Costco Wholesale Executive Health Plan Participation Agreement
This agreement outlines the terms of the Executive Health Plan for Costco Wholesale, covering officers at the level of senior vice president and above, as well as one consultant. Participants receive the same medical, dental, vision, and pharmacy benefits as other employees, plus reimbursement for out-of-pocket costs like co-insurance and deductibles. Participants are required to pay part of the insurance premium. The agreement specifies eligibility, benefits, and cost-sharing responsibilities.
Exhibit 10.1
Officers at the level of senior vice president and above and one consultant to the Company participate in the Executive Health Plan. Participants are provided coverage for the same types of benefits available to employees generally (which include medical, dental, vision and pharmacy,) as well as reimbursement for the out-of-pocket costs (co-insurance, deductibles etc.) required under the basic plan. Participants are required to pay a portion of the premium.