Common use of Hospital, Medical, and Major Medical Insurance Clause in Contracts

Hospital, Medical, and Major Medical Insurance. This insurance may take the form of a PPO, an HMO, and/or a self-insurance plan. Teachers will also have access to a separate high-deductible PPO plan or the separate Blue Advantage HMO plan. Teachers who have single medical insurance coverage agree to pay 3% of the cost for single coverage, while the Board agrees to pay 97% of the cost of single insurance coverage. Teachers who elect to have family medical insurance coverage agree to pay 33% of the cost, while the Board agrees to pay 67% of the cost for family coverage. These percentages are subject to the Board contribution being capped at 6% over the previous calendar year.