Medical and Disability Insurance. Subject to Executive taking and passing the physical examination required by the Company's insurance carrier, the Company shall provide Executive with full medical and disability insurance coverage provided to other officers of the Company.
Medical and Disability Insurance. The Company shall provide Executive with the same medical, dental and disability insurance coverage provided to other officers of the Company.
Medical and Disability Insurance. Company shall also cover Executive with full medical, short term and long-term disability insurance policies, paid by Company through Company’s PEO (TriNet).
Medical and Disability Insurance. The Company shall provide Employee and his family with insurance coverage and/or cost reimbursement benefits which provide for 100% of the health, medical, hospitalization, prescription drug and dental costs and expenses incurred by or on behalf of Employee and his Family, whether through existing insurance and/or reimbursement plans covering the Company's employees or through special plans relating specifically to Employee, or a combination thereof. For purposes of this Agreement, the Employee's "Family" shall include his spouse, as well as his children until such time that his children are no longer eligible for coverage under the health insurance plans covering the Company's employees or until they become covered under a policy or plan provided by their employer which provides substantially similar coverage and benefits. The Company shall also take the necessary action to (a) include Employee under a Company sponsored disability plan for executives, (b) acquire a specific disability insurance policy for Employee and/or (c) assist Employee in acquiring or paying for a disability plan or insurance policy, which action results in Employee having coverage providing total disability income benefits of at least 50% of Employee's Basic Salary which benefits will be payable if Employee became disabled until he attains age 65. If only a portion of the disability income benefits described above can be provided by insurance policies or plans, the company shall have the obligation to provide the remaining portion.
Medical and Disability Insurance. The Company shall provide Employee and his family with insurance coverage and/or cost reimbursement benefits which provide for 100% of the health, medical, hospitalization, prescription drug and dental costs and expenses incurred by or on behalf of Employee and his Family, whether through existing insurance and/or reimbursement plans covering the Company’s employees or through special plans relating specifically to Employee, or a combination thereof. For purposes of this Agreement, the Employee’s “Family” shall include his spouse, as well as his children and step children until such time that his children and step children are no longer eligible for coverage under the health insurance plans covering the Company’s employees or until they become covered under a policy or plan provided by their employer which provides substantially similar coverage and benefits. The Company shall also take the necessary action to (a) include Employee under a Company sponsored disability plan for executives, (b) acquire a specific disability insurance policy for Employee and/or (c) assist Employee in acquiring or paying for a disability plan or insurance policy, which action results in Employee having coverage providing total disability income benefits of at least 50% of Employee’s Basic Salary which benefits will be payable if Employee became disabled until he attains age 65. If only a portion of the disability income benefits described above can be provided by insurance policies or plans, the company shall have the obligation to provide the remaining portion.
Medical and Disability Insurance. The Company shall provide Employee and his family with insurance coverage and/or cost reimbursement benefits which provide for 100% of the health, medical, hospitalization, prescription drug and dental costs and expenses incurred by or on behalf of Employee and his Family, whether through existing insurance and/or reimbursement plans covering the Company’s employees or if only a portion of the benefit coverage described above can be provided through such existing insurance and/or reimbursement plans, the Company shall have the obligation to provide the remaining portion through special plans relating specifically to Employee, including plans requiring the Company to provide all or part of the remaining portion. To the extent provision of such insurance coverage or cost reimbursement benefits during the Term of this Agreement are taxable to Employee, the provision of such in-kind benefits during a calendar year shall not affect the in-kind benefits to be provided in any other calendar year, unless the insurance coverage or cost reimbursement benefits provide for a limit on the amount of expenses that may be reimbursed under such arrangement over some or all of the period in which such arrangement remains in effect. To the extent the Company directly provides to Employee any cost reimbursement benefits, payment of such benefits shall be made on or before the last day of the calendar year following the calendar year in which such costs are incurred. For purposes of this Agreement, Employee’s “Family” shall include his spouse, as well as his children and step children until such time that his children and step children are no longer eligible for coverage under the health insurance plans covering the Company’s employees or until they become covered under a policy or plan provided by their employer which provides substantially similar coverage and benefits. The Company shall also take the necessary action to (a) include Employee under a Company sponsored disability plan for executives, (b) acquire a specific disability insurance policy for Employee and/or (c) assist Employee in acquiring or paying for a disability plan or insurance policy, which action results in Employee having coverage providing total disability income benefits of at least 50% of Employee’s Basic Salary which benefits will be payable if Employee became disabled until the expiration of the Term of this Agreement. To the extent the Company provides such disability insurance coverage during the T...
Medical and Disability Insurance. Dental Coverage. The Township will provide those employees who are included within the terms of this Agreement with a dental insurance program.
Medical and Disability Insurance. Insurance Provision. The Township may change its insurance program on a Township-wide basis during the term of this Agreement so long as its new program provides employees with comparable levels of benefits. When employment is interrupted by layoff, discharge, quit, leave of absence lasting more than thirty (30) calendar days, or any other reason, all insurance coverage terminates on the day of separation or on the 30th day of a leave of absence. Upon such termination, employees will be furnished with written notification of the date that insurance coverage will expire and be given all other pertinent information to enable them to carry the insurance at their own expense if they so desire. E*
Medical and Disability Insurance. As a condition of continued receipt of benefits, the TownShip, at is own expense, may require the employee to submit to a physical examination in order to verify the employee's ability to return to full time work without limitations or restrictions •. Should the Township be obligated to contribute to a governmentall¥ sponsored insurance program, national or otherwise, wh1ch duplicates the benefits provided by the Township under insurance policies currently in effect, it is the intent that the Township not be obligated to provide double coverage and to escape such double payments, the Township will be permitted to cancel benefits or policies which duplicate, in whole or part, compulsory governmentally sponsored programs.
Medical and Disability Insurance. Each bargaining unit employee covered under this labor contract shall allow and have deducted from each paycheck a sum equal to ten dollars ($10.00) per week to be placed into a separate and identifiable account and shall be used solely for the purpose of offsetting health insurance costs, or future ~remium rate increases, incurred by the township and/or retiree ~n providing health insurance benefits for bargaining unit employees covered hereunder. It is the intent of this provision that monies so accumulated shall first be applied to offset increased health insurance costs by retirees under this plan. Said account shall be administered by the Xxxxxx Charter Township Controller's office and shall be subject to all normal audits. In the event a fire fighter leaves employment ( other than being discharged for just cause ) prior to said fire fighter being eligible for benefits under this plan, or voluntarily forfeiting all rights to participate under this plan, said fire fighter shall be entitled to the return of his/her contributions made under this section.