Common use of Family Coverage for Full-Time Employees Clause in Contracts

Family Coverage for Full-Time Employees. The district shall contribute a monthly sum not to exceed 50% of the lowest deductible, high-deductible plan toward the insurance premiums for each teacher employed by the district who qualifies for and is enrolled in a district sponsored group family health and hospitalization plan. (For example, if the district has a $4,400 HDP and $6,000 HDP, district contributions would be calculated using the $4,400 HDP). District contributions for health insurance premiums will be spread evenly throughout the participation year. If the School District contribution exceeds the premium cost, no reimbursement will be made to the teacher. Any additional cost of the premium shall be borne by the employee and paid for by payroll deduction. Each teacher participating in the district’s High-Deductible Plans family insurance coverage will establish a qualifying Health Savings Account (HSA). The district shall deposit an amount equal to the deductible of the equivalent single coverage high-deductible plan, not to exceed the IRS contribution limit, into the employee’s HSA at the beginning of the insurance plan year for each teacher employed by the district who qualifies for and is enrolled in a district group family coverage health and hospitalization plan.

Family Coverage for Full-Time Employees. The Beginning January 1, 2021, the district shall contribute a monthly sum not to exceed 50% of the lowest deductible, high-deductible plan toward the insurance premiums for each teacher employed by the district educational assistant who qualifies for and an is enrolled in a district sponsored group family health and hospitalization plan. (For example, if the district has a $4,400 HDP and $6,000 HDP, district contributions would contribution will be calculated using the $4,400 HDP). District contributions for health insurance premiums will be spread evenly throughout the participation year. If the School District contribution exceeds the premium cost, no reimbursement will be made to the teachereducational assistant. Any additional cost of the premium shall be borne by the employee and paid for by payroll deduction. Educational assistants shall have the option to choose any one of the district’s plans. Each teacher educational assistant participating in the district’s High-Deductible Plans family insurance coverage will establish a qualifying Health Savings Account (HSA). The district shall deposit an amount equal to the deductible of the equivalent single coverage high-deductible plan, not to exceed the IRS contribution limit, into the employee’s HSA at the beginning of the insurance plan year for each teacher educational assistant employed by the district who qualifies for and is enrolled in a district group family coverage health and hospitalization plan.