In Lieu of Medical Payments Sample Clauses

In Lieu of Medical Payments. An eligible employee who has medical coverage under a spousal or other alternate plan may elect, in accordance with procedures established by the District, to opt out of the group medical and prescription drug benefits covered under 10.9(A). Each eligible employee who opts out of medical coverage as provided for herein shall receive a monthly payment of three hundred and fifty dollars ($350.00) “in lieu of medical” to each eligible employee who opts out of Section 10.9(A) coverage. Tax treatment of these payments will be subject to applicable Internal Revenue Code (“IRC”) and Internal Revenue Service (“IRS”) rules. The payments will be made in a manner that will not impact the income tax status of medical premiums under IRC requirements and to allow an employee to receive the amounts as cash monthly payments. An eligible employee who opts out of Section 10.9(A) coverage may subsequently enroll in such coverage as permitted under the terms of the plan(s).
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In Lieu of Medical Payments. During any open enrollment period after July 1, 2009, an eligible employee who has medical coverage under a spousal or other alternate plan may elect, in accordance with procedures established by the District to opt out of the group medical and prescription drug benefits covered under Section 5.2(A) (“5.2A Coverage”). The District shall make a monthly payment of $100.00 “in lieu of medical” to each eligible employee who opts out of 5.2A coverage. Tax treatment of these payments will be subject to applicable Internal Revenue Code (“IRC”) and Internal Revenue Service (“IRS”) rules. The payments will be made in a manner that will not impact the income tax status of medical premiums under IRC requirements and to allow an employee to receive the amounts as cash monthly payments. An eligible employee who opts out of 5.2(A) coverage may subsequently enroll in such coverage as permitted under the terms of the plan(s) described in Section 5.2(A).
In Lieu of Medical Payments. During any open enrollment period, an eligible employee who has medical coverage under a spousal or other alternate plan may elect, in accordance with procedures established by the District, to opt out of the group medical and prescription drug benefits covered under Section 5.4A.
In Lieu of Medical Payments. During any open enrollment period an eligible employee who has medical coverage under a spousal or other alternate plan may elect, in accordance with procedures established by the District to opt out of the group medical and prescription drug benefits covered under Section 34(A) (“34(A) Coverage”). Commencing at the time of the change in medical premium contributions as set forth in paragraph B.1, the District shall increase the monthly payment to three hundred and fifty dollars ($350) “in lieu of medical” to each eligible employee who opts out of 34(A) coverage. Tax treatment of these payments will be subject to applicable Internal Revenue Code (“IRC”) and Internal Revenue Service (“IRS”) rules. The payments will be made in a manner that will not impact the income tax status of medical premiums under IRC requirements and to allow an employee to receive the amounts as cash monthly payments. An eligible employee who opts out of 34(A) coverage may subsequently enroll in such coverage as permitted under the terms of the plan(s) described in Section 34(A).
In Lieu of Medical Payments. During any open enrollment period after July 1, 2009, an eligible employee who has medical coverage under a spousal or other alternate plan may elect, in accordance with procedures established by the District to opt out of the group medical and prescription drug benefits covered under Section 5.2(A) (“5.2A Coverage”). The District shall make a monthly payment of three hundred and fifty dollars ($350.00) “in lieu of medical” to each eligible employee who opts out of 5.2A coverage. Tax treatment of these payments will be subject to applicable Internal Revenue Code (“IRC”) and Internal Revenue Service (“IRS”) rules. The payments will be made in a manner that will not impact the income tax status of medical premiums under IRC requirements and to allow an employee to receive the amounts as cash monthly payments. An eligible employee who opts out of 5.2(A) coverage may subsequently enroll in such coverage as permitted under the terms of the plan(s) described in Section 5.2(A).
In Lieu of Medical Payments. During any open enrollment period after July 1, 2009, an eligible employee who has medical coverage under a spousal or other alternate plan may elect, in accordance with procedures established by the District

Related to In Lieu of Medical Payments

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

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