Common use of Health Benefit Waiver Clause in Contracts

Health Benefit Waiver. 8.7.1 Prior to January 1, 2018, an employee with proof of other medical coverage from another source may waive medical benefits and receive up to a $2,000 cash payment per year. The $2,000 is based on a 1.0 FTE position and is prorated for less than a 1.0 FTE for those employees that are eligible for health benefits. The cash payments are considered taxable compensation to the employee. Employees are required to sign a waiver (see below) that certifies they are covered under another medical plan. After January 1, 2018 employees who selected a plan are no longer eligible for this waiver. 8.7.2 An employee selecting the health benefit waiver is required to receive single rate coverage for dental, vision, and the $50,000 term life insurance coverage. An employee selecting the health benefit waiver payment may, at their option, purchase dental, vision, and life insurance for their dependents at their own cost. The cost of the optional coverage will be deducted from the health benefit waiver amount. 8.7.3 Employees who elect no dental and vision insurance coverage for dependents will not be allowed to add dependent dental and vision coverage at a later date unless those dependents were covered under an insurance policy that was terminated. 8.7.4 Retired employees may receive the medical benefit waiver payment if a net saving accrues to the district. Retiree supplemental health insurance in compliance with statutory regulations will be provided at the employee's expense. 8.7.5 The health benefit waiver is available each year during open enrollment. An election to waive benefits may be made anytime during the year and may be paid to the employee as a one time payment (at the end of the calendar year) or monthly over the course of the contract year. The benefit must be earned before it can be paid. Payments will be made on a monthly basis. 8.7.6 Employees who waive medical benefits will be allowed to change and enroll in medical benefits if they lose their primary coverage. This must be reported in writing to the Gavilan College Human Resources Department within 60 days of primary coverage loss. Employees who waive medical benefits will also be allowed to change and enroll in medical benefits during the district open enrollment period.

Health Benefit Waiver. 8.7.1 Prior to January 1, 2018, an An employee with proof of other medical coverage from another source may waive medical benefits and receive up to a $2,000 cash payment per year. The $2,000 is based on a 1.0 FTE position and is prorated for less than a 1.0 FTE for those employees that are eligible for health benefits. The cash payments are considered taxable compensation to the employee. Employees are required to sign a waiver (see below) that certifies they are covered under another medical plan. After January 1, 2018 employees who selected a plan are no longer eligible for this waiver. 8.7.2 An employee selecting the health benefit waiver is required to receive single rate coverage for dental, vision, and the $50,000 term life insurance coverage. An employee selecting the health benefit waiver payment may, at their option, purchase dental, vision, and life insurance for their dependents at their own cost. The cost of the optional coverage will be deducted from the health benefit waiver amount. 8.7.3 Employees who elect no dental and vision insurance coverage for dependents will not be allowed to add dependent dental and vision coverage at a later date unless those dependents were covered under an insurance policy that was terminated. 8.7.4 Retired employees may receive the medical benefit waiver payment if a net saving accrues to the district. Retiree supplemental health insurance in compliance with statutory regulations will be provided at the employee's expense. 8.7.5 The health benefit waiver is available each year during open enrollment. An election to waive benefits may be made anytime during the year and may be paid to the employee as a one time payment (at the end of the calendar year) or monthly over the course of the contract year. The benefit must be earned before it can be paid. Payments will be made on a monthly basis. 8.7.6 Employees who waive medical benefits will be allowed to change and enroll in medical benefits if they lose their primary coverage. This must be reported in writing to the Gavilan College Human Resources Department within 60 days of primary coverage loss. Employees who waive medical benefits will also be allowed to change and enroll in medical benefits during the district open enrollment period.

Health Benefit Waiver. 8.7.1 Prior to January 1, 2018, an An employee with proof of other medical coverage from another source may waive medical benefits and receive up to a $2,000 cash payment per year. The $2,000 is based on a 1.0 FTE position and is prorated for less than a 1.0 FTE for those employees that are eligible for health benefits. The cash payments are considered taxable compensation to the employee. Employees are required to sign a waiver (see below) that certifies they are covered under another medical plan. After January 1, 2018 employees who selected a plan are no longer eligible for this waiver. 8.7.2 An employee selecting the health benefit waiver is required to receive single rate coverage for dental, vision, and the $50,000 term life insurance coverage. An employee selecting the health benefit waiver payment may, at their option, purchase dental, vision, and life insurance for their dependents at their own cost. The cost of the optional coverage will be deducted from the health benefit waiver amount. 8.7.3 Employees who elect no dental and vision insurance coverage for dependents will not be allowed to add dependent dental and vision coverage at a later date unless those dependents were covered under an insurance policy that was terminated. 8.7.4 Retired employees may receive the medical benefit waiver payment if a net saving accrues to the district. Retiree supplemental health insurance in compliance with statutory regulations will be provided at the employee's expense. 8.7.5 The health benefit waiver is available each year during open enrollment. An election to waive benefits may be made anytime during the year and may be paid to the employee as a one time payment (at the end of the calendar year) or monthly over the course of the contract year. The benefit must be earned before it can be paid. Payments will be made on a monthly basis. 8.7.6 Employees who waive medical benefits will be allowed to change and enroll in medical benefits if they lose their primary coverage. This must be reported in writing to the Gavilan College Human Resources Department within 60 days of primary coverage loss. Employees who waive medical benefits will also be allowed to change and enroll in medical benefits during the district open enrollment period.medical