Common use of Medical Premium Subsidy Clause in Contracts

Medical Premium Subsidy. (a) The County has established a Medical Premium Subsidy (MPS) to offset a pre-determined portion of the cost of health plan premiums charged to eligible employees. The MPS shall be applied to health insurance premiums only and shall not be applicable to dental plan premiums. The MPS amount payable to each eligible employee shall be based upon the lowest cost HMO plan (currently Health Net or a plan equivalent to Health Net) for the number of persons the employee enrolls in the County- sponsored health plan (i.e., “employee only”; “employee + 1”; “employee + 2”). The applicable MPS amount shall be paid directly to the provider of the County-sponsored health 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 total cost of the health insurance premium for the coverage selected. Effective July 4, 2009, Nurses shall receive a Medical Premium Subsidy (MPS) in the following amounts: Scheduled for 40 to 60 Hours Scheduled for 61 to 80 Hours Employee Only $79.35 $158.70 Employee + 1 $160.77 $321.55 Employee + 2 $220.36 $440.72

Appears in 3 contracts

Samples: www.sbcounty.gov, s3.amazonaws.com, cms.sbcounty.gov

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Medical Premium Subsidy. (a) The County has established a Medical Premium Subsidy (MPS) to offset a pre-determined portion of the cost of health plan premiums charged to eligible employees. The MPS shall be applied to health insurance premiums only and shall not be applicable to dental plan premiums. The MPS amount payable to each eligible employee shall be based upon the lowest cost HMO plan (currently Health Net or a plan equivalent to Health Net) for the number of persons the employee enrolls in the County- County-sponsored health plan (i.e., “employee only”; “employee + 1”; “employee + 2”). The applicable MPS amount shall be paid directly to the provider of the County-sponsored health 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 total cost of the health insurance premium for the coverage selected. Effective July 4, 2009, Nurses shall receive a Medical Premium Subsidy (MPS) in the following amounts: Scheduled for 40 to 60 Hours Scheduled for 61 to 80 Hours Employee Only $79.35 $158.70 Employee + 1 $160.77 $321.55 Employee + 2 $220.36 $440.72

Appears in 1 contract

Samples: www.sbcounty.gov

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