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1988-040-RES WHEREAS, the City Council of the City of Paris, is desirous of continuing to provide health coverage for
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1988-040-RES WHEREAS, the City Council of the City of Paris, is desirous of continuing to provide health coverage for
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8/18/2006 4:34:08 PM
Creation date
4/15/2005 6:20:33 AM
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CITY CLERK
Doc Name
1988
Doc Type
Resolution
CITY CLERK - Date
5/9/1988
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<br />E. Incurred Health Benefits means: <br /> <br />1. The total amount of all Benefit Checks issued during the Accounting <br />Period involved, provided however if Item IV (a) or IV (b) of the <br />Exhibit is indicated "applied for" Specific Health Stop Loss Benefits <br />shall not be included within this definition of Incurred Health <br />Benefits, plus <br /> <br />2. The total amount of Health Benefits estimated by Blue Cross and Blue <br />Shield of Texas, Inc. in accordance with their normal accounting <br />practices as specified under Article IV of this Agreement to be incurred <br />but unpaid at the end of an Accounting Period, minus <br /> <br />3. The corresponding estimated reserve appearing in the last previous <br />experience statement. <br /> <br />F. Health Certificate means each certificate number used by Blue Cross and Blue <br />Shield of Texas, Inc. to evidence coverage for an individual employee and <br />covered dependent(s), if any. <br /> <br />G. Health Contract Underwritten Premium means the monthly premiums due and <br />payable by the Employer to Blue Cross and Blue Shield of Texas, Inc. for the <br />Accounting Period involved under the terms of the article in the Health <br />Contract captioned "Premiums" as may be adjusted from time to time. The <br />monthly Health Contract Underwritten Premium rates are indicated in Item IX of <br />the Exhibit. While this Agreement is in effect and while the Draft Authority <br />provided for in Article II of this Agreement is honored by the Employer's <br />Bank, the Employer is not required to pay the monthly Health Contract <br />Underwritten Premium, as outlined in the Health Contract, but is required to <br />pay the Remaining Health Contract Underwritten Premium on termination in <br />accordance with Article III. <br /> <br />H. Health Contract Adnnistration Charge means the consideration calculated in <br />accordance with Item VI of the Exhibit, which is required by Blue Cross and <br />Blue Shield of Texas, Inc. for the administration of the Health Contract. The <br />Health Contract Administration Charge will be due and payable to Blue Cross <br />and Blue Shield of Texas, Inc. monthly on the due date of Health Contract <br />Underwritten Premium as indicated in the "Premiums" Article of the Health <br />Contract or within 10 days after the end of the Final Accounting Period as <br />described in Article III, Section D and Item VI of the Exhibit. Such <br />consideration will be automatically increased by the amount of increase or <br />imposition of premium taxes whenever imposed by lawful authority on or after <br />the effective date of this Agreement. <br /> <br />1. Specific Health Contract Stop Loss Premium means the monthly consideration <br />required by Blue Cross and Blue Shield of Texas, Inc. for the risk assumed for <br />the Specific Health Contract Stop Loss Insurance. Specific Health Contract <br />Stop Loss Premium shall be calculated in accordance with Item VII of the <br />Exhibit. The Specific Health Contract Stop Loss Premium shall be payable to <br />Blue Cross and Blue Shield of Texas, Inc. monthly on the due date of the <br />Health Contract Underwritten Premium as indicated in the "Premiums" Article of <br />the Health Contract. This definition applies to this Agreement only if Item <br />IV (a) or Item IV (b) of the Exhibit is indicsted "spplied for". <br /> <br /> <br />., <br /> <br />
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