Common use of Employee Premium Contributions Clause in Contracts

Employee Premium Contributions. During the term of this agreement, the total cumulative amount of employee premium contributions for the medical, prescription drug, dental, vision and long-term disability plans will not exceed twenty percent (20%) of the total cumulative cost of those plans. The total cumulative cost of the medical, prescription drug, dental and vision plans will be established by the University at the beginning of each plan year – the July 1, 2018 through June 30, 2019 and July 1, 2019 through June 30, 2020 benefit plan years respectively -- based on the full premium rates (or for self-insured plans rates equivalent to a fully insured rate, e.g. the COBRA rate) for each plan added together. The University will determine the amount, allocation and differentiation of employee premium contributions among its various health plan offerings (medical, prescription drug, dental and vision plans) for each plan year: July 1, 2018 through June 30, 2019 and July 1, 2019 through June 30, 2020 respectively.

Employee Premium Contributions. During the term of this agreement, the total cumulative amount of employee premium contributions for the medical, prescription drug, dental, vision and long-term disability plans will not exceed twenty percent (20%) of the total cumulative cost of those plans. The total cumulative cost of the medical, prescription drug, dental and vision plans will be established by the University at the beginning of each plan year – the July 1, 2018 2021 through June 30, 2019 2022 and July 1, 2019 2022 through June 30, 2020 2023 benefit plan years respectively -- based on the full premium rates (or for self-insured plans rates equivalent to a fully insured rate, e.g. the COBRA rate) for each plan added together. The University will determine the amount, allocation and differentiation of employee premium contributions among its various health plan offerings (medical, prescription drug, dental and vision plans) for each plan year: July 1, 2018 2021 through June 30, 2019 2022 and July 1, 2019 2022 through June 30, 2020 2023 respectively.

Employee Premium Contributions. During the term of this agreement, the total cumulative amount of employee premium contributions for the medical, prescription drug, dental, vision and long-term disability plans will not exceed twenty percent (20%) of the total cumulative cost of those plans. The total cumulative cost of the medical, prescription drug, dental and vision plans will be established by the University at the beginning of each plan year – year- the July 1, 2018 2015 through June 30, 2019 30,2016 and July 1, 2019 2016 through June 30, 2020 30,2017 benefit plan years respectively -- respectively-- based on the full premium rates (or for self-insured plans rates equivalent to a fully insured rate, e.g. the COBRA rate) for each plan added together. The University will determine the amount, allocation and differentiation of employee premium contributions among its various health plan offerings (medical, prescription drug, dental and vision plans) for each plan year: July 1l, 2018 2015 through June 30, 2019 2016 and July 1, 2019 2016 through June 30, 2020 2017 respectively.