Medical Coverage Opt Sample Clauses

Medical Coverage Opt. Out Employees’ spouses or domestic partners eligible for full-time medical coverage who provide proof of comparable medical coverage through a non District health benefits plan may choose to decline District medical coverage and the employee may opt (during open enrollment) to receive an annualized reimbursement payment of up to $2,000, less applicable tax and other deductions, for medical reimbursement (upon proof of valid expenses and adequate comparable alternative coverage). The employee shall be reimbursed for expenses that would be eligible under an HSA plan. This payment shall only be available to employees hired before September 1, 2020 and employees that have used this benefit in the past.
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Medical Coverage Opt. Out Employees’ spouses or domestic partners eligible for full-time medical coverage who provide proof of comparable medical coverage through a non- District health benefits plan may choose to decline District medical coverage and the employee may opt (during open enrollment) to receive an annualized cash pay-out to a Section 125 Plan account (for medical expenses) of up to $1,800 in ten equal payments beginning January 1 of the subsequent plan year, pro-rated for the percentage of the plan year worked.

Related to Medical Coverage Opt

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.

  • Dental Coverage 206. Each employee covered by this agreement shall be eligible to participate in the City's dental program.

  • All Coverages Each insurance policy required in this item shall be endorsed to state that coverage shall not be suspended, voided, cancelled, reduced in coverage or in limits except after thirty (30) days' prior written notice by certified mail, return receipt requested, has been given to the Town. Current certification of such insurance shall be kept on file at all times during the term of this agreement with the Town Clerk.

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