Premium Calculations. 6 For Kaiser Plans, the premium charges shall be the amount charged by 7 Kaiser to the County. For the Moda plans, the premium charges shall be calculated, 8 using sound actuarial principles, and include projected claim costs based on plan 9 experience as required by state regulations, Incurred But Not Reported (IBNR) 10 expenses, federal or state assessments, pharmaceutical claim expenses, stop-loss 11 premiums, third-party benefit plan administration costs, and an appropriate trend 12 factor selected to limit County contributions and employee cost shares while 13 providing adequate funding for plan operations. 14 If a government agency or other taxing authority imposes or increases a 15 tax or other charge upon the County’s Medical and/or Dental benefit plan(s) or any 16 activity of the plan(s), the County may increase the appropriate premium(s) to include 17 the new or increased tax or charge.
Premium Calculations. Premiums for all plans shall be established using standard actuarial principles or actual rates being charged by the carrier or HMO. Covered employees for premium calculation purposes shall include all employees receiving the same benefits.
Premium Calculations. 6 For Kaiser Plans, the premium charges shall be the amount charged by Kaiser
Premium Calculations. 24 1. For Kaiser Plans, the premium charges shall be the amount charged by 25 Kaiser to the County. For the Moda plans, the premium charges shall be calculated, using 44 1 sound actuarial principles, and include projected claim costs based on plan experience as 2 required by state regulations, IBNR expenses, federal and state Insurance Pool assessments, 3 pharmaceutical claim expenses, stop-loss premiums, third-party benefit plan administration 4 costs, and an appropriate trend factor selected to limit County contributions and employee cost 5 shares while providing adequate funding for plan operations.
Premium Calculations. 19 For Kaiser Plans, the premium charges shall be the amount charged by 20 Kaiser to the County. For the MODA plan, the premium charges shall be calculated, 21 using sound actuarial principles, and include projected claim costs based on plan 22 experience as required by state regulations, IBNR expenses, federal or Oregon Pool 23 assessments, pharmaceutical claim expenses, stop-loss premiums, third-party benefit 24 plan administration costs, and an appropriate trend factor selected to limit County 25 contributions and employee cost shares while providing adequate funding for plan 26 operations.
Premium Calculations. 13 For Kaiser Plans, the premium charges shall be the amount 14 charged by Kaiser to the County. For the ODS plans, the premium charges shall 15 be calculated, using sound actuarial principles, and include projected claim costs 16 based on plan experience as required by state regulations, IBNR expenses, 17 Oregon Medical Insurance Pool assessments, pharmaceutical claim expenses, 18 stop-loss premiums, third-party benefit plan administration costs, and an 19 appropriate trend factor selected to limit County contributions and employee cost 20 shares while providing adequate funding for plan operations. 21 Other than the High Cost Employer Sponsored Health Coverage 22 Excise Tax (“Excise Tax”), if a government agency or other taxing authority 23 imposes or increases a tax or other charge upon the County’s Medical and/or 24 Dental benefit plan(s) or any activity of the plan(s), the County may increase the 25 appropriate premium(s) to include the new or increased tax or charge.
Premium Calculations. 8 1. For Kaiser Plans, the premium charges shall be the amount 9 charged by Kaiser to the County. For the Moda plans, the premium charges shall be 10 calculated, using sound actuarial principles, and include projected claim costs based 11 on plan experience as required by state regulations, IBNR expenses, Federal or 12 Oregon state assessments, pharmaceutical claim expenses, stop-loss premiums, 13 third-party benefit plan administration costs, and an appropriate trend factor selected 14 to limit County contributions and employee cost shares while providing adequate 15 funding for plan operations. The Association may challenge the accuracy of the 16 premium calculations through the grievance and arbitration procedure and the 17 arbitrator shall have the authority to award a refund of excess contributions for the 18 calendar year in which the miscalculation was determined to have occurred.
Premium Calculations. 6 For Kaiser Plans, the premium charges shall be the amount charged 7 by Kaiser to the County. For the self-funded medical and dental Preferred Provider 8 Plans (PPO), the premium charges shall be calculated, using sound actuarial 9 principles, and include projected claim costs based on plan experience as required 10 by state regulations, Incurred But Not Reported (IBNR) expenses, pharmaceutical 11 claim expenses, stop-loss premiums, third-party benefit plan administration costs, 12 and an appropriate trend factor selected to limit County contributions and 13 employee cost shares while providing adequate funding for plan operations. 14 If a government agency or other taxing authority imposes or 15 increases a tax or other charge upon the County’s Medical and/or Dental benefit 16 plan(s) or any activity of the plan(s), the County may increase the appropriate 17 premium(s) to include the new or increased tax or charge.
Premium Calculations. Insurance premiums will be calculated monthly and deducted from the lease operator’s account. • Premiums will be reviewed annually.
Premium Calculations. Insurance premiums will be calculated monthly and deducted from the owner operator’s account. • Premiums will be reviewed annually. SCHEDULE “G” RETIREMENT SAVINGS PLAN All remittances are per month and are remitted to the Union on behalf of company drivers who work at least one hundred twenty (120) hours in a month. Scheduled vacation and Article 11 holidays are deemed to be time worked. Duke Point Location Xxxx Xxxxx shall be grandfathered his current contribution level. Other Locations: The employer will match company driver contributions at the following schedules. 1 to 5 years employment 6 to 10 years’ employment 11 and Up employment $125.00 $175.00 $225.00 Effective January first (1st), two thousand and fourteen (2014), the Company shall match contributions to the Union’s RRSP in the amount of up to one hundred dollars ($100.00) per month for every Owner Operator or employee of an Owner Operator who has two (2) completed years of seniority with the Company. Matching contributions by the Company shall neither be retroactive nor cumulative and shall be limited to one hundred dollars ($100.00) per driver in any month, subject to the matching contribution of the Owner Operator or employee of an Owner Operator in that month. The Company agrees to deduct and remit amounts upon the written request of any driver participating in the plan. This program shall be voluntary. SCHEDULE “H” INSURANCE PLAN COVERAGE – GOLD PLUS PLAN (This Schedule does not form part of the collective agreement but is for information purposes only.) • $100,000.00 life insurance per employee under age 65; $50,000.00 per employee between the ages of 65 and 75; • $100,000.00 A.D. & D. per employee under 65; $50,000.00 per employee between the ages of 65 and 75; • Dental plan at the latest fee schedule available; Basic services: 100% up to $2,000.00 per person annually Comprehensive: 50% up to $2,000.00 per person annually Orthodontic: 50% up to $3,000.00 lifetime maximum per child under 19 • Prescription drug plan for employee and family at 80% up to $3,000.00 per person annually (or the provincial Pharmacare cap, if any) and 100% thereafter; • Optical insurance for employee and family: under 21: $300.00 per year 21and over: $300.00 every two years • Extended health coverage for employee and family; • Semi-private hospital coverage with no deductible for employee and family; • Weekly indemnity insurance (to age 75) with 60% of earnings up to a maximum of $600.00 per week, payable after t...
