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

Family Coverage for Full-Time Employees. The district shall contribute an annual maximum of $13,000 toward the insurance premiums for each employee of the district who qualifies and is enrolled in a district sponsored group family health and hospitalization plan. Every year thereafter, the district shall contribute an additional $500 toward the annual insurance premium up to a $16,000 maximum. 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 employee. Any additional cost of the premium shall be borne by the employee and paid for by payroll deduction. Each employee participating in the district’s High-Deductible Plan (HDP) 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 HAS at the beginning of the insurance plan year for each employee of the district who qualifies for and is enrolled in a district group family coverage health and hospitalization plan. Employees shall have the option to choose any one of the district’s plans.

Family Coverage for Full-Time Employees. The Beginning January 1, 2021, the district shall contribute an annual maximum of $13,000 15,000 toward the insurance premiums premium for each employee of the district who that qualifies for and is enrolled in a district sponsored group family health and hospitalization plan. Every year thereafter, the district shall contribute an additional $500 toward the annual insurance premium up to a $16,000 maximum. 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 employee. Any additional cost of the premium shall be borne by the employee and paid for by payroll deduction. Employees shall have the option to choose any one of the district’s plans. Each employee participating in the district’s High-Deductible Plan (HDP) 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 HAS HSA at the beginning of the insurance plan year for each employee of the district who qualifies for and an is enrolled in a district group family coverage health and hospitalization plan. Employees scheduled for less than 235 days annually shall have the option to choose any one of the district’s plansreceive a prorated contribution toward their insurance benefits.

Family Coverage for Full-Time Employees. The district shall contribute an annual maximum of $13,000 toward the insurance premiums for each employee of the district who qualifies and is enrolled in a district sponsored group family health and hospitalization plan. Every year thereafter, the district shall contribute an additional $500 toward the annual insurance premium up to a $16,000 maximum. 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 employee. Any additional cost of the premium shall be borne by the employee and paid for by payroll deduction. Each employee participating in the district’s High-Deductible Plan (HDP) 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 HAS HSA at the beginning of the insurance plan year for each employee of the district who qualifies for and is enrolled in a district group family coverage health and hospitalization plan. Employees shall have the option to choose any one of the district’s plans.