Hospital/Surgical Insurance Tier I Sample Clauses

Hospital/Surgical Insurance Tier I. A. The Board shall provide hospital surgical insurance coverage through a PPO which meets or exceeds the specifications below for each employee in the bargaining unit, now or hereinafter employed, and his/her eligible dependents. Effective August 1, 2019, the employee shall pay thirteen percent (13%) of the cost of the premium; effective July 1, 2020, the employee shall pay fourteen percent (14%) of the cost of the premium; and effective July 1, 2021, the employee shall pay fifteen percent (15%) of the cost of the premium. The Board’s share would decrease accordingly. The employee’s share of the premium shall be paid through a Section 125 plan.
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Related to Hospital/Surgical Insurance Tier I

  • Hospital and Medical Insurance The University shall make available health insurance to the employees covered by this agreement to the same extent and in the same manner as is available to other University employees, such as Faculty and the Executive, Administrative and Professional Staff employees. It is the University's goal to have the same health insurance plans offered uniformly to all University groups and employees.

  • 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.

  • Optical Insurance The Employer shall contribute the full composite premium cost for an optical insurance plan policy premium for each SUCCESS employee deemed eligible (e.g. Vision Service Plan). Participation in the optical insurance benefit is voluntary for each eligible SUCCESS employee. In order to qualify for the Employer’s share of the monthly premium, the SUCCESS employee must qualify under the rules and regulations of the respective carrier and may enroll in one of the following plans:

  • GROUP INSURANCE PLANS 15.01 The Company agrees to provide all full time employees with one (1) or more years of continuous service, a *Short Term Disability Benefit (S.T.D.) as generally described in Section B of a notice to all employees of the amended Benefit Plan dated May 1, 1993. *Payment for Short Term Disability shall begin on the third (3rd) consecutive day of absence. For those employees who have completed ninety (90) days of perfect attendance from the last date of return to work from an absence due to sickness or accident, shall be paid S.T.D. from the first (1st) day for the first covered absence following the ninety (90) days of perfect attendance. First entitlement to paid S.T.D. shall not occur before April 1, 2003. For the first ninety (90) days of 2003, the Company will recognize those employees who have completed one

  • Dental Insurance Plan 9.9.1 The College will pay one hundred percent (100%) of the premiums for a dental insurance plan, except as per 9.1.4.1.

  • Group Health Benefit Plans, Carrier and Premiums 7.1.1. When enrolment and other requirements for group participation in various plans have been met, the Employer will sponsor such plans to the portion agreed upon and such sponsorship shall not exceed that which is authorized or accepted by the benefit agency.

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