Calculating Tiered Employee Contribution Rates. At the end of each fiscal year the District will calculate the Base-Employee-Contribution for the next plan year which begins on January 1st. An employee’s contribution for Plan Option A will be based on a negotiated formula applied to the family tiered structure as follows: Employee Only 75% of the Base-Employee-Contribution Employee + Spouse or Employee + Child(ren) 100% of the Base-Employee-Contribution Employee + Family 125% of the Base-Employee-Contribution An employee’s contribution for Plan Option B will be equal to 35% of the employee contribution for each of the family tiers for Plan Option A. For part-time employees, the contribution rate is two (2) times the full-time employee rate.
Calculating Tiered Employee Contribution Rates. At the end of each fiscal year the District will calculate the Base-Employee-Contribution for the next plan year which begins on January 1. An employee’s contribution for Plan Option A will be based on a negotiated formula applied to the tiered structure as follows: Employee Only 75% of the Base-Employee-Contribution Employee + Spouse or Employee + Child(ren) 100% of the Base-Employee-Contribution Employee + Family 125% of the Base-Employee-Contribution For the 2017, 2018 & 2019 year the employee’s annual contribution for Plan Option B and Option C will be $0.00. The dollar amount of the District contribution in 2019 will become a hard cap of District contribution for ensuing years. For part-time employees, the contribution rate is two (2) times the full-time employee rate. Health plan costs are composed of claims paid, the costs of administering the health care plan by the third party administrator or its successor(s), aggregate and specific stop-loss premiums, utilization review fees, case management costs, health program audit rewards, PA Clinic, wellness initiative costs, COBRA premium receipts, refunds, consultant fees, and any added costs resulting from changes in the administration of the health benefits plan agreed to by the parties during the term of the collective bargaining agreement or due to any requirement imposed by state or federal law.
Calculating Tiered Employee Contribution Rates. At the end of each fiscal year the District will calculate the Base-Employee-Contribution for the next plan year which begins on January 1st. An employee’s contribution for Plan Option A will be based on a negotiated formula applied to the family tiered structure as follows: Employee Only 75% of the Base-Employee-Contribution Employee + Spouse or Employee + Child(ren) 100% of the Base-Employee-Contribution Employee + Family 125% of the Base-Employee-Contribution An employee’s contribution for Plan Option B will be equal to 35% of the employee contribution for each of the family tiers for Plan Option A. For part-time employees, the contribution rate is two (2) times the full-time employee rate. Shared-time teachers shall have the same insurance benefits as part-time teachers. In no case shall the total cost of the fringe benefits between teachers sharing a position exceed the total cost of the benefits paid to a full-time teacher for the same position. In order for the cost of benefits not to exceed the cost of covering one employee, the employer’s share for the second person of the job share must be made up by the job share employees.
Calculating Tiered Employee Contribution Rates. At the end of each fiscal year the District will calculate the Base-Employee-Contribution for the next plan year which begins on January 1st. An employee’s contribution for Plan Option A will be based on a negotiated formula applied to the tiered structure as follows: Employee Only 75% of the Base-Employee-Contribution Employee + Spouse or Employee + Child(ren) 100% of the Base-Employee-Contribution Employee + Family 125% of the Base-Employee-Contribution • For the 2017, 2018, and 2019 year, the employee’s annual contribution for Plan Options B and Option C will be $0.00. The dollar amount of the District Contribution in 2019 will become a hard cap of District contribution for ensuing years. • For part-time employees, the contribution rate is two (2) times the full-time employee rate. Employee-Dollar Share Adjustment – An important cost sharing feature of the plan concerns over or under collections of expected contributions. If the actual employee contributions collected are below the expected contribution at the end of a given fiscal year, the underpayment will be added to the Employee-Dollar-Share in the next plan year. If the actual employee contributions collected are above the expected contribution, the overpayment will be deducted from the Employee-Dollar-Share in the next plan year. Health plan costs are composed of claims paid, the costs of administering the health care plan by the third party administrator or its successor(s), aggregate and specific stop-loss premiums, utilization review fees, case management costs, health program audit rewards, PA Clinic, wellness initiative costs, COBRA premium receipts, refunds, consultant fees, and any added costs resulting from changes in the administration of the health benefits plan during the term of the collective bargaining agreement or due to any requirement imposed by state or federal law.
Calculating Tiered Employee Contribution Rates. At the end of each fiscal year the District will calculate the Base-Employee-Contribution for the next plan year which begins on January 1st. An employee’s contribution for Plan Option A will be based on a negotiated formula applied to the tiered structure as follows: Employee Only 75% of the Base-Employee-Contribution Employee + Spouse or Employee + Child(ren) 100% of the Base-Employee-Contribution Employee + Family 125% of the Base-Employee-Contribution For the 2017, 2018, and 2019 years, the employee’s annual contribution for Plan Option B and Plan Option C will be zero dollars ($0). The dollar amount of the District contribution in 2019 will become a hard cap of District contribution for ensuing years. For part-time employees, the contribution rate is two (2) times the full-time employee rate.
