Option 3 Plans Sample Clauses

Option 3 Plans. The District shall offer the Option 3 Plan to Bargaining Unit Members. Medical The Option 3 medical plan is the PC 320 Plan. Members are eligible for a physical once per calendar year unless otherwise prohibited by law. Prescription The prescription plan for Bargaining Unit Members shall consist of $15 generic, $30 brand preferred formulary, $45 brand non-preferred formulary and $100 specialty drug; 30-day supply for (1) co-payment; two (2) co-payments for 3-month supply if mail ordered. Mandatory mail order after three (3) 30-day fills at retail, all maintenance drugs must be filled by mail order. Each mail order fill will be subject to the applicable co-pay for up to a 30-day supply and two co-pays for a 31-90-day supply. The plan shall also include step therapy, prior authorizations, required generic, no out-of-network reimbursement, and a value enhanced network. Dental Insurance The District shall provide a basic dental insurance plan to Bargaining Unit Members. Payments for services will be at prevailing fees established by the insurer. Benefits will be limited to 100% for preventative care, 80% for basic care, and 50% for major services, with a maximum of $1,000 per year per eligible family member of a Bargaining Unit Member. Members are eligible for two (2) cleanings per calendar year unless otherwise prohibited by law. Prosthodontics (replacement of missing teeth) will not be covered under the terms of this Agreement. Orthodontia will not be covered under the terms of this Agreement. The District shall provide Bargaining Unit Members with the Delta Dental Active PPO Network or comparable plan (non-network provider paid at the Delta PPO participating fee schedule.) Vision Insurance No vision insurance provided.
Sample 1Sample 2
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Option 3 Plans. Effective July 1, 2013, the District shall offer the Option 3 Plan to Bargaining Unit Members.
Sample 1
Option 3 Plans. The District shall offer the Option 3 Plan to Bargaining Unit Members. Medical The Option 3 medical plan is the PC 320 Plan. Prescription The prescription plan for Bargaining Unit Members shall consist of $15 generic, $30 brand preferred formulary, $45 brand non-preferred formulary and $100 specialty drug; 30 day supply for (1) co-payment; two (2) co-payments for 3-month supply if mail ordered. Mandatory mail order after three (3) 30-day fills at retail, all maintenance drugs must be filled by mail order. Each mail order fill will be subject to the applicable co-pay for up to a 30 day supply and two co-pays for a 31-90 day supply. The plan shall also include step therapy, prior authorizations, required generic, no out-of-network reimbursement, and a value enhanced network. Dental Insurance The District shall provide a basic dental insurance plan to Bargaining Unit Members. Payments for services will be at prevailing fees established by the insurer. Benefits will be limited to 100% for preventative care, 80% for basic care, and 50% for major services, with a maximum of $1,000 per year per eligible family member of a Bargaining Unit Member.
Sample 1

Related to Option 3 Plans

  • Option 3 Employees may choose to enroll in a qualified prepaid health maintenance organization (HMO) plan offered by Xxxxxx Permanente that provides comprehensive medical care through a network of participating hospitals, physicians and other health care providers. The employee price tag will be 14% through December 31, 2016 according to the schedule in Appendix B-1, (15% for those hired on or after January 1, 2013); 15% as of January 1, 2017; and 15% as of January 1, 2018 through December 31, 2021. A prescription drug benefit is included with the HMO offered. The co-pay structure through December 31, 2021 shall be as follows: up to 60-day supply - $5 generic; $5 brand; at participating community pharmacy - $15 generic; $15 brand; Mail Order - 90-day supply - $5 generic; $5 brand.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Employee Options There are two (2) options available to an employee who is otherwise eligible for disability insurance benefits which are as follows:

  • Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Benefit Options Employees must elect a plan administrator and primary care clinic. Those elections will determine the Benefit Level through Advantage. Enrolled dependents must elect a primary care clinic that is available through the plan administrator chosen by the employee.

  • Options Unless otherwise mutually agreed among the Parties, the Interconnection Customer shall select the In-Service Date, Initial Synchronization Date, and Commercial Operation Date; and either Standard Option or Alternate Option set forth below for completion of the Participating TO's Interconnection Facilities and Network Upgrades as set forth in Appendix A, Interconnection Facilities, Network Upgrades, and Distribution Upgrades, and such dates and selected option shall be set forth in Appendix B, Milestones.

  • Prior Options No prior options or rights of first refusal have been granted by Seller to any third parties to purchase or lease any interest in the Property, or any part thereof, which are effective as of the execution date.

  • Layoff Options An employee who is issued layoff notice shall elect one (1) of the following options within two (2) calendar weeks:

  • Pay Options 16.1 All wages due shall be paid weekly directly into an employee’s nominated bank account.

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