Supplemental Medicare Coverage. Employees who retire under the NYSNA Pension Plan on December 2, 1999 or later and reach the age of sixty-five (65) will be eligible to purchase supplemental health benefit coverage under the Employers Retirement Medical Coverage Plan. The Employer will not contribute to the cost of the Supplemental Medicare Plan.
Supplemental Medicare Coverage. In consideration of Shareholders entering into the Consulting Agreements, from and after the Closing Date, Insilco agrees to cause Surviving Corporation or any successor thereto to provide to each Shareholder, at no cost to Shareholders, for their respective lifetimes, supplemental Medicare insurance coverage and prescription medication coverage reasonably acceptable to Shareholders, which supplemental Medicare coverage shall be in conformance with the Medicare supplemental coverage described in Schedule 6.15 hereto. To that end, Surviving Corporation
Supplemental Medicare Coverage. Retirees who are participating in the Retiree Subsidy Medical Plan as of January 1, 2004 and all future retirees who meet the criteria to participate in City-sponsored medical insurance, with or without the Retiree Medical Subsidy Plan, may participate in City- sponsored medical insurance plans that are supplemental to Medicare. A retiree or qualified dependent must choose to participate in City-sponsored medical insurance plans that are supplemental to Medicare beginning the first of the month in which the retiree or qualified dependent turns age sixty-five (65). The retiree shall pay the full premium to participate in City-sponsored medical insurance plans that are supplemental to Medicare for them self or qualified dependents without any City subsidy. Retirees or qualified dependents, upon turning age sixty five (65), who choose not to participate in City-sponsored medical insurance plans that are supplemental to Medicare permanently lose their eligibility for this insurance.
