Individual Plan Clause Samples
The Individual Plan clause defines the terms and conditions applicable to a single user or subscriber under a service or product agreement. Typically, this clause outlines the scope of access, usage limits, and any specific rights or restrictions that apply to an individual rather than a group or organization. For example, it may specify that only one person can use the account and that sharing credentials is prohibited. The core function of this clause is to ensure that the service is used as intended for personal, non-transferable use, thereby preventing unauthorized access and clarifying the obligations of individual users.
Individual Plan. Members who choose and pay for this Plan will receive Legal Services Benefits for a Use of Weapon Incident that occurs in the Member’s state of residence, as well as the Extreme Risk Protection Orders Benefit (i.e. Red Flag Laws) and the Expungement Benefit only in the Member’s state of domicile. No other Benefits described in this Membership Agreement will apply or be available to Members who purchase the Individual Plan.
Individual Plan. In consideration of receipt by the Promoter of Contributions and the fees and charges set out in section 17, and subject to repayment of Government Funded Benefits as required by the Applicable Legislation, the Promoter agrees to pay, or cause to be paid, the Educational Assistance Payments and to arrange for the Plan Assets to be irrevocably held in trust by the Trustee pursuant to the Plan for one or more of the purposes set out in paragraphs 9(a)(i) to (vi).
Individual Plan. 1 All Examples, to the extent applicable, are hereby amended to conform with the minimum and maximum amounts listed above in this Agreement.
(1) Employees participating in the HSA individual plan will have an annual deductible of $2000. Coverage under the HDHP will run from January 1 through, and including December 31 each year. The Committee will make an initial maximum contribution in the amount set forth below which will be deposited into the employee’s HSA by the Committee and available by the first day of the Plan Year. Employee contributions may be made in lump sum payment or payments or on a bi-weekly basis on a pre-tax basis as permitted by law and at the employee’s election.
(2) In any subsequent years that the employee maintains the HSA, the Committee will make an annual contribution of 50% (up to a maximum amount set forth below) of the amount needed to bring the employees deductible back to $2000 or make a minimum contribution as set forth below, whichever is more. Amounts deposited by the employee in excess of $1000 up to the amount permitted by law shall not be used in calculating the employer’s contribution. See above examples for explanation.
(3) Once the Committee’s contribution is exhausted, the employee shall be responsible for the remainder of the deductible before the Committee assumes any and all additional healthcare costs incurred consistent with the High Deductible Plan. This shall include, but is not limited to, office visits, emergency room fees, prescription deductibles, etc. Once the $2000 deductible is met, the Committee shall provide full coverage. Employer’s annual contributions to the Health Savings Account (individual coverage)*: minimum/maximum 2014-2015 $500/$1000 2015-2016 $375/$750 2016-2017 $375/$750
Individual Plan. The Board shall pay ninety percent (90%) of the single HMO annual premium for teachers who elect single coverage. The Board shall pay an equivalent amount equal to ninety percent (90%) of the single HMO premium for those employees electing to choose a single PPO Insurance plan.
Individual Plan. Effective November 15, 2017, employee contributions for all plans are 15% and 12% of the cost of the medical insurance for employees earning less than $55,000 per year, $57,500 effective September 1, 2018 and $60,000 effective September 1, 2019. The contribution of an employee who chooses the Individual Plan is divided into 24 equal pay periods.
Individual Plan. The Society also has a 403(b) option available to musicians. Individuals can designate contributions to this 403(b) from their paycheck. Contributions are not matched by the Society.
Individual Plan. Effective July 1, 2004, the District agrees to pay ninety (90%) of the cost of an individual plan and the Business Administrator will pay the remainder by payroll deductions. OR
Individual Plan i. The District agrees to pay ninety percent (90%) of the cost of an individual plan and the employee shall pay a true ten percent (10%) of the cost of the plan.
Individual Plan. Effective November 15, 2017, employee contributions for all plans are 15% and 12% of the cost of the dental insurance for employees earning less than $55,000 per year, $57,500 effective September 1, 2018 and $60,000 effective September 1, 2019. The contribution of an employee who chooses the Individual Plan is divided into 24 equal pay periods.
Individual Plan. The District will pay 85% of the premium.