Common use of Hospitalization Insurance Clause in Contracts

Hospitalization Insurance. The Employer agrees to continue basic group hospitalization insurance premium payments for one (1) additional month after an employee is on lay off. (a) The employee may continue to pay his part of the premium subject to the provisions of the COBRA Law, provided the payment is received by the Risk Management Department on or before the fifth (5th) day of each month. (b) But in no event may the coverage be continued beyond the date the employee became eligible for coverage under any other group type plan.

Hospitalization Insurance. The Employer agrees to continue basic group hospitalization insurance premium payments for one two (12) additional month months after an employee is on lay off. (a) The employee may continue to pay his part of the premium subject to the provisions of the COBRA Cobra Law, provided the payment is received by the Risk Management Department on or before the fifth (5th) day of each month. (b) But in no event may the coverage be continued beyond the date the employee became eligible for coverage under any other group type plan.

Hospitalization Insurance. The Employer agrees to continue basic group hospitalization insurance premium payments for one (1) additional month after an employee is on lay offlayoff. (a) The employee may continue to pay his part of the premium subject to the provisions of the COBRA Law, provided the payment is received by the Risk Management Department on or before the fifth (5th) day of each month. (b) But in no event may the coverage be continued beyond the date the employee became eligible for coverage under any other group type plan.

Hospitalization Insurance. The Employer agrees to continue basic group hospitalization insurance premium payments for one two (12) additional month months after an employee is on lay off. (a) The employee may continue to pay his part of the premium subject to the provisions of the COBRA Cobra Law, provided the payment is received by the Risk Management Finance Department on or before the fifth (5th) day of each month. (b) But in no event may the coverage be continued beyond the date the employee became eligible for coverage under any other group type plan.