We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Prescription Drug Plan Clause in Contracts

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