Medical Insurance Plan and Options Sample Clauses

Medical Insurance Plan and Options. South Xxxxxxxxxx Community School Corporation is a member of the WV/WCI School Trust with the Corporation contributing 80% of the least expensive single health insurance plan upon approval, $7,005 for those who choose a family plan and $8,097 for a family plan with both spouses working in the district during the plan year. Each teacher may choose to accept one (1) of the following insurance options effective September 1 of each year. Option 1 The group health family coverage, the group dental coverage, the $50,000 term life insurance coverage with the school corporation paying $7,005 of the total annual cost and the individual paying the remainder. Family plan shall be: 1. employee, spouse and children 2. employee and children 3. employee and spouse Option 2 The group health single coverage, the group single dental coverage, the $50,000 term life insurance coverage, including dependent coverage with the school corporation paying up to 80% of the least expensive single health insurance plan offered through WV/WCI school trust, of the total cost. Each person shall pay a minimum of $1.00 per year toward the cost of the insurance program.
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Medical Insurance Plan and Options. South Xxxxxxxxxx Community School Corporation is a member of the WV/WCI School Trust with the Corporation contributing a minimum 80% of the least expensive single health insurance plan upon approval per the Trust current bylaws. Here are the Options and Costs available: All qualifying employees who chose to participate in the insurance plan, must enroll during the first 30 days of hire, during open enrollment (August 15- September 15 typically each year), or a HIPPA qualifying event. The employee may choose to enroll in a Family Plan or a Single Plan. A family plan includes employee + spouse; employee + spouse + children; and employee + children. If you qualify for health insurance and do not wish to participate in the medical insurance the corporation will cover the cost of a dental and/or vision insurance plan for the employee and family for the employee cost of $1 per year if enrollment requirements met. The school corporation will cover the cost of a $50,000 term life insurance policy with or without enrollment in the medical insurance if the employee meets all qualifications to enroll. If the employee does not complete the enrollment online during new hire enrollment, then additional steps will need to be taken to ask permission to enroll in the life insurance. The employee also may voluntarily enroll in the Long-Term Disability (LTD) plan offered through the health insurance platform is this is waived at the time of new hire enrollment then the employee will no longer qualify for this benefit through WV/WCI Health Trust. The cost of LTD is determined by salary and will be a payroll deduction. We offer three health insurance plans: Plan #6, Plan #7, and Plan #8

Related to Medical Insurance Plan and Options

  • Dental Insurance The State agrees to pay one hundred percent (100%) of the employee premium of a dental insurance program for full-time employees. The benefit levels of this program shall provide one hundred percent (100%) coverage for preventive care and eighty percent (80%) coverage for general service care. The State agrees to provide payroll deduction for dental insurance, provided such arrangements are agreed to by the insurance carrier. Dependent coverage will be available provided there is sufficient employee participation in the dental insurance program. Dependent coverage will be at the employees' expense.

  • General Insurance Provisions (a) Prior to the expiration dates of the expiring policies, or within 30 days of renewal, certificates of the policies provided for in this Article shall be delivered by the Company to the Trustee. All policies of such insurance and all renewals thereof shall name the Company as insured and the Issuer and the Trustee as additional insureds and loss payees as their respective interests may appear, shall contain a provision that such insurance may not be canceled or amended by the issuer thereof without at least 10 days’ written notice to the Issuer, the Company and the Trustee and shall be payable to the Issuer, the Company and the Trustee as their respective interests appear. The Issuer and the Company each hereby agree to do anything necessary, be it the endorsement of checks or otherwise, to cause any such payment to be made to the Trustee, as long as such payment is required by this Lease to be made to the Trustee. Any charges made by the Trustee for its services shall be paid by the Company. (b) Each policy of insurance hereinabove referred to shall be issued by an insurance company qualified under the laws of the State to assume the risks covered therein. (c) A Certificate of Insurance Compliance, evidencing the insurance coverage herein required shall be filed with the Trustee annually during the term of this Lease, or immediately upon the change or transfer of such insurance coverage. The Trustee may conclusively rely on the Certificate of Insurance Compliance and shall not be required to undertake any investigation with respect thereto. (d) Each policy of insurance hereinabove referred to may be subject to a reasonable deductible. (e) Each policy of insurance required herein may be provided through blanket policies maintained by the Company. (f) Anything in this Lease to the contrary notwithstanding, the Company shall be liable to the Issuer and the Trustee pursuant to the provisions of this Lease or otherwise, as to any loss or damage which may have been occasioned by the negligence of the Company, its agents, licensees, contractors, invitees or employees.

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