Common use of Pooling Clause in Contracts

Pooling. Medical insurance premiums shall be based upon a single rate structure with proportional pooling and cost-limiting procedures being applied to all eligible District employees as follows: A. The District will calculate the premium for each eligible employee from a single- rate premium schedule provided by the insurance carriers based on the family category selected by the employee. B. In the event the eligible employee's total insurance cost, including the selected medical coverage exceeds the insurance benefit amount per month, a monthly payroll deduction shall be made in the amount of the excess. C. For employees who have a total insurance cost of less than the insurance benefit amount per month, the balance shall go into a District-wide pool of funds to be disbursed to reduce payroll deductions for those employees whose costs exceeds the insurance benefit per month. Additionally, for these employees the state mandated “out-of-pocket” monthly deductions will also be deposited into this pool. D. The pool amount will be used to reduce payroll deductions for medical insurance. Each employee's deduction shall be reduced by the same percentage. The percentage will be determined by comparing the pool dollars available to the total premiums in excess of the insurance benefit amount. The estimated employee deduction and pool share shall be adjusted annually to distribute the pool equitably.

Pooling. Medical insurance premiums shall be based upon a single rate structure with proportional pooling and cost-cost limiting procedures being applied to all eligible District employees as follows: A. A) The District will shall calculate the premium for each eligible employee from a single- single-rate premium schedule provided by the insurance carriers based on the family category selected by the employee. B. B) In the event the eligible employee's ’s total insurance cost, including the selected medical coverage coverage, exceeds the insurance benefit amount per month, a monthly payroll deduction shall be made in the amount of the excess. C. C) For employees who have a total insurance cost of less than the insurance benefit amount per month, the balance shall go into a Districtdistrict-wide pool of funds to be disbursed to reduce payroll deductions for those employees whose costs cost exceeds the insurance benefit amount per month. Additionally, for these employees the state mandated “out-of-pocket” monthly deductions will also be deposited into this pool. D. D) The pool amount will shall be used to reduce payroll deductions for medical insurance. Each employee's ’s deduction shall be reduced by the same percentage. The percentage will shall be determined by comparing the pool dollars available to the total premiums in excess of the insurance benefit amount. The estimated employee deduction and pool share shall be adjusted annually to distribute the pool equitably.

Pooling. Medical insurance premiums shall be based upon a single rate structure with proportional pooling and cost-cost limiting procedures being applied to all eligible District employees as follows: A. A) The District will shall calculate the premium for each eligible employee from a single- single-rate premium schedule provided by the insurance carriers based on the family category selected by the employee. B. B) In the event the eligible employee's total insurance cost, cost including the selected medical coverage exceeds the insurance benefit amount per month, a monthly payroll deduction shall be made in the amount of the excess. C. C) For employees who have a total insurance cost of less than the insurance benefit amount per month, the balance shall go into a Districtdistrict-wide pool of funds to be disbursed to reduce payroll deductions for those employees whose costs cost exceeds the insurance benefit amount per month. Additionally, for these employees the state mandated “out-of-pocket” monthly deductions will also be deposited into to this pool. D. D) The pool amount will shall be used to reduce payroll deductions for medical insurance. Each employee's deduction shall be reduced by the same percentage. The percentage will shall be determined by comparing the pool dollars available to the total premiums in excess of the insurance benefit amount. The estimated employee deduction and pool share shall be adjusted annually to distribute the pool equitably.

Pooling. Medical insurance premiums shall be based upon a single rate structure with proportional pooling and cost-cost limiting procedures being applied to all eligible District employees as follows: A. The District will shall calculate the premium for each eligible employee from a single- rate premium schedule provided by the insurance carriers based on the family category selected by the employee. B. In the event the eligible employee's total insurance cost, including the selected medical coverage coverage, exceeds the insurance benefit amount per month, a monthly payroll deduction shall be made in the amount of the excess. C. For employees who have a total insurance cost of less than the insurance benefit amount per month, the balance shall go into a Districtdistrict-wide pool of funds to be disbursed to reduce payroll deductions for those employees whose costs cost exceeds the insurance benefit amount per month. Additionally, for these employees employees, the state mandated “out-of-pocket” monthly deductions deduction will also be deposited into this pool. D. The pool amount will shall be used to reduce payroll deductions for medical insurance. Each employee's deduction shall be reduced by the same percentage. The percentage will shall be determined by comparing the pool dollars available to the total premiums in excess of the insurance benefit amount. The estimated employee deduction and pool share shall be adjusted annually to distribute the pool equitably.

Pooling. Medical insurance premiums shall be based upon a single rate structure with proportional pooling and cost-cost limiting procedures being applied to all eligible District employees as follows: A. A) The District will shall calculate the premium for each eligible employee from a single- single-rate premium schedule provided by the insurance carriers based on the family category selected by the employee. B. B) In the event the eligible employee's total insurance cost, cost including the selected medical coverage exceeds the insurance benefit amount per month, a monthly payroll deduction shall be made in the amount of the excess. C. C) For employees who have a total insurance cost of less than the insurance benefit amount per month, the balance shall go into a Districtdistrict-wide pool of funds to be disbursed to reduce payroll deductions for those employees whose costs cost exceeds the insurance benefit amount per month. Additionally, for these employees the state mandated “out-of-pocket” monthly deductions All mandatory employee minimum premium charges toward health insurance will also be deposited into to this pool.. (RCW 28A.400.280) D. D) The pool amount will shall be used to reduce payroll deductions for medical insurance. Each employee's deduction shall be reduced by the same percentage. The percentage will shall be determined by comparing the pool dollars available to the total premiums in excess of the insurance benefit amount. The estimated employee deduction and pool share shall be adjusted annually to distribute the pool equitably.