Plan Years. 31 For Plan Years 202522, 202623, and 202724, the Hospital will base its 32 contributions and the employee’s contribution for the health and vision 33 components of the Core Benefits (standard plan) described above on the 1 premium sharing arrangement described and reflected in the percentages 2 described in the table on the next page: Level Monthly Hospital Contribution Monthly Employee Contribution Total Monthly Cost Full-time Part-time Full-time Part-time Total % Employee only 85-100% 67% 0-15% 33% 100% Employee & Spouse 80% 74% 20% 26% 100% Employee & Child(ren) 83% 74% 17% 26% 100% Employee & Family 77% 74% 23% 26% 100% 3 The Hospital may offer plans in addition to the standard plan, at different 4 contribution rates. Participation in plans other than the standard plan shall be 7 Eligible employees may use the Hospital's flexible credit contribution toward the 8 employee cost for Core or Optional Benefits. In addition, the Hospital continues 9 the Section 125 plan which employees may elect to fund with pre-tax dollars for 10 uses permitted by the IRS.
Appears in 1 contract
Sources: Tentative Agreement
Plan Years. 31 28 For Plan Years 2025222025, 2026232026, and 2027242027, the Hospital will base its 32 contributions 29 and the employee’s contribution for the health and vision 33 components of the 30 Core Benefits (standard plan) described above on the 1 premium sharing 31 arrangement described and reflected in the percentages 2 described in the 32 table on the next pagebelow: Level Monthly Hospital Contribution Monthly Employee Contribution Total Monthly Cost Full-time Part-time Full-time Part-time Total % Employee only 85-100% 67% 0-15% 33% 100% Employee & Spouse 80% 74% 20% 26% 100% Employee & Child(ren) 83% 74% 17% 26% 100% Employee & Family 77% 74% 23% 26% 100% 3 1 The Hospital may offer plans in addition to the standard plan, at different 4 2 contribution rates. Participation in plans other than the standard plan shall be 7 5 Eligible employees may use the Hospital's flexible credit contribution toward 6 the 8 employee cost for Core or Optional Benefits. In addition, the Hospital 7 continues 9 the Section 125 plan which employees may elect to fund with pre-pre- 8 tax dollars for 10 uses permitted by the IRS.
Appears in 1 contract
Sources: Collective Bargaining Agreement
Plan Years. 31 12 For Plan Years 2025222022, 2026232023, and 2027242024, the Hospital will base its 32 contributions 13 and the employee’s contribution for the health and vision 33 components of the 14 Core Benefits (standard plan) described above on the 1 premium sharing 15 arrangement described and reflected in the percentages 2 described in the 16 table on the next page: Level Monthly Hospital Contribution Monthly Employee Contribution Total Monthly Cost Full-time Part-time Full-time Part-time Total % Total% Employee only 85-100% 67% 0-15% 33% 100% Employee & Spouse 80% 74% 20% 26% 100% Employee & Child(ren) 83% 74% 17% 26% 100% Employee & Family 77% 74% 23% 26% 100% 3 17 The Hospital may offer plans in addition to the standard plan, at different 4 18 contribution rates. Participation in plans other than the standard plan shall be 7 19 voluntary.
1 Eligible employees may use the Hospital's flexible credit contribution toward 2 the 8 employee cost for Core or Optional Benefits. In addition, the Hospital 3 continues 9 the Section 125 plan which employees may elect to fund with pre-pre- 4 tax dollars for 10 uses permitted by the IRS.. 5
Appears in 1 contract
Sources: Collective Bargaining Agreement