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ARTICLE 12 <br />HEALTH INSUR.ANCE <br />12.1 The employer shall provide either individual or family medical insurance <br />coverage at the employee's option for each full-time employee. The employer shali have <br />the option of seeking alternate health insurance providers or plans and will attempt to <br />offer at least two different plans. Basic hospitalization will be consistent with and similar <br />to those plans offered on July 1, 1994. Basic hospitalization will be that offered to other <br />employees of the City of North Olmsted. The employer has the right to negotiate co- <br />payment and prescription drug rates with providers to lower the cost to the employer as <br />well as the employee contribution. <br />12.2 Effective January l, 1998 through June 30, 1998 full-time employees <br />participating within either an individual or family plan shall contribute an amount equa.l <br />to eight percent (8%) of the plan premium or the expected cost of such medical plan and <br />the employer shall contribute ninety two percent (92%) of such cost. <br />Effective July 1, 1998 through December 31, 1999, full-tnne employee(s) <br />participating within either an individual or family plan shall contribute an amount equal <br />to ten percent (10%) of the plan premium or the expected cost of such medical plan and <br />the employer shall contribute ninety percent (90%) of such cost. <br />Effective January 1, 2000 through the duration of this agreement, full-time <br />employee(s) participating within either an individual or family plan shall contribute an <br />amount equal to twelve percent (121/o) of the plan premium or the expected cost of such <br />medical plan and the employer shall contribute eighty percent (88%) of such cost. <br /> <br />(14) <br />? <br />'?