Flexible Benefits Plan A flexible benefits plan, which is in accordance with Section 125 of the Internal Revenue Code, was implemented for eligible employees covered by this Agreement on October 1, 1990.
Flexible Benefit Plan The Board shall provide the following flexible benefit plan to employees who are paid more than twenty (20) hours per week, if employed prior to July 1, 2012. All employee benefits plans provided by the Board under this article shall have plan years based on the calendar year. Effective July 1, 2012, the Board shall provide the following flexible benefit plan to employees who hold the position of Food Service Manager. No Coverage - Employees who produce proof of other medical insurance coverage may elect no coverage. Those electing no coverage as of June 30, 2001, will receive a cash "buy-out" equal to 40% of the annual premium for the “Point-of-Service Plan Individual Coverage” up to $1,200.44 per year. Any employee receiving a cash “buy-out” who elects coverage on or after July 1, 2001 will no longer receive a cash “buy-out” at a later date. DENTAL Traditional - See Traditional Dental Chart below. No Coverage - Employees may elect no coverage. Those electing no coverage as of June 30, 2001, will receive a cash "buy-out" equal to 40% of the annual premium for "Traditional Individual Coverage” up to $89.70 per year. Any employee receiving a cash “buy-out” who elects coverage on or after July 1, 2001 will no longer receive the cash “buy-out” at a later date. TRADITIONAL DENTAL No Deductible Per Person Per Calendar Year Deductible* Per Person Per Calendar Year Deductible* 100%** 80%** 50%** Emergency treatment Oral examinations X-Rays Teeth cleaning Fluoride treatments for children to age 19 Space maintainers Laboratory tests Fillings Amalgam Silicate Acrylic Root canal Repair and maintenance of bridgework and dentures Periodontal services Extractions and other oral surgery Anesthesia Gold and porcelain fillings and crowns Installation of bridgework and crowns Orthodontia (Subject to separate $2,500 lifetime maximum per person) – Effective January 1, 2017 Major Services Preventative Services Basic Services $1,500 Per Person - Calendar Year Maximum** $2,000 Per Person – Calendar Year Maximum** Effective January 1, 2017 * $50 per person; $150 - Family maximum - when three (3) Family Members have each met the $50 Deductible - See the Schedule of Insurance. **Paid by Traditional Dental.
Flexible Benefits Insurance Program
