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Medical Insurance Premium Contributions Sample Clauses

Medical Insurance Premium Contributions. A) Employees are eligible to group medical insurance on the 1 s t of the month following completion of six months of continuous employment with the Company. The Company's contribution towards an employee's medical premium shall be as follows: B) The Company will work with the Union to develop an alternative health insurance plan.
Sample 1
Medical Insurance Premium Contributions. Employees occupying permanent part-time positions, who work a niinimum of twenty (20), but less than forty (40) hours per week, and their dependents shall be entitled to participate in the County-sponsored health plans. Permanent part-time employees hired on or before January 1,2002 shall continue to receive the same County contribution to their health insurance premiums as full-time employees. However, permanent part-time employees hired after January 1,2002 shall pay a proportionate share of the gross monthly premium rounding to the nearest one- quarter time: i.e., either fifty percent (50%) or seventy-five percent (75%) of the gross monthly premium. In either case cited above, the County contribution shall be based on the full-time equivalent designation of the position on the Schedule of Authorized Positions adopted by the Board of Supervisors, not on the specific number of hours worked. In recognition of the new premiums announced by CalPERS that take effect on January 1,2009, the County shall continue its maximum monthly contribution toward the premium of each eligible employee enrolled in a County offered health plan to the following levels beginning with the December 2008 payroll: *PERS Choice will be selected as the CalPERS-sponsored health plan to be used in calculating employer contributions for health insurance premiums for County employees. Premiums for other plans vary; however, the maximum County contribution amount is fixed. Employees are responsible for paying the difference in premiums between the County contribution amount and the gross monthly premium for the plan they have selected. Employees should contact the Human Resources Division for information regarding available health plans, including details of coverage, enrollment forms, and premium costs. The employee shall be required to pay the balance due as a deduction from the employee's paycheck. Each time CalPERS effects any health insurance premium increases during the contract period after January 1,2009, the County will adjust its contribution to employee health plan premiums as follows: • First, the County will contribute an additional amount equal to the increase in the gross monthly premium for employee-only coverage for the PERS Choice Health Plan and apply this amount to all three tiers of coverage for all health plans. Second, the County and the employee will share equally any remaining increase in premiums. PERS CHOICE HEALTH PLAN PREMIUMS FOR 2009 GROSS PREMIUM COUNTY CON...
Sample 1
Medical Insurance Premium Contributions. Employees occupying permanent part-time positions, who work a minimum of twenty (20), but less than forty (40) hours per week, and their dependents shall be entitled to participate in the County-sponsored health plans. Permanent part-time employees hired on or before January 1, 2002 shall continue to receive the same County contribution to their health insurance premiums as full-time employees. However, permanent part-time employees hired after January 1, 2002 shall pay a proportionate share of the gross monthly premium rounding to the nearest one-quarter time: i.e., either fifty percent (50%) or seventy-five percent (75%) of the gross monthly premium. In either case cited above, the County contribution shall be based on the full-time equivalent designation of the position on the Schedule of Authorized Positions adopted by the Board of Supervisors, not on the specific number of hours worked. In recognition of the new premiums announced by PERS that take effect on January 1, 2008, the County shall increase its maximum monthly contribution toward the premium of each eligible employee enrolled in a County-sponsored health plan to the following levels beginning with the December 2007 payroll: • Employee Only $482.48 • Employee and One Dependent $790.88 • Employee and Family $912.68 PER S CHOICE* Monthly Gros s Premium County Contrib. Amount Employee Contrib. Amount • Employee Only $482.48 $482.48 $0 • Employee and One Dependent $964.96 $790.88 $174.08 • Employee and Family $1254.45 $912.68 $341.77 * PERS Choice is the lowest cost PERS-sponsored health plan as of January 1, 2008. Premiums for other plans vary; however, the maximum County contribution amount is fixed. Employees are responsible for paying the difference in premiums between the County contribution amount and the gross monthly premium for the plan they have selected. Employees should contact the Human Resources Department for information regarding available health plans, including details of coverage, enrollment forms, and premium costs. The employee shall be required to pay the balance due as a deduction from the employee's paycheck. The County will continue to pay 100% of the gross monthly premium for the lowest cost health plan offered by PERS for the term of this Agreement. Each time PERS effects any premium increases during the contract period after January 1, 2008, the County will increase its contribution to employee health plan premiums as follows: • First, the County will contribute an add...
Sample 1

Related to Medical Insurance Premium Contributions

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • Medical Insurance The Company shall provide to Executive, Executive's spouse and children, at its sole cost, such health, dental and optical insurance as the Company may from time to time make available to its other executive employees.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • Group Insurance The Employer will continue to participate with employees in the provision of group life and medical plans as exist at the coming into force of this Agreement unless amended by mutual consent. The Employer agrees to pay 65% of the total premium cost for all employees covered by the health and dental care plans attached hereto and forming part of this Agreement.

  • Group Insurance Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be paid or unpaid leave of absence contact the school district Employee Benefits Department.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • HEALTH AND INSURANCE BENEFITS 22.01 All health and insurance benefit premium costs paid by the Employer shall prorate in accordance with the proration formula under Article 22.12 of this Agreement. Same sex spouse is eligible to be a dependent for insured benefits.

  • COMPENSATION COVERAGE Workers’ Compensation insurance for all of its employees in an amount and with coverage to meet all requirements of the laws of the State of Florida.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

Most Referenced Clauses

Most Referenced Definitions