Prescription Drug Plan. 1. The Medical Center shall pay a portion as described below of the premium cost of a Prescription Plan for each Permanent Full-time employee who has completed one (1) year of continuous employment with the Medical Center and who elect coverage. The Plan shall cover the employee and his/her eligible dependents and shall require payments for brand name prescriptions. The Medical Center and the Union agree to a new copay structure as per the agreement signed May 13, 2014. Level 1 = Annual salary of $40,000 ($19.23/per hour) or less Xxxxx 0 = Annual salary of greater than $40,000 ($19.24/per hour) but less than an annual salary of $80,000 ($38.46/per hour). Xxxxx 0 = Annual salary of $80,000 and greater ($38.47/per hour or more) Effective 1/1/12 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 12% premium share for employee and 88% share for the Medical Center Level 3 = 13% premium share for employee and 87% share for the Medical Center Effective 1/1/13 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 14% premium share for employee and 86% share for the Medical Center Level 3 = 15% premium share for employee and 85% share for the Medical Center Effective 1/1/14 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 16% premium share for employee and 84% share for the Medical Center Level 3 = 17% premium share for employee and 83% share for the Medical Center 2. The Medical Center shall pay a pro-rata cost of the Prescription Drug Plan for Part-Time I employees based on the hours the Part-Time I employee is regularly scheduled to work.
Appears in 3 contracts
Samples: Service and Maintenance Agreement, Service and Maintenance Agreement, Collective Bargaining Agreement
Prescription Drug Plan. 1. The Medical Center shall pay a portion as described below of the premium cost of a Prescription Plan for each Permanent Full-time employee who has completed one (1) year of continuous employment with the Medical Center and who elect elects coverage. The Plan shall cover the employee and his/her eligible dependents and shall require payments for brand name prescriptions. The Medical Center and the Union agree to a new copay structure as per the agreement signed May 13, 2014. Level 1 = Annual salary of $40,000 ($19.23/per hour) or less Xxxxx 0 = Annual salary of greater than $40,000 ($19.24/per hour) but less than an annual salary of $80,000 ($38.46/per hour). Xxxxx 0 = Annual salary of $80,000 and greater ($38.47/per hour or more) Effective 1/1/12 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 12% premium share for employee and 88% share for the Medical Center Level 3 = 13% premium share for employee and 87% share for the Medical Center Effective 1/1/13 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 14% premium share for employee and 86% share for the Medical Center Level 3 = 15% premium share for employee and 85% share for the Medical Center Effective 1/1/14 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 16% premium share for employee and 84% share for the Medical Center Level 3 = 17% premium share for employee and 83% share for the Medical Center
2. The Medical Center shall pay a pro-rata cost of the Prescription Drug Plan for Part-Time time I employees based on the hours the Part-Time time I employee is regularly scheduled to workwork for those Part Time I employees regularly scheduled to work twenty four (24) hours a week or more.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Prescription Drug Plan. 1. The Medical Center shall pay a portion as described below of the premium cost of a Prescription Plan for each Permanent Full-time employee who has completed one (1) year of continuous employment with the Medical Center and who elect elects coverage. The Plan shall cover the employee and his/her eligible dependents and shall require payments for brand name prescriptions. The Medical Center and the Union agree to a new copay structure as per the agreement signed May 13, 2014. Level 1 = Annual salary of $40,000 ($19.23/per hour) or less Xxxxx 0 = Annual salary of greater than $40,000 ($19.24/per hour) but less than an annual salary of $80,000 ($38.46/per hour). Xxxxx 0 = Annual salary of $80,000 and greater ($38.47/per hour or more) Effective 1/1/12 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 12% premium share for employee and 88% share for the Medical Center Level 3 = 13% premium share for employee and 87% share for the Medical Center Effective 1/1/13 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 14% premium share for employee and 86% share for the Medical Center Level 3 = 15% premium share for employee and 85% share for the Medical Center Effective 1/1/14 Level 1 = 10% premium share for employee and 90% share for the Medical Center Level 2 = 16% premium share for employee and 84% share for the Medical Center Level 3 = 17% premium share for employee and 83% share for the Medical Center
2. The Medical Center shall pay a pro-rata cost of the Prescription Drug Plan for Part-Time I employees based on the hours the Part-Time I employee is regularly scheduled to workwork for those Part Time I employees regularly scheduled to work twenty four (24) hours a week or more.
Appears in 1 contract
Samples: Collective Bargaining Agreement