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 one year of continuous employment with the Company. Employee contribution for single coverage is $10.00 per month.
Sample 1
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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: * 12/15/06 - 6 months - 1 year employment: $75.00. One (1) year plus: $150.00. * 12/15/07 - $25 per month / per employee increase. * 12/15/08 - $25 per month / per employee increase. * 12/15/08 - 12/14/11 - The Company shall pay 75 % of Health Insurance premium.
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: Maximum Monthly County Contribution AL L HEALTH PLANS Effective 12/07 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 employ...
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. The County will continue to pay 100% of the gross monthlypremiumfor employee coverage under the PERS Choice Health Planfor the term of this Agreement. 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...
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 Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • 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. 6)

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term 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.

  • Medical Insurance for Retirees The University will make available a medical insurance plan for official retirees hired prior to January 1, 2014 in the same manner and on the same basis as applies to all the University’s other official retirees. An official retiree (including early retirees) for purposes of this benefit, will be defined as any regular employee who is employed by the University at the time of retirement, who is vested in a University sponsored retirement plan and whose years of University service and age total a minimum of 75. Coverage for the spouse of the retiree or early retiree is available on the same basis as for other University official retirees. The University retains the right to modify or terminate this plan upon reasonable notice to staff and retirees.

  • ’ Compensation/Employer’s Liability Insurance If Contractor has employees, it shall maintain workers’ compensation insurance as required by law. Employer’s liability limits shall be not less than $1,000,000 for each accident, $1,000,000 as the aggregate disease policy limit, and $1,000,000 as the disease limit for each employee. If Contractor does not have employees, it shall provide a letter, on company letterhead, to the Judicial Council certifying, under penalty of perjury, that it does not have employees. Upon the Judicial Council’s receipt of the letter, Contractor shall not be required to maintain workers’ compensation insurance.

  • 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.

  • Contribution Formula Health Coverage a. Faculty Member Coverage. For faculty member health coverage for the 2018 2022 and 2019 2023 plan years, the Employer contributes an amount equal to ninety-five percent (95%) of the employee- only premium of the Minnesota Advantage Health Plan (Advantage).

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