Common use of Medical Insurance Benefit Levels and Premiums Clause in Contracts

Medical Insurance Benefit Levels and Premiums. 1) 2022 – The City agrees to provide employees with hospitalization and medical service benefits at the same levels as 2021. The City will also make health savings account contributions at the same level as 2021. 2) 2023 – Should the City’s total negotiated cost of healthcare increase by an amount less than or equal to 6%, the City will provide hospitalization and medical service benefits at the same level as previous plan year, including the City’s HSA contribution. Should the increase be greater than 6%, the City will provide the Union with three (3) plan options that will bring the total increase for coverage under 6% over the previous year. The Union shall select one plan for all of its members. If the Union fails to choose an option within 14 days, the City shall select a plan from one of the three (3) plans offered to the Union. 3) 2024 – Should the City’s total negotiated cost of healthcare increase by an amount less than or equal to 6%, the City will provide hospitalization and medical service benefits at the same level as previous plan year, including the City’s HSA contribution. Should the increase be greater than 6%, the City will provide the Union with three (3) plan options that will bring the total increase for coverage under 6% over the previous year. The Union shall select one plan for all of its members. If the Union fails to choose an option within 14 days, the City shall select a plan from one of the three (3) plans offered to the Union.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Medical Insurance Benefit Levels and Premiums. 1) 2022 – The City agrees to provide employees with hospitalization and medical service benefits at the same levels as 2021. The City will also make health savings account contributions at the same level as 2021. 2) 2023 – Should the City’s total negotiated cost of healthcare increase by an amount less than or equal to 65%, the City will provide hospitalization and medical service benefits at the same level as previous plan year, including the City’s HSA contribution. Should the increase be greater than 65%, the City will provide the Union with three (3) plan options that will bring the total increase for coverage under 65% over the previous year. The Union shall select one plan for all of its members. If the Union fails to choose an option within 14 days, the City shall select a plan benefit levels from one of the three (3) plans offered to the Union. 3) 2024 – Should the City’s total negotiated cost of healthcare increase by an amount less than or equal to 65%, the City will provide hospitalization and medical service benefits at the same level as previous plan year, including the City’s HSA contribution. Should the increase be greater than 65%, the City will provide the Union with three (3) plan options that will bring the total increase for coverage under 65% over the previous year. The Union shall select one plan for all of its members. If the Union fails to choose an option within 14 days, the City shall select a plan benefit levels from one of the three (3) plans offered to the Union.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Medical Insurance Benefit Levels and Premiums. 1) 2022 2019 – The City agrees to provide employees with hospitalization and medical service benefits at the same levels as 20212018. The City will also make health savings account contributions at the same level as 20212018. 2) 2023 2020 – Should the City’s total negotiated cost of healthcare increase by an amount less than or equal to 6%, the City will provide hospitalization and medical service benefits at the same level as previous plan year, including the City’s HSA contribution. Should the increase be greater than 6%, the City will provide the Union with three (3) plan options that will bring the total increase for coverage under 6% over the previous year. The Union shall select one plan for all of its members. If the Union fails to choose an option within 14 days, the City shall select a plan benefit levels from one of the three (3) plans offered to the Union. 3) 2024 2021 – Should the City’s total negotiated cost of healthcare increase by an amount less than or equal to 6%, the City will provide hospitalization and medical service benefits at the same level as previous plan year, including the City’s HSA contribution. Should the increase be greater than 6%, the City will provide the Union with three (3) plan options that will bring the total increase for coverage under 6% over the previous year. The Union shall select one plan for all of its members. If the Union fails to choose an option within 14 days, the City shall select a plan benefit levels from one of the three (3) plans offered to the Union.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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