Common use of HOSPITALIZATION AND LIFE INSURANCE Clause in Contracts

HOSPITALIZATION AND LIFE INSURANCE. Section 1. (a) The City will make available group insurance benefits in accordance with Attachment C or overall equivalent benefits provided by another carrier. Effective April 1, 2020, all employees shall contribute twelve percent (12%) of the City's costs (or the fully-insured equivalent rate) for family health insurance (hospitalization, prescription drug, dental and vision coverage) and twelve percent (12%) of the City's cost (or fully-insured equivalent rate) for single health insurance (hospitalization, prescription drug, dental and vision coverage). The City shall create a Section 125 plan, which will permit the employees to make the contributions on a pre-tax basis.

Appears in 2 contracts

Samples: dam.assets.ohio.gov, serb.ohio.gov

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HOSPITALIZATION AND LIFE INSURANCE. Section 1. (a) The City will shall maintain the current level of benefits and employee premium contributions in effect under the 2017-2019 Agreement through April 30, 2020. Effective May 1, 2020, the City shall make available group insurance benefits including health and dental in accordance with Attachment C the attached Exhibits A and B, as well as vision, or overall equivalent benefits provided by another carrier. Effective April May 1, 2020, all employees shall contribute twelve percent (12%) of the City's costs ’s cost (or the fully-insured equivalent COBRA rate) for family health insurance (of hospitalization, prescription drug, dental and vision coverage) and twelve percent (12%) of the City's cost (or fully-insured equivalent rate) for single health insurance (hospitalization, prescription drug, dental and vision coverage). The City shall create a Section 125 plan, which will permit the employees City to make the contributions on a pre-tax basis.

Appears in 1 contract

Samples: dam.assets.ohio.gov

HOSPITALIZATION AND LIFE INSURANCE. Section 1. (a) The City will make available group insurance benefits including health and vision in accordance with Attachment C attached Exhibit "A" or overall equivalent benefits provided by another carrier. Effective April 1In addition, 2020, all the City will make available group insurance benefits for single and family coverage provided through Xxxxxx Permanente HMO. All employees shall contribute twelve eight percent (128%) of the City's costs (or the fully-insured equivalent rate) premium for family health insurance (hospitalization, prescription drug, dental and vision coverage) and twelve eight percent (128%) of the City's cost (or fully-insured equivalent rate) premium for single health insurance insurance. However, employee contributions shall not exceed forty-five dollars (hospitalization, prescription drug, dental and vision coverage)$45.00) per month. The City shall create a Section 125 plan, which will permit the employees City to make the contributions on a pre-tax basis.

Appears in 1 contract

Samples: serb.ohio.gov

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HOSPITALIZATION AND LIFE INSURANCE. Section 1. (a) The City will make available group insurance benefits including health and vision in accordance with Attachment C attached Exhibit "A" or overall equivalent benefits provided by another carrier. Effective April 1In addition, 2020, all the City will make available group insurance benefits for single and family coverage provided through Xxxxxx Permanente HMO. All employees shall contribute twelve eight percent (128%) of the City's costs (or the fully-insured equivalent rate) premium for family health insurance (hospitalization, prescription drug, dental and vision coverage) and twelve eight percent (128%) of the City's cost (or fully-insured equivalent rate) premium for single health insurance insurance. However, employee contributions shall not exceed forty-five dollars (hospitalization, prescription drug, dental and vision coverage)$45.00) per month. The City shall create a Section 125 plan, which will permit the employees City to make the contributions on a pre-tax basis.

Appears in 1 contract

Samples: serb.ohio.gov

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