Common use of Medical Insurance Contributions Clause in Contracts

Medical Insurance Contributions. 1. The City shall pay 100% for Employee Only coverage on the lowest premium plan, the High Deductible Health Plan (or equivalent plan). Employees selecting Employee Only coverage on a plan with higher premiums shall pay the balance. 2. Effective Fiscal Year 2023, the City shall pay 80% (increased to 81% in Fiscal Year 2024 and 82% in Fiscal Year 2025) of the total premiums for employees electing spouse/child(ren)/family coverage based on the lowest premium plan, i.e., the HDHP or equivalent plan. Employees selecting coverage on a plan with higher premiums shall pay the balance. 3. If the cost of the medical insurance program selected by the employee exceeds the City’s contribution, the employee shall pay the balance on a pro rata basis each pay period through payroll deduction or through the conversion of accrued sick leave, pursuant to subsection 9.3.B.4 below. 4. Sick/Vacation Leave Conversions to offset Medical Insurance Premiums and/or to fund Health Savings Account: Employees whose premiums for medical insurance under the City’s group health insurance plan exceed the City’s contribution may be eligible to convert accrued sick and/or vacation leave to offset their medical insurance premiums and/or fund their Health Savings Account if applicable.

Medical Insurance Contributions. 1. The City shall pay 100% for Employee Only coverage on the lowest premium plan, the High Deductible Health Plan (or equivalent plan). Employees selecting Employee Only coverage on a plan with higher premiums shall pay the balance. 2. Effective Fiscal Year 20232020, the City shall pay 8075% (increased to 8176% in Fiscal Year 2024 2021 and 8277% in Fiscal Year 20252022) of the total premiums for employees electing spouse/child(ren)/family coverage based on the lowest premium plan, i.e., the HDHP or equivalent plan. Employees selecting coverage on a plan with higher premiums shall pay the balance. 3. If the cost of the medical insurance program selected by the employee exceeds the City’s contribution, the employee shall pay the balance on a pro rata basis each pay period through payroll deduction or through the conversion of accrued sick leave, pursuant to subsection 9.3.B.4 section 9.4 below. 4. Sick/Vacation Leave Conversions to offset Medical Insurance Premiums and/or to fund Health Savings Account: Employees whose premiums for medical insurance under the City’s group health insurance plan exceed the City’s contribution may be eligible to convert accrued sick and/or vacation leave to offset their medical insurance premiums and/or fund their Health Savings Account if applicable.

Medical Insurance Contributions. 1. The City shall pay 100% for Employee Only coverage on the lowest premium plan, i.e., the High Deductible Health Plan (HDHP) or equivalent plan). Employees selecting Employee Only coverage on a plan with higher premiums shall pay the balance. 2. Effective Fiscal Year 20232020, the City shall pay 8075% (increased to 8176% in Fiscal Year 2024 2021 and 8277% in Fiscal Year 20252022) of the total premiums for employees electing spouse/child(ren)/family coverage based on the lowest premium plan, i.e., the HDHP or equivalent plan. Employees selecting coverage on a plan with higher premiums shall pay the balance. 3. If the cost of the medical insurance program selected by the employee exceeds the City’s contribution, the employee shall pay the balance on a pro rata basis each pay period through payroll deduction or through the conversion of accrued sick leave, pursuant to subsection 9.3.B.4 the related Section below. 4. Sick/Vacation Leave Conversions to offset Medical Insurance Premiums and/or to fund Health Savings Account: Employees whose premiums for medical insurance under the City’s group health insurance plan exceed the City’s contribution may be eligible to convert accrued sick and/or vacation leave to offset their medical insurance premiums and/or fund their Health Savings Account if applicable.: