Common use of HOSPITALIZATION/MAJOR MEDICAL INSURANCE Clause in Contracts

HOSPITALIZATION/MAJOR MEDICAL INSURANCE. All full-time classified employees working thirty-five (35) or more hours per week shall receive hospitalization/major medical insurance, prescription, dental and vision, either single or family coverage. Employees working twenty (20) to thirty-four (34) hours per week shall be granted single coverage of the above. Such employees may purchase family coverage by paying the difference between single and family coverage by the 20th day of the preceding month. Employees shall contribute a monthly premium payment as follows: 10% Contributions to premium will be based on 100% of the Consortium premium rate. Employees may elect to have premium payments deducted through a per-pay basis through a premium pass through process utilizing an IRS qualified Section 125 plan. Should the Consortium demand a premium payment from the employees that is greater than the agreed to amounts, the Board shall reimburse the employees in a mutually agreeable manner any amount employees pay in excess of the agreed to amounts.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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