Healthy by Choice Plus Benefit Plan including a Health Savings Account Sample Clauses

Healthy by Choice Plus Benefit Plan including a Health Savings Account. A. The City will provide health insurance coverage to Members through a high deductible health plan and health savings account (HSA). The City will make annual contributions to each participating members’ health savings account based on the coverage level (single or family) and participation in the City’s Wellness program. The benefit plan provides participation-based and results-based wellness incentives to help offset the employee deductible amounts under this plan design. Each employee has the opportunity to earn results-based wellness incentives in relation to four key health factors (blood pressure, cholesterol, body mass index/waist circumference, non-tobacco use) in the form of additional financial contributions to their Health Savings Accounts (HSA’s) (2017) or premium waivers (2018 and 2019). Participating employees, newly hired during the year shall have the City’s contribution to their HSA prorated based on the number of full months employed by the City in that initial year. B. Results- Based Incentives: (Employee and Enrolled Spouse) The City of Dublin health plan is committed to helping employees and their spouse achieve optimal health. Rewards for participating in the Healthy by Choice Plus wellness program are available to participants covered by the health plan. The results-based incentives are based on meeting four key health factors in relation to blood pressure, cholesterol, body mass index/waist circumference, non-tobacco use during the open enrollment period. Both the member and enrolled spouse must participate in the Wellness Program in order to qualify for the annual contribution based on family coverage. Employees who have a spouse also employed by the City have two options: (1) elect one family coverage plan through either the employee or enrolled spouse, or (2) both elect single coverage. If either member or spouse has dependent children, they must elect the first option. C. In addition, if an employee or spouse (if enrolled) is unable to meet a standard for a reward under the Healthy by Choice program in light of their health status, they may qualify for an opportunity to earn the full reward by different means. They must contact the City’s wellness coordinator during the open enrollment period, and the City will work with them (and, if they wish, with their doctor) to find a wellness program or alternative standard with the same reward that is right for them in light of their health status. If an employee or enrolled spouse requ...
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Healthy by Choice Plus Benefit Plan including a Health Savings Account. A. The City will provide health insurance coverage to Members through a high deductible health plan and health savings account (HSA). The City will make annual contributions to each participating members’ health savings account based on the coverage level (single or family) and participation in the City’s Wellness program. Participating employees, newly hired during the year shall have the City’s contribution to their HSA prorated based on the number of full months employed by the City in that initial year. B. Results- Based Incentives: (Employee and Enrolled Spouse) The City of Dublin health plan is committed to helping employees and their spouse achieve optimal health. Rewards for participating in the Healthy by Choice Plus wellness program are available to participants covered by the health plan. The results-based incentives are based on meeting four key health factors in relation to blood pressure, cholesterol, body mass index/waist circumference, non-tobacco use during the open enrollment period. Both the member and enrolled spouse must participate in the Wellness Program in order to qualify for the premium waiver on family coverage. Employees who have a spouse also employed by the City have two options: (1) elect one family coverage plan through either the employee or enrolled spouse, or (2) both elect single coverage. If either member or spouse has dependent children, they must elect the first option. C. In addition, if an employee or spouse (if enrolled) is unable to meet a standard for a premium waiver under the Healthy by Choice program in light of their health status, they may qualify for an opportunity to earn the full premium waiver by different means. They must contact the City’s wellness coordinator during the open enrollment period, and the City will work with them (and, if they wish, with their doctor) to find a wellness program or alternative standard with the same reward that is right for them in light of their health status. If an employee or enrolled spouse requests an additional wellness program/alternative standard that requires a re-screening, the City will offer one additional screening mid-year which will also be available to new employees hired after the open enrollment period. Employees and spouses who meet the re-screening standards (based on wellness program they enrolled in), or newly hired employees who meet the original standards will be eligible for the full amount of the reward which would be deposited in September. The a...
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Related to Healthy by Choice Plus Benefit Plan including a Health Savings Account

  • Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the member who is covered under a high deductible health plan. The member must be covered under the HSA plan for the months in which contributions are made. HIGH DEDUCTIBLE HEALTH PLAN (HDHP) is a health plan that satisfies certain requirements with respect to deductibles and out-of-pocket expenses. The plan cannot provide payment for any covered healthcare service until the plan year deductible is satisfied, with the exception of preventive care services. • that provides medical and surgical care for patients who have acute illnesses or injuries; and • is either listed as a hospital by the American Hospital Association (AHA) or accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO).

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator. Subd. 1. All ASF Members who receive severance pay as defined in Section A of this article must participate in the health care savings plan. Subd. 2. All severance pay as defined in Section B of this article shall be transferred to the severed employee's health care savings plan account. At the time of separation, if an ASF Member has an approved exception to participation in the health care savings plan account from the plan administrator, then the ASF Member shall receive this payment in one lump sum payment of cash.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

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