Common use of Health Plan Premiums Clause in Contracts

Health Plan Premiums. Full-time Unit Member costs, contributions, and other design features for the Columbia College Chicago Health Plan, and the formula for premium-sharing for the HMO Plan, will remain at current levels for benefit years 2022 and 2023. The following take effect for full-time Unit Members in benefit year 1/1/2024-12/31/2024: Plan Option Monthly Premiums With BHS Without BHS EE Only Employee Only PPO $71.09 $121.09 Dental $10.00 $10.00 Vision $5.00 $5.00 Family Family PPO $175.55 $323.55 Dental $17.00 $17.00 Vision $9.00 $9.00 The following Plan Design features will continue to apply to full-time Unit Members: Deductible – Single $325.00 $400.00 Deductible – Family $850.00 $1,200.00 Out of Pocket – Single $1,600.00 $2,000.00 Out of Pocket – Family $3,000.00 $4,000.00 Employee Coinsurance 15% after deductible 30% after deductible Generic $10.00 Formulary $20.00 Non Formulary 50% Generic $20.00 Formulary $40.00 Non Formulary 50% Dental and Vision Plans: Beginning with the 2023 benefit year, full-time Unit Members will have the option to enroll in the Premium Plans for an additional cost, subject to any premium and plan design changes made by the College from time to time (all governing terms contained in the applicable Full-Time Staff Benefits Guide (Non-union)). Beginning with the 2023 benefit year, any full-time Unit Member can opt to instead enroll in the College’s High Deductible Health Plan (HDHP), subject to any premium and plan design changes made by the College from time to time (all governing terms contained in the applicable Full-Time Staff Benefits Guide (Non- union)).