Common use of Employee Waiver of Medical Coverage Clause in Contracts

Employee Waiver of Medical Coverage. The City agrees to permit an employee to waive City-sponsored medical coverage as follows: 1. The employee must presents proof to the Human Resources Director or designee that he and his qualified dependent(s) are covered by another non-City- sponsored medical plan for the plan year; 2. The employee must sign a statement acknowledging the opt out of City offered medical insurance coverage and agreement to hold the City harmless for any consequences, whatsoever, that result from the employee’s waiver of City offered medical insurance coverage for employee and/or qualified dependent(s); and 3. The employee must sign a statement acknowledging his understanding that his qualified dependent(s) are not eligible to re-enroll in City sponsored medical coverage until the next Open Enrollment period or as otherwise required by law under COBRA provisions. Effective the first pay cycle in January, 2018 in which medical opt out allowance is due, the City agrees that the employee who is approved to opt out of medical coverage shall receive compensation for one of the following, depending on the level of non-City sponsored coverage the employee has provided proof of having: a. Three hundred dollars ($300.00) per month if waiver eligibility is for “employee only” coverage. b. Four hundred and fifty dollars ($450.00) per month if waiver eligibility is for “employee plus one” coverage. c. Six hundred and fifty dollars ($650.00) per month if waiver eligibility is for “employee plus two or more dependents” coverage. The eligible amount will be paid to the employee as taxable earnings. A medical opt out election may only be made during an announced Open Enrollment period for medical insurance changes effective January 1

Appears in 1 contract

Samples: Memorandum of Understanding

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Employee Waiver of Medical Coverage. The City agrees to permit an employee to waive City-City sponsored medical coverage as follows: 1. The employee must presents present written proof to the Human Resources Director or designee Office that he and his qualified dependent(s) are covered by another non-City- City sponsored group medical plan for the current plan year; 2. The employee must sign a statement acknowledging the opt out a waiver of City offered medical insurance coverage and agreement to hold the City harmless for any consequences, whatsoever, that result from the employee’s waiver of City offered medical insurance coverage for employee and/or qualified dependent(s); and 3. The employee must sign a statement acknowledging his understanding that his qualified eligible dependent(s) are not eligible to re-enroll in City sponsored medical coverage until the next announced Open Enrollment period or as otherwise required by law under COBRA provisions. Effective the first pay cycle in JanuaryMay 10, 2018 in which medical opt out allowance is due2016, the City agrees that the employee who is approved qualifies to opt out of medical waive coverage shall receive compensation for one of the following, depending on the level of non-City sponsored coverage the employee has provided proof of having: a. Three three hundred dollars ($300.00) per month if waiver eligibility is for “employee Employee only” coverage. b. Four , four hundred and fifty dollars ($450.00) per month if waiver eligibility is for “employee plus oneEmployee +1dependent coverage. c. Six , or six hundred and fifty dollars ($650.00) per month if waiver eligibility is for “employee plus two Employee +2 or more dependentsmoredependent coverage. The Effective January 1, 2019, the eligible amount will be paid to deposited in the employee as taxable earningsemployee’s deferred compensation plan. A medical opt out election may only be made by an employee at the time of hire or during an announced Open Enrollment open enrollment period for medical insurance changes effective January 1.

Appears in 1 contract

Samples: Memorandum of Understanding

Employee Waiver of Medical Coverage. The City agrees to permit an employee to waive City-sponsored medical coverage as follows: 1. The employee must presents present written proof to the Human Resources Director or designee Office that he and his qualified dependent(s) are covered by another non-City- City-sponsored medical plan for the current plan year; 2. The employee must sign a statement acknowledging the opt out a waiver of City offered medical insurance coverage and agreement to hold the City harmless for any consequences, whatsoever, that result from the employee’s waiver of City offered medical insurance coverage for employee and/or qualified dependent(s); and 3. The employee must sign a statement acknowledging his understanding that his qualified dependent(s) are not eligible to re-enroll in City sponsored medical coverage until the next announced Open Enrollment period or as otherwise required by law under COBRA provisions. Effective the first pay cycle in January, 2018 in which medical opt out allowance is due, the The City agrees that the employee who is approved qualified to opt out of medical waive coverage shall receive compensation for one of the following, depending on the level of non-City sponsored coverage the employee has provided proof of having: a. Three three hundred dollars ($300.00) per month if waiver eligibility is for “employee only” coverage. b. Four , four hundred and fifty dollars ($450.00) per month if waiver eligibility is for “employee plus one” coverage. c. Six , or six hundred and fifty dollars ($650.00) per month if waiver eligibility is for “employee plus two or more dependents” coverage. The eligible amount will be paid added to the employee as taxable earningsemployee's paycheck or will be placed in the employee’s deferred compensation plan account. Effective the medical opt out plan year starting January 1, 2019, the employee’s eligible amount will be deposited in the employee’s deferred compensation plan account. A medical opt out election may only be made during an announced Open Enrollment open enrollment period for medical insurance changes effective January 1.

Appears in 1 contract

Samples: Memorandum of Understanding

Employee Waiver of Medical Coverage. The City agrees to permit an employee to waive City-sponsored medical coverage as follows: 1. The employee must presents written proof to the Human Resources Director or designee Office that he and his qualified dependent(s) are covered by another non-City- City-sponsored medical plan for the current plan year; 2. The employee must sign a statement acknowledging the opt out a waiver of City offered medical insurance coverage and agreement to hold the City harmless for any consequences, whatsoever, that result from the employee’s waiver of City offered medical insurance coverage for employee and/or qualified dependent(s); and 3. The employee must sign a statement acknowledging his understanding that his qualified dependent(s) are not eligible to re-enroll in City sponsored medical coverage until the next announced Open Enrollment period or as otherwise required by law under COBRA provisions. Effective Upon adoption of this Memorandum of Understanding and effective the first next second pay cycle in January, 2018 in which medical opt out allowance is dueof the month after an employee’s compliance with this Section, the City agrees that the employee who is approved qualified to opt out of medical waive coverage shall receive compensation for one of the following, depending on the level of non-City sponsored coverage the employee has provided proof of having: a. Three three hundred dollars ($300.00) per month if waiver eligibility is for “employee only” coverage. b. Four , four hundred and fifty dollars ($450.00) per month if waiver eligibility is for “employee plus one” coverage. c. Six , or six hundred and fifty dollars ($650.00) per month if waiver eligibility is for “employee plus two or more dependents” coverage. The eligible amount will be paid added to the employee as taxable earningsemployee's paycheck or will be placed in the employee’s deferred compensation plan account. Effective the medical opt out plan year starting January 1, 2019, the employee’s eligible amount will be deposited in the employee’s deferred compensation plan account. A medical opt out election may only be made by an employee during their time of hire or during an announced Open Enrollment open enrollment period for medical insurance changes effective January 1.

Appears in 1 contract

Samples: Memorandum of Understanding

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Employee Waiver of Medical Coverage. The City agrees to permit an employee to waive opt out of City-sponsored medical coverage as follows: 1. The employee must presents proof to the Human Resources Director or designee that he and his qualified dependent(s) are covered by another employer’s non-City- City-sponsored medical plan for the plan year; 2. The employee must sign a statement acknowledging the opt out of City offered medical insurance coverage and agreement to hold the City harmless for any consequences, whatsoever, that result from the employee’s waiver of City offered medical insurance coverage for employee and/or qualified dependent(s); and 3. The employee must sign a statement acknowledging his understanding that his qualified dependent(s) are not eligible to re-enroll in City sponsored medical coverage until the next Open Enrollment period or as otherwise required by law under COBRA provisions. 4. Effective the first pay cycle in Januaryon or about July 1, 2018 in which medical opt out allowance is due2016, the City agrees that the employee who is approved to opt out of medical coverage shall receive compensation for one of the following, depending on the level of non-City sponsored coverage the employee has provided proof of having: a. Three hundred dollars ($300.00) per month if waiver eligibility is for “employee only” coverage. b. Four hundred and fifty dollars ($450.00) per month if waiver eligibility is for “employee plus one” coverage. c. Six hundred and fifty dollars ($650.00) per month if waiver eligibility is for “employee plus two or more dependents” coverage. 5. The Effective the first eligible pay cycle in which medical opt out is due, following City Council adoption of this Memorandum of Understanding, the eligible amount will be paid to deposited in the employee as taxable earningsemployee’s deferred compensation plan account. A medical opt out election may only be made during an announced Open Enrollment period for medical insurance changes effective January 1.

Appears in 1 contract

Samples: Memorandum of Understanding

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