Common use of Health Plan Premium Clause in Contracts

Health Plan Premium. 1. The District will pay the premium cost for health benefits coverage for both retiree and the eligible spouse at the annual approved premium rate, but not to exceed the total dollar amount allotted to full-time employees in service with the District. 2. In the event the premium cost for the retiree and eligible spouse exceeds the total amount allotted employees in service with the District, an option will be given to the retiree to make supplementary payments to the District in order to maintain coverage for his/her spouse; otherwise, the District’s contribution shall be limited to the premium of the retiree’s health coverage.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

AutoNDA by SimpleDocs

Health Plan Premium. 1. The District will pay the premium cost for health benefits coverage for both retiree 4 and the eligible spouse at the annual approved premium rate, but not to exceed 5 the total dollar amount allotted to full-time employees in service with the District. 2. In the event the premium cost for the retiree and eligible spouse exceeds the total amount allotted employees in service with the District, an option will be given to the retiree to make supplementary payments to the District in order to maintain coverage for his/her spouse; otherwise, the District’s contribution shall be limited to the premium of the retiree’s health coverage.

Appears in 1 contract

Samples: Master Agreement

Health Plan Premium. 1. The District will pay for the premium cost for health benefits benefit coverage for both the retiree and the eligible spouse at the annual approved premium rate, but not to exceed the total dollar amount allotted to full-full- time employees in service with the District. 2. In the event the premium cost for the retiree and eligible spouse exceeds the total amount allotted employees in service with the District, an option will be given to the retiree to make supplementary payments to the District in order to maintain coverage for his/her spouse; otherwise, the District’s contribution shall be limited to the premium of the retiree’s health coverage.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

Health Plan Premium. 1. 18.1.4.1 The District will pay for the premium cost for health benefits benefit coverage for both the retiree and the eligible spouse at the annual approved premium rate, but not to exceed the total dollar amount allotted to full-time employees in service with the District. 2. 18.1.4.2 In the event the premium cost for the retiree and eligible spouse exceeds the total amount allotted employees in service with the District, an option will be given to the retiree to make supplementary payments to the District in order to maintain coverage for his/her spouse; otherwise, the District’s 's contribution shall be limited to the premium of the retiree’s 's health coverage.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!