Common use of Base Rates Clause in Contracts

Base Rates. The Board pays 85% of the premium rate for all levels of coverage offered. The Board shall provide for all eligible employees in this bargaining unit term life insurance in an amount equal to one and one-half of the employee's annual salary; provided, however, that any employee shall have the option of having the term life insurance capped at $50,000. The Board agrees to provide to the extent of present policy provisions for insurance coverage for financial loss arising from liability, provided such person, at the time of the act or omission complained of, was acting within the scope of such person's employment or under the direction of the Board. A supplemental optical insurance plan will be offered to all eligible employees and each member of the eligible employee’s immediate family as of January 1, 2013. The supplemental optical plan will be fully employee paid. Effective July 1, 2010, the Board shall provide an optical insurance plan for those unit members who are not covered by medical insurance under which all eligible employees and each member of the eligible employee's immediate family shall be entitled to an eye examination and a discount program for lenses, frames and contacts every two (2) years. Health Insurance Advisory Committee - The Board and the Association agree to continue the Health Insurance Advisory Committee for the purpose of reviewing all aspects of the Health Insurance Program and making recommendations to the Superintendent of Schools for possible changes in content or procedures, as well as, regarding the components of an Employee Wellness Program. The Board and the Association shall encourage all employees to audit any and all hospital bills. There shall be an "Audit Incentive Program" under which employees shall receive 50% of any savings realized from the employee's audit of a hospital bill up to a maximum recovery of $500 per hospital stay. The Board shall offer the option of a Health Care Savings Account (HSA) to unit members.

Base Rates. The Board pays 85% of the premium rate for all levels of coverage offered. The Board shall provide for all eligible employees in this bargaining unit term life insurance in an amount equal to one and one-half of the employee's annual salary; provided, however, that any employee shall have the option of having the term life insurance capped at $50,000. The Board agrees to provide to the extent of present policy provisions for insurance coverage for financial loss arising from liability, provided such person, at the time of the act or omission complained of, was acting within the scope of such person's employment or under the direction of the Board. A supplemental optical insurance plan will be offered to all eligible employees and each member of the eligible employee’s immediate family as of January 1, 2013. The supplemental optical plan will be fully employee paid. Effective July 1, 2010, the Board shall provide an optical insurance plan for those unit members who are not covered by medical insurance under which all eligible employees and each member of the eligible employee's immediate family shall be entitled to an eye examination and a discount program for lenses, frames and contacts every two (2) years. Health Insurance Advisory Committee - The Board and the Association agree to continue the Health Insurance Advisory Committee for the purpose of reviewing all aspects of the Health Insurance Program and making recommendations to the Superintendent of Schools for possible changes in content or procedures, as well as, regarding the components of an Employee Wellness Program. The Board and the Association shall encourage all employees to audit any and all hospital bills. There shall be an "Audit Incentive Program" under which employees shall receive 50% of any savings realized from the employee's audit of a hospital bill xxxx up to a maximum recovery of $500 per hospital stay. The Board shall offer the option of a Health Care Savings Account (HSA) to unit members.