Common use of Medical Coverage Opt Out Clause in Contracts

Medical Coverage Opt Out. For the term of the Agreement a benefits eligible employee who has alternate group medical coverage may choose to opt out of City provided medical coverage. A full-time employee who chooses to opt out shall not be required to pay the contribution in Clauses 17.3 and shall receive a cash payment every payday (except for the third payday in a month) as follows: Cash Payment One Party $25.00 per payday Two Party $45.00 per payday Family $62.50 per payday

Medical Coverage Opt Out. For the term of the Agreement a benefits eligible employee who has alternate group medical coverage may choose to opt out of City provided medical coverage. A full-time employee who chooses to opt out shall not be required to pay the contribution in Clauses 17.3 and shall receive a cash payment every payday (except for the third payday in a month) as follows: Cash Payment One Party $25.00 per payday perpayday Two Party $45.00 per payday perpayday Family $62.50 per paydayperpayday