Duplicate Medical Coverage. Effective the first of the month following the adoption of this Memorandum of Understanding, any employee who has health plan coverage as a result of being an eligible dependent of a person employed either by the City or elsewhere may request that his/her health plan coverage as an employee of the City be terminated; and that, in lieu of the amount the City would otherwise pay for the health plan coverage for that employee, one hundred seventy-five ($175.00) per month will be paid by the City into the employee's deferred compensation account. To participate in this program, the employee shall sign a waiver, provided by the City, of health plan coverage for him/herself which shall be confirmed annually before July 1, of each year, and agree to pay for COBRA coverage, if available, until the following July 1 should coverage be lost through change of dependent status or employment status of the person covering the employee. Re-enrollment in a City-sponsored health plan will be subject to the rules of the specific health plan.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Duplicate Medical Coverage. Effective the first of the month following the adoption of this Memorandum of Understanding, any employee who has health plan coverage as a result of being an eligible dependent of a person employed either by the City or elsewhere may request that his/her health plan coverage as an employee of the City be terminated; and that, in lieu of the amount the City would otherwise pay for the health plan coverage for that employee, one hundred seventy-five ($175.00) per month will be paid by the City into the employee's deferred compensation account. To participate in this program, the employee shall sign a waiver, provided by the City, of health plan coverage for him/herself which shall be confirmed annually before July 1, of each year, and agree to pay for COBRA coverage, if available, until the following July 1 should coverage be lost through change of dependent status or employment status of the person covering the employee. Re-enrollment in a City-City- sponsored health plan will be subject to the rules of the specific health plan.
Appears in 1 contract
Samples: Collective Bargaining Agreement