CDHP Plan Election Incentive. For those employees who elect to move from the PPO health insurance plan to the CDHP health insurance plan, the Board will make an additional one-time contribution to the individual HSA for that year in the amount of $750 for employee single coverage and $1,250 for employee single plus dependent coverage. The Board contribution for medical premium increases may be capped at 8% per calendar year. Any additional increase above the cap of 8% may result in increased costs to the employee or immediate adjustments to the insurance plan to bring the projected increase in costs back to the capped amount or less.
