Common use of HOSPITALIZATION AND MAJOR MEDICAL INSURANCE Clause in Contracts

HOSPITALIZATION AND MAJOR MEDICAL INSURANCE. The Board agrees to provide hospitalization, health and major medical insurance for each teacher, through a carrier and policy agreed upon by the LEA and the LSC. For the plan renewal period beginning January 1, 2022 2023: 1. For Plan A, the Board of School Trustees shall pay an amount equal to the 90% contribution to a single plan under Plan B and an amount equal to the 70% contribution to a family plan under Plan B. Contributions for Plan A single and family are frozen at the Feb. 1, 2013 level. 2. For Plan B, the Board of School Trustees shall pay 90% towards the cost of a single plan and 70% towards the cost of a family plan. 3. For Plan C, the Board of School Trustees shall pay all but $1.00 towards the cost of a single plan. The $1.00 employee contribution will be payroll deducted from the first check in January and is non-refundable. The Board of School Trustees will pay an amount equal to the 70% contribution to a family plan under Plan B. 4. In 2022, the board will contribute $1,500 to a single plan HSA and $3,000 to a family plan HSA. The board contribution will be deposited quarterly by January 10, April 10, July 10 and October 10 of 2022. 5. For the following insurance start dates, the HSA contributions will be pro-rated as follows: January 1-April 1 100% April 2- July 1 75% July 2-October 1 50% October 2-December 31 25% 6. Annual movement from plan to plan will be permissible as renewal information becomes available with all changes to be reported by the plan participant in writing no later than the close of the business day on November 15 prior to the January 1 renewal date. 7. For new teachers hired effective with the 2005-2006 school year the Board of School Trustees shall pay the entire health insurance premium less $0.24 (twenty- four cents) annually for each of the single plan policies of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. The $0.24 (twenty-four cents) will be payroll deducted from the first paycheck in January and is non-refundable. The Board of School Trustees shall pay 80% of the cost of the family plan policy of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. 8. Teachers who have received the family health insurance plan by paying the two- employee rate of $0.02 per month prior to the 2005-2006 school year shall continue to receive this benefit according to past practice by paying the two- employee rate of $0.96 (ninety-six cents) annually beginning in January, 2018. The $0.96 (ninety-six cents) will be payroll deducted from the first paycheck in January and is non-refundable. 9. The Board will continue to make available a Section 125 Plan. If permitted by IRS regulations, the parties agree to permit retirees and early retirees to shelter their insurance premium payments through the plan.

HOSPITALIZATION AND MAJOR MEDICAL INSURANCE. The Board agrees to provide hospitalization, health and major medical insurance for each teacher, through a carrier and policy agreed upon by the LEA and the LSC. For the plan renewal period beginning January 1, 2022 20232022: 1. For Plan A, the Board of School Trustees shall pay an amount equal to the 90% contribution to a single plan under Plan B and an amount equal to the 70% contribution to a family plan under Plan B. Contributions for Plan A single and family are frozen at the Feb. 1, 2013 level. 2. For Plan B, the Board of School Trustees shall pay 90% towards the cost of a single plan and 70% towards the cost of a family plan. 3. For Plan C, the Board of School Trustees shall pay all but $1.00 towards the cost of a single plan. The $1.00 employee contribution will be payroll deducted from the first check in January and is non-refundable. The Board of School Trustees will pay an amount equal to the 70% contribution to a family plan under Plan B. 4. In 2022, the board will contribute $1,500 to a single plan HSA and $3,000 to a family plan HSA. The board contribution will be deposited quarterly by January 10, April 10, July 10 and October 10 of 2022. 5. For the following insurance start dates, the HSA contributions will be pro-rated as follows: : January 1-1- April 1 100% April 2- July 1 75% July 2-October 1 50% October 2-December 31 25% 6. Annual movement from plan to plan will be permissible as renewal information becomes available with all changes to be reported by the plan participant in writing no later than the close of the business day on November 15 prior to the January 1 renewal date. 7. For new teachers hired effective with the 2005-2006 school year the Board of School Trustees shall pay the entire health insurance premium less $0.24 (twenty- four cents) annually for each of the single plan policies of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. The $0.24 (twenty-four cents) will be payroll deducted from the first paycheck in January and is non-refundable. The Board of School Trustees shall pay 80% of the cost of the family plan policy of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. 8. Teachers who have received the family health insurance plan by paying the two- employee rate of $0.02 per month prior to the 2005-2006 school year shall continue to receive this benefit according to past practice by paying the two- employee rate of $0.96 (ninety-six cents) annually beginning in January, 2018. The $0.96 (ninety-six cents) will be payroll deducted from the first paycheck in January and is non-refundable. 9. The Board will continue to make available a Section 125 Plan. If permitted by IRS regulations, the parties agree to permit retirees and early retirees to shelter their insurance premium payments through the plan.

