AN ACT AUTHORIZING THE TOWN OF HOPKINTON TO PAY CERTAIN HEALTH INSURANCE PREMIUMS FOR RETIRED EMPLOYEES.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
The town of Hopkinton, in addition to the payment of
50 per cent of a
premium for contributory group hospital, surgical, medical and other health
insurance and of a premium for the services of a health care organization for
employees retired from the service of the town, and their dependents, may
pay a subsidiary or additional rate, as determined from time to
time by the board of selectmen, of a stated monthly premium as described in
section 7A of chapter 32B of the General Laws for contracts of insurance authorized by sections 3and
said chapter 32B,, and of a stated monthly
premium as described in section 16 of said chapter 32B, for the services of a health care organization for
The board of selectmen of the town of Hopkinton, from
time as it
deems appropriate, may establish such subsidiary or additional rate to be paid
the town for such insurance and services of a health care organization, which
subsidiary or additional rate shall be established as a percentage of premium
not pursuant to the "same dollar amount" rule, so-called, which percentage
shall be the same
for all retired employees subject to the terms hereof.
This act shall take effect upon its passage.