Common use of Group Medical Insurance Clause in Contracts

Group Medical Insurance. The current health insurance plan (Century Preferred PPO Plan), including benefits and costs, shall remain in effect until June 30, 2021 as described in APPENDIX D. Effective July 1, 2021, members shall be moved into the High Deductible Health Plan (HDHP) with Health Savings Account (HSA) as described in APPENDIX E. For any employee ineligible for the HSA, the Town will establish a Health Reimbursement Account (HRA). The Town’s obligation under the HRA will be equivalent to its obligation to fund the HSA in any given year as set forth in Section 14.3 below.

Appears in 1 contract

Samples: Agreement

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Group Medical Insurance. The current health insurance plan (Century Preferred PPO Plan), including benefits and costs, shall remain in effect until June 30, 2021 as described in APPENDIX D. 2019. Effective July 1, 20212019, members shall be moved into the High Deductible Health Plan (HDHP) with Health Savings Account (HSA) as described in APPENDIX E. For any employee ineligible for the HSA, the Town will establish a Health Reimbursement Account (HRA). The Town’s obligation under the HRA will be equivalent to its obligation to fund the HSA in any given year as set forth in Section 14.3 below.C.

Appears in 1 contract

Samples: Agreement

Group Medical Insurance. The current health insurance plan (Century Preferred PPO Plan), including benefits and costs, shall remain in effect until June 30, 2021 as described in APPENDIX D. Effective July 1, 2021, members shall be moved into the High Deductible Health Plan (HDHP) with Health Savings Account (HSA) as described in APPENDIX E. For any employee ineligible for the HSA, the Town will establish a Health Reimbursement Account (HRA). The Town’s obligation under the HRA will be equivalent to its obligation to fund the HSA in any given year as set forth in Section 14.3 4 below.

Appears in 1 contract

Samples: Agreement

Group Medical Insurance. The current health insurance plan (Century Preferred PPO Plan), including benefits and costs, shall remain in effect until June 30, 2021 2020 as described in APPENDIX D. B. Effective July 1, 20212020, members shall be moved into the High Deductible Health Plan (HDHP) with Health Savings Account (HSA) as described in APPENDIX E. C. For any employee ineligible for the HSA, the Town will establish a Health Reimbursement Account (HRA). The Town’s obligation under the HRA will be equivalent to its obligation to fund the HSA in any given year as set forth in Section 14.3 4 below.

Appears in 1 contract

Samples: Agreement

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Group Medical Insurance. The current health insurance plan (Century Preferred PPO Plan), including benefits and costs, shall remain in effect until June 30, 2021 2022 as described in APPENDIX D. B. Effective July 1, 20212022, members shall be moved into the High Deductible Health Plan (HDHP) with Health Savings Account (HSA) as described in APPENDIX E. C. For any employee ineligible for the HSA, the Town will establish a Health Reimbursement Account (HRA). The Town’s obligation under the HRA will be equivalent to its obligation to fund the HSA in any given year as set forth in Section 14.3 belowyear.

Appears in 1 contract

Samples: Agreement Between Town of Rocky Hill And

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