Common use of Shared Savings Clause in Contracts

Shared Savings. An employee shall be eligible to receive a payment from the District equal to one- half (1/2) of up to $500 $2,000 in savings recovered by the District where the savings result from the identification by the employee of errors in his/her hospital/surgical/medical bills.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Shared Savings. A. An employee shall be eligible to receive a payment from the District equal to one- one-half (1/2) of up to $500 $2,000 in savings recovered by the District where the savings result from the identification by the employee of errors in his/her hospital/surgical/medical bills. B. Any savings realized from the modifications negotiated into this Article have been used to fund a part of the wage increase.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Shared Savings. An employee shall be eligible to receive a payment from the District equal to one- one-half (1/2) of up to $500 $2,000 in savings recovered by the District where the savings result from the identification by the employee of errors in his/her hospital/surgical/medical bills.

Appears in 1 contract

Samples: Safety & Security Agreement

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Shared Savings. An employee shall be eligible to receive a payment from the District equal to one- one-half (1/2) of up to $500 $2,000 in savings recovered by the District where the savings result from the identification by the employee of errors in his/her hospital/surgical/medical bills.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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