Insurance- Medical Sample Clauses

Insurance- Medical. Each regular, full-time employee of the Police Department shall, after one (1) month of such full-time service, be entitled to health insurance provided by the City. Employees shall pay the following amounts: Effective January 1, 2021 : Tier 80/20 90/10 Category Monthly Incentive EE $ - 8%, capped at $61.76 Annual Physical $ 15.00 EE+SP $ - 8% capped at $129.78 Non-Tobacco User $ 15.00 EE+CHR $ - 8% capped at $105.06 FAM $ - 8% capped at $182.30 EE $ - $31.76 EE+SP $ - $99.78 EE+CHR $ - $75.06 FAM $ - $152.30
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Insurance- Medical. Each regular, full-time employee of the Police Department shall, after one (1) month of such full-time service, be entitled to health insurance provided by the City. Employees shall pay the following amounts: Effective January 1, 2021 : Tier 80/20 90/10 Category Monthly Incentive EE $ - 8%, capped at $61.76 Annual Physical $ 15.00 EE+SP $ - 8% capped at $129.78 Non-Tobacco User $ 15.00 EE+CHR $ - 8% capped at $105.06 FAM $ - 8% capped at $182.30 With Incentive EE $ - $31.76 EE+SP $ - $99.78 EE+CHR $ - $75.06 FAM $ - $152.30 There shall be a reopener solely on the issue of plan design for both the 80/20 and the 90/10 plan, to be effective in January 1, 2019.
Insurance- Medical. A. As of the beginning of the July 1, 2008 school year, the Board, after agreement with the Council regarding appropriate insurance carrier, shall provide the health-care protection designated below. The Board shall pay the full premium for each Council member and in cases where appropriate for family plan insurance coverage. 1. For each Council member who remains in the employ of the Board for the full year, the Board shall make payment of insurance premiums to provide insurance coverage for the full twelve month period commencing July 1st and ending June 30th; when necessary, premiums in behalf of the Council member shall be made retroactively or prospectively to assure uninterrupted participation and coverage. 2. Provision of the health-care program shall be detailed in master policies in accordance with the rules of the carrier, as agreed upon between the Board and the Health Care Provider and shall include: a. Eligibility – Effective Date b. Important Information About Your Medical Plan c. Health Maintenance Organization d. Hospital Benefits
Insurance- Medical. SECTION 1: a. The Borough agrees to provide and assume all costs for the present health insurance plan, or its equivalent, for all members and their dependents. Eligible dependents shall include the employee spouse and any children up to the age (18). If the child maintains status as a full-time student that child's coverage shall remain until age twenty-two
Insurance- Medical. SECTION 1: a. The Borough agrees to provide and assume all costs for benefits through the State Health Benefits Plan or its equivalent, for all members and eligible dependents in accordance with the presently existing policy and terms set forth herein. All active unit employees shall contribute towards the costs of health insurance in accordance with the provisions of P.L. 2011, Chapter 78. These payments shall be made on a pre-tax basis pursuant to an IRS §125 Salary Reduction Premium Only Plan, in accordance with the Borough's existing payroll practices. Eligible dependents shall include the employee's spouse and children. Effective as of January 1, 2011, as mandated by Federal law and pursuant to the Patient Protection and Affordable Care Act, dependent children shall remain covered in the Borough's medical prescription drug plans until age 26, subject to New Jersey State Eligibility Rules for Dependents. Student status not required. Coverage will be available to eligible children through December 31'' of the year they attain age 26 at which time, subject to New Jersey Statutory Regulations (Chapter 375) and requirements, employees who are enrolled through any Borough medical and prescription plan may voluntarily opt to enroll their dependents in the dependent to age 31 coverage, for an additional premium, which is billed directly to the employee.
Insurance- Medical. Health insurance premiums shall be paid by the District for all full-time employees only and in accordance with the Affordable Care Act according to the following schedule and upon the following terms and conditions. Dental and vision insurance are employee-paid. For new employees, the provisions of the District's insurance plan provide for insurance coverage beginning the first of the month following 30 days of employment with the District (October 1st).
Insurance- Medical. Board of Education will pay individual health insurance premium up to $795.00 per month and contribute $30.00 per month toward family premium of group hospitalization and medical insurance policy for each certificated employee enrolled and teaching during the school year. Carrier will be selected by the Board of Education after discussion with the Association; however, coverage remains the same unless bargained. The Board and the Association agree that the current payment of 100% of single premium and $30.00 per month toward the family premium shall be maintained either with the current plan and carrier, or with the State of Illinois Insurance Plan, or with any other carrier with a 90/10 coinsurance plan and with equal or less "out of pocket" expense per calendar year to the employee, unless bargained otherwise. All other plans shall be subject to bargaining. The parties further agree that if the medical insurance carrier has a dental plan available as part of the coverage, at no additional premium cost, such dental plan shall be provided to the employees. Upon retirement, employees with ten (10) or more years continuous service with District No. 13 may remain in group until age 65 by paying appropriate premiums, if they are not eligible for coverage through the Teacher's Retirement System. The Board agrees to provide at no cost to the Employee a Section 125K plan for the purpose of tax-sheltering that portion of the Employee's salary which is deducted for the payment of insurance premiums.
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Related to Insurance- Medical

