Wellness Rebate Compensation. Each unit member who submits to the District an approved Wellness certification that verifies that the unit member has satisfied all of the Wellness requirements referenced in section 1(c) below, each year shall receive a Wellness Rebate equal to five percent (5%) of the total premium cost of the Low Cost plan based upon the subscriber level selected for the year. The value of the five percent (5%) Wellness Rebate Compensation will change each year depending upon the total premium cost of the low cost medical plan provided by the District. The Wellness requirements must be completed by May 15th in order to receive the rebate on a monthly basis.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Wellness Rebate Compensation. Each unit member who submits to the District an approved Wellness certification that verifies that the unit member has satisfied all of the Wellness requirements referenced in section 1(c9.8.2(c) below, each year shall receive a Wellness Rebate equal to five percent (5%) of the total medical premium cost of the applicable Low Cost plan based upon the subscriber level selected for the year. The value of the five percent (5%) Wellness Rebate Compensation will change each year depending upon the total premium cost of the low cost medical plan provided by the District. The Wellness requirements must be completed by May 15th in order to receive the rebate on a monthly basis.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Contract, Collective Bargaining Agreement
Wellness Rebate Compensation. Each unit member who submits to the District an approved Wellness certification that verifies that the unit member has satisfied all of the Wellness requirements referenced in section 1(c9.8.2(c) below, each year shall receive a Wellness Rebate equal to five percent (5%) of the total average of the premium costs for all medical plans offered (based on the number of dependents covered and selected by the unit member) and the actual cost of the Low Cost medical plan based upon premium selected by the subscriber level selected for the yearunit member. The value of the five percent (5%) Wellness Rebate Compensation will change each year depending upon the total premium cost of the low cost average of the premium costs for all medical plan plans offered provided by the District. The Wellness requirements must be completed by May 15th in order to receive the rebate on a monthly basis.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
