Health & dental insurance benefits. If an unpaid leave qualifies as leave under the federal Family & Medical Leave Act, the District will pay 100% of the normal District cost for health insurance for up to 12 weeks of leave. (This provision applies only to a teacher who does not use paid medical leave for up to 12 weeks of FMLA leave, because such paid leave would automatically qualify the teacher for continued health insurance benefits.) Otherwise, continued health and dental insurance coverage shall be available during this leave at the teacher’s expense and in accordance with provisions of the federal Consolidated Omnibus Budget Reconciliation Act (COBRA).
Health & dental insurance benefits. First Charter agrees that during the Payment Period following the Effective Date of this Agreement (as defined in provision 19 below), and provided all conditions of this Agreement are and continue to be met by Executive, First Charter will continue to provide to Executive those general group health/dental benefits that he received and/or in which he participated with First Charter immediately prior to his separation as an employee from First Charter (including coverage for Executive's eligible dependents to the extent such coverage is provided by First Charter for or is available to its then employees generally), provided such continued participation is possible under the terms and provisions of such plans and programs. In the event that participation in any such plan or program is barred during the Payment Period, and provided all conditions of this Agreement are and continue to be met by Executive, First Charter shall arrange to provide Executive and his eligible dependents with health/dental insurance benefits at First Charter's expense for the Payment Period, with such benefits being substantially similar to those which Executive would otherwise have been entitled to receive under such plans and programs from which his continued participation is barred. However, in no event will Executive receive from First Charter such health/dental insurance benefits if and to the extent Executive receives comparable insurance benefits from any other source. In addition, the Parties further agree that following the end of the Payment Period, Executive and/or his eligible dependents will be offered the opportunity to obtain continuation medical coverage as allowed by and pursuant to COBRA.
Health & dental insurance benefits. Regardless of whether Executive signs this Agreement, following the Separation Date, First Charter and/or its applicable carriers will notify Executive of his rights to elect continuation of health and dental benefits for Executive and his eligible dependents under the Consolidated Omnibus Budget Reconciliation Act ("COBRA"). In addition, following the Effective Date of this Agreement (as defined in provision 15 below), and provided all conditions of this Agreement are and continue to be met by Executive, First Charter agrees to pay Executive's and his dependents' monthly COBRA premium at the same level of Executive's current shared coverage expense for the severance payment period described in provision 4.g below or such earlier time that Executive becomes eligible for coverage under another group plan, as applicable. If Executive and/or his dependents wish to continue their COBRA coverage beyond the end of such period, Executive will then be responsible for paying the full premiums for such coverage during the remainder of his and his dependents' potential COBRA coverage eligibility. Except as otherwise noted in this provision 4.f. or in provision 4.e. above, all other insurance coverage provided to Executive by First Charter, including but not limited to First Charter's group life insurance and short and long-term disability benefits, will terminate and cease to be in effect as of the Separation Date. In addition, failure by Executive to timely elect medical/dental coverage, to timely pay any required premiums or to make any required payments, or to remain eligible for COBRA coverage continuation will terminate First Charter's obligations with respect to such COBRA payments.
Health & dental insurance benefits. Regardless of whether Executive signs this Agreement, following the Separation Date, First Charter and/or its applicable carriers will notify Executive of his rights to elect continuation of health and dental benefits for him and his eligible dependents under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”). In addition, the Parties acknowledge and agree that, for purposes of COBRA, the date of Executive’s “qualifying event” is and will be January 31, 2006. Executive further agrees that all conversion, buy-out and other fees, premiums, payments and other expenses related to such coverage continuation under COBRA or otherwise shall be the absolute and sole obligation of Executive, and that First Charter shall have no premium, payment or financial obligation for such coverage continuation, if and as elected.
