MEDICAL INSURANCE and SECTION 125 FLEXIBLE SPENDING PLAN. A. Medical Insurance Coverage In accordance with the federal Patient Protection and Affordable Care Act (ACA), benefits will be provided to all full-time employees defined as those working thirty or more hours per week. Three day a week employees (.60 FTE employees) shall not be eligible for Bucks IU healthcare or cash payments in lieu of medical benefits. The Bucks IU will continue to provide the existing Section 125 Flexible Spending Account Plan. The Bucks IU and the Association agree to continue the terms of the Memorandum of Understanding under which the Bucks IU participates in the Bucks and Montgomery County School’s (BMCS) Health Care Consortium for the purpose of providing medical and prescription drug benefits. Should the Bucks IU withdraw from the Consortium, except as provided herein, it shall provide the same or similar benefit plans as offered by the Consortium at the time of withdrawal. The parties agree that the Third Party Administrator (TPA) and medical plans are determined by the Board of Trustees of the BMCS Health Care Consortium and are subject to change by action taken by the Consortium’s Board of Trustees. At the time of the ratification of this Collective Bargaining Agreement, the Consortium’s TPA is Aetna and the preferred plans available to the employees of the Bucks IU covered by the Agreement and subject to the premium co-share as set forth herein, are as follows:
MEDICAL INSURANCE and SECTION 125 FLEXIBLE SPENDING PLAN. A. Medical Insurance Coverage In accordance with the federal Patient Protection and Affordable Care Act (ACA) benefits will be provided to all full-time employees defined as those working thirty or more hours per week. Effective July 1, 2019, three day a week workers (.60 FTE employees) shall not be eligible for Bucks IU healthcare or cash payments in lieu of medical benefits. It is understood that all three day a week (.60 FTE) workers in the 2018-2019 school year who are enrolled in the Bucks IU healthcare plans during the 2018-2019 school year shall be provided with the opportunity to move to four days a week or more, and all three day a week (.60 FTE) workers who are not currently enrolled in the Bucks IU healthcare during the 2018-2019 school year shall be provided the opportunity to move to four days a week or more and enroll in the Bucks IU healthcare, however, it is understood that they may decline that opportunity. Account Plan. The Bucks IU will continue to provide the existing Section 125 Flexible Spending The Bucks IU and the Association agree to continue the terms of the Memorandum of Understanding under which the Bucks IU participates in the Bucks and Xxxxxxxxxx County School’s Health Care Consortium for the purpose of providing medical benefits. Should the Bucks IU withdraw from the Consortium, except as provided herein, it shall provide the same or similar benefit plans as offered by the Consortium at the time of withdrawal. The parties agree that the Third Party Administrator (TPA) and medical plans are determined by the Board of Trustees of the Consortium and are subject to change by action taken by the Consortium’s Board of Trustees. At the time of the ratification of this Collective Bargaining Agreement, the Consortium’s TPA is Aetna and the preferred plans available to the employees of the Bucks IU covered by the Agreement and subject to the premium co-share as set forth herein, are as follows:
