Health Care Plan Reserves Fund Sample Clauses

Health Care Plan Reserves Fund. The EMPLOYER, in its sole discretion, will determine if and how many dollars from the Reserves Fund will be utilized.
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Health Care Plan Reserves Fund. The EMPLOYER will use $3,000,000 from the Health Care Plan Reserves Fund to offset the predicted 2016 premium cost increase of 7.9%. This action will allow for an additional 2.9% point reduction in premium cost. In combination with the 0.75% point reduction in premium cost gained through plan design changes discussed above, the end result is a 4.25% increase to premium costs. In 2017 and 2018, the EMPLOYER, in its sole discretion, will determine if and how many dollars from the Reserves Fund will be utilized.
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Related to Health Care Plan Reserves Fund

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Dental Care Plan The Welfare Plan will include a Dental Care Plan which will reimburse members for expenses incurred in respect of the coverages summarized in Appendix "1". The Plan will not duplicate benefits provided now or which may be provided in the future by any government program.

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