Common use of Payment in Lieu of a Health Insurance Contribution Clause in Contracts

Payment in Lieu of a Health Insurance Contribution. Employees hired prior to May 1, 2017 who opt out of the County’s Health Plans shall receive $300.00 per month. To qualify for this payment the employee must provide the Personnel Department with proof of other health insurance coverage annually. Employees hired on or after May 1, 2017 or current employees who are not currently signed up for cash in lieu shall not be entitled to receive payment in lieu of health insurance. Employees who are eligible to Opt Out of the County sponsored health insurance will receive a net cash payment minus all required employer contributions and employee deductions for payroll taxes, retirement and insurance premiums that are directly tied to compensation.

Appears in 5 contracts

Samples: www.countyofglenn.net, legistarweb-production.s3.amazonaws.com, legistarweb-production.s3.amazonaws.com

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