Health Benefits Programs Sample Clauses

The Health Benefits Programs clause outlines the employer's obligation to provide health-related insurance or benefits to employees. Typically, this clause specifies the types of health coverage offered, such as medical, dental, or vision insurance, and may detail eligibility requirements, enrollment procedures, and the extent of employer versus employee contributions. Its core practical function is to ensure employees are informed about their health benefits and to formalize the employer's commitment, thereby promoting transparency and helping attract and retain talent.
Health Benefits Programs. The Departments establish the policy guidelines and rules with respect to eligibility to the Health Benefits Program and any benefits covered thereunder. Medavie will notify You of any change to these policy guidelines and rules upon Your access or use of the Health Professional secure section of Medavie’s website.
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Health Benefits Programs. The Company will provide comprehensive medical, dental, and vision benefit programs for non- grandfathered employees. 1. PPO and HDHP medical plan(s) will be offered to full-time employees. Employees shall share in the cost of the plans and shall follow the same premium share schedule as the salaried employees. 2. A Dental Plan will be offered to full-time employees. Employees shall share in the cost of the plans and shall follow the same schedule as the salaried employees. 3. A Vision Plan will be offered to full-time employees. Employees shall share in the costof the plans and shall follow the same schedule as the salaried employees. 4. The Company reserves the option of bundling or unbundling the medical, dental, and vision plan (offering them together or separately). 5. Eligibility for the health benefit programs will be full-time employees, covered the first of the month after hire, and must have worked at least one day. 6. Continuation of health benefits for employees on leave of absence or upon termination of employment shall be in accordance with the terms and conditions set forth in the Plan document and COBRA will be offered when required by law.
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Health Benefits Programs. Complete details on each plan will be provided to the teachers on the district website. From the “Human Resources” page, SEA members should click on “Employee Benefits” and then “Medical Insurance.” A summary of benefits coverage is available for all plans; these documents are updated annually by the insurance carrier. Plan summaries of benefits and the most recent cost comparison between plans are included as Exhibit IX in this contract.
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Health Benefits Programs. The Company will provide comprehensive medical, dental, and vision benefit programs for non- grandfathered employees. 1. A PPO medical plan will be offered to full-time employees. The Incumbent Plan and the Basic plan option are currently in place for 2017. Employees shall share in the cost of the plans and shall follow the same premium share schedule as the salaried employees. 2. A Dental Plan will be offered to full-time employees. Employees shall share in the cost of the plans and shall follow the same schedule as the salaried employees. 3. A Vision Plan will be offered to full-time employees. Employees shall share in the cost of the plans and shall follow the same schedule as the salaried employees. 4. The Company reserves the option of bundling or unbundling the medical, dental, and vision plan (offering them together or separately). 5. Eligibility for the health benefit programs will be full-time employees, covered the first of the month after hire, and must have worked at least one day. 6. Continuation of health benefits for employees on leave of absence or upon termination of employment shall be in accordance with the terms and conditions set forth in the Plan document and COBRA will be offered when required by law.
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Health Benefits Programs. The Company will provide comprehensive medical, dental, and vision benefit plans for non-grandfathered employees. 1. The Incumbent Medical Plan will be offered at transition to only the incumbent employees. This plan will be similar to the MEWA and USEC plans and will have lower deductible and copays than the Basic Medical Plan. No new participants will be allowed to enroll after the transition period. Any employee who chooses to enroll in the Basic plan will not be allowed to enroll in the Incumbent plan thereafter. The Incumbent Medical plan will offer in and out of network coverages, include the PPACA (Health Reform Act) directed provisions, and prescription-plan. 2. The Basic Medical Plan will be offered to employees at transition and for new hires. The employee premium share shall be 15% with graduated increases as follows: 2012- 15%, 2013-20%, 2014-20%, 2015-20%, 2016-25%, 3. Eligibility will be full time employees, covered the first of the month after hire, and must be active at work. The employee premium share shall be 15% with graduated increases as follows: 2012- 15%, 2013- 20%, 2014- 20%, 2015- 20%, 2016- 25%. 4. Dental Plan will be offered to all employees and bundled with the medical and vision plans. The employee premium share shall be 15% with graduated increases as follows: 2012- 15%, 2013- 20%, 2014- 20%, 2015- 20%, and 2016-25% 5. Vision Plan will be offered to all employees and bundled with the medical and vision plans. The employee premium share shall be 15% with graduated increases as follows: 2012- 15%, 2013 - 20%, 2014 - 20%, 2015 - 20%, and 2016-25%. 6. The Company reserves the option of unbundling the medical, dental and vision plans, offering the packages separately. 7. The Company has the right to provide alternatives and plan modification to the current health plans throughout the term of this agreement in the event it becomes not viable to offer the current plan designs for business reasons. In such instances, the Company will notify the Union at least 30 days in advance of the annual benefit open enrollment period and will provide the new plan details to demonstrate that similar or better coverage is still being provided. 8. The company agrees to have one (1) USW representative participate as a non• voting participant in the non-grandfathered health benefit programs.
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Related to Health Benefits Programs

