INSURED BENEFIT COVERAGE - ON LAY-OFF Sample Clauses

INSURED BENEFIT COVERAGE - ON LAY-OFF. An employee who is laid off will be eligible for continued Health & Welfare Benefit coverage (i.e.
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INSURED BENEFIT COVERAGE - ON LAY-OFF. An Employee who is laid off will be eligible for continued Health & Welfare Benefit Coverage (i.e. basic medical, extended & dental) for sixty (60) days after the end of the month of lay-off. Coverage will continue for the period stated so long as the Employee is unemployed and not receiving income from another Company or self-employment and has paid the employee portion of the premiums for extended health and dental.
INSURED BENEFIT COVERAGE - ON LAY-OFF. An employee who is laid off will be eligible for continued Medical and EHB coverage, paid for by the Company, for one month after the end of the month in which lay-off occurs. Coverage will continue for the period stated as long as the employee is unemployed and not receiving income from another Company. An employee on temporary lay-off, may continue his coverage for a period of three (3) months by paying the full amount of the Insurance, Medical and Dental premiums. The Company agrees to remit same with their regular group billing returns. In order for an employee to be eligible for the provisions of this subsection an employee must apply and remit payment to the Company prior to their billing date. All benefit coverage under Article 19, shall be maintained for all employees on Weekly Indemnity or Long Term Disability for a period not exceeding one (1) year. For those employees on Workers Compensation, all benefit coverage shall be maintained for a period not exceeding eighteen (18) months. Long Term Disability premiums remain payable by the employee while on Weekly Indemnity or Workers’ Compensation. Such an employee may continue his coverage for an additional period of six (6) months by paying, at the start of each month, the full amount of insurance medical and dental premiums. All employees on Workers' Compensation shall receive Workers' Compensation plus a supplemental amount paid by the Company that will guarantee the employee ninety percent (90%) of his regular net earnings for up to a maximum of fifteen (15) weeks.

Related to INSURED BENEFIT COVERAGE - ON LAY-OFF

  • Dependent Coverage For dependent dental coverage, the Employer contributes an amount equal to the lesser of fifty (50) percent of the dependent premium of the State Dental Plan, or the actual dependent premium of the dental plan chosen by the employee.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

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