HEALTH INSURANCE REBATE Sample Clauses

HEALTH INSURANCE REBATE. Effective January 1, 2012, eligible nurses shall be paid the same health insurance rebate as that provided to District employees on the same terms (37.5% of the savings to the District), beginning with payments made in January, 2012.
Sample 1
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HEALTH INSURANCE REBATE. District employees who are currently enrolled in the District’s health insurance program may elect to withdraw from or reduce coverage in the plan . Those who elect this option shall receive one half (1/2) of the savings to the District contingent upon the type of cover- age held and provided they do not change this option for a twelve (12) month period . Payments will be made at the end of the twelve (12) month period and will be made annu- ally each twelve (12) months thereafter provided that the individual and/or family remains uncovered under the District plan . Individuals must notify the District by May 1 of the prior school year if they wish to participate . Employees who are ineligible for family coverage and who subsequently become eligible (through acquisition of dependents) and elect family coverage would be entitled to the incentive if they subsequently elect to drop that coverage . Employ- ees shall be eligible to reapply for coverage at any time subject to the requirements and conditions specified in the New York State Health Insurance Program, provided that in the case of an individual who reenters in less than twelve (12) months, no pay- ment shall be made . New employees hired on or after November 4, 2003, shall be offered membership in the District’s health insurance program . Those who opt to decline membership in the district’s health insurance program will be entitled to an annual payment equal to one-quarter (1/4) of the savings to the District based upon the type of coverage for which the employee is eligible . The initial rebate payment shall not be made until completion of the first year of service. Effective July 1, 2017, unit members hired on or after July 1, 2017 who enroll in the District’s health insurance program (either individual or dependent coverage) may elect to withdraw from all coverage in the plan . Those who elect this option (a complete withdrawal of coverage for both the individual and his/her dependents) shall receive twenty-five (25%) percent of the savings to the District, which shall be calcu- lated based on the annual premium for individual coverage provided that they remain uncovered for a period of twelve (12) consecutive months . Payments will be made at the end of the twelve (12) month period and will be made annually each twelve (12) months thereafter provided that the unit member and his/her dependents remain uncovered under the District plan . The health rebate set forth above shall be subject to the Po...
Sample 1
HEALTH INSURANCE REBATE. District employees who are currently enrolled in the District’s health insurance program may elect to withdraw from or reduce coverage in the plan. Those who elect this option shall receive one half (1/2) of the savings to the District contingent upon the type of coverage held and provided that they do not change this option for a twelve (12) month period. Effective September 1, 2006, those who elect this option shall receive 37.5% of the savings to the District contingent upon the type of coverage held and provided that they do not change this option for a twelve (12) month period. Payments will be made at the end of the twelve (12) month period and will be made annually each twelve (12) months thereafter provided that the individual and/or family remains uncovered under the District plan. Individuals must notify the District by December 15 if they wish to participate. New employees will initially be asked to indicate their desire to enroll or not to enroll in the program prior to the offer of a rebate. Employees who are ineligible for family coverage and who subsequently become eligible (through acquisition of dependents) and elect family coverage would be entitled to the incentive if they subsequently elect to drop that coverage. Employees shall be eligible to reapply for coverage at any time subject to the requirements and conditions specified in the New York State Health Insurance Program, provided that in the case of an individual who reenters in less than twelve (12) months, no payments shall be made.
Sample 1
HEALTH INSURANCE REBATE. District employees who are currently enrolled in the District’s health insur- ance program may elect to withdraw from or reduce coverage in the plan . Those who elect this option shall receive one half (½) of the savings to the District contingent upon the type of coverage held and provided that they do not change this option for a twelve (12) month period . Payments will be made at the end of the twelve (12) month period and will be made annually each twelve (12) month thereafter provided that the individual and/or family remains uncovered under the District plan . Individuals must notify the District by December 1 if they wish to participate . New employees will initially be asked to indicate their desire to enroll or not to enroll in the program prior to the offer of a rebate . Employees who are ineligible for family coverage and who subsequently become eligible (through acquisition of dependents), and elect family coverage would be entitled to the incentive, if they subsequently elect to drop that coverage . Employees shall be eligible to reapply for coverage at any time subject to the requirements and conditions specified in the New York State Health Insurance Program; provided that in the case of an in- dividual who reenters in less than twelve (12) months, no payment shall be made .
Sample 1
HEALTH INSURANCE REBATE. Subject to the Rules and Regulations of the New York State Health Insurance Plan (“NYSHIP”) District employees who are currently enrolled in the District’s health insurance program may elect to withdraw from or reduce coverage in the plan. Those who elect this option shall receive one half (1/2) of the savings to the District contingent upon the type of coverage held as of June 1, 1990, and provided that they do not change this option for a twelve (12) month period. Payments will be made at the end of the twelve (12) month period and will be made annually each twelve (12) month thereafter provided that the individual and/or family remains uncovered under the District plan. Individuals must notify the District by December 10th of the prior school year if they wish to participate. Employees who are ineligible for family coverage as of June 1, 1990 (i.e., single, widowed or divorced without any eligible dependents), who subsequently become eligible (through acquisition of dependents), and elect family coverage would be entitled to the incentive, if they subsequently elected to drop that coverage. Employees shall be eligible to reapply for coverage at any time subject to the requirements and conditions specified in the New York State Health Insurance Program; provided that in the case of an individual who reenters in less than twelve
Sample 1
HEALTH INSURANCE REBATE. Subject to the Rules and Regulations of the New York State Health Insurance Plan (“NYSHIP”) unit members who are entitled to coverage under the District’s health insurance program may elect to withdraw from or reduce coverage in the plan. Those who elect this option shall receive one half (½ of the savings to the District contingent upon the type of coverage held and provided that they do not change this option for a twelve (12) month period). Employees hired on or after July 1, 2017 who elect to withdraw from or reduce coverage in the plan shall receive one-third (1/3) of the savings to the District, which shall be calculated based on the annual premium for individual coverage provided that they remain uncovered for a period of twelve (12) consecutive months. Payments will be made at the end of the twelve (12) month period and will be made annually each twelve (12) months thereafter provided that the individual and /or family remains uncovered under the District plan. Individuals must notify the District by November 1 of the prior school year if they wish to participate. New employees will initially be asked to indicate their desire to enroll or not to enroll in the program prior to the offer of a rebate. Employees who are ineligible for family coverage and who subsequently become eligible (through acquisition of dependents) and elect family coverage would be entitled to the incentive if they subsequently elect to drop that coverage. Employees shall be eligible to reapply for coverage at any time subject to the requirements and conditions specified in the New York State Health Insurance Program, provided that in the case of an individual who reenters in less that twelve (12) months, no payment shall be made.
Sample 1

