INSURANCE BENEFITS AND PROVISIONS Sample Clauses

INSURANCE BENEFITS AND PROVISIONS. 12.1 The District shall offer medical insurance plans Access Blue New England (AB20-Rx$10/$20/$45) or their equivalent as agreed to by both the Board and the Union. The District shall pay the following percentage of the Xxxxxxx Xxxxxxxx premium toward the monthly premium for whichever plan and coverage (single, 2-person or family) is selected by the employee: Effective July 1, 2017 85% Coverage shall commence September 1 (or the first of the month following the date of hire for employees hired mid-year) and end August 31. 12.2 In the event that employees, absent because of illness or injury, have exhausted available authorized leave, the fringe benefits contained herein shall continue throughout the balance of the contract year as defined in 12.1. 12.3 The Board shall provide, without cost to employees, a $20,000 group term life insurance policy which includes double indemnity payment for accidental death. 12.4 The Board shall provide, without cost to employees, multiple peril liability insurance as specified under Policy #503069519-7. 12.5 In the event that the School Board plans to change the coverage, the Union shall be notified under the provisions of Article II. 12.6 Each employee (eligible for health insurance) who can provide proof of alternate health insurance coverage, with the exception of Medicare as Medicare regulations prohibit incentive payments, and waives the health insurance benefit provided by the District shall be provided a cash opt-out of $1,500. Two payments shall be made for full-year participation in January and June. Partial year participation shall be prorated. An employee may resume coverage during the year. Reimbursement of opt-out payment shall be required. This benefit does not include a partner who is covered by the District.
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INSURANCE BENEFITS AND PROVISIONS. 12.1 The Board shall make payment of 90% of the Blue Cross/Blue Shield premiums, or premiums of a comparable plan agreed to by both the Board and the Association, for employees completing their annual contract to assure insurance coverage for the full twelve-month period. This coverage shall commence September 1 (or the first of the month following the date of hire for employees hired mid-year) and end August 31. Employees covered by this plan shall pay 10% of the cost of the plan they select. 12.2 In the event that employees, absent because of illness or injury, have exhausted available authorized leave, the fringe benefits contained herein shall continue throughout the balance of the contract year as defined in 12.1. 12.3 The Board shall provide, with a 10% cost to the employee, Blue Cross/Blue Shield Comp 300 Managed Care, or comparable plan agreed to mutually by the Board and the Association, for a full twelve-month period for the employee's entire family. The benefits shall be those contained in Policy #03579 of the Newfound Area School District. 12.4 The Board shall provide, without cost to employees, a $20,000 group term life insurance policy which includes double indemnity payment for accidental death. 12.5 The Board shall provide, without cost to employees, multiple peril liability insurance as specified under Policy #503069519-7. 12.6 In the event that the School Board plans to change the coverage, the Association shall be notified under the provisions of Article II. 12.7 Each employee (eligible for health insurance) who can provide proof of alternate health insurance coverage and waives the health insurance benefit provided by the District shall be provided a cash opt-out of $1,500. Two payments shall be made for full-year participation in January and June. Partial year participation shall be prorated. An employee may resume coverage during the year. Reimbursement of opt-out payment shall be required. This benefit does not include a partner who is covered by the District. 12.8 Each employee (eligible for health insurance) may have the option of selecting Blue Cross/Blue Shield Comp 300 or Xxxxxxx Xxxxxxxx (MT) now offered by the District. Employees selecting MT shall receive one-half the annual savings between Comp 300 and MT generated by the District. This benefit does not include a partner in the District who is covered by a District plan.
INSURANCE BENEFITS AND PROVISIONS. 19.1 The board shall make payment of insurance premiums for each employee to assure insurance coverage for the term of employment. Insurance coverage will be effective the first of the month following the starting date of employment. Insurance coverage will end at the end of the month of which an employee is released from their contract. Under continuous employment, insurance is covered for a full twelve month period. 19.2 The board shall furnish to each staff member long-term disability insurance in an amount equal to 66.7% of a teacher’s salary as computed on the teacher's salary schedule, subject to the terms of the insurance policy. The district will be responsible for 100% of the long-term disability monthly premium. 19.3 The insurance provider shall be SchoolCare. The insurance provider may be changed by mutual agreement of the district and the association. The school district shall contribute the following percentages of the Green Open Access plan with $10 office visit copayments and 5/15/35 prescription coverage or the following amounts, whichever is less: A member who selects an offered health menu plan option other than the Green Open Access plan, such as Red Open Access Plan shall pay the difference between the cost of the selected option and the district’s share of the district provided Green Open Access plan. In addition, starting January 1, 2022, an adjustment for a high cost plan equal to 50% of the excise tax that accrues under the Affordable Care Act (currently 26 U.S.C. § 4980I) shall be subtracted from the District’s share of the premium under this Section, and shall be added to the employee’s share of the premium under this Section. 1, 2 1 The excise tax is expected to equal 40% of the excess of the plan’s cost over $850 per month ($10,200 per year) for single coverage or over $2291.66 per month ($27,500 per year) for two-person or family coverage. The plan’s 19.4 The employee may elect to receive a $2,000 buy back benefit in lieu of a health insurance policy as follows: The buyback benefit will be paid twice annually; half of the amount will be paid mid-year and the second half at the end of the school year. All buyback payments will be prorated by days of service if the teacher leaves the district prior to the completion of the contract year. All employees must provide proof of insurance coverage, for the employee and others for whom the employee expects to claim a personal exemption deduction, from a non-district source that provides...
