Common use of County Premium Subsidy On and After January 1, 2014 Clause in Contracts

County Premium Subsidy On and After January 1, 2014. For the plan year that begins on January 1, 2014, the County will pay a monthly premium subsidy for each health plan that is equal to the actual dollar monthly premium subsidy that is paid by the County as of November 30, 2013. In addition, if there is an increase in the monthly premium charged by a health plan for 2014, the County and the employee will each pay fifty percent (50%) of that increase. For each calendar year thereafter, the County and the employee will each pay fifty percent (50%) of the monthly premium increase above the 2013 plan premium.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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