Common use of Medical Premium Subsidy Clause in Contracts

Medical Premium Subsidy. (a) The County has established a Medical Premium Subsidy (MPS) to offset the cost of medical plan premiums charged to eligible employees. The MPS shall be applied to medical insurance premiums only and shall not be applicable to dental insurance premiums. The applicable MPS amount shall be paid directly to the provider of the County-sponsored medical plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for the San Bernardino County Employees’ Retirement Association. In no case, shall the MPS exceed the cost of the medical insurance premium for the coverage selected.

Appears in 4 contracts

Samples: www.sbcounty.gov, www.sbcounty.gov, cms.sbcounty.gov

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Medical Premium Subsidy. (a) The County District has established a Medical Premium Subsidy (MPS) to offset the cost of medical plan premiums charged to eligible employees. The MPS shall be applied to medical insurance premiums only and shall not be applicable to dental insurance premiums. The applicable MPS amount shall be paid directly to the provider of the District/County-sponsored medical plan in which the eligible employee has enrolled. The MPS shall not be considered compensation earnable for purposes of calculating benefits or contributions for to the San Bernardino County Employees’ Retirement Association. In no case, shall the MPS exceed the cost of the medical insurance premium for the coverage selectedselected (e.g., when the MPS amounts below exceed the lowest HMO cost).

Appears in 1 contract

Samples: www.sbcounty.gov

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