Effective Dates of Coverage. A. Health insurance coverage is effective the employee’s first day worked. Insurance premiums are not pro-rated, but do fall under the 15/16 rule for as long as the health insurer allows this rule. The rule applies as follows. If the effective start date falls on or before the 15th of the month, the full monthly premium will apply. If the effective start date falls on or after the 16th of the month, no premium will be charged. B. Health insurance coverage ends on the employee’s effective last day of work if the effective end date falls on or before the 15th of the month, and no premium will be due. If the effective end date falls on or after the 16th of the month, the full monthly premium will apply and coverage will extend to the end of the month. Employees who work less than twelve months and whose resignation/retirement is effective at the end of the school year will receive health insurance through July 31.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
