Retiree Medical Insurance Program Sample Clauses

Retiree Medical Insurance Program. 1. Contractor will work with the County upon request develop a retiree medical redesign work plan. The work plan will include: a) Statement of objectives for the retiree medical redesign project. b) Evaluation of retiree plan design alternatives for both the health insurance and Retiree Medical insurance programs with respect to the stated objectives. c) Evaluation with the County of funding alternatives for the Retiree Medical Insurance program with respect to the objectives. d) Projections of funding and accounting costs for options being considered, excluding post employment valuation work. 2. Contractor will provide other services for the Retiree Medical Insurance program as requested by the County. 3. Contractor will provide services for Health Reimbursement Arrangement that will include but not be limited to plan design, plan document development and review.
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Retiree Medical Insurance Program. 1. Contractor will work with the County upon request develop a retiree medical redesign work plan. The work plan will include: a) Statement of objectives for the retiree medical redesign project. b) Evaluation of retiree plan design alternatives for both the retiree health insurance and Retiree Medical insurance programs Plan with respect to the stated objectives. c) Evaluation with the County of funding alternatives for the Retiree Medical Insurance program Plan with respect to the objectives. d) Consult with the County’s actuary for the Retiree Medical Plan in the projections of funding and accounting costs for options being considered, excluding post employment valuation work. 2. Contractor will provide other services for the Retiree Medical Insurance program Plan as requested by the County. 3. Contractor will provide services for Health Reimbursement Arrangement that will include but not be limited to plan design, plan document development and review.

Related to Retiree Medical Insurance Program

  • 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.

  • 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.

  • 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.

  • Insurance Plans The Executive is eligible to participate in the life, health, dental, short and long-term disability plans made available to the employees of the Company pursuant to the terms and conditions of such plans.

  • Retiree Insurance Retired employees and their dependents shall be entitled to continued coverage under the district sponsored group health insurance program, provided the retired employee makes written application with the clerk of the board of education for such continued coverage within thirty (30) days following the retirement of the employee. Retired employees electing continued coverage shall be required to make the monthly premium payment for such continued coverage in advance of the due date of the premium to the carrier. The premium amount will be determined by the carrier. Such payment shall be made to the Board of Education or directly to the insurance carrier, as may be determined by the board. The coverage under the group health-care benefits will cease at such time as (1) the retired employee attains eligibility for Medicare, (2) the retired employee fails to make the required premium payments on a timely basis, or (3) the retired employee becomes covered or is eligible to be covered under a group plan of another employer. For purposes of this provision, retired means those employees who have terminated employment and are receiving a retirement or disability benefit from K.P.E.R.S.

  • 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 Plan 19.01 The Employer agrees to contribute the indicated percentage of the premium cost of the following group plans for full-time employees (and their families where applicable) who have completed their probationary period.

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