Sunsetting of Shared Premium Program Sample Clauses
Sunsetting of Shared Premium Program. The following language of this section will no longer apply to newly eligible adjunct faculty. Those adjunct faculty who were grandfathered in and currently participate in one of the following plans will be allowed to continue under the following terms and conditions. The District shall provide to each grandfathered in participating adjunct faculty member a choice, including at least one (1) Health Maintenance Organization Plan option, of comprehensive group medical plan options during open enrollment periods. The open enrollment period for enrollment or changes in group insurance will be held once annually as announced by the District Benefits Office.
10.3.2.3.1 Effective January 1, 2016, the District shall contribute the cost of benefit premiums for those eligible under the terms of Section 10.2.2 above to the maximum amounts shown below (coverage includes spouse or domestic partner, and dependents). $111.29 per month for dental insurance. Up to $16.43 per month for vision insurance. $1038.66 per month toward the cost of the premium for the Kaiser HMO and the PacifiCare HMO medical insurance plan options offered by the District.
10.3.2.3.2 Eligible faculty electing to participate in plan options which exceeds the District contribution shall be required to contribute the difference through monthly payroll deductions.
10.3.2.3.3 Faculty eligible under the terms of Section 10.2.2.3 above for group medical insurance on a "shared-premium" basis shall make an advance premium deposit, at least one (1) month in advance, with any unused portion refunded at the end of the insurance year based upon the ratio of clock hours served to a regular sixty (60) percent of the weekly assignment. This option does not apply to dental and vision insurance. Effective January 1, 2005, current faculty who participate in the pre- payment of medical insurance premiums shall remit those premiums as follows: During each of the following months the faculty member shall remit a monthly payment which shall be equivalent to the faculty member’s average monthly percentage cost during the past two
Sunsetting of Shared Premium Program. The following language of this section will no longer apply to newly eligible adjunct faculty. Those adjunct faculty who were grandfathered in and currently participate in one of the following plans will be allowed to continue under the following terms and conditions. The District shall provide to each grandfathered in participating adjunct faculty member a choice, including at least one (1) Health Maintenance Organization Plan option, of comprehensive group medical plan options during open enrollment periods. The open enrollment period for enrollment or changes in group insurance will be held once annually as announced by the District Benefits Office.
Sunsetting of Shared Premium Program. The following language of this section will no longer apply to newly eligible adjunct faculty. Those adjunct faculty who were grandfathered in and currently participate in one of the following plans will be allowed to continue under the following terms and conditions. The District shall provide to each grandfathered in participating adjunct faculty member a choice, including at least one (1) Health Maintenance Organization Plan option, of comprehensive group medical plan options during open enrollment periods. The open enrollment period for enrollment or changes in group insurance will be held once annually as announced by the District Benefits Office.
10.3.2.6.1 Effective January 1, 2020, the District shall contribute the cost of benefit premiums for those eligible under the terms of Section 10.2.2 above to the maximum amounts shown below (coverage includes spouse or domestic partner, and dependents). $111.29 per month for dental insurance. Up to $13.74 per month for vision insurance. $1,223.47 per month toward the cost of the premium for the Kaiser HMO and the United HealthCare medical insurance plan options offered by the District.
10.3.2.6.2 Eligible faculty electing to participate in plan options which exceeds the District contribution shall be required to contribute the difference through monthly payroll deductions.