Value Plan. The medical Value Plan shall continue to follow the guidelines, outlined per the Affordable Care Act, to provide essential benefits at least equal in value to the bronze level benefit available on the healthcare exchange. This includes the annual deductible, annual out-of- pocket maximum, copayments and coinsurance. Employee only contributions will continue to follow safe harbor provisions, not to exceed the applicable percentage of the Federal Poverty Level as defined by the IRS annually.
Value Plan. A unit member with a spouse who is also a unit member and or employed by the district will not be able to enroll in two separate health insurance plans. Employees who are covered by a medical plan provided by any other employer may elect in writing to accept a Waiver Option Plan as detailed below.
Value Plan. The employee shall pay the difference in premium for any other plan selected by the employee beyond the cost of Blue Point 2 Value. Unit members who elect not to take health insurance (other than a single plan) from the District will be eligible for an annual stipend of $5,000 ($2,500 in January and $2,500 in June) with proof that the member is enrolled in another health insurance plan. In the event the unit member, due to unforeseen circumstances and provided the unit member meets reenrollment eligibility requirements, requests to rejoin the District’s health insurance plan, the stipend will be prorated accordingly and the unit member will be reenrolled. In the event the unit member ceases to be enrolled during the year the stipend will be prorated accordingly.
Value Plan. The employee shall pay the difference in premium for any other plan selected by the employee beyond the cost of Blue Point 2 Value. The District contribution will not exceed 100% of the Simply Blue HDHP plan. For members hired on or after July 1, 2015: The District shall pay 85% of the premium costs of the Blue Point 2 Value Plan. The employee shall pay the difference in premium for any other plan selected by the employee beyond the cost of Blue Point 2 Value. The District contribution will not exceed 100% of the Simply Blue HDHP plan. Unit members who elect not to take health insurance (other than a single plan) from the District will be eligible for an annual stipend of $5,000 ($2,500 in January and $2,500 in June) with proof that the member is enrolled in another health insurance plan. In the event the unit member, due to unforeseen circumstances and provided the unit member meets reenrollment eligibility requirements, requests to rejoin the District’s health insurance plan, the stipend will be prorated accordingly and the unit member will be reenrolled. In the event the unit member ceases to be enrolled during the year the stipend will be prorated accordingly.
Value Plan. The employee shall pay the difference in premium for any other plan selected by the employee beyond the cost of the Blue Point 2 Value.
Value Plan. For employees who choose the Value Plan, the employer shall deposit 50 percent of the difference in the monthly premium cost between the Core Plan and the Value Plan in an I.R.S. Section 105-h account. Monies deposited in such account shall roll over year to year until expended or until the employee’s death at which time any unexpended funds shall revert to the County.
