Common use of Medical and Prescription Drug Plan Clause in Contracts

Medical and Prescription Drug Plan. 1. The Employer shall provide the medical plan options as attached in Appendix A, or its substantial equivalence. The Employer agrees to contribute to a qualified Health Savings Account (HSA) fifty percent (50%) of the Plan’s deductible in January of 2020, 2021 and 2022. The 80/20 rule and Hard Cap rule of PA 152 will not apply to members of this bargaining unit for 2020, 2021, and 2022. Employees may elect to contribute to the HSA within the IRS established limitations. 2. Full-time Employees who elect not to participate in the Employer’s medical and prescription drug plans and who have coverage elsewhere shall receive a monthly insurance waiver payment of one hundred sixty six dollars ($166.00) for a single contract and three hundred and thirty three dollars ($333.00) for a two (2) person/family contract. The insurance waiver will be paid in the Employee’s regular paycheck, subject to normal deductions. a. Full-time Employees shall establish proof of their eligibility to receive the insurance waiver payment. b. Full-time Employees participating in the insurance waiver who lose coverage shall be allowed to enroll in Employer’s medical, prescription drug, dental and vision plans as soon as administratively possible and the insurance waiver payments shall cease as soon as administratively possible. c. Full-time employees who are waiving medical insurance are eligible to enroll in dental and vision insurance, and still receive the waiver payment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Medical and Prescription Drug Plan. 1. The Employer shall provide the medical plan options as attached in Appendix A, or its substantial equivalence. The Employer agrees to contribute to a qualified Health Savings Account (HSA) fifty percent (50%) 100% of the Plan’s deductible in January of 20202018, 2021 and 202250% of the Plan’s deductible in January of 2019. The 80/20 rule and Hard Cap rule of PA 152 will not apply to members of this bargaining unit for 2020, 2021, 2018 and 20222019. Employees may elect to contribute to the HSA within the IRS established limitations. 2. Full-time Employees employees who elect not to participate in the Employer’s medical and prescription drug plans and who have coverage elsewhere shall receive a monthly insurance waiver payment of one hundred sixty and sixty-six dollars ($166.00) for a single contract and three hundred and thirty thirty-three dollars ($333.00) for a two (2) person/family contract. The insurance waiver will be paid in the Employeeemployee’s regular paycheck, subject to normal deductions. a. Full-time Employees employees shall establish proof of their eligibility to receive the insurance waiver payment. b. Full-time Employees employees participating in the insurance waiver who lose coverage shall be allowed to enroll in Employer’s medical, prescription drug, dental and vision plans as soon as administratively possible and the insurance waiver payments shall cease as soon as administratively possible. c. Full-time employees who are waiving medical insurance are eligible to enroll in dental and vision insurance, and still receive the waiver payment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Medical and Prescription Drug Plan. 1. The Employer shall provide the medical plan options as attached in Appendix A, or its substantial equivalence. The Employer agrees to contribute to a qualified Health Savings Account (HSA) fifty percent (50%) 100% of the Plan’s deductible in January of 20202018, 2021 and 202250% of the Plan’s deductible in January of 2019. The 80/20 rule and Hard Cap rule of PA 152 will not apply to members of this bargaining unit for 2020, 2021, 2018 and 20222019. Employees may elect to contribute to the HSA within the IRS established limitations. 2. Full-time Employees who elect not to participate in the Employer’s medical and prescription drug plans and who have coverage elsewhere shall receive a monthly insurance waiver payment of one hundred sixty six dollars ($166.00) for a single contract and three hundred and thirty three dollars ($333.00) for a two (2) person/family contract. The insurance waiver will be paid in the Employee’s regular paycheck, subject to normal deductions. a. Full-time Employees shall establish proof of their eligibility to receive the insurance waiver payment. b. Full-time Employees participating in the insurance waiver who lose coverage shall be allowed to enroll in Employer’s medical, prescription drug, dental and vision plans as soon as administratively possible and the insurance waiver payments shall cease as soon as administratively possible. c. Full-time employees who are waiving medical insurance are eligible to enroll in dental and vision insurance, and still receive the waiver payment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Medical and Prescription Drug Plan. 1. The Employer shall provide the medical plan options as attached in Appendix A, or its substantial equivalence. The Employer agrees to contribute to a qualified Health Savings Account (HSA) fifty percent (50%) of the Plan’s deductible in January of 2020, 2021 2021, and 2022. The 80/20 rule and Hard Cap rule of PA 152 will not apply to members of this bargaining unit for 2020, 2021, 2021 and 2022. Employees may elect to contribute to the HSA within the IRS established limitations. 2. Full-time Employees who elect not to participate in the Employer’s medical and prescription drug plans and who have coverage elsewhere shall receive a monthly insurance waiver payment of one hundred sixty six dollars ($166.00) for a single contract and three hundred and thirty three dollars ($333.00) for a two (2) person/family contract. The insurance waiver will be paid in the Employee’s regular paycheck, subject to normal deductions. a. Full-time Employees shall establish proof of their eligibility to receive the insurance waiver payment. b. Full-time Employees participating in the insurance waiver who lose coverage shall be allowed to enroll in Employer’s medical, prescription drug, dental and vision plans as soon as administratively possible and the insurance waiver payments shall cease as soon as administratively possible. c. Full-time employees who are waiving medical insurance are eligible to enroll in dental and vision insurance, and still receive the waiver payment.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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