HEALTH, DENTAL AND OPTICAL INSURANCE BENEFITS Clause Samples
The HEALTH, DENTAL AND OPTICAL INSURANCE BENEFITS clause outlines the employer’s obligation to provide employees with insurance coverage for medical, dental, and vision care. Typically, this clause specifies the types of plans offered, eligibility requirements, and the extent of coverage, such as whether dependents are included or if premiums are shared between employer and employee. Its core function is to ensure employees have access to essential health-related benefits, promoting well-being and reducing financial risk associated with healthcare expenses.
HEALTH, DENTAL AND OPTICAL INSURANCE BENEFITS. The Foundation shall offer at least two (2) types of health insurance plans to eligible employees, both of which shall provide hospital, medical, prescription drug and vision coverage. The health insurance plan coverage(s) currently available to eligible employees covered by this Agreement include individual; employee and spouse or domestic partner; parent and child(ren); and family. Specific plan details are set forth in the Summary Plan Description(s) provided by the Foundation. Full time employees who are appointed for at least four (4) complete consecutive calendar months are entitled to a choice of health insurance coverage: individual; employee and spouse or domestic partner; parent and child(ren); and family; and to dental insurance if they are enrolled in the health insurance plan. Part-time A employees who are appointed for at least four (4) complete consecutive calendar months are entitled to individual health insurance coverage, and are entitled to purchase Foundation health insurance coverage for spouses, domestic partners and dependents at Foundation group rates. Part-Time A employees and employees in concurrent Part-Time B status that add up to more than 19 hours/week for at least four (4) complete consecutive calendar months shall be eligible to enroll in the individual dental insurance, effective January 1, 2022. The parties to this Agreement recognize that specific terms of these health insurance plans are subject to change during the life of the Agreement. The Foundation shall provide the PSC with an opportunity to consult prior to making any such changes. All covered employees will contribute to the cost of their health insurance plan premiums as follows: 21% for the duration of this Agreement. Health insurance coverage is not automatically effective upon the employee’s eligibility date. In order to obtain health insurance coverage, employees who are eligible, or become eligible, for health insurance coverage must fill out and submit to the Foundation a formal application within sixty (60) days of the date on which they became eligible. Individuals who are newly-appointed (or re-appointed after a break in service) to Full-Time or Part-Time A employment status, will become eligible to participate in the Foundation’s health insurance plan(s) on the first day of the second complete calendar month of employment. A break in service shall be defined as a lapse in employment in excess of thirty (30) days, excluding approved leaves of absence. O...
HEALTH, DENTAL AND OPTICAL INSURANCE BENEFITS. The Foundation shall offer at least two (2) types of health insur- ance plans to eligible employees, both of which shall provide hospi- tal, medical, prescription drug and vision coverage. The health insurance plan coverage(s) currently available to ▇▇▇- gible employees covered by this Agreement include individual; employee and spouse or domestic partner; parent and child(ren); and family. Specific plan details are set forth in the Summary Plan Description(s) provided by the Foundation. Full time employees who are appointed for at least four (4) com- plete consecutive calendar months are entitled to a choice of health insurance coverage: individual; employee and spouse or domestic partner; parent and child(ren); and family; and to dental insurance if they are enrolled in the health insurance plan. Part-time A employees who are appointed for at least four (4) complete consecutive calendar months are entitled to individual health insurance coverage, and are entitled to purchase Foundation health insurance coverage for spouses, domestic partners and dependents at Foundation group rates. The parties to this Agreement recognize that specific terms of these health insurance plans are subject to change during the life of the Agreement. The Foundation shall provide the PSC with an opportunity to consult prior to making any such changes. All covered employees will contribute to the cost of their health insurance plan premiums as follows: 19% for the duration of this Agreement.
9.1 PROCESS FOR OBTAINING HEALTH INSURANCE COVERAGE
9.1 of the Qualifying Event, or s/he forfeits his/her right to change cov- erage until the next scheduled Open Enrollment Period.