Medical, Hospital, and Life Insurance Clause Samples

The "Medical, Hospital, and Life Insurance" clause outlines the employer's obligation to provide or maintain health-related insurance coverage for employees. Typically, this clause specifies the types of insurance offered, such as medical, hospital, and life insurance, and may detail eligibility requirements, coverage levels, and any employee contributions toward premiums. Its core function is to ensure that employees have access to essential health and life insurance benefits, thereby promoting employee well-being and offering financial protection in the event of illness, injury, or death.
Medical, Hospital, and Life Insurance. The Employer will continue the medical, hospital, and life insurance plans for an employee on duty disability for a maximum of two (2) years of absence. If the employee retires or is retired at the end of such two (2) year period, the Employer will provide at its expense the retiree insurance benefits in effect for retirees at the time of such retirement.
Medical, Hospital, and Life Insurance. The County will continue the medical, hospital, and life insurance plans for an employee on duty disability for a maximum of two (2) consecutive years of absence. If the employee retires or is retired at the end of such two
Medical, Hospital, and Life Insurance. The Superintendent shall be eligible to participate in the same medical, hospital and life insurance benefits provided by the Town to others employed by the Foxborough School Committee.
Medical, Hospital, and Life Insurance. 24.1 Effective the first of the month following full execution of this Agreement and for the term of this Agreement, for all eligible regular full-time employees (regularly compensated for forty (40) or more hours per week) who were compensated for forty (40) or more hours in the preceding month, the County shall contribute ninety-five percent (95%) of the cost of premiums for Medical, Dental, Vision, Time Loss, and Life Insurance for the following plans and benefits: A. United Employees Benefit Trust (UEBT) Medical Plan A-6 (Composite); B. UEBT D-8 Dental Plan with Orthodontia Rider; C. UEBT Vision 3 Plan; D. UEBT Time Loss Plan; and E. Standard Basic Life Insurance (Employee, Face Value $12,000.00). During annual open enrollment, employees may select UEBT or Group Health medical coverage; provided, however, Employer pays ninety-five percent (95%) of the cost of the premiums for the above benefits based on UEBT rates, regardless of whether the employee elects UEBT or Group Health coverage. For the term of this Agreement, employees shall contribute five percent (5%) to the cost of the above benefits, in addition to the full cost of any other additional coverage selected by the employee. Each month, employee contributions associated with Article 24 (Medical, Dental, Vision, Time Loss, and Life Insurance) shall be made by a pre-tax automatic payroll deduction from the employee’s regular paycheck on or about the fifth (5th) of each month. It is agreed that the above paragraph and this Agreement, when ratified by the Guild, constitute an agreement, by each employee represented by the Guild, to a monthly pre-tax automatic payroll deduction. For new employees and current employees not already enrolled, the County will provide the employee with a pre-tax enrollment form to be signed by the employee as provided in Article 24 of this Agreement. The Guild members have the choice annually, as a unit, to have either the above medical, dental and vision as a unit or County medical, dental and vision as a unit. All employees must maintain life insurance through the County's insurance program. If the bargaining unit as a whole elects to obtain medical, dental, and vision insurance through the above plans, it may do so at the time of ▇▇▇▇▇▇ County open enrollment. If the bargaining unit as a whole elects County insurance plans, the Employer contribution will be applied first towards employee life, vision, dental, and medical insurance. The remainder will then be applied t...
Medical, Hospital, and Life Insurance. The Superintendent shall be eligible to participate in the same medical, hospital and life insurance benefits provided by the Town to other employees employed by the North Attleborough School District, subject to the same terms and conditions of said coverage and at the same rate of contribution applicable to said employees.
Medical, Hospital, and Life Insurance. The Superintendent-Director shall be eligible to participate in the same medical, hospital and life insurance benefits provided by the District to other employees, subject to the same terms and conditions of said coverage, and at the same rate of contribution applicable to said employees. Such terms are subject to change during the life of this agreement based upon changes made to terms applicable to other District employees.