  • Insurance Plan 19.01 The Employer agrees to contribute the indicated percentage of the premium cost of the following group plans for full-time employees (and their families where applicable) who have completed their probationary period.

  • Insurance Plans The Executive is eligible to participate in the life, health, dental, short and long-term disability plans made available to the employees of the Company pursuant to the terms and conditions of such plans.

  • Group Insurance Plan The carriers, coverage, and terms and conditions of participation under the District’s Group Insurance Plan are subject to change in accordance with the applicable provisions of Title I, Division 4, Chapter 10 of the California Government Code (Section 3500 et seq.) (Xxxxxx‐Milias‐Xxxxx Act). a. The District contracts with CalPERS for health plan coverage for all regular and newly hired employees (eligibility to be defined by the “CalPERS health plan”). Booklets on the insurance plans will be available to all participants. b. Employees may choose from the available plans offered by CalPERS. Additional premiums will be borne by the employee through payroll deductions and paid to CalPERS by the District each month; and the additional cost for monthly premiums will be deducted evenly from the first and second payroll period of each month. To the extent allowed by law, the District will attempt to deduct the employee’s premium contribution from pre‐tax dollars.

  • Insurance Companies Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

  • 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.

  • Group Insurance All employees covered by this Agreement shall receive the same group insurance benefits as provided to other County employees in accordance with the County Benefit Program.

  • Insurance Company The Buyer is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. (b) Pursuant to Section 4.01 and 4.02, any amounts collected by the Servicers or the Master Servicer, or by any Servicer, under any insurance policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or released to the Mortgagor in accordance with the applicable Servicing Agreement) shall be deposited into the Master Servicer Collection Account, subject to withdrawal pursuant to Section 4.02 and 4.03. Any cost incurred by the Master Servicer or any Servicer in maintaining any such insurance if the Mortgagor defaults in its obligation to do so shall be added to the amount owing under the Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however, that the addition of any such cost shall not be taken into account for purposes of calculating the distributions to be made to Certificateholders and shall be recoverable by the Master Servicer or such Servicer pursuant to Section 4.02 and 4.03.

