DECLINING/OPTING-OUT OF INSURANCE. An employee eligible for health insurance may voluntarily decline/opt-out of such insurance. An employee declining medical insurance shall be required to sign an affidavit indicating other medical coverage and provide proof of other medical insurance. Employees shall be responsible to maintain proof of continuing medical insurance. Employees choosing not to participate in the School Board of Broward County’s health insurance program shall be reimbursed at a rate of $750.00 per year (opt-out dollars) only if such proof is provided. If the employee does not provide proof of other medical insurance, then the employee will not be reimbursed any opt-out dollars. Said opt-out dollars shall be deposited into the employee’s cafeteria plan and those opt-out dollars may be used in a manner consistent with the provisions of said plan. The parties mutually agree to discuss the opt- out plan as it pertains to premiums for other coverage.
DECLINING/OPTING-OUT OF INSURANCE. An employee eligible for health insurance may voluntarily decline/opt-out such insurance. Beginning in the 2014 Open Enrollment Period, aAn employee declining medical insurance shall be required to sign an affidavit indicating other medical coverage and provide proof of other medical insurance during the open enrollment period each year. Employees shall be responsible to maintain proof of continuing medical insurance. Employees choosing not to participate in the School Board of Broward County’s medical health insurance program shall be reimbursed at a rate of seven hundred and fifty dollars and no cents ($750.00) per year (opt-out dollars) only if such proof is provided. If the employee does not provide proof of other medical insurance, then the employee will not be reimbursed any opt- optout dollars. Said opt-out dollars shall be deposited into the employee’s cafeteria plan and those opt-out dollars may be used in a manner consistent with the provisions of said plan. The parties mutually agree to discuss the opt-out plan as it pertains to premiums for other coverage.
