Common use of Incentive to Waive Health Care Coverage Clause in Contracts

Incentive to Waive Health Care Coverage. Full time employees who waive health insurance for a twelve (12) month period during open enrollment will be paid an incentive as explained below. The incentive will be pro-rated if coverage is waived for less than an entire plan year because an employee terminates employment or re- enrolls for Management coverage if there is a loss of coverage due to divorce, termination of spouse’s job or spouse’s death. A full-time employee who waives coverage for an entire twelve (12) months and is not a dependent on a City of Dayton health insurance plan will be paid an incentive equal to two thousand four hundred ($2,400) dollars. The incentive will be paid bi-weekly over a twelve (12) month period starting with the first pay in January. The incentive plan will be offered in each plan year, provided that the incentive continues to represent a cost savings to Management.

Incentive to Waive Health Care Coverage. Full time employees who waive health insurance for a twelve (12) month period during open enrollment will be paid an incentive as explained below. The incentive will be pro-pro- rated if coverage is waived for less than an entire plan year because an employee terminates employment employment, or re- re-enrolls for Management coverage if there is a loss of coverage due to divorce, termination of spouse’s job or spouse’s death. A full-full time employee who waives coverage for an entire twelve (12) months and is not a dependent on a another City of Dayton health insurance plan will be paid an incentive equal to two thousand four hundred dollars ($2,400) dollars2,400.00). The incentive will be paid bi-bi- weekly over a twelve (12) month period starting with the first pay in January. The incentive plan is being offered for this plan year. The incentive plan will be offered in each subsequent plan yearyears, provided that the incentive continues to represent a cost savings to Management.

Incentive to Waive Health Care Coverage. Full time employees who waive health insurance for a twelve (12) month period during open enrollment will be paid an incentive as explained below. The incentive will be pro-rated if coverage is waived for less than an entire plan year because an employee terminates employment employment, or re- re-enrolls for Management coverage if there is a loss of coverage due to divorce, termination of spouse’s job or spouse’s death. A full-time employee who waives coverage for an entire twelve (12) months and is not a dependent on a City of Dayton health insurance plan will be paid an incentive equal to two thousand four hundred ($2,400) dollars. The incentive will be paid bi-weekly over a twelve (12) month period starting with the first pay in JanuaryJune. The incentive plan will be offered in each plan year, provided that the incentive continues to represent a cost savings to Management.