Common use of Hospitalization and Surgical Insurance Clause in Contracts

Hospitalization and Surgical Insurance. The Board will provide medical insurance comparable to the Plan described in Appendix E. 1. The Board will pay eighty-five percent (85%) of the single or family plan coverage PPO with coverages listed herein. If both spouses are employed by the Board, then the Board shall pay eighty-five percent (85%) of either two (2) single or one (1) family plan coverage. When the Board experiences a premium holiday, employees will also receive a premium holiday such that they will not have to pay the monthly premium for that month (as has been the past practice). 2. The Board shall implement a Section 125 Plan with regard to premium payments. 3. The Board shall allow employees to elect to participate in dependent care and medical care Flexible Spending Accounts (FSAs) according to IRS regulations, the administrative cost of which shall be paid by the Board. 4. The District will arrange for an insurance claims person from the medical insurance carrier to be in the District at least one (1) day per month to assist employees with processing claims and answering questions. In lieu of an on-site claims representative, a toll-free contact may be provided.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs

Hospitalization and Surgical Insurance. The Board will provide medical insurance comparable to the Plan described in Appendix E.I. 1. The Board will pay eighty-five percent (85%) of the single or family plan coverage PPO with coverages listed herein. If both spouses are employed by the Board, then the Board shall pay eighty-five percent (85%) of either two (2) single or one (1) family plan coverage. When the Board experiences a premium holiday, employees will also receive a premium holiday such that they will not have to pay the monthly premium for that month (as has been the past practice). 2. The Board shall implement a Section 125 Plan with regard to premium payments. 3. The Board shall allow employees to elect to participate in dependent care and medical care Flexible Spending Accounts (FSAs) according to IRS regulations, the administrative cost of which shall be paid by the Board. 4. The District will arrange for an insurance claims person from the medical insurance carrier to be in the District at least one (1) day per month to assist employees with processing claims and answering questions. In lieu of an on-site claims representative, a toll-free contact may be provided.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!