Common use of OPTIONS TO HEALTH BENEFIT COVERAGE Clause in Contracts

OPTIONS TO HEALTH BENEFIT COVERAGE. Employees who work six (6) or more hours per day who are eligible for but who do not participate in the Board's hospitalization and prescription drug benefit, are eligible to participate in this program. To be eligible to opt out of health benefit coverage, employees must provide proof that employee and all members of the employee’s family have minimal essential coverage. ❑ An additional $50,000 death benefit and AD&D benefit; ❑ The following amounts will be paid per month on a per pay basis based upon the number of paraeducators who opt out of the Board provided health insurance plans as set forth below: Plan 1 – Hired and Eligible for Health Insurance Prior to August 1, 2011: 1-20 opt-out $75.00/month 21-34 opt-out $100.00/month 35+ opt-out $125.00/month Plan 2 – Hired and/or become Eligible for Health Insurance after August 1, 2011: 1-15 opt-out $50.00/month 16-24 opt-out $75.00/month 25+ opt-out $100.00/month Determination of the number of employees who opt-out of health insurance will be determined based upon Open Enrollment for the following benefit year (January 1 – December 31). The Association and impacted employees will be provided with notification of the opt-out amount for the upcoming benefit year prior to December 15th. Those employees and their eligible dependents who opt out of health insurance will be eligible for Board paid dental and vision benefits at no cost to the employee.