INSURANCE BENEFITS AND PROVISIONS. 15.01 The Board shall make payments of insurance premiums for bargaining unit members who work thirty (30) or more hours per week to assure coverage for a twelve (12) month period commencing September 1 and ending August 31. Current bargaining unit members must sign up for benefits prior to June 30 for the next school year. New hires must sign up for benefits at the time of hire. 15.02 Bargaining unit members who terminate their contract prior to the end of the school year, lose their benefits at the end of the month in which the contract was terminated. 15.03 In the event that a bargaining unit member, absent because of illness or injury, exhausts sick leave benefits, the Board shall continue to pay fringe benefits through the balance of the contract year. 15.04 The Board will provide a health care subscription to bargaining unit members working thirty (30) or more hours per week as indicated in Appendix A. Members who do not elect health insurance coverage shall receive $1,000 (one thousand) cash annually in lieu thereof, which will be paid quarterly. 15.05 The Board will provide life insurance, accidental death and dismemberment insurance, and long-term disability insurance to members of the bargaining unit working twenty (20) or more hours per week as indicated in Appendix A. 15.06 The Board will provide premium payment for dental insurance equivalent to Northeast Delta Dental Plan (coverage A-100%, coverage B-80% and coverage C-50%) as indicated in Appendix A for bargaining unit members working thirty (30) or more hours/week. 15.07 Appropriate coverage for insurance will be provided beginning with the first year of employment with the District.
INSURANCE BENEFITS AND PROVISIONS. 1. Full-time employees (contracted for 35 hours or more per week) shall be eligible for health insurance coverage. For such employees, the District shall pay 90% of the premium for single, two person or family coverage. The parties agree to go to the Xxxxxxx Xxxxxxxx Blue HMO Plan Option 7 from LGC effective July 1, 2011. The parties agree to create a Health Reimbursement Account (HRA) for each Paraprofessional who is eligible for health care. The School Board shall provide up to 100% of a single ($500), 2 person ($1000), and family ($1500) reimbursements through the HRA in each year of the agreement. A Third party administrator shall be used to facilitate reimbursement for plan deductions and/or prescription drug co-pays. 2. The District shall provide Delta Dental insurance to all support staff bargaining unit members who are eligible for single coverage benefits (contracted for 35 hours or more per week) at an 85% district, 15% employee premium contribution level. Employees wishing to purchase two person or family coverage will be responsible for the additional premium. 3. Members who are not employed full-time have the option to purchase insurance at the cost of 100%. 4. Should the District decide to change health insurance coverage for employees covered by this contract, the district may do so only with the approval of the majority of those employees represented by this contract who receive health insurance benefits. 5. All members of the bargaining unit shall be covered by long term disability insurance. This plan covers employees who work at least 30 hours per week. If at any time the minimum number of hours is decreased in the disability insurance contract, then the minimum number of hours will also be reduced for members of the bargaining unit. Benefits shall commence after an employee has been disabled for 90 calendar days and shall continue until age 65 or until the employee is able to return to work.
INSURANCE BENEFITS AND PROVISIONS. A. The Board shall make payment of insurance premiums for each teacher to assure coverage for the full twelve (12) month period, commencing July 1 and concluding June 30. However, new teachers will be covered as of the first day of September. B. In the event that any employee, absent because of illness or injury, has exhausted sick leave accrual, the fringe benefit contained here shall continue throughout the balance of the contract year as defined in Section A. C. 1. Subject to paragraph 5 below, teachers whose current term of employment began on or before June 30, 2002 may take health insurance under either paragraph 2, paragraph 3 or paragraph 4 below. Teachers whose current term of employment began on or after July 1, 2002 may take health insurance under only paragraph 3 or paragraph 4 below.
