Common use of Medical Insurance Benefits Clause in Contracts

Medical Insurance Benefits. A contribution of 73% of a single policy, 41% of a single plus dependent, and 28% of a family policy of the School Group Insurance will be provided by the school district. The valuation may be applied to an alternate medical plan only if the teacher does not qualify for the school group plan based on the group plan’s requirements. The teacher shall pay the difference between the single policy premium and applicable premium if additional insurance coverage is requested. This difference will automatically be deducted from the teacher’s gross salary unless the school board is notified otherwise by the teacher. For the teacher not joining the medical group plan, a taxable cash option $1800 will be provided. All insurance benefit payments can only be made directly to the insurance company. All Medical Insurance benefits are to be pro-rated on the basis of the employee’s full time equivalency. A flexible spending plan is available as a benefit.

Medical Insurance Benefits. A contribution of 7380% of a single policy, 41% of a single plus dependent, and 28% of a family policy of the School Group Insurance will be provided by the school district. The valuation may be applied to an alternate medical plan only if the teacher does not qualify for the school group plan based on the group plan’s requirements. The teacher shall pay the difference between the single policy premium and applicable premium if additional insurance coverage is requested. This difference will automatically be deducted from the teacher’s gross salary unless the school board is notified otherwise by the teacher. For the teacher not joining the medical group plan, a taxable cash option $1800 2300 will be provided. All insurance benefit payments can only be made directly to the insurance company. All Medical Insurance benefits are to be pro-rated on the basis of the employee’s full time equivalency. A flexible spending plan is available as a benefit.