Other Terms, Conditions, and Definitions Sample Clauses

Other Terms, Conditions, and Definitions. 1. Any retired employee who is eligible for a substantially equal or better health insurance plan, either through subsequent employment or a spouse, shall not be eligible for health insurance provided by the Town. Upon retirement from the Town and continuing health coverage, retirees must annually sign and return to the Personnel Office an affidavit certifying that they do not have a substantially equal or better health insurance plan available to them through a current spouse or employer. In the event the retired employee loses said coverage prior to the completion of the specified duration (above), the Town will place the retiree back on the Town’s health care plan within thirty (30) days of written notice. 2. An employee participating in the retiree healthcare program must pay his/her share quarterly in advance of the coverage period. 3. For purposes of this Article, the following definitions shall apply: Co-pay: The cost to the member for treatment or office visits or other utilization of benefits as provided in the summary. Co-share: The percentage of the premium paid by members receiving healthcare insurance through the Town.
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Related to Other Terms, Conditions, and Definitions

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