Common use of MEDICAL COVERAGE PROGRAM Clause in Contracts

MEDICAL COVERAGE PROGRAM. 368 Section A. Medical Premiums 369 1. FY2022: The City will pay up to a 6.24% increase over 2021 rates, or the actual 370 premium, whichever is less, based on type of individual enrollments. as follows 371 ENROLLMENT TYPE 2021 Max Calculation FY2022 Oct- Dec Max FY2022 Jan- Sept Max Employee Only $531.53 (531.53*106.24%) $531.53 $564.69 372 373 2. FY2023: The City will pay up to a 6.24% increase over 2022 city covered rates, or the 374 actual premium, whichever is less, based on type of individual enrollments. 375 3. FY2024: The City will pay up to a 6.24% increase over 2023 city covered rates, or the 376 actual premium, whichever is less, based on type of individual enrollments. 377 It is agreed that for application of any premium increase amounts indemnified by the City that 378 such increases must be based upon identical policy benefits between the years being compared 379 and that the bargaining unit agrees to provide documentation verifying the benefits for both 380 policy years at the time a request is made to increase the premium payment from the previous 381 year.

MEDICAL COVERAGE PROGRAM. 368 371 Section A. Medical Premiums 369 372 1. FY2022: The City will pay up to a 6.24% increase over 2021 rates, or the actual 370 373 premium, whichever is less, based on type of individual enrollments. as follows 371 374 ENROLLMENT TYPE 2021 Max Calculation FY2022 Oct- Dec Max FY2022 Jan- Sept Max Employee Only $531.53 (531.53*106.24%) $531.53 $564.69 372 373 375 376 2. FY2023: The City will pay up to a 6.24% increase over 2022 city covered rates, or the 374 377 actual premium, whichever is less, based on type of individual enrollments. 375 378 3. FY2024: The City will pay up to a 6.24% increase over 2023 city covered rates, or the 376 379 actual premium, whichever is less, based on type of individual enrollments. 377 380 It is agreed that for application of any premium increase amounts indemnified by the City that 378 381 such increases must be based upon identical policy benefits between the years being compared 379 382 and that the bargaining unit agrees to provide documentation verifying the benefits for both 380 383 policy years at the time a request is made to increase the premium payment from the previous 381 384 year.