HOSPITAL/SURGICAL INSURANCE Sample Clauses

HOSPITAL/SURGICAL INSURANCE. 1. For the 2020-2021 school year, the Board agrees to pay eighty-four and one-half percent (84.5%) of the total premium for family coverage and eighty-seven and one-half percent (87.5%) of the total premium for single coverage. Beginning with the 2021-2022 school year, the Board agrees to pay eighty-four percent (84%) of the total premium for family coverage and eighty-seven percent (87%) of the total premium for single coverage.
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HOSPITAL/SURGICAL INSURANCE. A. Beginning with the 2014-2015 school year all bargaining unit members shall pay 12% of the current premium cost for group insurance except for vision, dental, and life insurance; and then 14% for the 2015-2016 school year; and 15% for the 2016-2017 school year. The Board will provide a 125 Plan in accordance with IRS regulations for all affected employees.
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HOSPITAL/SURGICAL INSURANCE. The Employee shall be covered under the Employer’s Group Hospital & Surgical Insurance, details of which are set out in the insurance policy which shall be made available by the Employer to the Employee upon the Employee’s request.
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HOSPITAL/SURGICAL INSURANCE. Prescription Drug
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HOSPITAL/SURGICAL INSURANCE. 1. The Board agrees to pay eighty-seven percent (87%) for the 2014-15 school year; eighty-six percent (86%) for the 2015-16 school year; and eighty-five percent (85%) for the 2016-17 school year of total premium for family coverage and ninety percent (90%) for the 2014-15 school year; eighty-nine percent (89%) for the 2015-16 school year; and eighty-eight percent (88%) for the 2016-17 school year of total premium for single coverage.
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HOSPITAL/SURGICAL INSURANCE. The Board shall agree to make available hospital/surgical coverage comparable to the current plan of benefits in effect at the start of this Agreement. Major changes in benefits will be reviewed with the benefits committee prior to implementation. Full time for insurance purposes only shall be defined as employees who work the full length of the teacher day. The Board shall pay the percentage of the monthly premium cost for such insurance, and the employee shall pay the remaining percentage through payroll deductions for employees, in accordance with the following schedule. Part-time teachers shall receive coverage on a pro-rata basis, based upon the percentage of full time they work. When two spouses are employed by the Board, only one family plan may be selected. Year Board Percentage Employee Percentage 2023-2024 85% 15% 2024-2025 85% 15% 2025-2026 85% 15%
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Related to HOSPITAL/SURGICAL INSURANCE

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.

  • Tail Insurance The Company shall have provided Parent with evidence reasonably satisfactory to Parent of the purchase of the D&O Tail Policy in accordance with Section 4.9.

  • Key Person Life Insurance The Company shall maintain term life insurance in the amount of $1,000,000 for Rxx Xxxxxx and $5,000,000 for Hxxxxx Xxxxx on the lives of the Key Holders, naming the Company as beneficiary. The Company shall obtain such insurance as soon as reasonably practicable following the closing of the sale of the Series A Preferred Stock pursuant to the Series A Agreement.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Medical and Dental Insurance The Company shall pay Employee’s monthly Medical and Dental Insurance premiums in association with Company provided health insurance plans.

  • Life Insurance Policies If any Debtor, now or any time hereafter, is the beneficiary of a “key man life insurance policy”, it shall promptly notify the Agent thereof, provide the Agent with a true and correct list of the Persons insured, the name and address of the insurance company providing the coverage, the amount of such insurance and the policy number, and, unless otherwise waived by the Agent in writing, take such actions as Agent may deem necessary or the Agent shall deem reasonably desirable to collaterally assign policy to the Agent for the benefit of the Lenders.

  • Term Life Insurance The Employer will maintain and make available to full-time and part-time employees, the current term life insurance plan as set forth in the document "Summary of Health Benefits, Maryland State Employees."

  • Disability Insurance The Company shall maintain, at its cost, supplemental renewable long-term disability insurance as agreed to by the Company and the Executive.

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