Medical Insurance Benefits. The City contracts with the California Public Employees’ Retirement System (CalPERS) for the purpose of providing employees and their eligible dependents with medical insurance benefits. The City’s maximum monthly contribution for each eligible active employee shall be equal to the minimum employer contribution required under the Public Employees Medical and Hospital Care Act (PEMHCA).
Medical Insurance Benefits. With respect to any medical insurance benefits provided herein that do not comply with (or are not exempt from) Code Section 409A, to the extent applicable, the Executive shall be deemed to receive from the Company a monthly payment necessary for the Executive to purchase the benefit in question.
Medical Insurance Benefits. Effective January 1, 2020, the City shall provide members of the FOP bargaining unit with coverage under its Anthem Blue Access 80/20 plan as set forth in Appendix C. The premium share shall be 10.0% of premium costs and are capped at $85.00 single and $200.00 family. Premiums will be deducted from paychecks on a pre-taxbasis. New employees shall be eligible for health care coverage on the first day of service and shall have the option to enroll in the City’s 80/20 health care plan. Terms of coverage, premium shares, co-pays, deductibles, and co-insurance shall be as listed in Appendix C-1. The member’s premium share for new employees shall be 10% of the premium costs capped at $85.00 single plan and $200.00 family plan. The City shall notify the Union of any proposed changes in insurance carriers and/or plans and will meet with the Union, if requested, prior to changing insurance carriers or plans. The City may change insurance carriers or plans, as long as a substantially similar plan is offered, with the same level of insurance benefits and co-payments, together with a comparable network of providers. In addition, members of the Police Department will be permitted to participate in the City Flexible Benefit Plan for purposes of establishing medical spending accounts to allow out- of- pocket medical expenses to be reimbursed on a pre-tax basis. Eligibility for membership in a health care plan shall be in effect immediately upon being sworn in as a member of the Cincinnati Police Department. Subject to the requirements of the insurer, the level of insurance benefits and co- payments as set forth in Appendix C, shall be guaranteed for the entire term of this agreement. In accordance with the Patient Protection and Affordable Care Act (ACA), an employee who is in a pay status for less than 1,560 hours during the City’s ACA Measurement Period of Pay Period 22 through the end of the following Pay Period 21, who is also enrolled in a health plan, shall have their coverage terminated as of 11:59pm on December 31st following the end of the Measurement Period. During that time the employee was receiving health benefits while in a non- pay status, the employee’s contributions will accumulate and the amount due will go into arrears to be paid back upon their return to full time status. As soon as the employee returns to full time status the employee may re-enroll in the health plan. This does not happen automatically. The employee must complete enrollment within ...
Medical Insurance Benefits. Company does not provide any medical cover for the employees currently; hence the same is to be managed by you.
Medical Insurance Benefits. Effective January 1, 2009 the City shall provide members of the FOP bargaining unit with coverage under its Anthem Blue Access 80/20 plan as set forth in Appendix C. The premium share shall be 5% of premium costs and are capped at $35 single and $75 family. Premiums will be deducted from paychecks on a pre-tax basis. Effective January 1, 2018, the City shall provide members of the FOP bargaining unit with coverage under its Anthem Blue Access 80/20 plan as set forth in Appendix C. The premium share shall be 10.0% of premium costs and are capped at $70.00 single and $150.00 family. Premiums will be deducted from paychecks on a pre-tax basis.
Medical Insurance Benefits. Company, pursuant to federal and state law, will provide, for a period of eighteen (18) months following the effective date of Employee’s termination (“COBRA Period”), a continuation of the group medical insurance coverage previously provided to Employee and his spouse by Company. Through February 28, 2002, Company will pay the premium for the group medical insurance that it paid during Employee’s employment. After such date, Employee will be required to pay for such benefits for the remainder of the COBRA Period, should Employee elect to continue COBRA coverage.
Medical Insurance Benefits. During the Employment Term, the Company shall maintain hospitalization and medical insurance coverage on Executive and his Spouse as may be provided by the Company for its senior executive employees in accordance with the provisions of any such plans.
Medical Insurance Benefits. A contribution of 73% of a single policy, 41% of a single plus dependent, and 28% of a family policy of the School Group Insurance will be provided by the school district. The valuation may be applied to an alternate medical plan only if the teacher does not qualify for the school group plan based on the group plan’s requirements. The teacher shall pay the difference between the single policy premium and applicable premium if additional insurance coverage is requested. This difference will automatically be deducted from the teacher’s gross salary unless the school board is notified otherwise by the teacher. For the teacher not joining the medical group plan, a taxable cash option $1800 will be provided. All insurance benefit payments can only be made directly to the insurance company. All Medical Insurance benefits are to be pro-rated on the basis of the employee’s full time equivalency. A flexible spending plan is available as a benefit.
Medical Insurance Benefits. During the term of the MOU, the City agrees to contract with the California Public Employees Retirement System (CalPERS) for the purpose of providing employees and their eligible dependents with medical insurance benefits. The City will pay the minimum employer contribution required under PEMHCA for each eligible active employee towards the purchase of medical insurance.
Medical Insurance Benefits. The City agrees to contract with CalPERS for the purpose of providing employees and their eligible dependents with medical insurance benefits. Effective the first day of the month following City Council approval or as soon as administratively possible, the City’s maximum monthly medical contribution for each eligible retiree shall be equal to the minimum employer contribution required for active employees under the Public Employees Medical and Hospital Care Act (PEMHCA).
