Health benefit plan definition
Examples of Health benefit plan in a sentence
Employees who apply for ERIB may choose to continue to maintain the Extended Health benefit plan (excluding MSP, Dental, Life and ADD) coverage to age 65.
Full time employees must participate in District’s Health benefit plan.
Subsequent to the District’s annual contribution of $10,600 per benefited employee, as well as the ongoing $1,000,000 annual contribution directly to the Health & Welfare Self-Insurance fund, should health benefit cost exceed the funds available, the expenses in excess shall be borne by all eligible benefited employees on a floating percentage tied to the Health benefit plan option selected by the employee (PPO, HMO, ▇▇▇▇▇▇).
Benefit Employees who have elected the LTD Early Retirement Incentive Benefit (ERIB), are eligible to continue to maintain the Extended Health benefit plan coverage to age 65.
For family members, Baptist Health will pay a portion of the premium in accordance with the Baptist Health benefit plan document applicable to all Baptist Health employees, provided the Resident makes a positive election for coverage.