Common use of HOSPITALIZATION/MAJOR MEDICAL INSURANCE Clause in Contracts

HOSPITALIZATION/MAJOR MEDICAL INSURANCE. A group hospitalization/major medical insurance plan shall be procured by the Board and made available to all eligible full-time employees (35 hours or more). Except as the Union shall otherwise specifically agree in writing, the benefits shall be no less than those agreed to between the parties on July 1, 2021. In the event the changes made in 2021 are not enough to keep the Hospitalization / Major Medical Insurance under the Affordable Care Act (ACA) cap, the Insurance Committee will convene to determine what additional items would be needed to reduce the premiums below the Affordable Care Act cap. The Board shall contribute toward the applicable annual premium rates as established by the District’s insurance consultant or plan administrator as may exist from time to time. The Board shall pay ninety percent (90%) of the annual premium for individual coverage and eighty percent (80%) of any additional premium for any family coverage. Upon request, every employee shall receive a copy of the policy and its specific coverage and cost. Employees who work at least nine (9) months a year and at least twenty (20) hours per week may participate in group health coverage at their own cost. Premiums shall be paid on a timely basis as determined by the business office. Retiring employees, at least fifty-five (55) years old, who have served the District for ten (10) years or more, may continue to carry the group health care insurance at their own cost provided premiums are paid at least one month in advance, until such employees become eligible for Medicare or under such circumstances and for such period of time as may be permitted by law, whichever is greater (See 215 ILCS 5/367j). The Union President shall appoint one (1) person to the District Insurance Committee.

HOSPITALIZATION/MAJOR MEDICAL INSURANCE. A group hospitalization/major medical insurance plan shall be procured by the Board and made available to all eligible full-time employees (35 hours or more). Except as the Union shall otherwise specifically agree in writing, the benefits shall be no less than those agreed to between the parties on July 1, 20212016 and July 1, 2017 respectively. In the event the changes made in 2021 2016 and 2017 are not enough to keep the Hospitalization / Major Medical Insurance under the Affordable Care Act (ACA) cap, the Insurance Committee will convene to determine what additional items would be needed to reduce the premiums below the Affordable Care Act cap. The Board shall contribute toward the applicable annual premium rates as established by the District’s insurance consultant or plan administrator as may exist from time to time. The Board shall pay ninety percent (90%) of the annual premium for individual coverage and eighty percent (80%) of any additional premium for any family coverage. Upon request, every employee shall receive a copy of the policy and its specific coverage and cost. Employees who work at least nine (9) months a year and at least twenty (20) hours per week may participate in group health coverage at their own cost. Premiums shall be paid on a timely basis as determined by the business office. Retiring employees, at least fifty-five (55) years old, who have served the District for ten (10) years or more, may continue to carry the group health care insurance at their own cost provided premiums are paid at least one month in advance, until such employees become eligible for Medicare or under such circumstances and for such period of time as may be permitted by law, whichever is greater (See 215 ILCS 5/367j). The Union President shall appoint one (1) person to the District Insurance Committee.