  • Health Benefits For the eighteen (18) month period following the Termination Date, provided that Executive is eligible for, and timely elects COBRA continuation coverage, the Company will pay on Executive’s behalf, the monthly cost of COBRA continuation coverage under the Company’s group health plan for Executive and, where applicable, her spouse and dependents, at the level in effect as of the Termination Date, adjusted for any increase in such level paid by the Company for active employees, less the employee portion of the applicable premiums that Executive would have paid had she remained employed during the such eighteen (18) month period (the COBRA continuation coverage period shall run concurrently with the eighteen (18) month period that COBRA premium payments are made on Executive’s behalf under this subsection 1(a)(ii)). The reimbursements described herein shall be paid in monthly installments, commencing on the sixtieth (60th) day following the Termination Date, provided that the first such installment payment shall include any unpaid reimbursements that would have been made during the first sixty (60) days following the Termination Date. Notwithstanding the foregoing, the Company’s payment of the monthly COBRA premiums in accordance with this subsection 1(a)(ii) shall cease immediately upon the earlier of: (A) the end of the eighteen (18) month period following the Termination Date, or (B) the date that Executive is eligible for comparable coverage with a subsequent employer. Executive agrees to notify the Company in writing immediately if subsequent employment is accepted prior to the end of the eighteen (18) month period following the Termination Date and Executive agrees to repay to the Company any COBRA premium amount paid on Executive’s behalf during such period for any period of employment during which group health coverage is available through a subsequent employer. Notwithstanding the foregoing, the Company reserves the right to restructure the foregoing COBRA premium payment arrangement in any manner necessary or appropriate to avoid fines, penalties or negative tax consequences to the Company or Executive (including, without limitation, to avoid any penalty imposed for violation of the nondiscrimination requirements under the Patient Protection and Affordable Care Act or the guidance issued thereunder), as determined by the Company in its sole and absolute discretion.

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3. 2. With regard to LACERS Tier 1, as provided by LAAC Section 4.1111, the monthly Maximum Medical Plan Premium Subsidy, which represents the Kaiser 2-party non-Medicare Part A and Part B premium, is vested for all members who made the additional contributions authorized by LAAC Section 4.1003(c). 3. Additionally, with regard to Tier 1 members who made the additional contribution authorized by LAAC Section 4.1003(c), the maximum amount of the annual increase authorized in LAAC Section 4.1111(b) is a vested benefit that shall be granted by the LACERS Board. 4. With regard to LACERS Tier 3, the Implementing Ordinance shall provide that all Tier 3 members shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits, and shall amend LAAC Division 4, Chapter 11 to provide the same vested benefits to all Tier 3 members as currently are provided to Tier 1 members who make the same four percent (4%) contribution to LACERS under the retiree health benefit program. 5. The entitlement to retiree health benefits under this provision shall be subject to the rules under LAAC Division 4, Chapter 11 in effect as of the effective date of this provision, and the rules that shall be placed into LAAC Division 4, Chapters 10 and 11, with regard to Tier 3, by the Implementing Ordinance. 6. As further provided herein, the amount of employee contributions is subject to bargaining in future MOU negotiations. 7. The vesting schedule for the Maximum Medical Plan Premium Subsidy for employees enrolled in LACERS Tier 1 and LACERS Tier 3 shall be the same. 8. Employees whose Health Service Credit, as defined in LAAC Division 4, Chapter 11, is based on periods of part-time and less than full-time employment, shall receive full, rather than prorated, Health Service Credit for periods of service. The monthly retiree medical subsidy amount to which these employees are entitled shall be prorated based on the extent to which their service credit is prorated due to their less than full time status.

  • Benefits Plans During the Employment Period, You will be eligible to participate in all benefit plans in effect for executives and employees of the Company, subject to the terms and conditions of such plans.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Health & Welfare Benefits Executive shall be eligible to participate in all health and welfare benefits provided generally to other employees of the Company.