XXXXX Pak Sample Clauses

XXXXX Pak. The Board agrees to pay the cost of the PAK rate of premiums for Vision, Dental, Long Term Disability, and Life insurance coverage each year of this agreement. The Board agrees to pay for the medical portion $16,342.66for full family, $12,531.75for couples, and $5992.30 for singles for the 2015-2016 school year. These rates shall be adjusted annually pursuant to the provisions of PA 152. All costs in excess of the maximum amounts shall be borne by the employee through payroll deductions. The Board shall exercise its prerogative under PA 152 and shall advise the Association of its decision at least 90 days prior to renewal. The Parties may meet to discuss said decision. Full-time employees will receive an insurance protection package with the following specifications. Less than full-time employees who apply for coverage shall have premiums paid on a prorated basis. Any money for insurance that is deducted from an employee’s salary shall be withdrawn under a Section 125 plan. Plan A Plan B Health Choices II $10/20 co-pay on prescriptions $500/$1000 deductible $20/$25/$50 ov/uc/er Adult Immunization Rider Negotiated Life $50,000 with AD&D Negotiated Life $50,000 Vision VSP-2 Silver Vision VSP-2 Silver Dental 100:90/90/90: Max $1,800; $2,500 Ortho Plan year July 1 to June 30 Dental 100:90/90/90: Max 1,800 $2,500 Ortho Plan year July 1 to June 30 LTD 70% $4,000 maximum 90 Calendar Days - modified fill Pre-existing condition waiver Freeze on offsets Maternity Coverage Alcohol/Drug - same as any illness Mental/Nervous - two year limit LTD 70% $4,000 maximum 90 Calendar Days - modified fill Pre-existing condition waiver Freeze on offsets Maternity Coverage Alcohol/Drug - same as any illness Mental/Nervous - two year limit Employees shall have the option to switch to MESSA ABC Plan 1 effective January 1st of each year. Employees must inform the business office of this decision by November 1st. By January 5th and June 5th of each year the employer will deposit $650/$1300 into the employees HSA for those opting for MESSA ABC Plan 1. Any amounts in excess of the hard cap will be paid by the employee. Employees who are laid off at the end of a school year shall have their insurance coverages through the end of August. However, a rate increase could occur July 1st.
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