Salary and Wage Related Fringe Benefits. A. Medical Insurance- School employee will be responsible for amount indicated below toward the cost of hospital, surgical, and medical care type insurance, including major medical, for each full time teacher employed under regular contract and enrolled in the school corporation’s group medical plan. Any insurance increase will be assessed on a pro-rated basis based upon the current percentage between the employee and the employer until the current contract is settled. Annual Premium Corporation Share Employee Share Bi-Weekly PPO 1 PLAN 26 Pays $750 PPO 1 PLAN EMPLOYEE $13,944.00 $12,173.11 $1,770.89 $68.12 $1,500.00 PPO 1 PLAN EMPLOYEE & CHILD $22,164.00 $11,946.40 $10,217.60 $392.99 EMPLOYEE& SPOUSE $28,476.00 $15,149.23 $13,326.77 $512.57 FAMILY $36,288.00 $18,906.05 $17,381.95 $668.55 PPO 2 PLAN $1,500 PPO 2 PLAN EMPLOYEE $10,584.00 $9,165.74 $1,418.26 $54.55 $3,000.00 PPO 2 PLAN EMPLOYEE & CHILD $17,844.00 $10,563.65 $7,280.35 $280.02 EMPLOYEE& SPOUSE $22,476.00 $13,283.32 $9,192.68 $353.57 FAMILY $28,560.00 $16,536.24 $12,023.76 $462.46 HDHP 1 PLAN $3,400.00 HDHP 1 PLAN EMPLOYEE $9,396.00 $8,475.19 $920.81 $35.42 $6,750.00 HDHP 1 PLAN EMPLOYEE & CHILD $15,564.00 $10,490.14 $5,073.86 $195.15 EMPLOYEE& SPOUSE $19,728.00 $13,296.67 $6,431.33 $247.36 FAMILY $25,380.00 $16,750.80 $8,629.20 $331.90 HDHP 2 PLAN $6,000.00 HDHP 2 PLAN EMPLOYEE $7,884.00 $7,079.83 $804.17 $30.93 $12,000.00 HDHP 2 PLAN EMPLOYEE & CHILD $12,984.00 $10,439.14 $2,544.86 $97.88 EMPLOYEE& SPOUSE $16,572.00 $13,307.32 $3,264.68 $125.57 FAMILY $21,300.00 $16,763.10 $4,536.90 $174.50 B. Term Life Insurance- The Board will pay toward the cost of term life insurance in the amount of $50,000.00 coverage, including AD & D, per full-time teacher employed under regular contract and enrolled in the school corporation's group term insurance plan, with the teacher paying no more than One Dollar ($1.00) per year. If approved by the school corporation's term insurance carrier, a teacher shall be allowed to purchase additional coverage, at the teacher's sole expense, through payroll deduction.
Appears in 1 contract
Samples: Contract
Salary and Wage Related Fringe Benefits. A. Medical Insurance- School employee will be responsible for amount indicated below toward the cost of hospital, surgical, and medical care type insurance, insurance including major medical, for each full time teacher employed under regular contract and enrolled in the school corporation’s group medical plan. Any insurance increase will be assessed on a pro-rated basis based upon the current percentage between the employee and the employer until the current contract is settled. Annual Premium Corporation Share Employee Share Bi-Weekly PPO 1 PLAN 26 Pays $750 500 PPO 1 PLAN EMPLOYEE $13,944.00 9,900.00 $12,173.11 8,642.70 $1,770.89 1,257.30 $68.12 48.36 $1,500.00 1,000.00 PPO 1 PLAN EMPLOYEE & CHILD $22,164.00 15,420.00 $11,946.40 8,311.38 $10,217.60 7,108.62 $392.99 273.41 EMPLOYEE& SPOUSE $28,476.00 20,208.00 $15,149.23 10,750.66 $13,326.77 9,457.34 $512.57 363.75 FAMILY $36,288.00 25,752.00 $18,906.05 13,416.79 $17,381.95 12,335.21 $668.55 474.44 PPO 2 PLAN $1,500 PPO 2 PLAN EMPLOYEE $10,584.00 7,608.00 $9,165.74 6,588.53 $1,418.26 1,019.47 $54.55 39.22 $3,000.00 PPO 2 PLAN EMPLOYEE & CHILD $17,844.00 12,408.00 $10,563.65 7,345.54 $7,280.35 5,062.46 $280.02 194.71 EMPLOYEE& SPOUSE $22,476.00 16,272.00 $13,283.32 9,616.75 $9,192.68 6,655.25 $353.57 255.98 FAMILY $28,560.00 20,676.00 $16,536.24 11,971.40 $12,023.76 8,704.60 $462.46 334.80 HDHP 1 PLAN $3,400.00 3,000.00 HDHP 1 PLAN EMPLOYEE $9,396.00 6,624.00 $8,475.19 5,974.85 $920.81 649.15 $35.42 24.97 $6,750.00 6,000.00 HDHP 1 PLAN EMPLOYEE & CHILD $15,564.00 10,824.00 $10,490.14 7,295.38 $5,073.86 3,528.62 $195.15 135.72 EMPLOYEE& SPOUSE $19,728.00 14,184.00 $13,296.67 9,560.02 $6,431.33 4,623.98 $247.36 177.85 FAMILY $25,380.00 18,024.00 $16,750.80 11,895.84 $8,629.20 6,128.16 $331.90 235.70 HDHP 2 PLAN $6,000.00 5,000.00 HDHP 2 PLAN EMPLOYEE $7,884.00 5,520.00 $7,079.83 4,956.96 $804.17 563.04 $30.93 21.66 $12,000.00 10,000.00 HDHP 2 PLAN EMPLOYEE & CHILD $12,984.00 9,036.00 $10,439.14 7,264.94 $2,544.86 1,771.06 $97.88 68.12 EMPLOYEE& SPOUSE $16,572.00 11,844.00 $13,307.32 9,510.73 $3,264.68 2,333.27 $125.57 89.75 FAMILY $21,300.00 15,024.00 $16,763.10 11,823.89 $4,536.90 3,200.11 $174.50 123.09 B. Term Life Insurance- Insurance-The Board will pay toward the cost of term life insurance in the amount of $50,000.00 coverage, including AD & D, per full-time teacher employed under regular contract and enrolled in the school corporation's group term insurance plan, with the teacher paying no not more than One Dollar ($1.00) per year. If approved by the school corporation's term insurance carrier, a teacher shall be allowed to purchase additional coverage, at the teacher's sole expense, through payroll deduction.
Appears in 1 contract
Samples: Contract
Salary and Wage Related Fringe Benefits. A. Medical Insurance- School employee will be responsible for amount indicated below toward the cost of hospital, surgical, and medical care type insurance, including major medical, for each full full-time teacher employed under regular contract and enrolled in the school corporation’s group medical plan. Any insurance increase will be assessed on a pro-rated basis based upon the current percentage between the employee and the employer until the current contract is settled. Annual Premium Corporation Share Employee Share Bi-Weekly PPO 1 PLAN 26 Pays $750 PPO 1 PLAN EMPLOYEE $13,944.00 14,784.00 $12,173.11 12,906.43 $1,770.89 1,877.57 $68.12 72.22 $1,500.00 PPO 1 PLAN EMPLOYEE & CHILD $22,164.00 23,508.00 $11,946.40 12,670.81 $10,217.60 10,837.19 $392.99 416.82 EMPLOYEE& SPOUSE $28,476.00 30,204.00 $15,149.23 16,068.53 $13,326.77 14,135.47 $512.57 543.68 FAMILY $36,288.00 38,496.00 $18,906.05 20,056.42 $17,381.95 18,439.58 $668.55 709.22 PPO 2 PLAN $1,500 PPO 2 PLAN EMPLOYEE $10,584.00 11,220.00 $9,165.74 9,716.52 $1,418.26 1,503.48 $54.55 57.83 $3,000.00 PPO 2 PLAN EMPLOYEE & CHILD $17,844.00 18,924.00 $10,563.65 11,203.01 $7,280.35 7,720.99 $280.02 296.97 EMPLOYEE& SPOUSE $22,476.00 23,844.00 $13,283.32 14,091.80 $9,192.68 9,752.20 $353.57 375.09 FAMILY $28,560.00 30,300.00 $16,536.24 17,543.70 $12,023.76 12,756.30 $462.46 490.63 HDHP 1 PLAN $3,400.00 HDHP 1 PLAN EMPLOYEE $9,396.00 9,960.00 $8,475.19 8,983.92 $920.81 976.08 $35.42 37.55 $6,750.00 HDHP 1 PLAN EMPLOYEE & CHILD $15,564.00 16,512.00 $10,490.14 11,129.09 $5,073.86 5,382.91 $195.15 207.04 EMPLOYEE& SPOUSE $19,728.00 20,928.00 $13,296.67 14,105.47 $6,431.33 6,822.53 $247.36 262.41 FAMILY $25,380.00 26,928.00 $16,750.80 17,772.48 $8,629.20 9,155.52 $331.90 352.14 HDHP 2 PLAN $6,000.00 HDHP 2 PLAN EMPLOYEE $7,884.00 8,364.00 $7,079.83 7,510.87 $804.17 853.13 $30.93 32.82 $12,000.00 HDHP 2 PLAN EMPLOYEE & CHILD $12,984.00 13,776.00 $10,439.14 11,075.90 $2,544.86 2,700.10 $97.88 103.85 EMPLOYEE& SPOUSE $16,572.00 17,580.00 $13,307.32 14,116.74 $3,264.68 3,463.26 $125.57 133.21 FAMILY $21,300.00 22,596.00 $16,763.10 17,783.05 $4,536.90 4,812.95 $174.50 185.12 B. Term Life Insurance- The Board will pay toward the cost of term life insurance in the amount of $50,000.00 coverage, including AD & D, per full-time teacher employed under regular contract and enrolled in the school corporation's group term insurance plan, with the teacher paying no more than One Dollar ($1.00) per year. If approved by the school corporation's term insurance carrier, a teacher shall be allowed to purchase additional coverage, at the teacher's sole expense, through payroll deduction.
