Common use of Increases in Premiums Clause in Contracts

Increases in Premiums. As the Employer may from time to time make modifications in the plan, the Association will be given at least thirty (30) days’ advance notice before implementation of any change. During the term of this Agreement, the parties agree that Article 11, Health and Welfare Programs, may only be opened for bargaining in good faith if there are material reductions in benefits related to the Health Reimbursement (HRA) and Health Savings (HSA) medical plans including, but not limited to , material increases in in-network deductible, out-of-pocket maximums, premium percentages or a material reduction in the employer contributions under the health incentive program. The premiums for the medical plans for plan year 2020 have been provided to the Association. Premiums for the medical plans for the 2021 and 2022 plan years shall not increase by more than 10% on a blended average basis, meaning for some categories the increases can be greater than 10% and others less than 10%. This commitment shall not apply to administrative changes (including physician networks) that may apply to the plan. The Employer agrees to provide written notice of benefit plan changes. The employee shall pay the difference, if any, between the Hospital’s contribution and the premium required in order to maintain her/his coverage.

Increases in Premiums. As the Employer may from time to time make modifications in the plan, the Association will be given at least thirty (30) days’ advance notice before implementation of any change. During the term of this Agreement, the parties agree that Article 11, Health and Welfare Programs, may only be opened for bargaining in good faith if there are material reductions in benefits related to the Health Reimbursement (HRA) and Health Savings (HSA) medical plans including, but not limited to to, material increases in in-network deductible, out-of-pocket maximums, premium percentages or a material reduction in the employer contributions under the health incentive program. The premiums for the medical plans for plan year 2020 2016 have been provided to the Association. Premiums for the medical plans for the 2021 2017 and 2022 2018 plan years shall not increase by more than 107% on a blended average basis, meaning for some categories the increases can be greater than 107% and others less than 107%. This commitment shall not apply to administrative changes (including physician networkspanels) that may apply to the plan. The Employer agrees to provide written notice of benefit plan changes. The employee shall pay the difference, if any, between the Hospital’s contribution and the premium required in order to maintain her/his coverage.