Common use of Payment for Premiums – Full-Time Employees Clause in Contracts

Payment for Premiums – Full-Time Employees. For coverage from June 4, 2017 through the remaining term of the MOU, the County and covered employees will share in the cost of health care premiums. For the plan year beginning February 1, 2017 through January 31, 2019 the County shall contribute ninety percent (90%) of the total monthly premium for an HMO plan or ninety percent (90%) of the lowest cost HMO plan toward the total premium for a PPO/indemnity plan at the corresponding level of coverage (i.e. Self, Self + 1 dependent, Family) in a Plan Year. For the plan year beginning February 1, 2019 through January 31, 2020, the County shall contribute eighty-nine percent (89%) of the total monthly premium of an HMO plan or eighty- nine percent (89%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, dependent, Family) in a Plan Year. For the plan year beginning February 1, 2020 through January 31, 2021, the County shall contribute eighty-eight percent (88%) of the total monthly premium of an HMO plan or eighty- eight percent (88%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, dependent, Family) in a Plan Year. For the plan year beginning February 1, 2021 through January 31, 2022, the County shall contribute eighty-seven percent (87%) of the total monthly premium of an HMO plan or eighty-seven percent (87%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, dependent, Family) in a Plan Year. For the plan year beginning February 1, 2022 through the remaining term of the MOU, the County shall contribute eighty-five percent (85%) of the total monthly premium of an HMO plan or eighty-five percent (85%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, dependent, Family) in a Plan Year.

Appears in 3 contracts

Samples: Sideletter of Agreement, Sideletter of Agreement, Sideletter of Agreement

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Payment for Premiums – Full-Time Employees. For coverage from June 4, 2017 through the remaining term of the MOU, the County and covered employees will share in the cost of health care premiums. For the plan year beginning February 1, 2017 through January 31, 2019 2020, the County shall contribute ninety percent (90%) of the total monthly premium for an HMO plan or ninety percent (90%) of the lowest cost HMO plan toward the total premium for a PPO/indemnity plan at the corresponding level of coverage (i.e. Self, Self + 1 dependent, Family) in a Plan Year. For the plan year beginning February 1, 2019 through January 31, 2020, the County shall contribute eighty-nine percent (89%) of the total monthly premium of an HMO plan or eighty- nine percent (89%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, dependent, Family) in a Plan Year. For the plan year Year beginning February 1, 2020 through January 31, 2021, the County shall contribute eighty-eight percent (88%) of the total monthly premium of an HMO plan or eighty- eight percent (88%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the for a PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, 1 dependent, Family) in a Plan Year. For the plan year Plan Year beginning February 1, 2021 through January 31, 2022, the County shall contribute eighty-seven percent (87%) of the total monthly premium of an HMO plan or eighty-seven percent (87%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the for a PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, 1 dependent, Family) in a Plan Year. For the plan year Plan Year beginning February 1, 2022 through the remaining term of the MOU, the County shall contribute eighty-five percent (85%) of the total monthly premium of an HMO plan or eighty-five percent (85%) of the total monthly premium of the lowest cost HMO plan toward the total monthly premium of the for a PPO/Indemnity plan at the corresponding level of coverage (i.e., Self, Self + 1, 1 dependent, Family) in a Plan Year.

Appears in 1 contract

Samples: Sideletter of Agreement

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