Health Insurance Reimbursement. State Auto shall pay Executive an amount equal to State Auto’s then current monthly per employee cost of providing State Auto’s health insurance benefit multiplied by 24. In computing and determining Severance Benefits under subsections (a) and (b), above, a decrease in Executive’s salary or incentive bonus potential shall be disregarded if such decrease occurs within six (6) months before a Change of Control, is in contemplation of such Change of Control, and is taken to avoid the effect of this Agreement should such action be taken after such Change of Control. In such event, the salary and incentive bonus potential used to determine Severance Benefits shall be that in effect immediately before the decrease that is disregarded pursuant to this Section 2.1. The Severance Benefits provided in subsections (a), (b) and (e) above shall be paid on the 60th business day following the date Executive’s employment terminates, provided that Executive has executed a general release and waiver of any claims against State Auto or its successors and the period of time during which Executive may revoke the general release and waiver has expired on or before the 60th day following Executive’s separation from service. Notwithstanding the foregoing, if Executive is a “specified employee” as defined in Code Section 409A, such payment shall be subject to and paid according to the provisions of Section 2.4, as described below. Executive acknowledges and agrees that the Severance Benefits provided in this Section 2.1 shall be the sole severance benefits payable to Executive in the event of any “change of control” (under any definition) of State Auto, and Executive hereby waives and relinquishes any and all rights or severance benefits under any other “change of control” provision applicable to Executive with respect to the Executive’s employment by State Auto.
Health Insurance Reimbursement. State Auto shall pay Executive an amount equal to State Auto’s then current monthly per employee cost of providing State Auto’s health insurance benefit multiplied by 24, unless at the time of the Change in Control Executive is within two years of age 65, in which case the health insurance reimbursement provided in this Section 2.1(e) shall be multiplied by the number of months remaining until Executive attains age 65. In computing and determining Severance Benefits under subsections (a) and (b), above, a decrease in Executive’s salary or incentive bonus potential shall be disregarded if such decrease occurs within six months before a Change of Control, is in contemplation of such Change of Control, and is taken to avoid the effect of this Agreement should such action be taken after such Change of Control. In such event, the salary and incentive bonus potential used to determine Severance Benefits shall be that in effect immediately before the decrease that is disregarded pursuant to this Section 2.1. The Severance Benefits provided in subsections (a), (b) and (e) above shall be paid on the 60th business day following the date Executive’s employment terminates, provided that Executive has executed a general release and waiver of any claims against State Auto or its successors and the period of time during which Executive may revoke the general release and waiver has expired on or before the 60th day following Executive’s separation from service. Notwithstanding the foregoing, if Executive is a “specified employee” as defined in Code Section 409A, such payment shall be subject to and paid according to the provisions of Section 2.4, as described below. Executive acknowledges and agrees that the Severance Benefits provided in this Section 2.1 shall be the sole severance benefits payable to Executive in the event of any “change of control” (under any definition) of State Auto, and Executive hereby waives and relinquishes any and all rights or severance benefits under any other “change of control” provision applicable to Executive with respect to his employment by State Auto.
Health Insurance Reimbursement. Effective with the April 2006, annual enrollment period and during any annual enrollment period thereafter, bargaining unit members and retirees who are eligible for hospital/medical and prescription drug coverage must advise the Human Resources Department, on forms provided, of their voluntary election not to receive County paid hospital/medical and prescription drug coverage. This “Opt-Out” will remain in effect until the employee notifies the Human Resources Department on forms provided of the employee’s election to commence coverage as otherwise provided in this section. Employees and retirees must initially provide proof at “Opt-Out” that the employee/retiree is covered by a medical insurance plan and must sign a waiver which holds the County harmless for any liability which may be caused by voluntarily electing not to receive hospital/medical and prescription drug coverage from the County. Thereafter, each full six (6) month period (June through November and December through May) the employee goes without the County provided coverage, the employee will be paid a lump sum gross amount of $1000.00 (in December or June as appropriate), provided that during the six (6) month period the employee would otherwise have been eligible for County paid coverage, had the employee been receiving County paid coverage and the “Opt-Out” payment is not more than the hospital/medical and prescription drug premiums would have been during the same period. This payment shall change to $600.00 effective the December 1, 2012 through May 31, 2013 period and thereafter. This lump sum amount shall be considered as taxable wages. Employees may opt in or out coverage due to a qualifying event, as defined by the Health Insurance Portability And Accounting Act of 1996 (HIPAA) and Section 125 of the Internal Revenue Code, if otherwise eligible under the agreement. An employee who is participating in the "Opt-Out" provision who separates employment prior to completion or the six (6) month period, or has a qualifying event and begins or discontinues coverage, will receive a pro-rated amount for each full month worked without coverage during that six (6) month period. Effective December 1, 2012, employee receiving County insurance through a spouse or other person who also works for, or is retired from, the County will no longer be eligible to receive any health insurance “Opt-Out” reimbursement. New hires may “Opt-Out” effective when the employee would otherwise be eligible for hospit...
Health Insurance Reimbursement. During the term of this Agreement, the Company agrees to pay you a monthly stipend of $1,350.00 per month in addition to your annual salary as reimbursement to you of your health insurance premiums until such time as the Company can make available an equivalent health insurance plan (the “Health Insurance Reimbursement”).
