Common use of Medical and Group Insurance Clause in Contracts

Medical and Group Insurance. The Union recognizes the benefits contained in the CTV Ltd. Employee Benefit Plan (Policy #97472) as follows: The following outlines the premium cost sharing formula for each benefit under the Group Plan: Benefit Premium Cost Sharing Employer Employee Basic Life 80% 20% Basic AD&D 80% 20% Dependent Life 80% 20% LTD/Critical Illness 100% Extended Health 80% 20% Vision 80% 20% Dental 80% 20% Sick Leave (STD) 100% Employee Assistance Program 100% Business Travel Accident 100% The Health Benefit Plan covers employees if single coverage is selected and employee, spouse and children if family coverage is selected. If an employee has coverage through a spouse, dental, vision and health care benefits may be waived upon proof of coverage. The Company shall have the benefit provider issue Drug Cards to all employees which enables the employee to fill prescriptions under the benefit plan with payment of 10% for generics and 25% for name brand drugs. Drugs that do not have a generic product will be reimbursed at the full 90%. An employee who is incapacitated for duty through illness shall be paid for the time off from work for such illness or accident for up to 182 days. Should such illness or accident exceed this 182 day period the employee must apply before the expiry period for Long Term Disability Benefits. Sick leave with pay may not apply to an employee during the first three (3) months of employment.