PHYSICIAN BENEFITS Clause Samples

The PHYSICIAN BENEFITS clause defines the compensation and additional perks provided to a physician under an employment or service agreement. This typically includes details about salary, bonuses, health insurance, retirement plans, paid time off, and other benefits such as continuing education allowances or malpractice insurance coverage. By clearly outlining the benefits package, this clause ensures both parties understand the full scope of compensation, helping to prevent misunderstandings and supporting physician recruitment and retention.
PHYSICIAN BENEFITS. This section of your Certificate explains what your benefits are when you receive care from a Physician. Remember, to receive benefits for Covered Services, they must be performed by or ordered by your Primary Care Physician or Woman's Principal Health Care Provider. In addition, only services performed by Physicians are eligible for benefits unless another Provider, for example, a Dentist, is specifically mentioned in the description of the service. Whenever we use “you” or “your” in describing your benefits, we mean all eligible family members who are covered under Family Coverage. Your coverage includes benefits for the following Covered Services:
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PHYSICIAN BENEFITS. This section of your Certificate explains what your benefits are when you receive care from a Physician. Remember, to receive benefits for Covered Services, (except for the treatment of Mental Illness other than Serious Mental Illness), they must be performed by or ordered by your Primary Care Physician or Woman's Principal Health Care Pro­ vider. In addition, only services performed by Physicians are eligible for benefits unless another Provider, for example, a Dentist, is specifically mentioned in the description of the service. Whenever we use “you” or “your” in describing your benefits, we mean all eligi­ ble family members who are covered under Family Coverage. Your coverage includes benefits for the following Covered Services: However, benefits for oral Surgery are limited to the following services:
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PHYSICIAN BENEFITS. (a) In each Fiscal Year from April 1, 2006 to March 31, 2012, the Government will provide to the Physician Health Program the sum of $600,000, provided that in each such Fiscal Year the BCMA and the College of Physicians and Surgeons of British Columbia, together, contribute an equal amount. (b) The Government will increase the combined existing funding levels (as set out in Articles 7.1 through 7.4 of the 2004 Working Agreement) for the Physician Disability Insurance Program, the Continuing Medical Education Fund, the Canadian Medical Protective Association Rebate Program and the CPRSP by a total of $1.3 million in the Fiscal Year commencing on April 1, 2006, an additional total of $1.44 million in the Fiscal Year commencing on April 1, 2007, an additional total of $1.5 million in the Fiscal Year commencing on April 1, 2008 and an additional total of $1.75 million in the Fiscal Year commencing on April 1, 2009. These funds will be applied toward maintaining the value of the benefits paid to individual physicians under these benefit programs at the levels in existence at the end of the Fiscal Year commencing on April 1, 2005, subject to the rules, guidelines and/or policies applicable to each of these benefit programs.‌ (c) If in any year there are surplus funds in any of the benefit programs referred to in section 5.2(b), such surplus funds will be added to the available funding for the Maternity Leave Program. (d) The Government will provide additional funding as necessary in each of the two Fiscal Years commencing on April 1, 2010 and April 1, 2011 to maintain, but not increase, the value of the benefits paid to individual physicians under the Physician Disability Insurance Program, the Continuing Medical Education Fund and the Canadian Medical Protective Association Rebate Program at the levels in existence at the end of the Fiscal Year commencing on April 1, 2009, subject to the rules, guidelines and/or policies applicable to each of these benefit programs. The funding obligation under this section ends on March 31, 2012. (e) Effective April 1, 2010, the Government will increase the annual CPRSP funding by $10 million, and the funding level established by such increase shall continue for each of the fiscal years commencing April 1, 2010 and April 1, 2011. Such increase shall be allocated by the CPRSP Administrative Committee, or its successor committee, to enhance the value of the CPRSP in ways that will encourage physicians to remain in practice longe...
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Related to PHYSICIAN BENEFITS

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Separation Benefits If this Agreement is terminated either by the Company without Cause in accordance with Section 6(c) (including the Company’s non-renewal of this Agreement) or by Employee resigning his employment for Good Reason in accordance with Section 6(d), the Company shall have no further obligation to Employee under this Agreement, except the Company shall provide the Accrued Obligations to Employee in accordance with Section 7(a) plus the following payments and benefits (collectively, the “Separation Benefits”) to Employee: (i) an amount equal to one times the sum of the Base Salary in effect immediately before the Termination Date plus the Annual Bonus received by Employee for the fiscal year preceding the Termination Date (or if Employee was employed for less than one full fiscal year prior to the Termination Date, the Annual Bonus for purposes of this Section 7 shall be the Annual Bonus payable during the current fiscal year at the target amount provided above) (together, the “Separation Pay”); and (ii) during the six-month period commencing on the Termination Date that Employee is eligible to elect and elects to continue coverage for himself and his eligible dependents under the Company’s group heath insurance plan pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), or similar state law, the Company shall reimburse Employee on a monthly basis for the difference between the amount Employee pays to effect and continue such coverage under COBRA and the employee contribution amount that active employees of the Company pay for the same or similar coverage; provided, however, that Employee shall notify the Company in writing within five days after he becomes eligible after the Termination Date for group health insurance coverage, if any, through subsequent employment or otherwise and the Company shall have no further reimbursement obligation after Employee becomes eligible for group health insurance coverage due to subsequent employment or otherwise. The Separation Pay shall be paid to Employee in a lump sum within 60 days of the Termination Date; provided, however, that no Separation Pay shall be paid to Employee unless the Company receives, on or within 55 days after the Termination Date, an executed and fully effective copy of the Release (as defined below). Any COBRA reimbursements due under this Section shall be made by the last day of the month following the month in which the applicable premiums were paid by Employee. For the avoidance of doubt, Employee shall not be entitled to the Separation Benefits if this Agreement is terminated (i) due to Employee’s death; (ii) by the Company due to Employee’s Inability to Perform; (iii) by the Company for Cause; (iv) by Employee without Good Reason; or (v) by non-renewal by Employee in accordance with Sections 4(b) and 6(f).