ACO Plan Sample Clauses

ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2020; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $621.28, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $0.00/month. Family: $1,588.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $35.58/month. Passport Copay Plan: Single: $398.88 (Employee share: $473.72/month) Family: $748.22 (Employee share: $1,542.00/month)
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ACO Plan. The lesser of the Employer’s contribution for the Choice Passport Plan for 2019; or the actual cost of the ACO Plan premium. Employees shall be responsible for the difference between the monthly premium and the Employer’s monthly contribution. Based on a 6.0% premium increase for the Choice Passport Plan, this results in the following Employer contributions: Single: $587.26, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2018 Wellness Program). Employee share: $0.00/month. Family: $1,507.16, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2018 Wellness Program). Employee share: $28.02/month. Passport Copay Plan: Single: $398.88 (Employee share: $425.50/month) Family: $748.22 (Employee share: $1,415.54/month) Effective for the January 2020, insurance premiums, for each eligible employee covered by this Agreement who is employed full-time and who selects City provided health insurance, the Employer agrees to make to make the following contributions per month: Choice Passport Plan: 2019 contributions plus eighty-two and one-half percent (82.5%) of the premium increase for 2020, after any plan design changes; employees shall be responsible for the 2019 employee contribution, plus seventeen and one-half percent (17.5%) of the premium increase for 2020, after any plan design changes. Based on a 6.0% premium increase, this results in the following Employer contributions: Single: $673.64, plus $75 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $13.14/month. Family: $1,588.48, plus $45 per month to be deposited in a VEBA account (plus an additional $75 per month in a VEBA for completion of 2019 Wellness Program). Employee share: $206.96/month.
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Related to ACO Plan

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • Deferred Compensation Program ‌ Unit members shall continue to be eligible to join the County’s Deferred Compensation Plan. Said employees will be bound by the same Plan, rules and participation agreements as are generally applicable to other County employees. DSA acknowledges that County retains the right to alter, amend, or repeal the current plan, rules, and participation agreements, at any time. The County shall not charge an administrative fee to participating employees.

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