Common use of Cash Payment in Lieu of Medical/Hospitalization Insurance Clause in Contracts

Cash Payment in Lieu of Medical/Hospitalization Insurance. The District will provide a Cash in Lieu of Health coverage option under the Bloomfield Hills Schools Flexible Benefits Plan for each full plan year for those individuals who do not elect the employer-provided medical/hospitalization coverage. The co-payment will be prorated if the employee does not work a full plan year. Staff who do not have medical/hospitalization coverage from another source are not eligible for this benefit. Single Opt Out $1250 Two-Person Opt Out $1900 Full Family Opt Out $2550

Cash Payment in Lieu of Medical/Hospitalization Insurance. The District will provide a Cash in Lieu of Health coverage option under the Bloomfield Hills Schools Flexible Benefits Plan for each full plan year beginning on or after January 1, 2013 for those individuals who do not elect the employer-provided medical/hospitalization coverage. The co-payment will be prorated if the employee does not work a full plan year. Staff who do not have medical/hospitalization coverage from another source are not eligible for this benefit. Single Opt Out $1250 Two-Person Opt Out $1900 Full Family Opt Out $2550

Cash Payment in Lieu of Medical/Hospitalization Insurance. The District will provide a Cash in Lieu of Health coverage option under the Bloomfield Hills Schools Flexible Benefits Plan for each full plan year for those individuals who do not elect the employer-provided medical/hospitalization coverage. The co-payment will be prorated if the employee does not work a full plan year. Staff who do not have medical/hospitalization coverage from another source are not eligible for this benefit. Single Opt Out $1250 600 Two-Person Opt Out $1900 800 Full Family Opt Out $25501000

Cash Payment in Lieu of Medical/Hospitalization Insurance. The District will provide a Cash in Lieu of Health coverage option of $600 under the Bloomfield Hills Schools Flexible Benefits Plan for each full plan year for those individuals employees who are eligible for but do not elect the employer-employer- provided medical/hospitalization coverage. The co-payment will be prorated if the employee does not work a full plan year. Staff who do not have medical/hospitalization coverage from another source are not eligible for this benefit. Single Opt Out $1250 Two-Person Opt Out $1900 Full Family Opt Out $2550.