Common use of HMO Clause in Contracts

HMO. Those staff members who are eligible to select the Health Maintenance Organization (HMO) coverage must make their decision within the guidelines and time frame established by the HMO; staff members selecting HMO coverage must remain in the HMO program for a one-year period unless said program is withdrawn by the HMO group. In the event the cost of single HMO coverage exceeds the Board's equivalent cost of single Board-sponsored coverage, the employee shall make up the difference. Likewise, if the cost of family HMO coverage exceeds the Board's equivalent cost of family Board- sponsored coverage, the employee shall make up the difference. If the HMO program selected by the employee costs less than the cost of the appropriate hospitalization/surgical medical coverage, the Board's obligation will be limited to the actual cost of the HMO coverage selected.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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HMO. Those staff Staff members who are eligible to select the Health Maintenance Organization (HMO) coverage must make their decision within the guidelines and time frame established by the HMO; staff members selecting HMO coverage must remain in the HMO program for a one-year period unless said program is withdrawn by the HMO group. In the event the cost of single HMO coverage exceeds the Board's equivalent cost of single Board-sponsored coverage, the employee shall make up the difference. Likewise, ; likewise if the cost of family HMO coverage exceeds the Board's equivalent cost of family Board- Board-sponsored coverage, the employee shall make up the difference. If the HMO program selected by the employee costs less than the cost of the appropriate hospitalization/surgical medical coverage, the Board's obligation will be limited to the actual cost of the HMO coverage selected.

Appears in 4 contracts

Samples: Elementary Supplemental Contracts, Elementary Supplemental Contracts, Elementary Supplemental Contracts

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