Health Insurance Option Sample Clauses

Health Insurance Option a) All eligible unit members shall have the option of dropping the Health Insurance Plan provided by the Franklin Central School District. Unit members will receive eight hundred fifty dollars ($850) annually if dropping individual coverage, one thousand seven hundred fifty dollars ($1,750) annually if dropping two-person coverage, or two thousand two hundred fifty dollars ($2,250) annually if dropping family coverage. b) All new unit members who meet the criteria and who elect not to take the Health Insurance Plan will also be eligible for said seven hundred twenty dollars ($720), one thousand five hundred dollars ($1,500), or two thousand dollars ($2,000). c) Notification for requesting this option must be given in writing and proof of alternate coverage must be provided to the District Superintendent or his/her designee by April 20 o f each year or upon the date of hire for new unit members. The change will become effective on the following July 1. A unit member who chooses the Health Insurance Plan provided by the District must remain in the Plan for at least one (1) year in order to be eligible for this option. d) Payment will be issued in the first pay period in July after completing a year being removed from the District’s insurance coverage. Payment shall be prorated if the unit member’s status changes in less than a full year. e) If a unit member wishes to change his/her option, written notice must be given to the District Superintendent or his/her designee by April 30, regardless o f the date o f hire, and said change will be effective as of July 1 if the criteria o f the Health Insurance Plan is met and approved. f) A unit member who loses coverage under a spouse’s insurance will, upon proof of said loss to the District Superintendent or his/her designee, be allowed re-entry into the Health Insurance program. Re-entry will be as soon as possible within the rules o f the carrier. The payment will be on a prorated basis if re-entry is in the same year the Plan was dropped. g) Any requests which jeopardize the program will be refused.
Sample 1
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Health Insurance Option. The Employer agrees to explore meaningful health insurance plans, including Union sponsored plans, to which the Employer may move its business. The Employer shall select the long-termed optimum plan considering cost and coverage as determined by the Director of Human Resources.
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Health Insurance Option. An eligible member may select Schedule C, Plan A, minus LTD coverage. Such health insurance coverage shall be provided annually/monthly until such time as the maximum liability to the Board noted in Section 15.31 shall be reached. Benefits under this option shall terminate with the death of the member, and the board shall be released from all obligations to the member’s heirs, estate, or beneficiaries.
Sample 1Sample 2
Health Insurance Option. Any emp xxxx e who has a spouse who also has a family health insurance plan with any private or public employer' may at the employee’s option choose to drop -coverage under the District plan during office hours -in- the open enrollment month (December). Effective November 8, 2018, notification of an employee's decision to opt-out of health insurance coverage effective the following January 1 must be received by the District on or before December 1. In this event, a 12- month employee will receive a 52, 500 cash benefit, and a 10.5-month employee will receive a $2,187.50 cash benefit, if the employee enrolls in coverage other than through the New York State Health Insurance Plan (NYSHIP) and the employee's coverage remains dropped during the succeeding July 1 - June 30 to be payable in the final June payroll of each school year. In the first year in which an employee drops coverage during the open enrollment period, the payment will be prorated monthly from the first day of the month in which the declination becomes effective through the following June 30. This payment will be prorated if the employee resumed coverage during the school year or, e.a., vtas approved for an unpaid leave that did net include District payments towards health insurance premiums. An employee 'who accepts the $2,500/52,187.50 cash benefit and who nonetheless remains enrolled in NYSHIP through his/her spouse will not be permitted to re-enroll in NYSHIP until the and of the buyout period, unless he/she experiences a qualifying event as defined by Internal Revenue Code: Section 125. An employee wishing to re-enroll in NYSHIP before the end of the buyout period must provide the District with adequate .documentation establishing that a qualifying event occurred. The District will continue to offer the Internal Revenue Code Section 125 Cafeteria Plan relating to health insurance only. It is understood that participation in the Plan is voluntary and that, before the Plan is utilized by a particular employee, he/she shall first agree in writing-to indemnify and save District harmless against any. and all claims .and/or liabilities, including attorneys' fees, that may-arise out of or by reason of action taken or not taken by the District for the purpose of complying with this paragraph.
Sample 1
