Common use of Payment in Lieu of Hospitalization Insurance Clause in Contracts

Payment in Lieu of Hospitalization Insurance. Notwithstanding the provisions of Section 14.2 effective with the execution of this Agreement, a full-time employee may voluntarily elect to waive in writing all health insurance coverage outlined in Section 14.2 and in lieu thereof, shall receive thirty-five dollars ($35.00) per pay period subject to the following: (a) The employee must provide proof of insurance coverage from some other source. (b) Notice of the intent to waive insurance must be sent to Human Resources within thirty (30) days of the execution of this Agreement, and annually thereafter during the open enrollment period. (c) All insurance waived employees who wish to return to provided insurance may do so during the open enrollment period. (d) Employees who have a change in coverage status such as death of a spouse, divorce, or the loss of coverage (not by selection) may return to provided hospitalization insurance at any time throughout the year as long as written evidence is provided which substantiates one of these special conditions. (e) Restoration of insurance coverage shall be reinstated as soon as possible subject, however, to any regulations or restrictions, including waiting periods, which may be prescribed by the appropriate insurance carriers. (f) Waiver of coverage procedures must be acceptable to the applicable insurance carrier. Payment in lieu of hospitalization shall not be paid to an employee’s spouse or dependent who is covered by a County plan.

Payment in Lieu of Hospitalization Insurance. Notwithstanding the provisions of Section 14.2 13.1, effective with the execution of this Agreement, a full-time an employee may voluntarily elect to waive in writing all health insurance coverage outlined in Section 14.2 13.1 and in lieu thereof, shall receive thirty-five dollars ($35.0035) per pay period subject to the following: (a) The employee must provide proof of insurance coverage from some other source. (b) Notice of the intent to waive insurance must be sent to the Human Resources Director within thirty (30) days of the execution of this Agreement, Agreement and annually thereafter during the open enrollment period. (c) All insurance waived employees who wish to return to provided insurance may do so during the open enrollment periodperiod each year. (d) Employees who have a change in coverage status such as death of a the spouse, divorce, or the loss of coverage (not by selection) may return to provided hospitalization insurance at any time throughout the year as long as written evidence is provided which substantiates one of these special conditions. (e) Restoration of insurance coverage shall be reinstated as soon as possible possible; subject, however, to any regulations or restrictions, including waiting periods, which may be prescribed by the appropriate insurance carriers. (f) Waiver of coverage procedures must be acceptable to the applicable insurance carrier. Payment in lieu of hospitalization health insurance shall not be paid to an employee’s employee whose spouse or dependent who is covered by a County plan.

Payment in Lieu of Hospitalization Insurance. Notwithstanding the provisions of Section 14.2 17.1, effective with the execution of this Agreement, a full-time an employee may voluntarily elect to waive in writing all health insurance coverage outlined in Section 14.2 17.1 and in lieu thereof, thereof shall receive thirty-five dollars ($35.0035) per pay period subject to the following:. (a) The employee must provide proof of insurance coverage from some other source. (b) Notice of the intent to waive insurance must be sent to the Human Resources Director within thirty (30) days of the execution of this Agreement, Agreement and annually thereafter during the open enrollment period. (c) All insurance waived employees who wish to return to provided insurance may do so during the open enrollment periodperiod each year. (d) Employees who have a change in coverage status such as death of a the spouse, divorce, or the loss of coverage (not by selection) may return to provided hospitalization insurance at any time throughout the year as long as written evidence is provided which substantiates one of these special conditions. (e) Restoration of insurance coverage shall be reinstated as soon as possible possible; subject, however, to any regulations or restrictions, including waiting periods, which may be prescribed by the appropriate insurance carriers. (f) Waiver of coverage procedures must be acceptable to the applicable insurance carrier. . (g) Payment in lieu of hospitalization health insurance shall not be paid to an employee’s employee who is a spouse or dependent who is covered by a County plan.