Hospitalization Insurance. The Board shall make available to full-time bargaining unit members and their eligible dependents substantially similar group health and hospitalization insurance coverage and benefits as existed in the Board’s conventional insurance plan immediately prior to the signing of this Agreement. The Board reserves the right to change or provide alternate insurance carriers, or to self-insure as it deems appropriate for any form or portion of insurance coverage referred to in this Article, so long as the new coverage and benefits are substantially similar to the conventional insurance which predated this Agreement. The Board shall pay 85% of the premium for bargaining unit members hired prior to August 1, 2009. The Board shall pay 70% of the premium, for bargaining unit members hired after July 31, 2009. Whenever a Bargaining unit member, grandfathered in at the 85% premium paid by the Board retires under a State of Ohio retirement system, the Board will move the most senior employee hired after August 1, 2009 from the Board payment of seventy percent (70%) of the health insurance premium up to eighty-five percent (85%) of the health insurance premium being paid by the Board.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement