Cash Payment in Lieu of Medical Coverage Sample Clauses

Cash Payment in Lieu of Medical Coverage. Employees who are covered by a non-City sponsored health care plan will only be eligible to receive a payment in lieu of medical insurance and are not permitted to participate in a City sponsored health care plan. Employees choosing to take the incentive payment will be required to provide proof of insurance from another source on an annual basis. Employees covered under a non-City health care plan will be reimbursed the following payment in lieu of medical insurance: Single - $175 per month Two Person and Family - $285 per month For employees who are covered by the City’s medical insurance through a spouse who is an employee of the City of Big Rapids, the employee not carrying the City’s insurance will receive a payment in lieu of medical coverage of $235 per month.

Cash Payment in Lieu of Medical Coverage. Employees may elect to decline individual or family medical insurance coverage. If they sign a statement testifying to the proof of other health insurance coverage and provide acceptable proof of this coverage, employees electing to decline medical insurance coverage will receive three thousand dollars ($3,000) cash in lieu of this coverage. This cash payment will be received with the last pay period in June of the school year just completed. Employees electing to take this option must notify the district’s Business Manager by July 1st each year. New employees electing this option shall notify the Business Manager at the time of employment. Employees will receive the cash payment prorated to the month of employment. Employees who drop individual or family medical coverage will be allowed to re-elect district provided coverage only under the condition that a “change of status” has occurred as defined below: 1. Marriage or divorce of employee 2. Death of the employee’s spouse or dependent 3. Birth or adoption of the employee’s spouse’s dependent 4. Commencement or termination of the employee’s spouse 5. Switch from full time to part time status by the employee’s spouse 6. An unpaid leave of absence taken by the employee or the employee’s spouse 7. A significant change in the health coverage of the employee or spouse attributable to the spouse’s employment. Under these circumstances only shall the employee be permitted to re-enroll in the district’s medical insurance program the month subsequent to the “change of status” listed above. These employees must notify the district of their intent to enroll by the first of the month coverage is to commence. The employee shall receive a “prorated” case payment for the months they were not enrolled in the district’s medical insurance plans.