INSURANCE BENEFITS AND PROVISIONS. 7.1 The Board shall make payment of insurance premiums for each teacher to assure insurance coverage for the full twelve month period each year. 7.2 In the event that a teacher, absent because of illness or injury, has exhausted sick leave accrual, the fringe benefits contained herein shall continue throughout the balance of the contract year as defined in this document. 7.3 The Board will provide and pay the premium for the following health insurance program: Access Blue Site of Service plan, ABSOS20/40/1KDED(07L)RX10/20/45/5K(L). Cost sharing for the duration of the contract shall be 90% District, 10% Teacher for single, two- person or family plan. 7.4 The Rumney School District shall provide a single subscription Dental Plan for all teachers. The selection of the Insurer shall be at the discretion of the Board. This is as follows: Per Delta Dental 7.5 Upon the death of a teacher, insurance coverage outlined in Section 7.3 shall be provided and paid for by the Board to the teacher’s survivors for the remainder of the contract year. 7.6 The Rumney School District shall provide a Board approved term disability policy for all teachers. 7.7 Pre-Tax Contributions: IRS Section 125 Flexible Spending Accounts will be established and available to teachers for pretax deductions authorized by the employee for: a. Medical Expenses not covered by insurance. b. Dental Expenses not covered by insurance. c. Vision care not covered by insurance. The flexible spending accounts shall be available up to the highest amount allowed by law and provide for the unused funds to roll over each year up to the highest amount allowed by law (currently five hundred ($500) dollars).
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INSURANCE BENEFITS AND PROVISIONS. 16.1 The district shall pay 80% of the cost of the district provided HMO health insurance premium for single person coverage only. A unit member who selects the two person or family coverage shall be responsible for paying the difference between the premiums for such coverage and the district’s share of the district’s single person coverage under this section. 16.2 The district shall pay 100% of the cost of a single dental insurance plan, as currently provided or changed by mutual agreement of the board and the union, for each employee.
INSURANCE BENEFITS AND PROVISIONS. 1. Full-time employees (contracted for 35 hours or more per week) shall be eligible for health insurance coverage. For such employees, the District shall pay 90% of the premium for single, two person or family coverage under the LGC Health Trust Anthem Blue Cross Blue Shield HMO plan and 85% of the premium for single, two person or family coverage under the POS or Indemnity plans. 2. Effective July 1, 2006, the POS plan shall be changed from LGC Health Trust Blue Choice Three Tier $5.00 doctor visit co-pay to Blue choice Three Tier $10.00 doctor visit co-pay. 3. The District shall provide Delta Dental insurance to all support staff bargaining unit members who are eligible for single coverage benefits at an 85% district, 15% employee premium contribution level. Employees wishing to purchase two person or family coverage will be responsible for the additional premium. 4. Members who are not employed full-time have the option to purchase insurance at the cost of 100%. 5. Should the District decide to change health insurance coverage for employees covered by this contract, the district may do so only with the approval of the majority of those employees represented by this contract who receive medical insurance benefits.
INSURANCE BENEFITS AND PROVISIONS. 19.1 The board shall make payment of insurance premiums for each employee to assure insurance coverage for the term of employment. Insurance coverage will be effective the first of the month following the starting date of employment. Insurance coverage will end at the end of the month of which an employee is released from their contract. Under continuous employment, insurance is covered for a full twelve month period. 19.2 The board shall furnish to each staff member long-term disability insurance in an amount equal to 66.7% of a teacher's salary as computed on the teacher's salary schedule, subject to the terms of the insurance policy. The district will be responsible for 100% of the long-term disability monthly premium. 19.3 The District shall offer to employees SchoolCare administered Consumer Driven Health Plan (CDHP)- Yellow Choice Fund health insurance plan or equivalent. If an employee chooses to participate in the plan, the District shall pay 82.5% of a single, two-person or family plan. The CDHP is designed to avoid/minimize the Affordable Care Act (ACA) Premium threshold. 19.4 The employee may elect to receive a $2,000 buyback benefit in lieu of a health insurance policy as follows: The buyback benefit will be paid twice annually; half of the amount will be paid mid-year and the second half at the end of the school year. All buyback amounts will be prorated by days of service if the teacher leaves the district prior to the completion of the contract year. All employees must provide proof of insurance coverage, for the employee and others for whom the employee expects to claim a personal exemption deduction, from a non-district source that provides minimum essential coverage (other than in the individual market), if they elect to receive the buyback benefit. 19.5 The district will establish a Flexible Spending Account (FSA) accessible by debit card to allow staff to offset out of pocket healthcare costs. Employees shall be allowed to roll over monies to the extent allowable by law. The district will provide employees access to a Dependent Care Flexible Spending Account to set aside moneys for such purpose on a pretax basis to the extent allowable by law. 19.6 The school district will contribute up to $650 per employee for the dental insurance plan. There will be no buyout option for dental insurance.
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