Common use of Optional Health Benefit Plan Clause in Contracts

Optional Health Benefit Plan. The College makes available an optional medical plan for faculty/Annual Contract Faculty (ACF) to select. The alternate Plan 1 is UHC Choice Plus – HDHP/HSA. The plan may be adjusted or withdrawn by the College on an annual basis following consideration of recommendations of the College Healthcare Committee. For the duration of this Agreement, the College shall pay 70% or 80% of the premium equivalent of the Alternate Plan 1. The faculty/ACF member shall pay 20% or 30% of the premium equivalent for the Alternate Plan 1. The premium contribution is based on the participation in the Healthcare Engagement. For the duration of this Agreement, the College shall contribute to the HSA (up to $1,000 single and $2,000 family per year) if the Alternate Plan 1 is selected. The contribution may be prorated based on the effective dates of coverage (per 24 pay $41.66 for single/$83.33 for family or per 18 pay $55.56 for single/$111.11 for family).

Optional Health Benefit Plan. The College makes available an optional medical plan for faculty/Annual Contract Faculty (ACF) faculty to selectselect from. The alternate Alternate Plan 1 is UHC Choice Plus – HDHP/HSA. The plan may be adjusted or withdrawn by the College on an annual basis following consideration of recommendations of the College Healthcare Committee. For the duration of this Agreement, the College shall pay 70% 70 or 80% of the premium equivalent of the Alternate Plan 1. The faculty/ACF faculty member shall pay 20% 20 or 30% of the premium equivalent for the Alternate Plan 1. The premium contribution is based on the participation in the Healthcare Engagement. For the duration of this Agreement, the College shall contribute to the HSA (up to $1,000 single and $2,000 family per yearfamily) if the Alternate Plan 1 is selected. The contribution This amount may be prorated based on for faculty hired after the effective dates first semester of coverage (per 24 pay $41.66 for single/$83.33 for family or per 18 pay $55.56 for single/$111.11 for family)the academic year.