Common use of GROUP BENEFITS/INSURANCE Clause in Contracts

GROUP BENEFITS/INSURANCE. Section 1. Health and Hospitalization Insurance for Full-Time Employees (employees scheduled to work 32 or more hours weekly): The selection of insurance carriers and policies will be made by the School District. Subd. 1. District Contributions for Basic Group Health and Hospitalization Plans: The District will contribute up to the following amounts towards the District’s Group Health Insurance premiums for full time employees. Any portion of the premium that exceeds the District contribution will be paid by the employee and paid by payroll deduction. Effective July 1, 2018 – December 31, 2018 Single Employee +1 Family High/ Value $574.24 $893.02 $1,430.79 HSA Plan $436.03 $854.96 $1,367.94 Effective January 1, 2019 – December 31, 2019 Single Employee +1 Family High/ Value $575.22 $893.02 $1,430.79 HSA Plan $441.91 $865.65 $1,385.04 Effective January 1, 2020 Single Employee +1 Family High/ Value $586.72 $910.88 $1,459.41 HSA Plan $450.75 $874.31 $1,398.89 District contributions to the HSA trust account will be made each month. Contributions for July will be made at the same time as the August contribution. In the event of hardship, the parties agree to meet and confer to discuss alternatives to the contribution timelines. The school district will pay all administrative fees associated with the plan. ● Single HSA Coverage: $200 per month ● Employee+1 Coverage: $400 per month ● Family Coverage: $400 per month

Appears in 2 contracts

Samples: Agreement on Terms, Agreement on Terms

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GROUP BENEFITS/INSURANCE. Section 1. Health and Hospitalization Insurance for Full-Time Employees (employees scheduled to work 32 or more hours weekly): The selection of insurance carriers and policies will be made by the School District. Subd. 1. District Contributions for Basic Group Health and Hospitalization Plans: The District will contribute up to the following amounts towards the District’s Group Health Insurance premiums for full time employees. Any portion of the premium that exceeds the District contribution will be paid by the employee and paid by payroll deduction. Effective July 1, 2018 2020 – December 31, 2018 Single Employee +1 Family High/ Value $574.24 $893.02 $1,430.79 HSA Plan $436.03 $854.96 $1,367.94 Effective January 1, 2019 – December 31, 2019 Single Employee +1 Family High/ Value $575.22 $893.02 $1,430.79 HSA Plan $441.91 $865.65 $1,385.04 Effective January 1, 2020 Single Employee +1 Family High/ Value $586.72 $910.88 $1,459.41 HSA Plan $450.75 $874.31 $1,398.89 Effective January 1, 2021 – December 31, 2021 Single Employee +1 Family High/ Value $598.45 $929.10 $1488.60 HSA Plan $464.27 $900.54 $1,440.86 Effective January 1, 2022 Single Employee +1 Family High/ Value $610.42 $947.68 $1,518.37 HSA Plan $478.20 $927.56 $1,484.08 District contributions to the HSA trust account will be made each month. Contributions for July will be made at the same time as the August contribution. In the event of hardship, the parties agree to meet and confer to discuss alternatives to the contribution timelines. The school district will pay all administrative fees associated with the plan. ● Single HSA Coverage: $200 per month ● Employee+1 Coverage: $400 per month ● Family Coverage: $400 per month

Appears in 2 contracts

Samples: Agreement on Terms, Agreement on Terms

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