Health Insurance Premium Rebate. a. If during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cycles.
Appears in 11 contracts
Samples: digitalcommons.library.umaine.edu, afum.info, www.maine.edu
Health Insurance Premium Rebate. a. If during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cycles.
Appears in 4 contracts
Samples: digitalcommons.library.umaine.edu, www.maine.edu, staticweb.maine.edu
Health Insurance Premium Rebate. a. If 1. If, during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cycles.
Appears in 4 contracts
Samples: Agreement, digitalcommons.library.umaine.edu, Agreement
Health Insurance Premium Rebate. a. If during the term of this Agreement, Agreement the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 2012, and each two two-year period thereafter thereafter, exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cyclesthe 3rd quarter of the following year.
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Health Insurance Premium Rebate. a. If during the term of this Agreement, agreement the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, in the third quarter of 2013 and each corresponding September third quarter in subsequent two year cycles.
Appears in 3 contracts
Samples: digitalcommons.library.umaine.edu, www.maine.edu, www.acsum.org
Health Insurance Premium Rebate. a. If 1. If, during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cycles2013.
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Health Insurance Premium Rebate. a. a) If during the term of this Agreement, agreement the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 2013 through December 31, 2012 and each two year period thereafter exceeds 2014exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cyclesthe 3rd quarter of 2015.
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Health Insurance Premium Rebate. a. If during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 2011, through December 31, 2012 2012, and each two year period thereafter thereafter, exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 2013, and each corresponding September in subsequent two year cycles.
Appears in 2 contracts
Samples: www.maine.edu, www.maine.edu
Health Insurance Premium Rebate. a. If during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 2011, through December 31, 2012 2012, and each two year period thereafter thereafter, exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 2013, and each corresponding September in subsequent two year cycles.
Appears in 2 contracts
Samples: www.maine.edu, myumpsa.org
Health Insurance Premium Rebate. a. If during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 2009 through December 31, 2012 and each two year period thereafter 2010 exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cycles2011.
Appears in 2 contracts
Samples: www.maine.edu, www.umpi.edu
Health Insurance Premium Rebate. a. If during the term of this Agreement, Agreement the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cyclesthe 3rd quarter of 2013.
Appears in 1 contract
Samples: digitalcommons.library.umaine.edu
Health Insurance Premium Rebate. a. a) If during the term of this Agreement, agreement the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 2013, through December 31, 2012 2014, and each two two-year period thereafter thereafter, exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cyclesthe 3rd quarter of the following year.
Appears in 1 contract
Samples: Agreement
Health Insurance Premium Rebate. a. If during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 2013, and each corresponding September in subsequent two two-year cycles.
Appears in 1 contract
Samples: Agreement
Health Insurance Premium Rebate. a. If during the term of this Agreement, agreement the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, in the third quarter of 2013 and each corresponding September third quarter in subsequent two year cycles.
Appears in 1 contract
Samples: staticweb.maine.edu
Health Insurance Premium Rebate. a. If during the term of this Agreement, agreement the UMS Group Health Plan continues to operate on a self-insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cyclesthe third quarter of 2013.
Appears in 1 contract
Samples: www.umpi.edu
Health Insurance Premium Rebate. a. If 1. If, during the term of this Agreement, the UMS Group Health Plan continues to operate on a self-self- insured basis and the total aggregate premium amount for the two-year period January 1, 2011 through December 31, 2012 and each two year period thereafter exceeds the total aggregate costs paid to the insurer for the same period for claims and other expenses by equal to or exceeding 1%, unit members will receive a proportionate rebate of premiums paid based upon their level of coverage at the time the rebate is paid. The rebate will be paid no later than September 30, 2013 and each corresponding September in subsequent two year cycles.
Appears in 1 contract
Samples: Agreement