Medical. Dental. Vision and Life Sample Clauses
Medical. Dental. Vision and Life. For the duration of this Agreement, the following provisions shall apply with respect to insurance benefits:
A. Effective January 1, 2019, only two (2) plans will be available. One of which will be an HSA. The other will be a new traditional plan (presently Option B). The Board of Education may also make other medical plan options available to employees.
B. An employee who is regularly scheduled to work four (4) or more hours per day is eligible to elect either the district’s available HSA plan or a new traditional plan (presently Option B), as well as a dental insurance plan, and a vision insurance plan offered by the Board. Coverage will begin with the employee’s first work day. An employee’s ability to change from single to family coverage, or vice versa, is governed by the rules of the insurer.
C. Enrolled Employees will pay 16% for family coverage and 16% for single coverage of the monthly premium effective July 2021, 16.5% effective July 2022, and 17% effective July 2023, for the new traditional plan (presently Option B) medical insurance. Those who take medical insurance will also be eligible to enroll for dental and vision coverage at no additional cost. If the employee does not take medical insurance, he/she can still get dental/vision at a cost of 22% of the monthly premium.
D. In addition to the above plan, the board will provide a medical insurance option based on the Health Savings Account (HSA) concept. This HSA plan will have a lower cost and a higher deductible than the Board's traditional (presently Option B) plan. It will allow employees to contribute to their HSA on a pre-tax basis. HSA money may be used to reimburse the employee for unreimbursed medical costs and, if not spent by the end of the year, will carry over into the succeeding year within the employee’s HSA. Bus drivers who sign up for the HSA will have $900.00 placed into their HSA by the Board of Education. The Board’s HSA contribution will be $37.50 per payroll effective July 2021. The HSA’s non-embedded deductibles will be $2000 for those on a single HSA plan and $4000 for those on the family HSA plan. HSA Plan enrolled employees shall contribute 1% towards the monthly premium for the HSA plan effective July 2021, 2% towards the monthly premium for the HSA plan effective July 2022, and 3% towards the monthly premium for the HSA plan effective July 2023. The co-premium contributions will be treated similar to the monthly co-premium contributions made for the Traditional Opti...
Medical. Dental. Vision and Life. For the duration of this Agreement, the following provisions shall apply with respect to insurance benefits:
A. Effective January 1, 2019, only two (2) plans will be available. One of which will be an HSA. The other will be a new traditional plan (presently Option B). The Board of Education may also make other medical plan options available to employees.
B. An employee who is regularly scheduled to work four (4) or more hours per day is eligible to elect either the district’s available HSA plan or a new traditional plan (presently Option B), as well as a dental insurance plan, and a vision insurance plan offered by the Board. An employee’s ability to change from single to family coverage, or vice versa, is governed by the rules of the insurer.
C. Insurance-eligible employees hired as regular drivers prior to January 1, 2007 will pay 15.5% for family coverage and 15.5% for single coverage of the monthly premium for the new traditional plan (presently Option B) medical insurance. Those who take medical insurance will also be eligible to enroll for dental and vision coverage at no additional cost. If the employee does not take medical insurance, he/she can still get dental/vision at a cost of 22% of the monthly premium. Insurance-eligible employees hired as regular drivers after January 1, 2007 and whose regularly scheduled route time is less than 1920 hours per year will pay a monthly share of the premium cost based on their actual scheduled route time (i.e. excludes trip time and other extras) for their medical policy. The maximum amount the Board will pay is calculated using the following formula: This formula will cease to exist after the employee's 3 year anniversary as a regular driver, at which point the driver will pay 15.5% of the traditional plan (presently Option B) or zero (0) dollars for the HSA plan.. Insurance eligible employees are eligible for a single HSA coverage at zero (0) dollars premium after the employee serves one (1) year as a regular driver. Those who take medical insurance will also be eligible to enroll for dental and vision coverage at no additional cost. If the employee does not take medical insurance, he/she can still get dental/vision at a percentage of the monthly premium determined by the above formula.
D. In addition to the above plan, the board will provide a medical insurance option based on the Health Savings Account (HSA) concept. This HSA plan will have a lower cost and a higher deductible than the Board's traditional ...