Payment in Lieu of Health Care Coverage Sample Clauses

Payment in Lieu of Health Care Coverage. A. Any bargaining unit member eligible for health care coverage who elects not to participate in The Plan shall receive an annual payment in lieu of insurance, provided that the bargaining unit member provides the District with a confirmation of health care coverage elsewhere. If four (4) or fewer members select payment in lieu of coverage, the annual payment shall be one thousand, five hundred dollars ($1,500). If five (5) members select payment in lieu of coverage, the annual payment shall be two thousand dollars ($2,000). If six (6) members select payment in lieu of coverage, the annual payment shall be two thousand, five hundred dollars ($2,500). If seven (7) members select payment in lieu of coverage, the annual payment shall be three thousand dollars ($3,000). If eight (8) or more members select payment in lieu of coverage, the annual payment shall be three thousand, five hundred dollars ($3,500).
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Payment in Lieu of Health Care Coverage. Employees who are eligible for health insurance coverage through the County and elect to NOT enroll in the group medical benefit plan because they are eligible for coverage under another qualified group medical benefit plan available to their spouse and/or eligible dependents will be eligible to receive additional monthly compensation based upon their health insurance coverage eligibility status. The amount of such compensation may be fixed by the Board of Commissioners, but shall not be less than $166.67 per month. Payments will be made once per month on the first paycheck in each month that the employee would otherwise be eligible for health insurance coverage. This amount will be pro-rated based on the number of hours the employee is regularly scheduled to work and the eligible months of service. An employee must provide proof of insurance coverage under a qualified group plan for the employee and eligible dependents as defined or required by the Affordable Care Act or implementing regulations and complete all forms or certifications required by the County and under the Affordable Care Act of such payments. It is agreed by the Parties that an employee will not be eligible for payment in lieu of health insurance if such payment would violate the Affordable Care Act or implementing regulations, or cause the Employer to be subject to penalty or fine. Should insurance coverage through the secondary source terminate for any reason, the employee should notify the County Administrator, or his or her designee, within (30) days and re-enroll in the County health insurance program. Failure to timely notify the County may result in the ability to re-enroll being limited to the open-enrollment period. Employees who are insured under a Grand Traverse County health insurance plan provided to their spouse are not eligible for this payment.
Payment in Lieu of Health Care Coverage. A. Any bargaining unit member eligible for health care coverage who elects not to participate in the Plan shall receive an annual payment of $1,500 in lieu of insurance, provided that the bargaining unit member provides the District with a confirmation of health care coverage elsewhere by September 30th.
Payment in Lieu of Health Care Coverage 

Related to Payment in Lieu of Health Care Coverage

  • Health Overcoming or managing one’s disease(s) as well as living in a physically and emotionally healthy way;

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