Premium Cost Sharing. Employee premium cost sharing (based on a City-wide experience rate) shall be by payroll deduction and shall be as follows:
Premium Cost Sharing. Employee premium cost sharing shall be by payroll deduction and shall be as follows:
Premium Cost Sharing. The term “
Premium Cost Sharing. For regular full-time and represented seasonal employees the City will pay: • 91% of the tiered monthly premium cost of the medical insurance plan they have selected. • 100% of the premium cost for the dental plan they have selected; and • 100% of the premium for the vision insurance plan, unless the employee is on the City’s HMO plan. Represented seasonal employees shall be entitled to receive the same contribution for insurance benefits as full-time employees while employed.
Premium Cost Sharing. A. The term "premium cost" as used herein shall mean the premium rate that each carrier would charge the Board to provide the benefits specified in 8.2 for each level of coverage if the Board had funded those benefits on a fully-insured basis, giving full credibility to actual experiences. The Board shall provide the Association, upon request, with a written statement from each carrier of the premium rate that each carrier would charge the Board to provide the benefits specified in 8.2 for each level of coverage on a fully-insured basis.
Premium Cost Sharing. The term "
Premium Cost Sharing. The Employer's share of the premiums referred to in Art. 31.01 will be 50% of the premium cost of BC MSP and the Insured Benefit Plan described above and will deduct the remainder from employees' pay. The employee share will be allocated first to LTD premiums and the remainder will be applied to premium costs generally. The Employer will endeavour to arrange a payroll mechanism which, at minimum reasonable additional cost, will next allocate the next portion of the employee's share of the total premiums to BC MSP.
Premium Cost Sharing. Employers and Employees:
Premium Cost Sharing. For calendar years 2023 through 2026, the City shall pay up to one hundred seven percent (107%) of the average employee’s monthly medical, dental, and vision premiums over the prior calendar year for employees whose health care benefits are governed by the Labor-Management Health Care Committee. Costs above 107% shall be covered by the Rate Stabilization Reserve dollars and once the reserves are exhausted, the City shall pay 85% of the excess costs in healthcare and the employees shall pay 15% of the excess costs in healthcare.
Premium Cost Sharing. The Board shall pay eighty-five percent (85%) of the cost of premiums (or premium equivalent) for the coverages set forth in this paragraph B above for Administrators in 2014-2015. The Board shall pay eighty-four percent (84%) of the cost of premiums (or premium equivalent) in 2015-2016. The Board shall pay eighty-three (83%) of the cost of premiums (or premium equivalent) in 2016-2017. Participating employees shall pay the balance of such cost through payroll deduction.
