Premium Contributions Sample Clauses

Premium Contributions. The Company pays the full premium cost to provide the above insurance coverage, excluding Long Term Disability Insurance. The premium cost for the Long Term Disability Plan is paid by the employee and deducted on a monthly basis.

Premium Contributions. The employer agrees to contribute toward the premium for health insurance coverage per employee, the same dollar amount contributed toward the premiums of other non-bargaining unit county employees who are paid from the general fund for their respective coverages (single, family, etc.).

Premium Contributions. 1. Each employee (except employees whose spouses are also eligible for coverage) may elect to refuse participation in the Employer’s Health Insurance Program and may provide for their own health insurance. The employer will place $50 in a trust account each month that the employee is eligible but does not elect coverage. The employee will receive the funds so accumulated by December 15 of each year or upon termination. An employee may elect to resume coverage the first of the month following a qualifying event. 2. In the event that the College reaches an agreement with any other bargaining unit to provide a higher monetary value for the health insurance waiver, the College agrees to reopen this agreement in the third year upon thirty days’ written notice from the Union to negotiate that limited issue.

Premium Contributions. The employee shall contribute the same amount toward the 35 cost of the health insurance premium as is paid by all non-bargaining unit employees of

Premium Contributions. Each full-time teacher is eligible to receive School District contributions toward the premium for individual coverage. Teachers may elect to receive family coverage in lieu of individual coverage if they have dependents. Part-time teachers who are employed to teach at least 60% of the day shall qualify for a VEBA Plan contribution and pro rata contributions to health insurance premiums.

Premium Contributions. 2 All employees (full-time and part-time) participating in the managed healthcare plan will be 3 required to contribute per the following monthly rate schedule. Contributions will be evenly 4 deducted on a weekly basis. 8 Medical POS HSA 11/20/2019 11/20/2019 EE $144 $30 EE+child(ren) $275 $57 EE+spouse $304 $63 EE+spouse+child(ren) $463 $96

Premium Contributions. (A) For plan years 2021 through 2025, Oregon Tech will contribute ninety-five percent (95%) of the monthly premium contributions for the core insurance benefits, and the employee will contribute five percent (5%). Where the bargaining unit member has the opportunity to choose between at least two (2) plans issued by the employer offered insurance program(s) and the bargaining unit member enrolls in the least expensive health insurance plan available to them, the bargaining unit member’s premium shall be reduced by two percent (2%). (B) Bargaining unit members are able to enroll for core insurance benefits within thirty (30) calendar days of their date of hire or during open enrollment. Coverage is effective the first day of the calendar month following enrollment, or pursuant to the enrollment process and timelines. (C) In the event employees in all other employee groups at Oregon Tech are required to contribute more than five percent (5%) of the monthly premium for core insurance benefits as identified in subsection (A), above, Oregon Tech and the Association agree to meet within thirty (30) calendar days of Oregon Tech providing notice to the Association of Oregon Tech’s intent to negotiate changes in the monthly premium identified in subsection (A), above.

Premium Contributions. Effective with the pay period that includes April 1, 2019, the monthly premium for full-time employees hired before September 1, 2017 who participate in the City’s insurance programs shall be an amount equal to fifteen percent (15%) of the funding rate established by the actuary for the City. The monthly premium for all full-time employees hired on or after September 1, 2017 who participate in the City’s insurance programs shall be an amount equal to twenty percent (20%) of the funding rate established by the actuary for the City. The funding rate established by the actuary for the City will be provided to the Union each benefit year of February 1 through January 31. The premium will be established as single and family rate. Half of the monthly premium will be deducted each pay-period not to exceed the total monthly premium. The monthly premium contribution for the HDHP/Health Savings Account design option, as set forth in Section 24.13 shall be fifty dollars ($50.00) per month less than the single rate established in the paragraph above and one hundred thirty dollars ($130.00) per month less than the family rate established in the paragraph above.

Premium Contributions. The monthly premium for full-time members hired before September 1, 2017 who participate in the City's insurance programs shall be an amount equal to thirteen percent (13%) of the negotiated insurance base effective with the pay period that includes April 1, 2017. Effective with the pay period that includes April 1, 2018, the monthly premium for full-time employees hired before September 1, 2017 who participate in the City’s insurance programs shall be an amount equal to fourteen percent (14%) of the funding rate established by the actuary for the City. Effective with the pay period that includes April 1, 2019, the monthly premium for full-time employees hired before September 1, 2017 who participate in the City’s insurance programs shall be an amount equal to fifteen percent (15%) of the funding rate established by the actuary for the City. The monthly premium for all full-time employees hired on or after September 1, 2017 who participate in the City’s insurance programs shall be an amount equal to twenty percent (20%) of the funding rate established by the actuary for the City. The funding rate established by the actuary for the City will be provided to the Union each benefit year of February 1 through January 31. The premium will be established as single and family rate. Half of the monthly premium will be deducted each pay- period not to exceed the total monthly premium.