Common use of Option 4 Clause in Contracts

Option 4. Employees may choose to enroll in a qualified prepaid health maintenance organization (HMO) plan offered by ▇▇▇▇▇▇ Permanente that provides comprehensive medical care through a network of participating hospitals, physicians and other health care providers. The employee price tag will be 10% through December 31, 2012 according to the schedule in Appendix B-1; 11% as of January 1, 2013 according to the schedule in Appendix B-2; 12% as of January 1, 2014; 13% as of January 1, 2015; 14% as of January 1, 2016; and 15% as of January 1, 2017. A prescription drug benefit is included with the HMO offered. The co-pay structure through December 31, 2017 shall be as follows: up to 60-day supply - $5 generic; $5 brand; at participating community pharmacy - $15 generic; $15 brand; Mail Order - 90-day supply - $5 generic; $5 brand.

Appears in 2 contracts

Sources: Master Agreement, Master Agreement