Hospitalization and Medical Insurance. The district contributions identified in this Section are based on insurance rates for the plan years 2022 and 2023, and shall be paid on behalf of eligible teachers enrolled in a School District sponsored hospitalization and medical insurance plan. a) The School District contribution for those electing a Single coverage plan will be equal to 100% of the monthly premium amount for Plan C Single, or b) The School District contribution for those electing an E+1 coverage plan will be equal to 75% of the monthly premium amount for Plan C E+1, or c) The School District contribution for those electing a Family coverage plan will be equal to 65% of the monthly premium amount for Plan C Family. In the event that the District contribution exceeds the premium cost, teachers will be reimbursed, in the form of salary on a monthly basis, for the difference between 1) the actual premium amount for those teachers electing coverage or the Plan C single premium amount for those electing no coverage and 2) the monthly amounts listed above. Monthly reimbursement will be estimated until such time as the actual premiums are known and can be calculated by the payroll manager. The Association will hold the School District harmless and indemnify the School District for any and all suits, claims, damages, judgments and other forms of liability which any person may have or claim to have arising out of or by reason of the School District's contribution toward dependent or family hospitalization and medical insurance premiums.
Appears in 3 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
Hospitalization and Medical Insurance. The district contributions identified in this Section are based on insurance rates for the plan years 2022 2020 and 20232021, and shall be paid on behalf of eligible teachers enrolled in a School District sponsored hospitalization and medical insurance plan.
a) The School District contribution for those electing a Single coverage plan will be $780 (greater than or equal to 100% of the monthly premium amount for Plan C Single), or
b) The School District contribution for those electing an E+1 coverage plan will be equal to 75% of the monthly premium amount for Plan C E+1, or
c) The School District contribution for those electing a Family coverage plan will be equal to 65% of the monthly premium amount for Plan C Family. In the event that the District contribution exceeds the premium cost, teachers will be reimbursed, in the form of salary on a monthly basis, for the difference between 1) the actual premium amount for those teachers electing coverage or the Plan C single premium amount for those electing no coverage and 2) the monthly amounts listed above. Monthly reimbursement will be estimated until such time as the actual premiums are known and can be calculated by the payroll manager. The Association will hold the School District harmless and indemnify the School District for any and all suits, claims, damages, judgments and other forms of liability which any person may have or claim to have arising out of or by reason of the School District's contribution toward dependent or family hospitalization and medical insurance premiums.
Appears in 1 contract
Samples: Master Agreement