Active Employee Insurance. The insurance plans, premiums for coverage, and benefits contained in the insurance plans offered by the Employer shall be solely controlled by the contracts negotiated by the Employer and the benefit providers. The Employer will attempt to prevent any changes in the benefits offered by the benefit providers. However, the employees selecting the offered plans agree to accept any changes in benefits which a specific provider implements.
Active Employee Insurance. The Employer will continue for the period of this Agreement to provide for employees such health and life insurance benefits as are provided by the Employer at the time of execution of this Agreement.
Active Employee Insurance a. Effective January 2018, for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: 2017 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2018, after any plan design changes; employees shall be responsible for the 2017 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2018, after any plan design changes. Based on a 0.3% premium increase, this results in the following Employer contributions: Single: $613.18, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.32/month. The parties have agreed, however, that the employee’s share of the single coverage premium payable in 2018 will be shifted to 2019 thereby reducing the employee’s share of the single coverage premium for 2018 to $0.00. Family: $1,430.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $173.44/month. The lesser of the Employer’s contribution for the Choice Passport Plan for 2018; or the actual cost of the Elect Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 0.3% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $572.66, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.00/month. Family: $1,430.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $66.66/month. The lesser of the Employer’s contribution for the Choice Passport Plan for 2018; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 0.3% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $555.16, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2017 Wellness Program). Employee share: $0.00/...
Active Employee Insurance. The annual experience calculation for the PRERETIREMENT INSURANCE on active EMPLOYEES shall begin with a determination of all charges to the plan. Pursuant to Exhibit B of this agreement (Claim Charges), claim charges shall include items A and B (life and AD&D pooled claim charges), items C and D (death and AD&D claims), item E (living benefit claims), item J (disability claim reserves), and item K (conversion charge), and the total of these charges shall be reduced by any catastrophic loss for the POLICY YEAR to produce the net claim charge for the POLICY YEAR. To the net claim charge shall be added the STATE internal administration expense, the payments to the STATE'S consulting actuary, the STATE premium taxes, the MINNESOTA LIFE expense charge, and the risk charge, and any deficit balance existing at the end of the preceding POLICY YEAR. If the sum of all charges to the plan is greater than the sum of the EMPLOYEE premium and the interest credits, the premium deficiency shall be withdrawn from the stabilization reserve. If the premium deficiency exceeds the balance in the stabilization reserve, the remainder shall be withdrawn from the premium deposit fund and cleared as premium. If the premium deposit fund is exhausted and a premium deficiency remains, the remaining premium deficiency will be established as a deficit and carried forward as a charge to the following POLICY YEAR. Interest shall be charged on a deficit balance on the same basis used to credit interest on a stabilization reserve balance. If the sum of these charges is less than the sum of the EMPLOYEE premium and the interest credits, the excess shall be deposited in the stabilization reserve.
Active Employee Insurance. On each policy anniversary, interest credits and charges for active EMPLOYEES shall be calculated at the interest rates declared by MINNESOTA LIFE on the following basis:
Active Employee Insurance. BENEFITS (continued)
Active Employee Insurance. 13.1 The insurance plans, premiums for coverages, and benefits contained in the insurance plans offered by the EMPLOYER shall be solely controlled by the contracts negotiated by the EMPLOYER and the benefit providers. The EMPLOYER will attempt to prevent any changes in the benefits offered by the benefit providers. However, the employees selecting the offered plans agree to accept any changes in benefits which a specific provider implements. The EMPLOYER’S Cafeteria Plan Document and IRS rules and regulations shall govern the EMPLOYER provided health and welfare benefit program.
13.2 For the purpose of this Article, full-time employment is defined as appearing on the payroll an average of at least 30 hours per week for the twelve (12) month period preceding the annual open enrollment or special enrollments or the period preceding initial enrollment. Effective January 2016, for each eligible employee covered by this Agreement who is employed full time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: Based on a 4.3% premium increase and VEBA offset for single premiums, this results in the following employer contributions: Effective January 2017, for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month:
Active Employee Insurance. 13.1 The insurance plans, premiums for coverages, and benefits contained in the insurance plans offered by the EMPLOYER shall be solely controlled by the contracts negotiated by the EMPLOYER and the benefit providers. The EMPLOYER will attempt to prevent any changes in the benefits offered by the benefit providers. However, the employees selecting the offered plans agree to accept any changes in benefits which a specific provider implements. The EMPLOYER’S Cafeteria Plan Document and IRS rules and regulations shall govern the EMPLOYER provided health and welfare benefit program.
Active Employee Insurance. 13.1 The insurance plans, premiums for coverages, and benefits contained in the insurance plans offered by the EMPLOYER shall be solely controlled by the contracts negotiated by the EMPLOYER and the benefit providers. The EMPLOYER will attempt to prevent any changes in the benefits offered by the benefit providers. However, the employees selecting the offered plans agree to accept any changes in benefits which a specific provider implements. The EMPLOYER’S Cafeteria Plan Document and IRS rules and regulations shall govern the EMPLOYER provided health and welfare benefit program.
13.2 For the purpose of this Article, full-time employment is defined as appearing on the payroll an average of at least 30 hours per week for the twelve (12) month period preceding the annual open enrollment or special enrollments or the period preceding initial enrollment. Effective January 2018, for each eligible employee covered by this Agreement who is employed full-time and who selects City-provided employee health insurance coverage, the Employer agrees to contribute the following amounts per month: 2017 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2018, after any plan design changes; employees shall be responsible for the 2017 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2018, after any plan design changes. Based on a 0.3% premium increase, this results in the following Employer contributions: The parties have agreed, however, that the employee’s share of the single coverage premium payable in 2018 will be shifted to 2019 thereby reducing the employee’s share of the single coverage premium for 2018 to $0.00.
Active Employee Insurance. 10.1 The Employer will continue for the period of this agreement to provide for employees such health and life insurance benefits as are provided by the Employer at the time of execution of this agreement.
10.2 Effective for the January, 2001 insurance premiums, for each eligible employee covered by this agreement who is employed full-time and who selects single employee health insurance coverage provided by the Employer, the Employer agrees to contribute $211.62 [amount of 2000 single premium] per month plus any increase in the 2001 single health insurance premium up to $40.00 per month. If the 2001 single health insurance premium increase is over forty ($40.00) dollars, the Employer will contribute 50% of the amount over forty ($40.00) dollars. [For 2001, because the increase to the single premium is $18.22/month, the City continues to pay 100% of the single premium]. For each eligible full-time employee who selects family health insurance coverage, the Employer will contribute $406.62 [amount of 2000 family premium] per month plus $2.90 plus an amount equal to the 2001 single health insurance premium increase up to forty ($40.00) dollars. If the 2001 single health insurance premium increase is over forty ($40.00) dollars, the Employer will contribute 50% of the amount over forty ($40.00) dollars. [For 2001, because the increase in the single premium is $18.22/month, the Employer’s contribution to the family premium will be $427.74].
