Medical Plan Premium Contributions Sample Clauses

Medical Plan Premium Contributions. The Company and employees will share the premium costs for the employee Group Medical Plan. The term Group Medical Plan does not refer to or include Health Maintenance Organizations. Contributions to Health Maintenance Organizations will be made in accordance with law. 28.1.2.1 Regular Full-time Employees: the employee share of the monthly Group Medical plan premium cost for the level of coverage selected by Regular Full-time Employees will be as follows: Effective Beginning in Plan Year Employee Contribution (Note-Employee medical contributions are deducted on a pre-tax basis to the extent allowed under federal/state tax laws) Maximum Employee Monthly Contribution (CAP) 2017 12% Employee –$109.41 EE+1 – $212.56 Family - $299.00 2018 13% Employee – $113.81 EE+1 – $221.14 Family - $312.00 2019 14% Employee –$128.23 EE+1 – $249.15 Family - $351.52 2020 15% Employee – $143.62 EE+1 – $279.05 Family - $393.70 In the event that the dollar amount of the employee’s share of the premium during 2017, 2018, 2019, and 2020, (12% 13%, 14% and 15% respectively) exceeds the maximum monthly employee contribution shown above (for the coverage level chosen), the employee monthly premium contribution will be “capped” at the maximum employee contribution per month shown above (for the coverage level chosen), and the dollar amount in excess of the maximum monthly employee contribution per month will be paid by the Company. 28.1.2.2 Non-negotiated Medical Plan Premium Contributions: To the extent (if any) that the Company chooses to offer a separate, non-negotiated alternative medical plan or plans and an eligible employee chooses to participate in a non-negotiated plan in lieu of the Group Medical Plan, the Company contribution toward the non-negotiated medical plan premium cost for the level of coverage selected by the employee shall not exceed the equivalent of the Company contribution toward the Group Medical Plan premium cost for the same level of coverage. The employee is responsible for any premium cost above and beyond the Company contribution for the Group Medical Plan.
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Medical Plan Premium Contributions. Medical Plan Tier 2019 Rates Semi-Monthly 2020 Rates Semi-Monthly 2021 & 2022 Bronze Choice Care EE $35.23 $28.60 TBD* Bronze Plus Choice Care EE $49.62 $49.20 TBD* Note: The Day & Xxxxxxxxxx Corporate insurance rates at the lowest salary tier, currently $75,000, will be used for the rates for all bargaining unit employees. These rates are based off the recommendations of Trion. The medical plan premium contributions to be made by an employee is noted above. No employee will be required to pay more than the amount set forth in the below chart for the plan in the year in which this limitation is applicable. Example: Assume the Bronze Plus family plan premium for AO employees is increased by the Company to a rate of $160 in 2021. The chart sets the limitation for Bronze Plus family at $152.71. The employee would pay $152.71 and not the $160 set by Trion for the Company. Bronze Plus Choice Care EE $53.14 $57.39
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Related to Medical Plan Premium Contributions

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Company Contributions 33.1.1 The Company will make contributions on the Employee’s behalf to a complying superannuation fund which meets the Company’s statutory obligations under applicable superannuation legislation.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Medical Plan ‌ Eligible employees and dependants shall be covered by the British Columbia Medical Services Plan or carrier approved by the British Columbia Medical Services Commission. The Employer shall pay one hundred percent (100%) of the premium. An eligible employee who wishes to have coverage for other than dependants may do so provided the Medical Plan is agreeable and the extra premium is paid by the employee through payroll deduction. Membership shall be a condition of employment for eligible employees who shall be enrolled for coverage following the completion of three (3) months’ employment or upon the initial date of employment for those employees with portable service as outlined in Article 14.12.

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