Medical Insurance Program Sample Clauses

Medical Insurance Program. 1. Effective January 1, 2008, the BOARD shall provide a High Deductible Health Plan (HDHP) with the following provisions. Network Out-of-Network Deductible Single $2,000 $2,000 Employee+Spouse $4,000 $4,000 Employee+Children $4,000 $4,000 Family $4,000 $4,000 Out-of-Pocket Maximum Single $2,000 $4,000 Employee+Spouse $4,000 $8,000 Employee+Children $4,000 $8,000 Family $4,000 $8,000 Coinsurance None 30% employee paid Deductibles for the HDHP shall be no less than the IRS minimum. Eligible health care expenses apply toward the deductibles and the out-of-pocket maximum including prescription drugs. 2. Effective January 1, 2008, a Health Savings Account (HSA) shall be available for each Teaching Staff Member who is a part of the HDHP. The BOARD shall determine the custodian for the HSA. Any contribution by the Teaching Staff Member to her/his HSA up to the maximum limits provided by law may, at the member's discretion, be made either by payroll deduction or in a lump-sum payment. The HSA shall be maintained by the individual member for her/his exclusive benefit and that of her/his beneficiaries. Distributions of funds from this HSA may be made at any time upon the discretion of the member. The member is responsible for substantiating the distribution for qualified medical expenses. 3. For Teaching Staff Members who are less than 65 years of age, the BOARD will contribute to each participating members' HSA account, an amount equal to eighty-five percent (85%) of the annual in-network deductible amount applicable to that member's insurance plan (single or family). Members may make additional contributions consistent with IRS regulations by payroll deduction. BOARD contributions to fully fund the HSA accounts at their maximum deduction levels will be made in January of each year. Teaching Staff Members hired after January 1 shall receive a pro-rated BOARD contribution based on the number of months in District employment during the initial year.
Medical Insurance Program. The City currently provides for the CalPERS medical insurance program. For full- time regular employees, the City shall contribute toward the employee’s health premium based on employees’ coverage eligibility as follows: One Party Coverage: $ 733.39 Two Party Coverage: $1,466.78 Family Coverage: $1,906.81 *These rates are effective following the Association and the City and notification and approval by CalPERS Health but no sooner than April 1, 2018. Effective January 1, 2018, the City contribution towards employee health care premiums will be up to the 2017 CalPERS Kaiser rates for one-party, two-party and family coverage. Effective January 1, 2019, the City contribution towards employee health care will be the 2018 CalPERS Kaiser rates for one-party, two- party and family coverage. For part-time regular employees working at least 20 hours per week, the City will make a pro-rated premium contribution based on the percentage of hours regularly scheduled to work in relation to full-time. The pro-rated premium is based on the contribution maximum for regular full-time employees.
Medical Insurance Program. The City currently provides for the CalPERS medical insurance program. For full- time regular employees, the City shall contribute toward the employee’s health premium based on employees’ coverage eligibility as follows: One Party Coverage: $ 913.74 Two Party Coverage: $1,827.48 Family Coverage: $2,375.72 The City contribution towards employee health care premiums will be up to the 2022 CalPERS Kaiser rates for one-party, two-party and family coverage. Effective January 1, 2024, the City contribution towards employee health care will be the 2023 CalPERS Kaiser rates for one-party, two- party and family coverage. Effective January 1, 2025, the City contribution towards employee health care will be the 2024 CalPERS Kaiser rates for one-party, two- party and family coverage. For part-time regular employees working at least 20 hours per week, the City will make a pro-rated premium contribution based on the percentage of hours regularly scheduled to work in relation to full-time. The pro-rated premium is based on the contribution maximum for regular full-time employees.
Medical Insurance Program. Product Benefit REQUESTING PARTY IMMEDIATE SUPERVISOR THOSE PRESENT AT MEETING:
Medical Insurance Program. 3.1 The benefits provided by the Group Medical and Dental Programs in accordance with the Memorandums of Agreement on this subject and agreed upon on the date of signing this Agreement will be effective July 1, 2006, for active employees who elect to participate in these Plans. The selection of the insurance carrier, the establishment of all terms and conditions relating thereto, shall rest within the sole discretion of the Company. The benefits provided by these programs will not be discontinued or amended without the agreement of the Company and the Union.

Related to Medical Insurance Program

  • 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.

  • 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.

  • Optical Insurance 1. The Board shall provide Group I employees a vision plan comparable to the VSP 3 plan. 2. The Board shall provide Group II employees a vision plan comparable to the VSP 1 plan.

  • Insurance Programs 35.1 Fringe Benefits a. The Board agrees to provide the: Individual core plan premium on behalf of each regular full time employee Part-time regular employees may receive pro-rated insurance benefits if eligible by the carrier. b. When an employee and legally recognized spouse are both employed by the district and are eligible for the school district group plan, the district shall, at the employees' option, combine the district's insurance contribution toward the family plan.

  • Insurance Program An eligible employee may waive rights to participate in either single or family coverage. If an employee waives this benefit, such employee may not revoke the waiver until the next open enrollment period and may be accepted only after medical review by the insurance provider.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.

  • Health Insurance The Couple agrees that: (check one)

  • INDUSTRIAL INSURANCE It is understood and agreed that there shall be no Industrial Insurance coverage provided for Contractor or any Sub-Contractor of the Contractor by the City. Contractor agrees, as a precondition to the performance of any work under this Agreement and as a precondition to any obligation of the City to make any payment under this Agreement to provide City with a certificate issued by an insurer in accordance with NRS 616B.627 and with a certificate of an insurer showing coverage pursuant to NRS 617.210. It is further understood and agreed by and between City and Contractor that Contractor shall procure, pay for, and maintain the above mentioned industrial insurance coverage at Contractor's sole cost and expense. Should Contractor be self-funded for Industrial Insurance, Contractor shall so notify City in writing prior to the signing of this Contract. City reserves the right to approve said retentions, and may request additional documentation, financial or otherwise, for review prior to the signing of this Contract. CONTRACTOR shall maintain coverages and limits no less than:

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