District Premium Cap Clause Samples

District Premium Cap. The District will pay up to the following amounts for employee premiums related to OEBB approved Medical, Dental, and Vision, Life, Accidental Death and Dismemberment Coverage and other OEBB offered insurance coverage per month for eligible employees in Cohort A and Cohort B. This is the District’s Premium Cap. Employees are 100% responsible for premium amounts over the District Premium Cap. Starting October 1, 2022 –$1565.00 Per Month Starting October 1, 2023 –$1620.00 Per Month The parties agree to reopen section 13.2 of this Article in the spring of 2024 to negotiate over the insurance cap amount for the 2024-2025 contract year.