Common use of Employee and Dependent Coverage Clause in Contracts

Employee and Dependent Coverage. All group insurance and health expense benefits which include medical, prescription drug, hearing aid, dental and vision coverages (copies which have been furnished to the Union) and employee contributions, established under the terms of the Agreement between the Company and the Union in effect immediately prior to the effective date of this Agreement, shall remain in full force and effect for the duration of this Agreement, except as and until modified by the agreed upon amendments in the 2015 2018 negotiations. The Company shall be entitled to receive and retain all refunds, rate reductions or dividends, if any, pertaining to dependent and employee coverage, including optional life insurance.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Employee and Dependent Coverage. All group insurance and health expense benefits which include medical, prescription drug, hearing aid, dental and vision coverages (copies which have been furnished to the Union) and employee contributions, established under the terms of the Agreement between the Company and the Union in effect immediately prior to the effective date of this Agreement, shall remain in full force and effect for the duration of this Agreement, except as and until modified by the agreed upon amendments in the 2015 2018 20182022 negotiations. The Company shall be entitled to receive and retain all refunds, rate reductions or dividends, if any, pertaining to dependent and employee coverage, including optional life insurance.

Appears in 1 contract

Sources: Collective Bargaining Agreement