Premium Sharing. Eligible bargaining unit members who choose to enroll in the University’s health insurance plan will contribute the following percentages of the Fully Insured Equivalent or such other calculation as detailed in Appendix D or such lesser percentage that the University charges to any other employees, for medical, dental, vision and prescription drug benefits:
Premium Sharing. 30.01 The total of the premiums for the Group Health Insurance Plan, Group Life Insurance Plan, Group Dental Plan and Group Long-Term Disability Plan are shared on an equal basis by the Employer and the employee.
Premium Sharing. Metro shall contribute ninety-two (92%) of the insurance premium costs per plan and employees shall pay eight (8%) of the premium costs per plan selected by the employee. The premium cost used in these calculations shall be the amount agreed to with the carriers. No cost sharing between plans or any other premium cost adjustments shall be made. These premiums will be paid through payroll deduction for medical, dental, and vision plans provided by an HMO and/or indemnity carrier. Metro agrees to pay an amount up to $150 per month to full-time employees who provide proof of other medical coverage and who opt out of medical and dental coverage through Metro.
Premium Sharing. Employees electing coverage shall continue to pay the same premium contribution as of the expiration of the prior collective bargaining agreement (December 31, 2006) which is the same as other County general fund non-bargaining unit employees and the Employer shall pay the balance. However, in the event other County general fund non-bargaining unit employees are required to pay greater insurance premium contributions, bargaining unit employees shall pay the increased premium contributions not to exceed twenty percent (20%) of the established premium for the category selected. For purposes of administering this Section, the in-category premium is the COBRA rate established by the third party administrator or actuary. Employees are responsible for paying their portion of the co-payment on premiums through payroll deduction. Employees electing not to accept coverage must sign a waiver.
Premium Sharing. Eligible bargaining unit members who choose to enroll in the University’s health insurance plan will contribute the following percentages of the Fully Insured Equivalent or such other calculation as detailed in Appendix G or such lesser percentage that the University charges to any other employees, for medical, dental, vision and prescription drug benefits:
A) Effective July, 1, 2021 and continuing through June 30, 2022, all bargaining unit members shall contribute fifteen (15) percent of the fully insured equivalent rate for their subscriber selection as detailed in Appendix G (90/10 Plan). Effective July 1, 2022, all bargaining unit members shall contribute eighteen
Premium Sharing. Eligible bargaining unit members who choose to enroll in the University’s health insurance plan will contribute the following percentages of the Fully Insured Equivalent or such other calculation as detailed in Appendix D or such lesser percentage that the University charges to any other employees, for medical, dental, vision and prescription drug benefits:
A. Employees will contribute, via payroll deduction, an aggregate of 15% of the Funding Level. For the plan year beginning July 1, 2017, once the Funding Rates are determined for the Em- ployee Only; Employee + One Dependent; and Family (Employee + two or more dependents) contracts, the University and the Association will meet to identify the flat percentage of sala- ry within the bargaining unit that is required for Funding Level to be reached. Once both sides agree to the flat percentage, it will be implemented by the University.
B. Notwithstanding the foregoing formula, employees shall pay no more or no less than the fol- lowing percentages of the Funding Rates: Minimum 10%; Maximum 20%
C. Effective July 1, 2018 and thereafter, employees will contribute, via payroll deduction, 15% of the cost of Employee Only, Employee + One Dependent, and Family (Employee + two or more dependents) of the full premium for fully insured components, or for self-insured com- ponents, the established fully insured equivalent rates or such calculation as detailed in Ap- pendix D. Payments shall be deducted in equal amounts from each eligible bargaining unit member’s semi-monthly paychecks.
Premium Sharing. Eligible employees shall contribute to the premium expense for the Employee Medical Plan according to the Total Health Memorandum of Understanding, attached as Addendum E.
Premium Sharing. Employees will contribute to the district, via payroll deduction, an amount equal to twenty percent (20%) of the total monthly premium for the benefits listed in this Article.
Premium Sharing. If there is more than one Health, Dental or Vision Insurance plan the BOARD shall pay premiums based upon the following percentage of the least expensive plan based on the following schedule: BOARD PORTION - 80% of the cost of each such benefit, as determined at least annually by the Insurance Administrator or the insurance provider.
Premium Sharing. The Insurance Committee has established a procedure for determining employee health insurance premiums as referenced in its by-laws. Located at S:\Human Resources Information\Benefit Information\Insurance Committee By-Laws 031017.docx
