Common use of Health Insurance Buy-Out Clause in Contracts

Health Insurance Buy-Out. A. Employees who are so entitled to family plan health insurance coverage through the County and opt to drop that coverage, said employees shall be entitled yearly to $5000.00, subject to proportional calculation in the event the employee makes his/her election other than at the beginning of the County's fiscal year.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Health Insurance Buy-Out. A. A) Employees who are so entitled to family plan health insurance coverage through the County and opt to drop that coverage, said employees shall be entitled yearly to $5000.00, subject to proportional calculation in the event the employee makes his/her election other than at the beginning of the County's fiscal year.

Appears in 2 contracts

Samples: Agreement, Agreement

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