Common use of Hospitalization and Medical Insurance Clause in Contracts

Hospitalization and Medical Insurance. A. The HESE Wellness and optional HDHP Medical Plans shall be available for all employees. 1. The insurance premium for teachers will be a percentage of the premium costs for hospitalization and medical insurance for single and family coverage as listed below for the duration of this agreement. Employee Contributions for Insurance: Subject to the following caps: Family Medical 2016-17 15% not to exceed $170.00/month 2017-18 15% not to exceed $181.00/month 2018-19 15% not to exceed $193.00/month Single Medical 2016-17 15% not to exceed $76.00/month 2017-18 15% not to exceed $82.00/month 2018-19 15% not to exceed $88.00/month High Deductible Plan: 2016-19 5% 2. Provided a summary of the Plan Document is available, said document shall be included as a Schedule of Benefits and attached to this Agreement as Xxxxxxxx X-0, X-0, X-0, X-0. 0. In the event the Board receives a medical, dental, vision, and/or prescription “premium holiday(s)” from its insurance carrier or provider, the member shall also receive a “premium holiday(s)” in an amount equal to their contribution. 4. Retire-rehire teachers are not eligible for “premium holiday(s).” B. Section 125 (Flex Save) Plan Teachers shall have an IRS Section 125 flexible spending account established for them on an annual basis. The flexible spending account shall be in the amount of $500 contributed by the Board for families and $250 for singles with the Board matching teacher contributions dollar for dollar for an additional $500 for families and $250 for singles. C. Section 125 Plan 1. The Board shall provide to teachers Flexible Spending Accounts (FSAs) or a Section 125 Plan, according to Federal Law. The FSAs will have a third-party administrator selected and paid by the Board. 2. Teachers are permitted to participate in the Section 125 Plan on a voluntary basis in accordance with Federal law. 3. Each year on January 1, up to $500 of all remaining money in each teacher’s FSA shall be carried over into the new year. 4. In the event a Rif’d teacher returns to employment or a new hire is employed after the enrollment period and/or after the availability date of January 1, such teacher shall have his/her monies stated in 13.01 prorated on the remaining calendar days in the plan year and made available within ten (10) calendar days of reinstatement or hire.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Hospitalization and Medical Insurance. A. The HESE Wellness and optional HDHP Medical Plans shall be available for all employees. 1. The insurance premium for teachers will be a percentage of the premium costs for hospitalization and medical insurance for single and family coverage as listed below for the duration of this agreement. Employee Contributions for Insurance: Subject to the following caps: Family Medical 20162021-17 22 15% not to exceed $170.00243.00/month 20172022-18 23 15% not to exceed $181.00243.00/month 20182023-19 24 15% not to exceed $193.00259.00/month Single Medical 20162021-17 22 15% not to exceed $76.00111.00/month 20172022-18 23 15% not to exceed $82.00111.00/month 20182023-19 24 15% not to exceed $88.00118.00/month High Deductible Plan: 20162022-19 24 5% 2. Provided a summary of the Plan Document is available, said document shall be included as a Schedule of Benefits and attached to this Agreement as Xxxxxxxx X-0, X-0, X-0, X-0. 0. In the event the Board receives a medical, dental, vision, and/or prescription “premium holiday(s)” from its insurance carrier or provider, the member shall also receive a “premium holiday(s)” in an amount equal to their contribution. 4. Retire-rehire teachers are not eligible for “premium holiday(s).” B. Section 125 (Flex Save) Plan Teachers shall have an IRS Section 125 flexible spending account established for them on an annual basis. The flexible spending account shall be in the amount of $500 contributed by the Board for families and $250 for singles with the Board matching teacher contributions dollar for dollar for an additional $500 for families and $250 for singles. C. Section 125 Plan 1. The Board shall provide to teachers Flexible Spending Accounts (FSAs) or a Section 125 Plan, according to Federal Law. The FSAs will have a third-third- party administrator selected and paid by the Board. 2. Teachers are permitted to participate in the Section 125 Plan on a voluntary basis in accordance with Federal law. 3. Each year on January 1, up to $500 of all remaining money in each teacher’s FSA shall be carried over into the new year. 4. In the event a Rif’d teacher returns to employment or a new hire is employed after the enrollment period and/or after the availability date of January 1, such teacher shall have his/her monies stated in 13.01 prorated on the remaining calendar days in the plan year and made available within ten (10) calendar days of reinstatement or hire.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Hospitalization and Medical Insurance. A. The HESE Wellness and optional HDHP Medical Plans shall be available for all employees. 1. The insurance premium for teachers will be a percentage of the premium costs for hospitalization and medical insurance for single and family coverage as listed below for the duration of this agreement. Employee Contributions for Insurance: Subject to the following caps: Family Medical 20162019-17 20 15% not to exceed $170.00208.00/month 20172020-18 21 15% not to exceed $181.00225.00/month 20182021-19 22 15% not to exceed $193.00243.00/month Single Medical 20162019-17 20 15% not to exceed $76.0095.00/month 20172020-18 21 15% not to exceed $82.00103.00/month 20182021-19 22 15% not to exceed $88.00111.00/month High Deductible Plan: 20162019-19 22 5% 2. Provided a summary of the Plan Document is available, said document shall be included as a Schedule of Benefits and attached to this Agreement as Xxxxxxxx X-0Appendix H-1, X-0H-2, X-0H-3, X-0H-4. 03. In the event the Board receives a medical, dental, vision, and/or prescription “premium holiday(s)” from its insurance carrier or provider, the member shall also receive a “premium holiday(s)” in an amount equal to their contribution. 