Appears in 1 contract
Samples: Contract
Salary and Wage Related Fringe Benefits. A. Medical Insurance- School employee will be responsible for amount indicated below toward the cost of hospital, surgical, and medical care type insurance, including major medical, for each full full-time teacher employed under regular contract and enrolled in the school corporation’s group medical plan. Any insurance increase will be assessed on a pro-rated basis based upon the current percentage between the employee and the employer until the current contract is settled. Annual Premium Corporation Share Employee Share Bi-Weekly PPO 1 PLAN 26 Pays $750 PPO 1 PLAN EMPLOYEE $13,944.00 14,928.00 $12,173.11 13,032.14 $1,770.89 1,895.86 $68.12 72.92 $1,500.00 PPO 1 PLAN EMPLOYEE & CHILD $22,164.00 23,748.00 $11,946.40 12,800.17 $10,217.60 10,947.83 $392.99 421.08 EMPLOYEE& SPOUSE $28,476.00 30,504.00 $15,149.23 16,228.13 $13,326.77 14,275.87 $512.57 549.08 FAMILY $36,288.00 38,880.00 $18,906.05 20,256.48 $17,381.95 18,623.52 $668.55 716.29 PPO 2 PLAN $1,500 PPO 2 PLAN EMPLOYEE $10,584.00 11,328.00 $9,165.74 9,810.05 $1,418.26 1,517.95 $54.55 58.39 $3,000.00 PPO 2 PLAN EMPLOYEE & CHILD $17,844.00 19,116.00 $10,563.65 11,316.67 $7,280.35 7,799.33 $280.02 299.98 EMPLOYEE& SPOUSE $22,476.00 24,084.00 $13,283.32 14,233.64 $9,192.68 9,850.36 $353.57 378.86 FAMILY $28,560.00 30,600.00 $16,536.24 17,717.40 $12,023.76 12,882.60 $462.46 495.49 HDHP 1 PLAN $3,400.00 HDHP 1 PLAN EMPLOYEE $9,396.00 10,056.00 $8,475.19 9,070.51 $920.81 985.49 $35.42 37.91 $6,750.00 HDHP 1 PLAN EMPLOYEE & CHILD $15,564.00 16,680.00 $10,490.14 11,242.32 $5,073.86 5,437.68 $195.15 209.15 EMPLOYEE& SPOUSE $19,728.00 21,132.00 $13,296.67 14,242.97 $6,431.33 6,889.03 $247.36 264.97 FAMILY $25,380.00 27,192.00 $16,750.80 17,946.72 $8,629.20 9,245.28 $331.90 355.59 HDHP 2 PLAN $6,000.00 HDHP 2 PLAN EMPLOYEE $7,884.00 8,448.00 $7,079.83 7,586.30 $804.17 861.70 $30.93 33.15 $12,000.00 HDHP 2 PLAN EMPLOYEE & CHILD $12,984.00 13,908.00 $10,439.14 11,182.03 $2,544.86 2,725.97 $97.88 104.85 EMPLOYEE& SPOUSE $16,572.00 17,760.00 $13,307.32 14,261.28 $3,264.68 3,498.72 $125.57 134.57 FAMILY $21,300.00 22,824.00 $16,763.10 17,962.49 $4,536.90 4,861.51 $174.50 186.99 B. Term Life Insurance- The Board will pay toward the cost of term life insurance in the amount of $50,000.00 coverage, including AD & D, per full-time teacher employed under regular contract and enrolled in the school corporation's group term insurance plan, with the teacher paying no more than One Dollar ($1.00) per year. If approved by the school corporation's term insurance carrier, a teacher shall be allowed to purchase additional coverage, at the teacher's sole expense, through payroll deduction.
Appears in 1 contract
Samples: Contract
