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<br />1 ? <br />be consistent with and similar to those plans offered on November <br />1., 1992. However, the plan is subject to change. The Employer <br />has the right to establish the plan and to negotiate plan costs <br />with providers for hospitalization and prescription drug rates. <br />Section 2: Costs for the coverage of single and family <br />participants shall be paid according to the following schedule: <br />PERIOD <br />07/18/92 - 12/31/92 The employer shall pay the full,cost. <br />. If the expected cost then all individual <br />for either individual and family employees <br />or familv exceeds shall contribute <br />01/O1/93 - 06/30/93 $430.00 $23.75 / mo. <br />07/O1/93 - 06/30/94 $450.00 $29.69 / mo. <br />07/01/94 - 06/30/95 $520.00 $37.11 / mo. <br />Section 3: If the average actual monthly cost of <br />?.? coverage for the following periods is less than the respective <br />Figure I for that period, the employer shall refund to each <br />contributing employee the difference between the average actual <br />cost and Figure I for each month the employee contributed. If <br />the average actual cost falls between the respective Figures I <br />and II for that period, the employer shall pay 75% of the <br />additional cost above Figure I and the employee shall pay 25% of <br />the additional cost. The employer shall pay 100% of the actual <br />costs above the amounts in Figure II. <br />PERIOD FIGURE I FIGURE II <br />01/01/93 - 06/30/93 $470 (family) $600 <br />$148 (single) $190 <br />07/O1/93 - 06/30/94 $525 (family) $650 <br />$170 (single) $211 .. <br />? <br />? 07/O1/94 - 06/30/95 $580 (family) $750 <br />$195 (single) $232 <br />??` - 26 -