Related to HEALTH INSURANCE REBATE

  • Health Insurance The Couple agrees that: (check one)

  • 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 insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Group Health Insurance The Employer shall provide a comprehensive health care insurance program for all permanent full-time and part-time employees. Health Plan characteristics and benefits shall be as provided in the Employer’s Agreement with the Ohio Civil Service Employees Association (hereinafter OCSEA). Regardless of the plan, employees will pay fifteen percent (15%) of the premium and the Employer will pay eighty-five percent (85%) of the premium; however for any alternative plans offered pursuant to the Agreement with OCSEA, the employees’ premium share will be determined by the Director of DAS, but will not exceed fifteen percent (15%) of the premium. The Employer’s premium share shall be paid on behalf of eligible employees as provided in the Employer’s Agreement with OCSEA. Employees who include a spouse as a dependent for healthcare coverage shall pay a surcharge as provided in the Employer’s Agreement with OCSEA. Eligibility provisions for employees enrolling in State provided health care plans shall remain the same as those in effect in the Employer’s Agreement with OCSEA. The Employer reserves the right to perform dependent eligibility audits upon recommendation of the Joint Health Care Committee. Health care costs paid on behalf of ineligible dependents will be subject to recovery. Deductibles, co-payments, and other plan design provisions for all benefit programs shall be the same as those prescribed in the Employer’s Agreement with OCSEA. Every year the Employer shall conduct an open enrollment period, at which time employees shall be able to enroll in a health plan, continue enrollment in their current plan, switch to another plan, subject to plan availability in their area, or waive coverage. The timing of the open enrollment period shall be established by the Director of the Department of Administrative Services (DAS), in consultation with the Joint Health Care Committee. Changes outside of open enrollment may only occur as prescribed in the Employer’s Agreement with OCSEA. Open Enrollment Fairs shall be held in accordance with Employer’s Agreement with OCSEA. There shall be established a Joint Health Care Committee composed of representatives of management, and of the various labor Unions representing State employees. The Committee shall meet regularly to monitor the operation of the State’s health care plans, and to make recommendations for the improvement of the plans and cost containment procedures. The Employer shall provide funding for dental, vision and the life benefits as described in Article 21 of the Employer’s Agreement with OCSEA and the Union’s Benefits Trust. Employee health insurance payments will be deducted from every paycheck. In the event an employee is receiving disability leave or Workers’ Compensation benefits, the Employer- policyholder shall continue, at no cost to the employee, the coverage of group health insurance for such employee for the period of such leave, but not beyond twelve (12) months. If the employee’s leave extends beyond twelve

  • Health Insurance Coverage (a) An employee who is laid off or separated from employment on or after July 1, 1994, under circumstances which entitle such employee to reemployment rights under this Article, other than pursuant to Section 23, may elect to continue membership in their health benefit plan, upon advance payment of the regular percentage contribution to the cost of the plan, during the first six

  • Employment Insurance Rebate The short-term sick leave plan shall be registered with the Employment Insurance Commission (EIC). The nurses' share of the employer's Employment Insurance premium reduction will be retained by the Hospital towards offsetting the cost of the benefit improvements contained in this agreement.

  • Health Insurance Portability and Accountability Act Grantee certifies that it is in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Public Law Xx. 000-000, 00 XXX Parts 160, 162 and 164, and the Social Security Act, 42 USC 1320d-2 through 1320d-7, in that it may not use or disclose protected health information other than as permitted or required by law and agrees to use appropriate safeguards to prevent use or disclosure of the protected health information. Grantee shall maintain, for a minimum of six (6) years, all protected health information.

  • Health Insurance Portability and Accountability Act of 1996 This paragraph was intentionally left blank.

  • Health Care Insurance While a faculty member is on an approved leave of this type, the faculty member will be advised regarding the right to continue health care benefits in accordance with COBRA during the period of unpaid absence.

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