Health Insurance Option. At the end of each school year, the District will pay five hundred dollars ($500) [effective July 1, 2012: $600] annually or a prorated portion thereof to each eligible employee who elects not to participate as an individual in the health insurance plan or for those employees eligible for family coverage who change from family to individual coverage. Employees eligible for the family coverage who elect not to participate in any plan shall be paid one thousand dollars ($1,000) [effective July 1, 2012: $1200] at the end of each school year. All provisions of this section are subject to the rules of the carrier. 1. Notification by the employee for using this option must be submitted in writing to the Superintendent of Schools each year by a date to be established annually by the District. The exercise of this option will be governed by the rules of the carriers. 2. Employees who elect not to participate in the Health Insurance Plan or who move from family to individual coverage must present proof of alternative insurance coverage to the Superintendent of Schools each year. 3. Upon written notice to the Superintendent of Schools, the employee may reenter or enter for the first time, without penalty, delay or restriction, the health insurance plan within the rules of the carrier. 4. The exercise of this option will be governed by the rules of the carrier and any employee requests to use this option which jeopardize the health insurance program will be denied in reverse date order of said requests. 5. Notification to the Superintendent shall be carried out by completion of the form attached to this Agreement as Appendix B.
Sample 1
Health Insurance Option. An eligible member may select Schedule C, Plan A, minus LTD coverage. Such health insurance coverage shall be provided annually/monthly until such 2015-16 Column 1 BA Column 2 MA Column 3 MA +30 Schedule A Notes: Calendar/Schedule Schedule B – Extracurricular Assignments (a) Amounts indicated on the compensation schedules shall be based on $28,158. (b) Schedule B pay level increases will be granted for the 2015-2016 from the date of the mutually ratified agreement. 2016-2017, 2017-2018, and 2018-2019 pay level increases will be granted. (c) Amounts indicated are full compensation for additional responsibilities and time beyond requirements for other teaching assignments as indicated in the main text of the Agreement. (d) Titles/activities/remuneration not listed may be added at the Board's discretion. However, the amount of compensation shall be mutually agreed to by the Board and the Association. (e) Head or sole coaching assignments include times for practice and competition according to state and league regulations and scheduling and include any additional invitational, district, regional, or state competitions upon which the coach and Athletic Director mutually agree. (f) Assistant or subordinate coaching assignments include those duties and responsibilities as ordered by the head coach subject to review by the Athletic Director. (g) All members of the bargaining unit employed beyond the calendared duty days for assignments (e.g. vocational agriculture) shall be paid 90% of their per diem rate according to Section 3.26. (h) Years of extra duty experience" used for the compensation schedule shall be defined as years worked in a comparable Schedule B assignment. For coaching experience it shall be years of coaching in a comparable sport regardless of the level of assignment (head, assistant, JV, etc.) or whether in a girls or boys sport. Up to six (6) years of experience shall be credited for an assignment in an activity in another public school district and credit for experience in excess of six (6) years shall be at the Board's discretion. (i) After two (2) weeks of the scheduled starting time of each sport the Athletic Director and respective coach shall determine if there are sufficient participants to justify the continuation of that sport. If the sport is to be discontinued, the coach shall receive an appropriately pro-rated salary. (j) Any Schedule B position left unfilled by a bargaining unit member may be filled by the Board for an amount not to...
Sample 1
Health Insurance Option. Employees not eligible for and/or not taking health insurance may, if eligible, apply one- hundred and fifty dollars ($150.00) per month ($1,800 per year) toward insurance options available from carriers approved by the Board.
Sample 1
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Health Insurance Option. Employees eligible for but not taking health insurance may, when eligible, apply $100.00 per month/$1200 per year toward insurance options including cash pay-offs or tax shelter annuity programs available through carriers approved by the Board. No employee shall have double health insurance coverage. If the District becomes aware that double coverage health insurance has occurred, the amount of premium that the District unnecessarily paid involved in this double coverage will be recovered from the employee. The Board's premium contribution toward the health insurance costs shall not exceed the following: Should the health insurance costs increase by more than eight (8) percent during the second or third year of this Agreement, the Board and the Association will meet together to determine areas within the insurance program of this bargaining unit to eliminate the increased cost in excess of the eight (8) percent.
Sample 1
Health Insurance Option. The District will provide a cash option to health insurance benefits for employees who are eligible for heath insurance but choose not to take it. The cash amount will be one-hundred fifty dollars ($150.00) per month ($1,800 per year) for the duration of this contract.
Sample 1

