Premium Cost Sharing. Employee premium cost sharing (based on a City-wide experience rate) shall be by payroll deduction and shall be as follows:
Premium Cost Sharing. Employee premium cost sharing shall be by payroll deduction and shall be as follows:
Premium Cost Sharing. The term “
Premium Cost Sharing. For regular full-time and represented seasonal employees the City will pay: • 91% of the tiered monthly premium cost of the medical insurance plan they have selected. • 100% of the premium cost for the dental plan they have selected; and • 100% of the premium for the vision insurance plan, unless the employee is on the City’s HMO plan. Represented seasonal employees shall be entitled to receive the same contribution for insurance benefits as full-time employees while employed.
Premium Cost Sharing. A. The term "premium cost" as used herein shall mean the premium rate that each carrier would charge the Board to provide the benefits specified in 8.2 for each level of coverage if the Board had funded those benefits on a fully-insured basis, giving full credibility to actual experiences. The Board shall provide the Association, upon request, with a written statement from each carrier of the premium rate that each carrier would charge the Board to provide the benefits specified in 8.2 for each level of coverage on a fully-insured basis.
Premium Cost Sharing. The term "
Premium Cost Sharing. The Employer's share of the premiums referred to in Article 31.01 will be 60% of the premium cost of BC MSP and the Insured Benefit Plan described above. The balance of the cost of the premiums will be deducted from employees' pay. The employee's share of the premiums will be deemed to first be allocated to LTD premium and then to the premium costs generally.
Premium Cost Sharing. Employers and Employees:
Premium Cost Sharing. The City shall pay up to one hundred seven percent (107%) of the average employee’s monthly medical, dental, and vision premiums over the prior calendar year for employees whose health care benefits are governed by the Labor-Management Health Care Committee. Costs above 107% shall be covered by the Rate Stabilization Reserve dollars and once the reserves are exhausted, the City shall pay 85% of the excess costs in healthcare and the employees shall pay 15% of the excess costs in healthcare.
Premium Cost Sharing. The Board shall pay eighty-three and one-half percent (83.5%) in 2014-2015, eighty-two and one-half percent (82.5%) in 2015-2016, and eighty-one and one-half percent (81.5%) in 2016-2017 of the cost of premium coverage. Participating employees shall pay the balance of such cost through payroll deduction.