Health Insurance Reimbursement. Notwithstanding anything to the contrary in Section 2(e), the Executive shall not be required to elect to participate in the Company’s group health insurance plan(s) (as applicable). If the Executive does not elect to participate, the Company agrees that it shall reimburse the Executive for the premiums associated with the Executive maintaining during the Term such health insurance coverage (including medical and dental) for himself, his spouse and his eligible dependents under the personal insurance policies under which he and they are covered as of the Commencement Date (or a reasonable successor/replacement policy/policies as the Executive may hereafter obtain). For the avoidance of doubt, the Executive shall be eligible for reimbursement of, and shall be reimbursed for, all such premiums incurred by the Executive for such coverage since the Commencement Date; and the Company shall make a catch-up reimbursement payment to the Executive on the first regularly scheduled payroll date after the date of this Agreement for all such premiums incurred by the Executive for the period from the Commencement Date through such payroll date.
Health Insurance Reimbursement. During any annual enrollment period bargaining unit members and retirees may advise the Human Resources Department, on forms provided, of their voluntary election not to receive County paid hospital/medical coverage. Employees and retirees must provide proof that the employee/retiree is covered by a medical insurance plan and must sign a waiver which holds the County harmless for any liability which may be caused by voluntarily electing not to receive hospital/medical insurance coverage from the County. Thereafter, each full six (6) month period (June through November and December through May) the employee goes without the County provided coverage, the employee will be paid a lump sum gross amount of $750.00 (in December or June as appropriate), provided that during the (6) month period the employee would otherwise have been eligible for County paid coverage, had the employee been receiving County paid coverage. This lump sum amount shall be considered as taxable wages. This does not preclude a County employee from being provided with County insurance through his/her spouse, who also works for the County. An employee who is participating in the "Opt-Out" provision who separates employment prior to completion or the six (6) month period will receive a pro- rated amount for each full month worked during that six (6) month period. Employees may commence coverage only by applying during a subsequent annual open enrollment period if otherwise eligible under the agreement or, if due to a qualifying event, as defined by the carrier.
Health Insurance Reimbursement. In order for us to set realistic treatment goals and priorities, it is important to evaluate what resources you have available to pay for your treatment. Health insurance policies usually provide some coverage for mental health treatment, though benefits have become increasingly more complex due to the rising costs of health care. If you plan to file for insurance reimbursement, please make sure that I am on that plan. Please bring your insurance card to your first appointment. If the card is in someone else’s name (spouse, parent, etc.), please have their date of birth available. Also, please contact your insurance company to find out the co-pay for a Licensed Psychologist and if you have any deductible to satisfy. If you plan to file for insurance reimbursement from a plan of which I am not a provider, you are responsible for the regular full hourly fee. You are advised to call your insurance plan administrator to assess any out-of-network outpatient mental health benefits of your policy may provide to you. Insurance plans will often request information including diagnostic impressions, treatment plan, reason for treatment, prognosis, or other material. The released information may become part of the insurance company files and will likely be stored in a computer network. Though insurance companies claim to keep such information confidential, I have no control over what they do with it once it is in their hands. In fact, records are often forwarded by a client’s insurance plan to the Medical Information Bureau (MIB), at which time the client’s health history becomes available to other insurance companies without the client’s knowledge or consent. As such, I want clients to be informed that the release of any medical or diagnostic information through the claims filing process may present a potential risk that could be personally damaging to unknowing clients should an inappropriate party have access to the MIB national database.
Health Insurance Reimbursement for any employees of the Sponsor who take leave to be employed at the School pursuant to Chapter 1002.33(12), Florida Statutes (2005), and who wish to retain their health insurance through the Sponsor, the School agrees to pay the total monthly premiums for such employees' health insurance within thirty (30) calendar days after receipt of the Sponsor's invoice.
Health Insurance Reimbursement. If you make a timely election to continue medical, dental and/or vision insurance coverage under the Company’s group medical, dental and/or vision plans pursuant to federal law (COBRA), the Company will reimburse you for up to fifteen (15) months of your COBRA payments, ending on February 29, 2012. If you secure employment before February 29, 2012, and medical, dental and/or vision coverage is available as a result of that employment, the Company’s obligation to reimburse COBRA shall immediately cease. After February 29, 2012, you may continue COBRA coverage, subject to applicable law, at your sole expense. To receive reimbursement, you must mail proof of payment to the Company’s Benefits Department, 00 Xxx Xxxxx Xxxxxx, Xxxxxxxxxx, XX, 00000, or send proof of payment via fax to the Benefits Department at 000-000-0000.
Health Insurance Reimbursement. 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, you will be eligible to continue your group health insurance benefits at your own expense following the Separation Date. Later, if you wish, you may be able to convert to an individual policy through the provider of the Company’s health insurance. You will be provided with a separate notice describing your rights and obligations under the applicable state and/or federal insurance laws. If you enter into this Agreement and allow it to become effective, and you timely elect such continued group health insurance coverage, the Company will reimburse your health insurance premiums sufficient to continue your group health insurance coverage at the same level in effect as of the Separation Date (including dependent coverage, if any) through the end of the Consulting Period, unless and until you become eligible for other health coverage with another employer which provides coverage for you and your family (the “Health Insurance Reimbursement”). You agree to notify the Company in writing immediately upon commencing other employment that provides health insurance benefits.
