High Deductible Health Plan Coverage Option Sample Clauses

High Deductible Health Plan Coverage Option. For the term of this Agreement, eligible full- time bargaining unit employees who elect the HDHP coverage option will be charged the same premium (if any) that is charged to non-bargaining employees of Entergy Arkansas LLC., or a successor Entergy System Company employer. The Company will not provide cash back or benefit credits to active bargaining unit employees who waive coverage under the Medical Plan. For the term of this Agreement, all active bargaining unit employees will be grouped with all active employees employed by an Entergy System Company and all former employees of an Entergy System Company receiving long term disability benefits under the LTD Plan and separately from retirees (following their initial year of retirement) for purposes of determining their premium costs under the Medical Plan. Notwithstanding anything in this Agreement to the contrary, if the Company determines that the value of any Medical Plan coverage option, the Dental Plan, the Vision Plan, Retiree Health Plan coverage option, and/or bargaining unit employee contributions to an HSA or Health Care FSA under the Reimbursement Plan, whether singularly or in the aggregate, will cause Entergy Corporation, the Company, or the Plan Administrator to incur or to be assessed or otherwise be responsible for an excise tax, the Company may, at its discretion and without reopening or amending this Agreement and without negotiating with or requesting consent of the Union, amend or cease to offer such Medical Plan coverage option and/or Retiree Health Plan coverage option, amend the Medical Plan, Vision Plan Dental Plan, and/or Retiree Health Plan and/or limit the amount bargaining unit employees may contribute to an HSA or Health Care FSA, provided any such changes apply to bargaining unit employees on the same basis as they apply to non-bargaining employees of Entergy Arkansas, LLC., or a successor Entergy System Company employer. The Company agrees to consider the Union’s input with respect to the any such excise tax, with the Company retaining sole discretion and decision-making authority to make any of the changes described in the above paragraph. When any change in premiums of the above Medical Plan options is made, the Company shall notify the Union, and all employees by an announcement in a Company publication or by letter.
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Related to High Deductible Health Plan Coverage Option

  • Insurance, Loss Deductible The Customer shall be exempt from, and in no way liable for, any sums of money which may represent a deductible in any insurance policy. The payment of such deductible shall be the sole responsibility of the Contractor providing such insurance. Upon request, the Contractor shall furnish the Customer an insurance certificate proving appropriate coverage is in full force and effect.

  • Long Term Disability Insurance The City shall provide to employees with six months continuous service a Long Term Disability (LTD) plan that provides, after a one hundred eighty (180) day elimination period, sixty percent (60%) salary (subject to integration) up to age sixty-five. Employees who receive payments under the LTD plan shall not be eligible to continue receiving payments under the City's Catastrophic Illness Program.

  • Dependent Coverage For dependent dental coverage, the Employer contributes an amount equal to the lesser of fifty (50) percent of the dependent premium of the State Dental Plan, or the actual dependent premium of the dental plan chosen by the employee.

  • Deductible An annual deductible of fifty dollars ($50) per person and one hundred fifty dollars ($150) per family applies to State Dental Plan non-preventive services received from in-network providers. An annual deductible of one hundred twenty-five dollars ($125) per person applies to State Dental Plan services received from out of network providers. The deductible must be satisfied before coverage begins.

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