Common use of INSURANCE BENEFITS AND PROVISIONS Clause in Contracts

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.

INSURANCE BENEFITS AND PROVISIONS. 12.1 The District shall offer medical insurance plans Access Blue New England Cross/Blue Shield (AB20Comp300-Rx$10/$20/$45) or Xxxxxxx Xxxxxxxx (MTB20-Rx$10/$20/$45) or their equivalent as agreed to by both the Board and the UnionAssociation. 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 2015-2016 87% 2016-2107 85% An employee who selects a more expensive plan than the HMO plan shall be responsible for the difference between the HMO plan’s premium and the selected plan’s premium. 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.in 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 Association 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, 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.

INSURANCE BENEFITS AND PROVISIONS. 12.1 The District shall offer medical insurance plans Access Blue New England HMO (AB20-Rx$10/$20/$45ABSOS20/40/1KDED) or their equivalent as agreed to by both the Board and the Union. The District shall pay the following percentage eighty-five percent (85%) of the Xxxxxxx Xxxxxxxx Access Blue New England HMO premium toward the monthly premium for whichever plan and coverage (single, 2-person or family) is selected by the employee. The District will provide a Health Reimbursement Account (HRA) to those teachers who enroll in the health insurance plan. The annual HRA amounts are as follows: Effective July 1$1,000 for a Single Person Plan, 2017 85% $2,000 for a Two-Person Plan, and $3,000 for a Family Plan. 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 $1,5001,500 for a Single Person Plan, $2,500 for a 2-Person Plan, and $3,500 for a Family Plan. 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.