OHIP Eligibility - Definitions Sample Clauses

OHIP Eligibility - Definitions. (1) Family Premium The family premiums covers married employees who elect for family premium coverage or one parent who is supporting a family. The family premium covers both spouses and children under the age of 21 years who are unmarried, not employed, and dependent for support upon the insured person. This includes an adopted child or one to whom the insured person stands in the position of a parent and for whom claim can be made for deduction of income tax purposes. Also eligible as dependents are children aged 21 and over who are financially dependent upon the insured person because of physical or mental infirmity, provided each such child was financially dependent upon that person prior to the age of 21 years. The family premium does not cover dependent fathers, mothers, aunts, uncles, grandparents, etc. (2) Single Premiums The single premium covers single employees of the Board. (a) The Board shall administer a Group Life Insurance Plan and shall assume responsibility for one hundred per cent (100%) of the monthly premium on the first fifty thousand dollars ($50,000) of coverage. (b) Additional supplementary coverage, over and above the first fifty thousand dollars ($50,000) to a maximum of twice (2x) salary or one hundred and fifty thousand dollars ($150,000), shall be available to all eligible employees at no cost to the Board. Participation in the base policy of fifty thousand dollars ($50,000) will be compulsory for all employees.
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OHIP Eligibility - Definitions. (1) Family Premium The family premiums covers married employees who elect for family premium coverage or one parent who is supporting a family. The family premium covers both spouses and children under the age of 21 years who are unmarried, not employed, and dependent for support upon the insured person. This includes an adopted child or one to whom the insured person stands in the position of a parent and for whom claim can be made for deduction of income tax purposes. Also eligible as dependents are children aged 21 and over who are financially dependent upon the insured person because of physical or mental infirmity, provided each such child was financially dependent upon that person prior to the age of 21 years. The family premium does not cover dependent fathers, mothers, aunts, uncles, grandparents, etc. (2) Single Premiums The single premium covers single employees of the Board. (a) The Board shall administer a Group Life Insurance Plan and shall assume responsibility for one hundred per cent (100%) of the monthly premium on the first fifty thousand dollars ($50,000) of coverage. (b) Additional supplementary coverage, over and above the first fifty thousand dollars ($50,000) to a maximum of twice (2x) salary or one hundred and fifty thousand dollars ($150,000), whichever is less, shall be available to all eligible employees at no cost to the Board. Participation in the base policy of fifty thousand dollars ($50,000) will be compulsory for all employees. (c) Additional optional coverage shall be available to a maximum of one hundred thousand dollars ($100,000), to all eligible employees at no cost to the Board. (d) The Board will administer an Accidental Death and Dismemberment Plan. The Board will assume responsibility for one hundred per cent (100%) of the monthly premium on the compulsory base plan of fifty thousand dollars ($50,000). (e) Additional Accidental Death and Dismemberment Insurance, to an amount equal to the supplementary coverage over and above the basic fifty thousand dollars ($50,000), will be available to all eligible employees at no cost to the Board. (f) Dependent Life Insurance Coverage is available to all eligible employees, at no cost to the Board, in the amount of ten thousand ($10,000) in the event of the death of the spouse of the insured employee and ten thousand dollars ($10,000) per child in the event of death.
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