Medical Coverage Waiver. (Buy-out)
Medical Coverage Waiver. 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. 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.
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. 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. 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. 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.
Medical Coverage Waiver. 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: (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. 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.
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:
A. The administrator must supply to the Human Resources Office written proof of medical coverage with another employer/carrier by January 1 of the applicable enrollment coverage year.
B. $2,000 in lieu of full family coverage shall be paid December 31 of each contract year.
C. $1,600 in lieu of one- (1) or two- (2) person coverage shall be paid December 31 of each contract year.
D. This compensation shall not be provided when both husband and wife, or both parent and child under age 26, are employees of the Xxxxx Xxxx College, nor shall dual coverages be provided in these instances.
Medical Coverage Waiver. 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.
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:
A. The administrator must supply to the Human Resources Office written proof of medical coverage with another employer/carrier by July 1 of the year in which application is made.
B. $1,500 in lieu of full family coverage shall be paid June 30 of each contract year.
C. $1,125 in lieu of one- (1) or two- (2) person coverage shall be paid June 30 of each contract year.
D. This compensation shall not be provided when both husband and wife are employees of the Dearborn Public Schools/Xxxxx Xxxx College, nor shall dual coverages be provided in these instances. This provision shall not apply to those employees who were married and employed by the Board prior to July 1, 2002.