MEDICAL PREMIUM Sample Clauses
MEDICAL PREMIUM. Premiums paid by the Employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE).
MEDICAL PREMIUM. The Board’s contribution toward the cost of group health insurance coverage, including premiums and other Board payments or contributions relating to such coverage, will be the maximum “hard cap” levels prescribed in the Publicly Funded Health Insurance Contribution Act MCL 15.561-.569, as amended. The district will set the amount of contributions annually. The amount of the health care premium, including all ACA fees, minus the hard cap will be the Teacher’s responsibility and shall be paid through automatic payroll deduction. The SJEA will evaluate the contributions annually working with the district and will determine if a blended approach to the Teacher Contribution is to be used (blended approach would mean that Families and 2-Person contributions are the same vs. based on hard-cap contributions). The District agrees to evaluate and report to the association if the employee contribution is meeting the ACA requirements every three months. (Example: Health premium + ACA Fees – District paid hard cap = teacher contribution)
MEDICAL PREMIUM. Reimbursement Effective January 1, 2002, the District will provide $20,000 to the Federation of Teachers to provide for reimbursement for medical insurance premiums. This amount, if not used in full, will be carried over to the next calendar year. It will be included as an “increased cost of medical benefits” in the “Adjusted COLA” formula (Appendix E). The $20,000 contribution shall be made annually in future years, unless different terms are negotiated in future negotiations.
MEDICAL PREMIUM. 1. The Board shall provide and pay the full premium for the New Jersey State Health Benefits Program, modified to include mandatory second surgical opinion and pre-admission certification.
2. Coverage shall be appropriately designated by the employee as:
a. Employee only c. Husband/Wife
MEDICAL PREMIUM. The Board’s contribution toward the cost of group health insurance coverage, including premiums and other Board payments or contributions relating to such coverage, will be the maximum “hard cap” levels prescribed in the Publicly Funded Health Insurance Contribution Act (Act 152 of 2011, MCL 15.561-569), as the same may be amended from time to time.
MEDICAL PREMIUM a. The Board shall provide and pay the full premium for all employees and their eligible dependents excluding employees who waived insurance in either the Cigna PPO or POS plans (as dictated by the restrictions listed below in numbers 3 or 4) in effect as of June 30, 2007, and as modified by this agreement also to include mandatory second surgical opinion and pre-admission certification. If the Board changes carrier, the benefits shall be equal to or better than the existing plan. i.e. the June 30th 2007 plan and as modified by this agreement.
b. Effective January 1, 2008 the deductible amount for the PPO plan will be $200.00 (individual) /$400.00 (family)
c. Effective January 1, 2008 for the PPO plan, the prescription out of pocket will revert to the prior formula (in effect on December 31, 2005) whereby there will not be a separate out of pocket maximum for prescription. Individuals/family will have to meet their deductible(s) and out of pocket maximums before prescription is paid 100%.
2. Coverage shall be appropriately designated by the employee as:
a. Employee only
c. Two Adults
MEDICAL PREMIUM. Revise to read:
MEDICAL PREMIUM. The Trust will promptly pay Executive the sum of $16,884, which is equal to one year’s additional medical plan premium amount under the Trust’s PPO coverage plan at the 2010 rate, no later than January 31, 2010.
MEDICAL PREMIUM. City will make available to all employees and dependents in classifications assigned to the Unit either the Kaiser Bay Area Plan or an alternative plan(s).