 for disabilities covered by worker‘s compensation); 26 week maximum Basic Life Company Aetna $50,000 Supplemental Life You Aetna 1 to 5 times annual base wage; spouse coverage available at 50% or 100% of your basic life coverage; $10,000 for each child; evidence of insurability may apply Basic AD&D Company Chartis $40,000; actual payment depends on loss suffered Supplemental AD&D You Chartis 1 to 5 times annual base wage; spouse coverage available at 50% of your election; 10% of your election for children‘s coverage BTA Company Chartis 2 times annual base wage; actual payment depends on the loss suffered.
Sample 1Sample 2
AutoNDA by SimpleDocs
Health Care and Dependent Care Spending Accounts. Active Company Employees who have health care spending accounts or dependent care spending accounts, on the Closing Date, under any Seller Benefit Plan ("XXXXXX'X FLEXIBLE ACCOUNT PLAN") will continue to participate in Xxxxxx'x Flexible Account Plan with respect to the health care spending accounts or dependent care spending accounts for claims incurred through December 31, 2004. Effective on and after January 1, 2005, such Active Company Employees will participate in one or more comparable plans of Buyer.
Sample 1Sample 2
Health Care and Dependent Care Spending Accounts. Both a health care and dependent care spending account will be offered. You may contribute from $250 to $3000the IRS annual maximum annually to a health care spending account and $250 to $5,000the IRS annual maximum for a dependent care account. Use the money to pay for eligible health care or dependent care expenses. Your contributions are made before taxes are taken out of your paycheck. This means you pay no Social Security, federal and in most cases state taxes on this money. Welfare Coverage Comprehensive welfare coverage will be offered to provide financial protection for you and your family if you become sick, injured or die. Welfare Coverage Paid By Benefit Weekly Disability Company $330 per week ($165 for disabilities covered by worker’s compensation); 26 week maximum Basic Life Company $50,000 Supplemental Life You 1 to 5 times annual base wage; spouse coverage available at 50% or 100% of your basic life coverage; $10,000 for each child; evidence of insurability may apply Basic AD&D Company $40,000; actual payment depends on loss suffered Supplemental AD&D You 1 to 5 times annual base wage; spouse coverage available at 50% of your election; 10% of your election for children’s coverage Business Travel Accident (“BTA”) Company 2 times annual base wage; actual payment depends on the loss suffered. Employee Assistance Plan Company Up to 6 in-person or virtual visits per year per issue.
Sample 1

Related to Health Care and Dependent Care Spending Accounts

  • Health Care Benefits (a) Each regular full-time employee may elect coverage for himself and his eligible dependents* under one of the following health insurance plans:

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Health Care Coverage The Company shall continue to provide Executive with medical, dental, vision and mental health care coverage at or equivalent to the level of coverage that the Executive had at the time of the termination of employment (including coverage for the Executive’s dependents to the extent such dependents were covered immediately prior to such termination of employment) for the remainder of the Term of Employment, provided, however that in the event such coverage may no longer be extended to Executive following termination of Executive’s employment either by the terms of the Company’s health care plans or under then applicable law, the Company shall instead reimburse Executive for the amount equivalent to the Company’s cost of substantially equivalent health care coverage to Executive under ERISA Section 601 and thereafter and Section 4980B of the Internal Revenue Code (i.e., COBRA coverage) for a period not to exceed the lesser of (A) 18 months after the termination of Executive’s employment or (B) the remainder of the Term of Employment, and provided further that (1) any such health care coverage or reimbursement for health care coverage shall cease at such time that Executive becomes eligible for health care coverage through another employer and (2) any such reimbursement shall be made no later than the last day of the calendar year following the end of the calendar year with respect to which such coverage or reimbursement is provided. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(a) except as set forth in Section 12.

  • Health Plans A. The health plans offered and benefits provided by those plans shall be those recommended by the JLMBC, approved by the City Council, and administered by the Personnel Department in accordance with LAAC Section 4.

  • Health Care Laws The Company has operated and currently is in compliance in all material respects with all applicable Health Care Laws (defined herein), including, without limitation, the rules and regulations of the FDA, the U.S. Department of Health and Human Services Office of Inspector General, the Centers for Medicare & Medicaid Services, the Office for Civil Rights, the Department of Justice or any other governmental agency or body having jurisdiction over the Company or any of its properties, and has not engaged in activities which are, as applicable, cause for false claims liability, civil penalties, or mandatory or permissive exclusion from Medicare, Medicaid, or any other state or federal health care program. For purposes of this Agreement, “Health Care Laws” shall mean the federal Anti-kickback Statute (42 U.S.C. § 1320a-7b(b)), the Physician Payment Sunshine Act (42 U.S.C. § 1320a-7h), the civil False Claims Act (31 U.S.C. §§ 3729 et seq.), the criminal False Claims Act (42 U.S.C. § 1320a-7b(a)), all criminal laws relating to health care fraud and abuse, including but not limited to 18 U.S.C. Sections 286 and 287, and the health care fraud criminal provisions under the Health Insurance Portability and Accountability Act of 1996 (42 U.S.C. § 1320d et seq.) (“HIPAA”), the exclusion laws (42 U.S.C. § 1320a-7), the civil monetary penalties law (42 U.S.C. § 1320a-7a), HIPAA, as amended by the Health Information Technology for Economic and Clinical Health Act (42 U.S.C. §§ 17921 et seq.), the patient privacy, data security and breach notification provisions under HIPAA, the Federal Food, Drug, and Cosmetic Act (21 U.S.C. §§ 301 et seq.), Medicare (Title XVIII of the Social Security Act), Medicaid (Title XIX of the Social Security Act), the regulations promulgated pursuant to such laws, and any other similar local, state or federal law and regulations. The Company has not received any FDA Form 483, notice of adverse finding, warning letter, untitled letter or other correspondence, communication or notice from the FDA or any other governmental or regulatory authority alleging or asserting noncompliance with any Health Care Laws applicable to the Company. The Company is not a party to nor has any ongoing reporting obligations pursuant to any corporate integrity agreements, deferred prosecution agreements, monitoring agreements, consent decrees, settlement orders, plans of correction or similar agreements with or imposed by any governmental or regulatory authority. Neither the Company nor any of its employees, officers, directors or, to the Company’s Knowledge, consultants has been excluded, suspended or debarred from participation in any U.S. state or federal health care program or human clinical research or, to the Company’s Knowledge, is subject to a governmental inquiry, investigation, proceeding, or other similar action that could reasonably be expected to result in debarment, suspension, or exclusion.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!