Common use of Payment in Lieu of Coverage Clause in Contracts

Payment in Lieu of Coverage. A regular, full-time employee who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year, during the 30 day period prior to January 1st of each year. A waiver agreement drafted by the County shall be executed by the employee. In the event the employee elects to forego health insurance, the County shall pay the employee the amount of $100.00 monthly (up to $1,200.00 per year) directly as taxable compensation. The payment shall be made on a monthly basis, on the first payday of the month following coverage. New hires may opt for the health waiver upon hiring into the County. The provisions of the sub-section (c) shall not apply to a husband and wife who are both employees of Xxxxx County. Those employees shall not be permitted to have double health insurance coverage. Employees who are receiving payment as of March 16, 2005 under this sub-section (c) shall be grandfathered. An employee losing health insurance coverage from another source shall notify the County Personnel Department in time so that the employee and dependents, where appropriate, can be re-enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The employee shall be paid through the month in which they were covered under the waiver. Payment to be made the first payday of the month following coverage.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Payment in Lieu of Coverage. A regular, full-time employee who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year, during the 30 day period prior to January 1st of each year. A waiver agreement drafted by the County shall be executed by the employee. In the event the employee elects to forego health insurance, the County shall pay the employee the amount of $100.00 monthly (up to $1,200.00 per year) directly as taxable compensation. The payment shall be made on a monthly basis, on the first payday of the month following coverage. New hires may opt for the health waiver upon hiring into the County. The provisions of the sub-section (cb) shall not apply to a husband and wife who are both employees of Xxxxx County. Those employees shall not be permitted to have double health insurance coverage. Employees who are receiving payment as of March 16, 2005 under this sub-section (c) shall be grandfathered. An employee losing health insurance coverage from another source shall notify the County Personnel Department in time so that the employee and dependents, where appropriate, can be re-enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The employee shall be paid through the month in which they were covered under the waiver. Payment to be made the first payday of the month following coverage.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Payment in Lieu of Coverage. A regular, full-time employee who is eligible for health insurance via another source and who executes an affidavit to that effect may elect not to be covered by the health insurance provided under this Article. The decision to waive coverage shall be made once per calendar year, during the 30 30-day period prior to January 1st of each year. A waiver agreement drafted by the County shall be executed by the employee. In the event the employee elects to forego health insurance, the County shall pay the employee the amount of $100.00 monthly (up to $1,200.00 per year) directly as taxable compensation. The payment shall be made on a monthly basis, on the first payday of the month following coverage. New hires may opt for the health waiver upon hiring into the County. The provisions of the sub-section (cb) shall not apply to a husband and wife who are both employees of Xxxxx County. Those employees shall not be permitted to have double health insurance coverage. Employees who are receiving payment as of March 16, 2005 under this sub-section (c) shall be grandfathered. An employee losing health insurance coverage from another source shall notify the County Personnel Department in time so that the employee and dependents, where appropriate, can be re-re- enrolled in a health care plan beginning the first day of the month following alternate coverage. No pre-existing condition requirement has to be met in this situation. The employee shall be paid through the month in which they were covered under the waiver. Payment to be made the first payday of the month following coverage.. The employer agrees to provide for the continuation of health insurance on the same terms and conditions as applicable to members of the bargaining unit for the spouse and dependent (to the maximum age of 26) of a bargaining unit member killed in the line of duty for a period of five

Appears in 1 contract

Samples: Collective Bargaining Agreement

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