Health Insurance Incentive Sample Clauses

Health Insurance Incentive. Effective July 1, for each year of this contract, the Board will pay the following amounts to bargaining unit members who participate in the health insurance plan offered by the Board but timely elect, under this provision of the contract, to no longer be insured under the Board's health insurance plan: 1. Single - Board will pay the bargaining unit member $750 not to take the Board's insurance. 2. Family - Board will pay the bargaining unit member $1500 not to take the Board's insurance. If a bargaining unit member who has accepted payment in lieu of participation in the Board's health insurance plan experiences a change in conditions resulting in loss of other insurance, the bargaining unit member may re-enroll in the Board-provided health insurance plan.
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Health Insurance Incentive. If an employee chooses not to participate in the negotiated health plan of HMO for a full fiscal year, the employee shall be paid $300.00 single, $500.00 family each year. Proof of other insurance will be required. The payment will be made in a lump sum during the month of December and pro-rated as necessary. If circumstances change concerning an employee’s medical insurance the payment will be pro-rated for the year. Employees will be allowed to join the Group at any time, if necessary. Employees whose spouse either works for the County or is covered by a family plan elsewhere will be reimbursed at the single rate.

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