Related to Health Insurance Option

  • Health Insurance The Couple agrees that: (check one)

  • Group Health Insurance The Employer shall provide a comprehensive health care insurance program for all permanent full-time and part-time employees. Health Plan characteristics and benefits shall be as provided in the Employer’s Agreement with the Ohio Civil Service Employees Association (hereinafter OCSEA). Regardless of the plan, employees will pay fifteen percent (15%) of the premium and the Employer will pay eighty-five percent (85%) of the premium; however for any alternative plans offered pursuant to the Agreement with OCSEA, the employees’ premium share will be determined by the Director of DAS, but will not exceed fifteen percent (15%) of the premium. The Employer’s premium share shall be paid on behalf of eligible employees as provided in the Employer’s Agreement with OCSEA. Employees who include a spouse as a dependent for healthcare coverage shall pay a surcharge as provided in the Employer’s Agreement with OCSEA. Eligibility provisions for employees enrolling in State provided health care plans shall remain the same as those in effect in the Employer’s Agreement with OCSEA. The Employer reserves the right to perform dependent eligibility audits upon recommendation of the Joint Health Care Committee. Health care costs paid on behalf of ineligible dependents will be subject to recovery. Deductibles, co-payments, and other plan design provisions for all benefit programs shall be the same as those prescribed in the Employer’s Agreement with OCSEA. Every year the Employer shall conduct an open enrollment period, at which time employees shall be able to enroll in a health plan, continue enrollment in their current plan, switch to another plan, subject to plan availability in their area, or waive coverage. The timing of the open enrollment period shall be established by the Director of the Department of Administrative Services (DAS), in consultation with the Joint Health Care Committee. Changes outside of open enrollment may only occur as prescribed in the Employer’s Agreement with OCSEA. Open Enrollment Fairs shall be held in accordance with Employer’s Agreement with OCSEA. There shall be established a Joint Health Care Committee composed of representatives of management, and of the various labor Unions representing State employees. The Committee shall meet regularly to monitor the operation of the State’s health care plans, and to make recommendations for the improvement of the plans and cost containment procedures. The Employer shall provide funding for dental, vision and the life benefits as described in Article 21 of the Employer’s Agreement with OCSEA and the Union’s Benefits Trust. Employee health insurance payments will be deducted from every paycheck. In the event an employee is receiving disability leave or Workers’ Compensation benefits, the Employer- policyholder shall continue, at no cost to the employee, the coverage of group health insurance for such employee for the period of such leave, but not beyond twelve (12) months. If the employee’s leave extends beyond twelve

  • Coverage Options Eligible employees may select coverage under any one of the dental plans offered by the Employer, including health maintenance organization plans, the State Dental Plan, or other dental plans. Coverage offered through health maintenance organization plans is subject to change during the life of this Agreement upon action of the health maintenance organization and approval of the Employer after consultation with the Joint Labor/Management Committee on Health Plans. However, actuarial reductions in the level of HMO coverages effective during the term of this Agreement, including increases in copayments, require approval of the Joint Labor/Management Committee on Health Plans. Coverage offered through the State Dental Plan is determined by Section 7A2.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • STATE DISABILITY INSURANCE (SDI) The Agency agrees to integrate SDI benefits with sick leave. The employee shall pay required premium costs which will be deducted from their paycheck and transmitted to the state by the Agency.

  • Health Insurance Coverage (a) An employee who is laid off or separated from employment on or after July 1, 1994, under circumstances which entitle such employee to reemployment rights under this Article, other than pursuant to Section 23, may elect to continue membership in their health benefit plan, upon advance payment of the regular percentage contribution to the cost of the plan, during the first six

  • Optional Life and Disability Coverages In order for coverage to become effective, the employee must be in active payroll status and not using sick leave on the first day following approval by the insurance company. If it is an open enrollment period, coverage may be applied for but will not become effective until the first day of the employee's return to work.

  • Long Term Disability Insurance Plan The Employer shall provide a mutually acceptable long-term disability insurance plan, a copy of which shall appear in Appendix “A” – Long-Term Disability Insurance Plan. The plan shall provide post-probationary regular employees with salary continuation as per Appendix “A” until age sixty-five (65) in the event of a disability. The cost of the plan shall be borne by the Employer.

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