Medical Coverage Waiver Sample Clauses

Medical Coverage Waiver d. Medical Coverage Waiver (Buy-out) Cash compensation in lieu of medical coverage with proof from employee to employer of alternative health coverage (to be included in employee’s personnel file). Cash compensation will be paid to an eligible employee covered under this Agreement on the following scale: One person policy $19.23 per pay period (26 per year) Two person policy $28.85 per pay period (26 per year) Family policy $38.46 per pay period (26 per year) (Effective August 1, 2002) One person policy $28.85 per pay period (26 per year) Two person policy $43.27 per pay period (26 per year) Family policy $57.70 per pay period (26 per year) The Employer shall have no obligation to pay an additional health insurance premium on an employee’s behalf if the employee may be covered by an addition to coverage already afforded to the employee’s spouse of other immediate family member by the Employer. Subject to the other provisions of the Agreement, if the principal subscriber’s insurance coverage is discontinued, the insurance coverage provided for by this Section shall revert to the other employee. Vision Insurance Effective January 1, 2018 Lenawee County shall offer vision coverage to all regular full-time employees and eligible dependents covered by this Agreement. The coverage is optional. Employee must elect coverage during regular annual open enrollment. Monthly premium cost will be shared 50/50 between employee and employer. Rates subject to change with Blue Cross Blue Shield of Michigan contract renewal. Worker’s Compensation
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Medical Coverage Waiver. Employees who have medical insurance from a source other than the District may opt out of medical coverage by providing annual written proof of the alternative medical coverage to the District. The District will pay eligible employees $250 per month in lieu of providing medical cov‐ erage.
Medical Coverage Waiver. (Buy-out) Cash compensation in lieu of medical coverage with proof from employee to employer of alternative health insurance coverage (to be included in employee’s personnel file). Cash compensation will be paid to an eligible employee covered under this Agreement on the following scale: One person policy $19.23 per pay period (26 per year) Two person policy $28.85 per pay period (26 per year) Family policy $38.46 per pay period (26 per year) (Effective May 1, 2003) One person policy $28.85 per pay period (26 per year) Two person policy $43.27 per pay period (26 per year) Family policy $57.70 per pay period (26 per year) The Employer shall have no obligation to pay an additional health insurance premium on an employee’s behalf if the employee may be covered by an addition to coverage already afforded to the employee’s spouse or other immediate family member by the Employer. Subject to the other provisions of the Agreement, if the principal subscriber’s insurance coverage is discontinued, the insurance coverage provided for by this Section shall revert to the other employee.
Medical Coverage Waiver. Any employee who can prove that he or she, spouse/certified domestic partner, and/or dependent child(ren) are covered in full on another’s coverage may waive medical insurance coverage through the Employer and receive a waiver payment of $150.00 per month. Employee Only Coverage Waived $150.00 per month Spouse/Certified Domestic Partner Only $150.00 per month Dependent Child(ren) Only $150.00 per month Such employee shall have the option to re-enroll during the open enrollment period or within 31 days when a life qualifying event occurs (for example, loss of health insurance).
Medical Coverage Waiver. An administrator who opts not to be covered under the Board' s health care coverage will receive compensation as listed below subject to the following conditions:
Medical Coverage Waiver. Effective July 1, 2019, any unit member may elect to accept a payment equal to thirty five percent 35% of the preferred provider organization (hereinafter the “PPO”) premium for which they are eligible in lieu of medical coverage and/or payment of thirty-five percent (35%) of the premium for which they are eligible in lieu of prescription coverage. Payment under this provision shall have a maximum, combined limit of five thousand dollars ($5,000). The unit member must have alternate coverage.
Medical Coverage Waiver. Bargaining unit members may elect not to be covered under the Hospitalization/Major Medical Insurance Plan. In consideration of their waiver of this coverage employees who have had single coverage shall receive a $300 bonus and employees who have had family coverage shall receive a $500 bonus subject to the following provisions:
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Medical Coverage Waiver. Any employee may elect to accept a payment equal to 35% of the PPO premium for which they are eligible in lieu of medical coverage and/or a payment of 35% of the premium for which they are eligible in lieu of prescription coverage. The member must have alternate coverage.

Related to Medical Coverage Waiver

  • 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.

  • Individual Coverage If you have Individual Coverage, only your own health care expenses are cov­ ered, not the health care expenses of other members of your family. FAMILY COVERAGE Under Family Coverage, your health care expenses and those of your enrolled spouse and your (and/or your spouse's) enrolled children who are under the limit­ ing age specified in the BENEFIT HIGHLIGHTS section of this Certificate will be covered. All of the provisions of this Certificate that pertain to a spouse also apply to a party of a Civil Union unless specifically noted otherwise. “Child(ren)” used hereafter in this Certificate, means a natural child(ren), a step­ child(xxx), adopted child(xxx), xxxxxx child(xxx), a child(ren) for whom you are the legal guardian or a child(xxx) for whom you have received a court order requiring that you are financially responsible for providing coverage under 26 years of age. a child(xxx) who is in your custody under an interim court order prior to finaliza­ tion of adoption or placement of adoption vesting temporary care, whichever comes first, child(xxx) for whom you are the legal guardian under 26 years of age, regardless of presence or absence of a child's financial dependency, residency, student status, employment status, marital status, eligibility for other coverage or any combination of those factors. In addition, enrolled unmarried children will be covered up to the age of 30 if they: • Live within the service area of the Plan network for this Certificate; and • Have served as an active or reserve member of any branch of the Armed Forces of the United States; and • Have received a release or discharge other than a dishonorable discharge. Coverage for children will end on the last day of the calendar month in which the limiting age birthday falls. If you have Family Coverage, newborn children will be covered from the moment of birth. Please notify the Plan within 31 days of the birth so that your member­ ship records can be adjusted. Your Group Administrator can tell you how to submit the proper notice through the Plan. Children who are under your legal guardianship or who are in your custody under an interim court order prior to finalization of adoption or placement of adoption vesting temporary care, whichever comes first, and xxxxxx children will be cov­ ered. In addition, if you have children for whom you are required by court order to provide health care coverage, those children will be covered. Any children who are incapable of self‐sustaining employment and are dependent upon you or other care providers for lifetime care and supervision because of a disabled condition occurring prior to reaching the limiting age will be covered regardless of age as long as they were covered prior to reaching the limiting age specified in the BENEFIT HIGHLIGHTS section. This coverage does not include benefits for grandchildren (unless such children have been legally adopted or are under your legal guardianship). Coverage under this Certificate is contingent upon timely receipt by the Plan of necessary information and initial premium. MEDICARE ELIGIBLE COVERED PERSONS A series of federal laws collectively referred to as the ``Medicare Secondary Payer'' (MSP) laws regulate the manner in which certain employers may offer group health care coverage to Medicare eligible employees, spouses, and in some cases, dependent children. Reference to spouse under this section do not include a party to a Civil Union with the Eligible Person or their children. The statutory requirements and rules for MSP coverage vary depending on the basis for Medicare and employer group health plan (“GHP”) coverage, as well as certain other factors, including the size of the employers sponsoring the GHP. In general, Medicare pays secondary to the following:

  • Additional Coverage To the extent that insurance coverage provided by Consultant maintains higher limits than the minimums appearing in Exhibit B, City requires and shall be entitled to coverage for higher limits maintained.

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