HOSPITALIZATION AND MAJOR MEDICAL INSURANCE. The Board agrees to provide hospitalization, health and major medical insurance for each teacher, through a carrier and policy agreed upon by the LEA and the LSC. For the plan renewal period beginning January 1, 2022 20232022: 1. For Plan A, the Board of School Trustees shall pay an amount equal to the 90% contribution to a single plan under Plan B and an amount equal to the 70% contribution to a family plan under Plan B. Contributions for Plan A single and family are frozen at the Feb. 1, 2013 level. 2. For Plan B, the Board of School Trustees shall pay 90% towards the cost of a single plan and 70% towards the cost of a family plan. 3. For Plan C, the Board of School Trustees shall pay all but $1.00 towards the cost of a single plan. The $1.00 employee contribution will be payroll deducted from the first check in January and is non-refundable. The Board of School Trustees will pay an amount equal to the 70% contribution to a family plan under Plan B. 4. In 2022, the board will contribute $1,500 to a single plan HSA and $3,000 to a family plan HSA. The board contribution will be deposited quarterly by January 10, April 10, July 10 and October 10 of 2022. 5. For the following insurance start dates, the HSA contributions will be pro-rated as follows: January 1-April 1 100% April 2- July 1 75% July 2-October 1 50% October 2-December 31 25% 6. Annual movement from plan to plan will be permissible as renewal information becomes available with all changes to be reported by the plan participant in writing no later than the close of the business day on November 15 prior to the January 1 renewal date. 7. For new teachers hired effective with the 2005-2006 school year the Board of School Trustees shall pay the entire health insurance premium less $0.24 (twenty- four cents) annually for each of the single plan policies of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. The $0.24 (twenty-four cents) will be payroll deducted from the first paycheck in January and is non-refundable. The Board of School Trustees shall pay 80% of the cost of the family plan policy of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. 8. Teachers who have received the family health insurance plan by paying the two- employee rate of $0.02 per month prior to the 2005-2006 school year shall continue to receive this benefit according to past practice by paying the two- employee rate of $0.96 (ninety-six cents) annually beginning in January, 2018. The $0.96 (ninety-six cents) will be payroll deducted from the first paycheck in January and is non-refundable. 9. The Board will continue to make available a Section 125 Plan. If permitted by IRS regulations, the parties agree to permit retirees and early retirees to shelter their insurance premium payments through the plan.

