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  2. Board Of Aldermen - Agenda - 11/24/2020 - P70

Board Of Aldermen - Agenda - 11/24/2020 - P70

By dnadmin on Sun, 11/06/2022 - 22:51
Document Date
Fri, 11/20/2020 - 14:21
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/24/2020 - 00:00
Page Number
70
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__112420…

A.2. CITY CONTRIBUTIONS:

For eligible members, the City shall contribute 70% of the premium of
option (a) and 80% of the premium of option (b) or (c). The option (a) and option
(b) plans offered by the City shall include the following minimum co-pays:

(a) Twenty Dollars ($20.00) per medical visit;

(b) One Hundred Dollars ($100.00) per emergency room hospital visit;
(c) Two Hundred Fifty Dollars ($250.00) Per Person, Five Hundred
Dollars ($500.00) Per 2-Person/Family Inpatient/ Outpatient Facility
Deductible; and

(d) Three Tier Pharmacy Benefit of $5/$15/$35 ($5/$30/$70 Mail Order).

High Deductible Health Plan with Health Savings Account (HDHP w/HSA)
(option (c)):

The deductibles in the High Deductible Health Plan with Health Savings
Account (HDHP w/ HSA) are $2,000 individual / $4,000 2-person or family. The
City’s contribution to Health Savings Accounts is $1,500 individual / $3,000 2-
person or family.

The City HSA contribution will be distributed in 2 installments, one on or
about July 1 and on one or about October 1, provided however that if an employee
is required to pay more towards his / her deductible than the initial 50%
contribution, upon presentation of suitable documentation, the City will contribute
the remaining 50% before October 1.

Employees who join the HDHP w/HSA at any time other than July 1 will
receive a pro-rated City contribution of $125 monthly for a single plan and $250
monthly for 2-person or family plan for each full month remaining in that fiscal
year. If 70% of the employees covered by this Agreement have the HDHP
w/HSA as their health insurance on June 30, 2021, a 0.5% increase in wages will
be added to the payroll grade and step grids, effective July 1, 2021. Ifthis
threshold is met, the City and Union will prepare the necessary updated payroll
grade and step grids and make the necessary substitutions to the payroll grade and
step grids attached to this Agreement.

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Board Of Aldermen - Agenda - 11/24/2020 - P70

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