4. Retire-rehire teachers are not eligible for “premium holiday(s).” B. Section 125 (Flex Save) Plan Teachers shall have an IRS Section 125 flexible spending account established for them on an annual basis. The flexible spending account shall be in the amount of $500 contributed by the Board for families and $250 for singles with the Board matching teacher contributions dollar for dollar for an additional $500 for families and $250 for singles. C. Section 125 Plan 1. The Board shall provide to teachers Flexible Spending Accounts (FSAs) or a Section 125 Plan, according to Federal Law. The FSAs will have a third-third- party administrator selected and paid by the Board. 2. Teachers are permitted to participate in the Section 125 Plan on a voluntary basis in accordance with Federal law. 3. Each year on January 1, up to $500 of all remaining money in each teacher’s FSA shall be carried over into the new year. 4. In the event a Rif’d teacher returns to employment or a new hire is employed after the enrollment period and/or after the availability date of January 1, such teacher shall have his/her monies stated in 13.01 prorated on the remaining calendar days in the plan year and made available within ten (10) calendar days of reinstatement or hire.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Hospitalization and Medical Insurance. A. The HESE Wellness and optional HDHP Medical Plans shall be available for all employees. 1. The insurance premium for teachers will be a percentage of the premium costs for hospitalization and medical insurance for single and family coverage as listed below for the duration of this agreement. Employee Contributions for Insurance: Subject to the following caps: Family Medical 2016-17 15% not to exceed $170.00/month 2017-18 15% not to exceed $181.00/month 2018-19 15% not to exceed $193.00/month Single Medical 2016-17 15% not to exceed $76.00/month 2017-18 15% not to exceed $82.00/month 2018-19 15% not to exceed $88.00/month High Deductible Plan: 2016-19 5% 2. Provided a summary of the Plan Document is available, said document shall be included as a Schedule of Benefits and attached to this Agreement as Xxxxxxxx X-0Appendix H-1, X-0H-2, X-0H-3, X-0H-4. 03. In the event the Board receives a medical, dental, vision, and/or prescription “premium holiday(s)” from its insurance carrier or provider, the member shall also receive a “premium holiday(s)” in an amount equal to their contribution. 4. Retire-rehire teachers are not eligible for “premium holiday(s).” B. Section 125 (Flex Save) Plan Teachers shall have an IRS Section 125 flexible spending account established for them on an annual basis. The flexible spending account shall be in the amount of $500 contributed by the Board for families and $250 for singles with the Board matching teacher contributions dollar for dollar for an additional $500 for families and $250 for singles. C. Section 125 Plan 1. The Board shall provide to teachers Flexible Spending Accounts (FSAs) or a Section 125 Plan, according to Federal Law. The FSAs will have a third-party administrator selected and paid by the Board. 2. Teachers are permitted to participate in the Section 125 Plan on a voluntary basis in accordance with Federal law. 3. Each year on January 1, up to $500 of all remaining money in each teacher’s FSA shall be carried over into the new year. 4. In the event a Rif’d teacher returns to employment or a new hire is employed after the enrollment period and/or after the availability date of January 1, such teacher shall have his/her monies stated in 13.01 prorated on the remaining calendar days in the plan year and made available within ten (10) calendar days of reinstatement or hire.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Hospitalization and Medical Insurance. A. The HESE Wellness and optional HDHP Medical Plans shall be available for all employees. 1. The insurance premium for teachers will be a percentage of the premium costs for hospitalization and medical insurance for single and family coverage as listed below for the duration of this agreement. Employee Contributions for Insurance: Subject to the following caps: Family Medical 20162019-17 20 15% not to exceed $170.00208.00/month 20172020-18 21 15% not to exceed $181.00225.00/month 20182021-19 22 15% not to exceed $193.00243.00/month Single Medical 20162019-17 20 15% not to exceed $76.0095.00/month 20172020-18 21 15% not to exceed $82.00103.00/month 20182021-19 22 15% not to exceed $88.00111.00/month High Deductible Plan: 20162019-19 22 5% 2. Provided a summary of the Plan Document is available, said document shall be included as a Schedule of Benefits and attached to this Agreement as Xxxxxxxx X-0, X-0, X-0, X-0. 0. In the event the Board receives a medical, dental, vision, and/or prescription “premium holiday(s)” from its insurance carrier or provider, the member shall also receive a “premium holiday(s)” in an amount equal to their contribution. 4. Retire-rehire teachers are not eligible for “premium holiday(s).” B. Section 125 (Flex Save) Plan Teachers shall have an IRS Section 125 flexible spending account established for them on an annual basis. The flexible spending account shall be in the amount of $500 contributed by the Board for families and $250 for singles with the Board matching teacher contributions dollar for dollar for an additional $500 for families and $250 for singles. C. Section 125 Plan 1. The Board shall provide to teachers Flexible Spending Accounts (FSAs) or a Section 125 Plan, according to Federal Law. The FSAs will have a third-third- party administrator selected and paid by the Board. 2. Teachers are permitted to participate in the Section 125 Plan on a voluntary basis in accordance with Federal law. 3. Each year on January 1, up to $500 of all remaining money in each teacher’s FSA shall be carried over into the new year. 4. In the event a Rif’d teacher returns to employment or a new hire is employed after the enrollment period and/or after the availability date of January 1, such teacher shall have his/her monies stated in 13.01 prorated on the remaining calendar days in the plan year and made available within ten (10) calendar days of reinstatement or hire.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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