Hospitalization Plan. A six-member committee will be appointed to select the carrier for the hospitalization plan. Three members will be appointed by the WEA and three members by the Board. However, notwithstanding any recommendation from this committee, the Board of Education, in its sole discretion, will have absolute authority to select not only the carrier, but the hospitalization plan to be made with a cap of a $5000 deductible on a standard insurance plan. The Winner School District will pay the single premium for the school’s $1500/$2000/$5000 deductible hospitalization plan, carried by the Associated School Boards for each Member of the Bargaining Unit up to $535.00 In the event that the single premium increases above the District’s maximum obligation, the WEA may seek from the carrier an increase in the deductible, but such changes shall not increase the District’s obligation under this provision. Members of the Bargaining Unit may elect to use Plans A or Plan B or Plan C in accordance with the Winner School District’s Schedule of Benefits. Members who are of Medicare Eligibility Age may elect to receive ½ of the total single premium towards a Medicare Supplement Plan in lieu of the hospitalization plan. This is a taxable event.
Appears in 3 contracts
Sources: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement
Hospitalization Plan. A six-member committee will be appointed to select the carrier for the hospitalization plan. Three members will be appointed by the WEA and three members by the Board. However, notwithstanding any recommendation from this committee, the Board of Education, in its sole discretion, will have absolute authority to select not only the carrier, but the hospitalization plan to be made with a cap of a $5000 3500 deductible on a standard insurance plan. The Winner School District will pay the single premium for the school’s $1500/$2000/$5000 1500/$2000/$3500 deductible hospitalization plan, carried by the Associated School Boards for each Member of the Bargaining Unit up to $535.00 570.00. In the event that the single premium increases above the District’s maximum obligation, the WEA may seek from the carrier an increase in the deductible, but such changes shall not increase the District’s obligation under this provision. Members of the Bargaining Unit may elect to use Plans A or Plan B or Plan C in accordance with the Winner School District’s Schedule of Benefits. Members who are of Medicare Eligibility Age may elect will continue to receive ½ of the total single negotiated premium towards a Medicare Supplement Plan Plan(s) in lieu of the hospitalization plan. This is a taxable event.
Appears in 2 contracts
Sources: Negotiated Agreement, Negotiated Agreement
Hospitalization Plan. A six-member committee will be appointed to select the carrier for the hospitalization plan. Three members will be appointed by the WEA and three members by the Board. However, notwithstanding any recommendation from this committee, the Board of Education, in its sole discretion, will have absolute authority to select not only the carrier, but the hospitalization plan to be made with a cap of a $5000 deductible on a standard insurance plan. The Winner School District will pay the single premium for the school’s $1500/$2000/$5000 deductible hospitalization plan, carried by the Associated School Boards for each Member of the Bargaining Unit up to $535.00 530.00. In the event that the single premium increases above the District’s maximum obligation, the WEA may seek from the carrier an increase in the deductible, but such changes shall not increase the District’s obligation under this provision. Members of the Bargaining Unit may elect to use Plans A or Plan B or Plan C in accordance with the Winner School District’s Schedule of Benefits. Members who are of Medicare Eligibility Age may elect to receive ½ of the total single premium towards a Medicare Supplement Plan in lieu of the hospitalization plan. This is a taxable event.
Appears in 1 contract
Sources: Negotiated Agreement