Health Insurance Refund Sample Clauses

Health Insurance Refund. In the event the district health insurance carrier returns a premium refund the procedure below will be followed: a. The employer would retain the needed dollars to pay the required Medicare, unemployment, social security taxes, federal and state income tax withholding. b. A refund will be made when the number of contributions for the time period of the refund is divided into the refund amount and equals a number ten or greater. c. ANEA leadership will be notified of the pending refund of premium. d. The amount refunded to each participating individual will be prorated by the amount paid into the refunded premium for the year for which the refund applies. e. The refund amount for each individual will be paid through payroll less any deductions listed in a. above. When Abilene, USD #435 is sponsoring a partially or fully self-funded health insurance program, a group policy surplus for any given year will be reviewed by a team of ANEA members, other staff members and board members. With the help of the district’s health insurance representative, this team will draft a formal recommendation for the handling of the surplus with the understanding the primary purpose of surplus policy dollars is to create a district health insurance premium stability pool.
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Related to Health Insurance Refund

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Definitions For purposes of this Agreement:

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Entire Agreement This DPA and the Service Agreement constitute the entire agreement of the Parties relating to the subject matter hereof and supersedes all prior communications, representations, or agreements, oral or written, by the Parties relating thereto. This DPA may be amended and the observance of any provision of this DPA may be waived (either generally or in any particular instance and either retroactively or prospectively) only with the signed written consent of both Parties. Neither failure nor delay on the part of any Party in exercising any right, power, or privilege hereunder shall operate as a waiver of such right, nor shall any single or partial exercise of any such right, power, or privilege preclude any further exercise thereof or the exercise of any other right, power, or privilege.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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