Supplemental Medical Coverage. A. Supplemental medical coverage is automatically included with your basic medical coverage, and will become effective the first of the month following 90 days of service as a benefit eligible employee. Coverage, as defined by Xxxxxx Foundation Health Plan of Colorado (KFHP), will be the same as enrolled in basic medical coverage for each regular benefit eligible employee.
B. You must have selected one of the basic medical coverage options through the flexible benefits program to receive supplemental coverage.
C. This option is not included with the Point of Service (POS) option.
Supplemental Medical Coverage. (1) The District will pay $100 per month toward medical premium costs for any employee who works for the District until age 58 and then retires with at least 10 years of service. The District will pay $200 per month for employees with 20 or more years of service. Service time will be calculated based on time as a “regular” employee. This benefit applies only to those employees who retire on or after January 1, 1999. The benefit will be paid from the age of retirement, beginning no earlier than age 58, up to age 65. The benefit will be discontinued at age 65. Effective June 1, 2003, this benefit shall apply to employees who retire beginning at age 55. The retiree and spouse or domestic partner shall have the option of continuing enrollment in the District offered health plans until age 65 at their own expense. Payments will be made quarterly on the 15th of the following months: February, May, August, and November.
(2) Employees will receive quarterly checks on the first of each of the following months: February, May, August and November.
(3) If the Employee elects to enroll in a CalPERS Health Plan as a retiree, the amount contributed by the District as the Public Employees Medical and Hospital Care Act (PEMHCA) employer contribution will be deducted from the monthly amount payable as the Supplemental Medical Coverage. Example A: if a retiree elects a CalPERS Health Plan and the PEMHCA employer contribution is $50 a month, the employee with at least 10 years of service would receive $50 a month ($100 minus $50) as the Supplemental Medical Coverage amount for that year. Example B: if a retiree elects a CalPERS Health Plan and the PEMHCA employer contribution is $50 a month, the employee with 20 or more years of service would receive $150 a month ($200 minus $50) as the Supplemental Medical Coverage amount for that year. The Supplemental Medical Coverage payment will decrease in the same increments as the PEMHCA employer contribution increases. Employees will receive and the District will pay the PEMHCA minimum even if it exceeds the amount of the Supplemental Medical Coverage, if the employee is in the CalPERS Health Plan. Example C: if a retiree elects a CalPERS Health Plan and the PEMHCA employer contribution is $250 a month, the employee with at least 10 years of service would not be charged the additional $150 ($250 minus $100). Example D: if a retiree elects a CalPERS Health Plan and the PEMHCA employer contribution is $250 a month, the employee with 20...
Supplemental Medical Coverage. 69 - SECTION 4. DENTAL PLAN ............................................................................................................................... - 69 - SECTION 5. LIFE INSURANCE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE.......................... - 69 - SECTION 6.
Supplemental Medical Coverage. The District shall contribute two hundred dollars ($200) a month toward supplemental medical coverage for retired employees who have worked for the District nine (9) or more years. This payment shall be made in a lump sum at the beginning of the fiscal year for a ten (10) year period. This provision is not retroactive.
Supplemental Medical Coverage. You have elected Supplemental Medical Coverage through the Flexible Benefits Program through December 31, 1998. You may continue to purchase coverages in the American Airlines Supplemental Medical Plan into retirement by sending a check for annual premiums due to the Plan administrator.
