Common use of Class Description Clause in Contracts

Class Description. All Eligible Employees Employer Premium Contribution: 100% Premium Rate: $0.148 per $100 of covered payroll Premium Rate Guarantee: 36 months until July 1, 2023 Elimination Period (Injury): 60 days Elimination Period (Physical Disease): 60 days Minimum Hourly Requirement: 30 hours per week Waiting Period: None Evidence of Insurability Requirement: Required for Late Enrollees, Increases and amounts exceeding the Guarantee Issue Employee Eligibility Date: Upon completion of the Waiting Period Minimum Participation Required: 100% Class Number: 01

Class Description. All Eligible Employees Employer Premium Contribution: 100% Premium Rate: $0.148 0.29 per $100 10 of covered payroll Weekly Benefit Premium Rate Guarantee: 36 48 months until July 1, 2023 2025 Elimination Period (Injury): 60 7 days Elimination Period (Physical Disease): 60 7 days Minimum Hourly Requirement: 30 24 hours per week Waiting Period: None Evidence of Insurability Requirement: Required for Late Enrollees, Increases and amounts exceeding the Guarantee Issue Employee Eligibility Date: Upon First of month following or coinciding with completion of the Waiting Period Minimum Participation Required: Greater of 2 lives or 100% Class Number: 01