Related to Medical, Hospital, and Life Insurance

  • Health and Life Insurance In the event Employee’s employment is terminated hereunder, the Company shall provide the following health and life insurance benefits: (a) Upon Employee’s termination of employment under this Agreement other than upon Employee’s termination for Cause or upon Employee’s death, the Company shall be responsible for a one-year period following Employee’s Termination Date, the scheduled premium payments (on or before their due dates) on any universal life insurance policy covering Employee’s life which is in force immediately prior to the Termination Date; provided, however, that the Company shall be obligated to pay any such premiums only to the extent that, and on the same basis as, payments are made by the Company on the universal life insurance policies covering officers of the Company with same or similar coverage and further provided that during the period of six months immediately following the Employee’s Termination Date, the Employee shall be obligated to pay the Company the full cost for any such premium payments, and the Company shall reimburse the Employee for any such payments on the first business day that is more than six months after the Employee’s Termination Date, together with interest on such amount from the Termination Date through the date of payment at the Interest Rate. (b) Upon Employee’s termination of employment under this Agreement other than upon a Change of Control (which shall be governed by the COC Severance Plan), Employee’s termination for Cause, or upon Employee’s death, the Company shall, at its expense, provide such medical and dental coverage as in effect immediately prior to the Termination Date for Employee and Employee’s then covered dependents until the end of the period designated for payments to be made hereunder. Thereafter, Employee and his qualified beneficiaries shall be entitled to continue health insurance benefits, under and through the terms of the applicable COBRA law and regulations, at Employee’s own expense until the expiration of COBRA coverage. (c) In the event of Employee’s death during the Term of Employment for a twelve-month period after his death the Company shall make available at its expense medical and dental insurance covering Employee’s spouse and his dependents (collectively, “Employee’s Beneficiaries”) who would have been covered (if the Term of Employment had continued) by the Company’s medical and dental insurance policies as then in effect, and (ii) thereafter for an additional six-month period, such medical and dental insurance in effect from time to time shall be provided to Employee’s Beneficiaries, with Employee’s Beneficiaries (or estate if applicable) to reimburse the Company for the cost of comparable coverage under the provisions of this clause (ii), unless otherwise prohibited by applicable law Thereafter, Employee and his qualified beneficiaries shall be entitled to continue health insurance benefits, under and through the terms of the applicable COBRA law and regulations, at Employee’s own expense until the expiration of COBRA coverage. (d) Any taxable welfare benefits provided pursuant to this Section 13 that are not “disability pay” or “death benefits” within the meaning of Treasury Regulation Section 1.409A-1(a)(5) (collectively, the “Applicable Benefits”) shall be subject to the following requirements in order to comply with Section 409A of the Code. The amount of any Applicable Benefit provided during one taxable year shall not affect the amount of the Applicable Benefit provided in any other taxable year, except that with respect to any Applicable Benefit that consists of the reimbursement of expenses referred to in Section 105(b) of the Code, a limitation may be imposed on the amount of such reimbursements over some or all of the applicable severance period, as described in Treasury Regulation Section 1.409A-3(i)(iv)(B). To the extent that any Applicable Benefit consists of the reimbursement of eligible expenses, such reimbursement must be made on or before the last day of the calendar year following the calendar year in which the expense was incurred. No Applicable Benefit may be liquidated or exchanged for another benefit.

  • Medical, Dental and Vision Insurance a. Effective July 1, 2002, medical benefits shall be offered through CalPERS Health Plans. b. The Employer shall pay up to eight percent (8%) of future premium increases for medical, dental, and vision plans. In the event that a medical plan has a premium decrease (<0%), the Employer will apply ninety percent (90%) of the premium decrease towards Employer contribution and ten percent (10%) towards employee plan premiums. c. Each employee shall pay through payroll deduction any premium cost in excess of the Employer’s contribution. Each employee may select from among the plans made available by the Employer and the Union.

  • Medical Care The Parents must comply with the School Medical Officer's recommendations which may include a reasonable decision to release the Pupil home or to her education guardian when she is unwell.

  • Medical and Dental Insurance The Company shall pay Employee’s monthly Medical and Dental Insurance premiums in association with Company provided health insurance plans.

  • Life Insurance No portion of your IRA may be invested in life insurance contracts.