HOSPITALIZATION AND MAJOR MEDICAL INSURANCE. The Board agrees to provide hospitalization, health and major medical insurance for each teacher, through a carrier and policy agreed upon by the LEA and the LSC. For the plan renewal period beginning January 1, 2022 20232018: 1. For Plan A, the Board of School Trustees shall pay an amount equal to the 90% contribution to a single plan under Plan B and an amount equal to the 70% contribution to a family plan under Plan B. Contributions for Plan A single and family are frozen at the Feb. 1, 2013 level. 2. For Plan B, the Board of School Trustees shall pay 90% towards the cost of a single plan and 70% towards the cost of a family plan. 3. For Plan C, the Board of School Trustees shall pay all but $1.00 towards the cost of a single plan. The $1.00 employee contribution will be payroll deducted from the first check in January and is non-refundable. The Board of School Trustees will pay an amount equal to the 70% contribution to a family plan under Plan B. 4. In 20222018, the board will contribute $1,500 to a single plan HSA and $3,000 to a family plan HSA. The board contribution will be deposited quarterly by January 10, April 10, July 10 and October 10 of 20222018. 5. For the following insurance start dates, the HSA contributions will be pro-rated as follows: : January 1-1- April 1 100% April 2- July 1 75% July 2-October 1 50% October 2-December 31 25% 6. Annual movement from plan to plan will be permissible as renewal information becomes available with all changes to be reported by the plan participant in writing no later than the close of the business day on November 15 prior to the January 1 renewal date. 7. For new teachers hired effective with the 2005-2006 school year the Board of School Trustees shall pay the entire health insurance premium less $0.24 (twenty- four cents) annually for each of the single plan policies of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. The $0.24 (twenty-four cents) will be payroll deducted from the first paycheck in January and is non-refundable. The Board of School Trustees shall pay 80% of the cost of the family plan policy of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. 8. Teachers who have received the family health insurance plan by paying the two- employee rate of $0.02 per month prior to the 2005-2006 school year shall continue to receive this benefit according to past practice by paying the two- employee rate of $0.96 (ninety-six cents) annually beginning in January, 2018. The $0.96 (ninety-six cents) will be payroll deducted from the first paycheck in January and is non-refundable. 9. The Board will continue to make available a Section 125 Plan. If permitted by IRS regulations, the parties agree to permit retirees and early retirees to shelter their insurance premium payments through the plan.

HOSPITALIZATION AND MAJOR MEDICAL INSURANCE. The Board agrees to provide hospitalization, health and major medical insurance for each teacher, through a carrier and policy agreed upon by the LEA and the LSC. For the plan renewal period beginning January January. 1, 2022 2023: 1. 2014: For Plan A, the Board of School Trustees shall pay an amount equal to the 90% contribution to a single plan under Plan B and an amount equal to the 70% contribution to a family plan under Plan B. Contributions for Plan A single and family are frozen at the Feb. 1, 2013 level. 2. For Plan B, the Board of School Trustees shall pay 90% towards the cost of a single plan and 70% towards the cost of a family plan. 3. For Plan C, the Board of School Trustees shall pay all but $1.00 towards the cost of a single plan. The $1.00 employee contribution will be payroll deducted from the first check in January plan and is non-refundable. The Board of School Trustees will pay an amount equal to the 70% contribution to a family plan under Plan B. 4B. In 2014, the board will contribute $1,500 to a single plan HSA and $3,000 to a family plan HSA. The board contributions will be deposited semi-annually by January 10, 2014 and July 10, 2014. In 20222015, the board will contribute $1,500 to a single plan HSA and $3,000 to a family plan HSA. The board contribution will be deposited quarterly by January 10, April 10, July 10 and October 10 of 2022. 52015. For the following insurance start dates, the HSA contributions will be pro-rated as follows: : January 1-1- April 1 100% April 2- July 1 75% July 2-October 1 50% October 2-December 31 25% 6. % Annual movement from plan to plan will be permissible as renewal information becomes available with all changes to be reported by the plan participant in writing no later than the close of the business day on November 15 prior to the January 1 renewal date. 7. For new teachers hired effective with the 2005-2006 school year the Board of School Trustees shall pay the entire health insurance premium less two cents ($0.24 (twenty- four cents0.02) annually per month for each of the single plan policies of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. The $0.24 (twenty-four cents) will be payroll deducted from the first paycheck in January and is non-refundable. The Board of School Trustees shall pay 80% of the cost of the family plan policy of spouses who are both eligible for health insurance coverage in the Lafayette School Corporation. 8. Teachers who have received the family health insurance plan by paying the two- two employee rate of $0.02 per month prior to the 2005-2006 school year shall continue to receive this benefit according to past practice by paying the two- two employee rate of $0.96 (ninety-six cents) annually 0.04 per month beginning in JanuarySeptember, 2018. The $0.96 (ninety-six cents) will be payroll deducted from the first paycheck in January and is non-refundable. 92005. The Board will continue to make available a Section 125 Plan. If permitted by IRS regulations, the parties agree to permit retirees and early retirees to shelter their insurance premium payments through the plan.