Common use of Waiver of All Insurance Benefits Clause in Contracts

Waiver of All Insurance Benefits. Any bargaining unit member who is currently insured under the Board's insurance plan and can validate that he/she is covered under a non- bargaining unit member's spouse's insurance plan may elect to refuse membership in the Board's hospital/surgical/major medical/dental insurance plans and receive a one thousand-dollar ($1,000.00) cash incentive. A bargaining unit member employed by the Board on a fifty percent (50%) contract or less will be eligible to receive a five hundred- dollar ($500.00) cash incentive. 1207.02

Waiver of All Insurance Benefits. Any bargaining unit member who is currently insured under the Board's insurance plan and can validate that he/she is covered under a non- bargaining unit member's spouse's insurance plan may elect to refuse membership in the Board's hospital/surgical/major medical/dental insurance plans and receive a one thousand-dollar ($1,000.00) cash incentive. A bargaining unit member employed by the Board on a fifty percent (50%) contract or less will be eligible to receive a five hundred- dollar ($500.00) cash incentive. 1207.02.