Common use of Retiree Medical Program Clause in Contracts

Retiree Medical Program. “Medical Premium Subsidy” for Eligible Post-2016 Retirees Hired on or Before December 31, 2020. At age sixty-five (65) or older, or Medicare eligibility if earlier, an eligible retiree shall receive a Medical Premium Subsidy toward the monthly premium of the Xxxxxx Permanente Senior Advantage plan (KPSA plan) where the retiree resides, or as further described in the “Medical Premium Subsidy” rules below. These Xxxxxx Permanente Senior Advantage plans (KPSA) are offered to individuals in the communities we serve, and have the same premiums, deductibles, copayments and out-of- pocket maximums as the commercially available basic Senior Advantage Medicare plans in the covered location. The Medical Premium Subsidy for 2017 for a KPSA plan shall be the following for an eligible retiree who retired from a position in the applicable region: » $186 per month for a Northern California retiree; » $106 per month for a Southern California retiree; » $80 per month for a Colorado retiree; » $33 per month for a Northwest retiree; » $33 per month for a Georgia retiree; » $33 per month for a Hawaii retiree; and » $33 per month for a Mid-Atlantic retiree. Starting in 2018, the Medical Premium Subsidy for each region shall increase by 3% on January 1 of each year. The Medical Premium Subsidy for an eligible spouse or domestic partner shall be equal to the retiree’s Medical Premium Subsidy. The Medical Premium Subsidy for a spouse or eligible domestic partner will not apply until the retiree commences the Medical Premium Subsidy. If the retiree’s eligible dependent is not yet Medicare eligible when the retiree commences the Medical Premium Subsidy, the dependent coverage shall be the same as the retiree medical benefit applicable to pre-Medicare dependents of pre-2017 retirees. That pre-Medicare dependent coverage ends when the dependent becomes eligible for Medicare.

Appears in 5 contracts

Samples: National Agreement, National Agreement, National Agreement

AutoNDA by SimpleDocs

Retiree Medical Program. “Medical Premium Subsidy” for Eligible Post-2016 Retirees Hired on or Before December 31, 2020. At age sixty-five (65) or older, or Medicare eligibility if earlier, an eligible retiree shall receive a Medical Premium Subsidy toward the monthly premium of the Xxxxxx Permanente Senior Advantage plan (KPSA plan) where the retiree resides, or as further described in the “Medical Premium Subsidy” rules below. These Xxxxxx Permanente Senior Advantage plans (KPSA) are offered to individuals in the communities we serve, and have the same premiums, deductibles, copayments and out-of- pocket maximums as the commercially available basic Senior Advantage Medicare plans in the covered location. The Medical Premium Subsidy for 2017 for a KPSA plan shall be the following for an eligible retiree who retired from a position in the applicable region: 72 | 2021 NATIONAL AGREEMENT Note: This contract is complete with the exception of the UFCW Local 3000 pension language. The table of contents, pagination, and indexing may change once the UFCW Local 3000 pension language is resolved. » $186 per month for a Northern California retiree; » $106 per month for a Southern California retiree; » $80 per month for a Colorado retiree; » $33 per month for a Northwest retiree; » $33 per month for a Georgia retiree; » $33 per month for a Hawaii retiree; and » $33 per month for a Mid-Atlantic retiree. Starting in 2018, the Medical Premium Subsidy for each region shall increase by 3% on January 1 of each year. The Medical Premium Subsidy for an eligible spouse or domestic partner shall be equal to the retiree’s Medical Premium Subsidy. The Medical Premium Subsidy for a spouse or eligible domestic partner will not apply until the retiree commences the Medical Premium Subsidy. If the retiree’s eligible dependent is not yet Medicare eligible when the retiree commences the Medical Premium Subsidy, the dependent coverage shall be the same as the retiree medical benefit applicable to pre-Medicare dependents of pre-2017 retirees. That pre-Medicare dependent coverage ends when the dependent becomes eligible for Medicare.

Appears in 1 contract

Samples: National Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.