Life and Health Insurance. 1. The Employer will continue to provide to full-time Employees the same life and health insurance coverage at the same cost as is provided by the Xxxxxx County Board of Commissioners to its other County Employees during the term of this Agreement; provided that the Employer will provide a minimum of thirty-five thousand ($35,000) life insurance coverage to eligible Employees.
2. An Employee who is covered by health insurance provided by any retirement or pension plan, and where the Employee is not required to pay a majority of the cost of the premium, is not entitled to any health insurance coverage under this Article.
3. If the Employer increases the percentage of Employee contributions toward the combined premium costs for health and dental insurance (including self-insured rates, if applicable) by more than the limits set forth below, the Union may reopen the provisions of this Article for renegotiation by serving notice upon the Employer within thirty (30) days of receiving notice of the increased contributions. The Employee contribution limits that would trigger this right to reopen are: High Option 24% of combined premium Mid Option 15% of combined premium Low Option 5% of combined premium These percentage limitations are based on the monthly premiums for health and dental insurance at the single, single-plus-one, and family rate, as chosen by the Employee. These limitations do not restrict the Employer from changing plan designs or charges to the Employee when obtaining medical or dental services, from offering more or fewer than three (3) tiers of coverage, or from imposing supplemental charges for covering family members with other coverage available, provided such changes are applied uniformly to all County employees. In any such reopened negotiations, the statutory impasse resolution procedures shall apply.
4. The Employer shall allow a representative of the Xxxxxx County Sheriff’s Wage and Benefit Committee to participate in the Health Insurance Advisory Committee that consults with the Board of County Commissioners on the design and selection of the health insurance plan.
Life and Health Insurance. Life-Insurance -- Employee only (Disability Waiver of Premium)
Life and Health Insurance. During the term of this AGREEMENT the TOWN will maintain a life insurance policy in an amount equal to one times the base yearly wage [hourly rate times two thousand one hundred eighty four (2,184) hours] for each member of the Association, at no cost to the employee.
Life and Health Insurance. The Company, in its discretion, may apply for and procure in its own name and for its own benefit, life insurance on the life of the Employee in any amount or amounts considered advisable by the Company, and the Employee shall submit to any medical or other examination and execute and deliver any application or other instrument in writing, reasonably necessary to effectuate such insurance. The Company may provide health insurance, including major medical coverage, for the Employee. All insurance provided to Employee shall be in such form and provide such coverage as may be determined by the Board of Directors or the Compensation Committee of the Board of Directors.
Life and Health Insurance. 42.1 LIFE INSURANCE
Life and Health Insurance. Section 1. The Township, at its expense, agrees to provide the following insurance benefits to each qualifying employee during the term of this Agreement:
A. Life insurance policy in the face amount of Twenty-Five Thousand Dollars ($25,000.00).
B. Effective April 1, 2001, life insurance policy in the face amount of Five Thousand Dollars ($5,000.00) for employees who retire under the PERS Pension System.
C. A plan for hospitalization, surgery, major medical, drug, prescriptions and dental care, whether through insurance coverage or a health maintenance program.
Life and Health Insurance. Section 5 of the Agreement is hereby amended to read in its entirety as follows:
Life and Health Insurance. The Company will establish, maintain and administer a Life and Health Insurance Plan for each eligible hourly paid employee and eligible dependents which shall consist of and be limited to the benefits outlined herein.
Life and Health Insurance. The Company, in its discretion, may apply for and procure in its own name and for its own benefit, life insurance on the life of the Employee in any amount or amounts considered advisable by the Company, and the Employee shall submit to any medical or other examination and execute and deliver any application or other instrument in writing, reasonably necessary to effectuate such insurance. The Company may provide health insurance, including major medical coverage, for the Employee. All insurance provided to Employee shall be in such form and provide such coverage as may be determined by the Board of Directors or the Compensation Committee of the Board of Directors. Until such time as the Company provides health insurance coverage to the Employee, commencing on January 1, 2014, the Company shall reimburse the Employee for expenses incurred by him for his personal health insurance premiums, in an amount not to exceed $1,500 per month. Reimbursement requests must be timely submitted by the Employee and, if timely submitted, reimbursement payments shall be made to the Employee as soon as administratively practicable following such submission, but in no event later than the last day of the Employee’s taxable year following the taxable year in which the expense was incurred. In no event shall the Employee be entitled to any reimbursement payments after the last day of the Employee’s taxable year following the taxable year in which the expense was incurred. This paragraph shall only apply to in-kind benefits and reimbursements that would result in taxable compensation income to the Employee.”
Life and Health Insurance. The Corporation, in its discretion, may apply for and procure in its own name and for its own benefit, life insurance on the life of the Employee in any amount or amounts considered advisable by the Corporation, and the Employee shall submit to any medical or other examination and execute and deliver any application or other instrument in writing, reasonably necessary to effectuate such insurance. The Corporation shall provide health insurance, including major medical coverage, for the Employee, as described in the “DG Medical Options” schedule, a copy of which has been provided to the Employee, which schedule may be modified from time to time in the discretion of the Corporation. The Corporation shall be obligated to bear the expenses of the coverage contemplated by the previous sentence, to the extent provided in such schedule.
