Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: Premium contribution: $949.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $999.00 per month Premium contribution: $963.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $1013.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 3 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: July 1, 2023 to June 30, 2024: Premium contribution: $949.00 $ 1,065.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $999.00 $ 1,115.00 per month July 1, 2024 to June 30, 2025: Premium contribution: $963.00 $ 1,065.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $1013.00 $ 1,115.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 1 contract
Samples: Master Agreement
Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: Premium contribution: $949.00 858.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $999.00 908.00 per month Premium contribution: $963.00 894.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $1013.00 944.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 1 contract
Samples: Master Agreement
Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: July 1, 2021 to June 30, 2022: Premium contribution: $949.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $999.00 per month Premium contribution: $963.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $1013.00 $ 1,013.00 per month July 1, 2022to June 30, 2023: Premium contribution: $ 963.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $ 1,013.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 1 contract
Samples: Master Agreement
Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: Premium contribution: $949.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $999.00 per month Premium contribution: $963.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contributiondistrict contribution: $1013.00 $ 1,013.00 per month Premium contribution: $ 963.00 per month HRA (VEBA) contribution: $ 50.00 per month Total district contribution: $ 1,013.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 1 contract
Samples: Master Agreement
Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: Premium contribution: $949.00 $ 876.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contributiondistrict contribution: $999.00 $ 926.00 per month Premium contribution: $963.00 $ 895.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contributiondistrict contribution: $1013.00 $ 945.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 1 contract
Samples: Master Agreement
Family Coverage. High Deductible with HRA (VEBA): The school district shall provide monthly a sum of money toward the premium for family coverage for eligible employees of the school district who qualify for and are enrolled in the school district’s high deductible group health and hospitalization plan. In addition, the school district will make a contribution on behalf of such employees to a Health Reimbursement Arrangement (HRA) established by the district in accordance with IRS Notice 2002-45 and Revenue Ruling 2002-41, from which employees may obtain reimbursement of expenses for medical care (as that term is defined in Section 213(d) of the Internal Revenue Code). The sums provided by the school district shall be as follows: July 1, 2023 to June 30, 2024: Premium contribution: $949.00 $ 1,065.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $999.00 $ 1,115.00 per month Premium contribution: $963.00 $ 1,065.00 per month HRA (VEBA) contribution: $ 50.00 per month Total District Contribution: $1013.00 $ 1,115.00 per month The cost of the premium not contributed by the school district shall be borne by the employee and paid by payroll deduction.
Appears in 1 contract
Samples: Master Agreement