  • Insurance Matters (a) Parent and SpinCo agree to cooperate in good faith to provide for an orderly transition of insurance coverage from the date hereof through the Effective Time. In no event shall Parent, any other member of the Parent Group or any Parent Indemnitee have Liability or obligation whatsoever to any member of the SpinCo Group in the event that any (i) insurance policy or insurance policy related contract shall be terminated or otherwise cease to be in effect for any reason, shall be unavailable or inadequate to cover any Liability of any member of the SpinCo Group for any reason whatsoever or shall be cancelled, not renewed or not extended beyond the current expiration date or (ii) any insurer declines, denies, delays or obstructs any claim payment. (b) From and after the Effective Time, SpinCo, any member of the SpinCo Group or any of their respective employees (including former or inactive employees) shall cease to be insured by, shall have no access or availability to or under, shall not be entitled to make claims on or under and shall not be entitled to claim benefits from or seek coverage under, and shall not have any rights to or under, any of Parent’s or any member of the Parent Group’s insurance policies or any of their respective self-insured programs in place prior to the Effective Time. With respect to claims on or under the policies provided on Schedule 5.1(b) (collectively, the “Designated Policies”) SpinCo: (i) shall notify Parent, as promptly as practicable, of any incident, circumstance or occurrence that may lead to a claim made by Parent or any member of the Parent Group under a Designated Policy; (ii) shall, and shall cause the other members of the SpinCo Group to, at SpinCo’s sole cost and expense, cooperate with and assist Parent and the members of the Parent Group and share such information as is necessary in order to permit Parent and the members of the Parent Group to manage and conduct the insurance matters contemplated by this Section 5.1, including with respect to any claims by Parent or any member of the Parent Group under any Designated Policy; and (iii) shall exclusively bear (and neither Parent nor any members of the Parent Group shall have any obligation to repay or reimburse SpinCo or any member of the SpinCo Group for) and shall be liable for all excluded, uninsured, uncovered, unavailable or uncollectible amounts (including where any insurer declines, denies, delays or obstructs any claim payment) of all claims made with respect to any losses, damages and Liability incurred by any member of the SpinCo Group prior to the Effective Time under the Designated Policies. (c) At the Effective Time, SpinCo shall have in effect all insurance programs required to comply with SpinCo’s contractual obligations and such other Policies required by Law or as reasonably necessary or appropriate for companies operating a business similar to SpinCo’s. (d) Neither SpinCo nor any member of the SpinCo Group, in connection with any claim under any insurance policy of Parent or any member of the Parent Group (including the Designated Policies), shall take any action that would be reasonably likely to (i) have a materially adverse impact on the then-current relationship between Parent or any member of the Parent Group, on the one hand, and the applicable insurance company, on the other hand; (ii) result in the applicable insurance company terminating or materially reducing coverage, or materially increasing the amount of any premium owed by Parent or any member of the Parent Group under the applicable insurance policy; or (iii) otherwise compromise, jeopardize or interfere in any material respect with the rights of Parent or any member of the Parent Group under the applicable insurance policy. (e) Parent shall retain the exclusive right to control its insurance policies and programs, including the right to exhaust, settle, release, commute, buy-back or otherwise resolve disputes with respect to any of its insurance policies and programs and to amend, modify or waive any rights under any such insurance policies and programs and no member of the SpinCo Group shall erode, exhaust, settle, release, commute, buy-back or otherwise resolve disputes with Parent’s insurers with respect to any of Parent’s insurance policies and programs, or amend, modify or waive any rights under any such insurance policies and programs. SpinCo shall cooperate with Parent and share such information as is necessary in order to permit Parent to manage and conduct its insurance matters as Parent deems appropriate. Each Party and any member of its applicable Group has the sole right to settle or otherwise resolve Third-Party Claims made against it or any member of its applicable Group covered under an applicable insurance policy. Notwithstanding anything in the foregoing to the contrary, Parent shall have the sole right to settle or otherwise resolve Third-Party Claims covered under a Designated Policy without the prior written consent of SpinCo unless such settlement (i) involves any admission, finding or determination of wrongdoing or violation of Law by any member of the SpinCo Group or (ii) does not provide for a full, unconditional and irrevocable release of the applicable member(s) of the SpinCo Group from all Liability in connection with the Third-Party Claim, in which case Parent shall not settle or otherwise resolve such Third-Party Claims without the prior written consent of SpinCo (which consent may not be unreasonably withheld, delayed or conditioned). (f) This Agreement shall not be considered as an attempted assignment of any policy of insurance or as a contract of insurance and shall not be construed to waive any right or remedy of any member of the Parent Group in respect of any insurance policy or any other contract or policy of insurance. (g) SpinCo does hereby, for itself and each other member of the SpinCo Group, agree that no member of the Parent Group shall have any Liability whatsoever as a result of the insurance policies and practices of Parent and the members of the Parent Group as in effect at any time, including as a result of the level or scope of any such insurance, the creditworthiness of any insurance carrier, the terms and conditions of any policy, or the adequacy or timeliness of any notice to any insurance carrier with respect to any claim or potential claim or otherwise.

  • Accident Insurance It is highly recommended that either the Sending Institution or the Receiving Organisation/Enterprise provide insurance coverage to the trainee, and fill in the information in Table B or C accordingly. The trainee must be covered at least by an accident insurance (damages caused to the trainee at the workplace) and by a liability insurance (damages caused by the trainee at the workplace).

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