Group Insurance Benefits. Effective July 1, 2007, the Town of Belmont will pay 80% of the cost of the premium for the HMO health insurance plan, and members of the bargaining unit will pay 20% of the cost. Upon agreement by all town and school unions, the Town of Belmont will pay 75% of the cost of the premium for the PPO health insurance plan, and members of the bargaining unit will pay 25% of the cost. Subject to agreement by school and town unions, the BEA agrees to the following plan design changes: • Office Visit Co-Pay from $5.00 per office visit to $15.00 per office visit. • Prescription Drug Co-Pay from $5/$10/$25 to $5/$25/$40 the Town of Belmont provides by vote any improvements in group health, dental, and/or life insurance benefits, then these benefits will accrue to members of Unit.
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Group Insurance Benefits. Effective July 1, 2007, the Town of Belmont will pay 80% of the cost of the premium for the HMO health insurance plan, and members of the bargaining unit will pay 20% of the cost. Upon agreement by all town and school unions, the Town of Belmont will pay 75% of the cost of the premium for the PPO health insurance plan, and members of the bargaining unit will pay 25% of the cost. Subject to agreement by school and town unions, the BEA agrees to the following plan design changes: • Office Visit Co-Pay from $5.00 per office visit to $15.00 per office visit. • Prescription Drug Co-Pay from $5/$10/$25 to $5/$25/$40 the Town of Belmont provides by vote any improvements in group health, dental, and/or life insurance benefits, then these benefits will accrue to members of Unit.
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Group Insurance Benefits. Effective July 1, 2007, the Town of Belmont will pay 80% of the cost of the premium for the HMO health insurance plan, and members of the bargaining unit will pay 20% of the cost. Upon agreement by all town and school unions, the Town of Belmont will pay 75% of the cost of the premium for the PPO health insurance plan, and members of the bargaining unit will pay 25% of the cost. Subject to agreement by school and town unions, the BEA agrees to the following plan design changes: • Office Visit Co-Pay from $5.00 per office visit to $15.00 per office visit. • Prescription Drug Co-Pay from $5/$10/$25 to $5/$25/$40 the Town of Belmont provides by vote any improvements in group health, dental, and/or life insurance benefits, then these benefits will accrue to members of Unit.
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Samples: Agreement
