Smoothing. In order to distribute the cost of health insurance among its members, MAHE has requested that the premium payment be smoothed between members. This involves taking the total amount available for insurance on a monthly basis and, per formula developed by the joint data team, distributing the costs among members. Recalculation will be done on a monthly basis and may result in a slight increase or decrease in the deducted amount.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement