Waiver of Insurance. In certain cases the COUNTY may waive the insurance requirement due to the size of the award or the nature of the RECIPIENT. If the insurance requirement is waived, the COUNTY will initial this paragraph: __________.
Waiver of Insurance. Any member of the bargaining unit who is eligible for health insurance benefits may elect to withdraw from the insurance program. The insurance program is defined as Hospitalization, Major Medical, Prescription, Dental, and Vision. An employee may elect to “opt-out” of the Board-provided hospitalization and major medical insurance coverage. An employee who elects to opt-out shall be compensated as follows: • An employee whose spouse is also an Akron Public Schools employee, and is eligible for group health benefits as provided by the Board, is not eligible to participate in the “opt-out” program and shall not be eligible for any “opt-out.” • An employee who can show proof of other insurance coverage may elect not to participate in coverage as offered by the Board insurance. The employee shall be compensated in the amount of $2,500.00, less appropriate tax deductions, per year at the end of an entire year for which he/she did not have coverage. • Employees may elect to opt-out of the Board-provided coverage during an approved open enrollment period and/or within thirty (30) days of eligibility for group health benefit coverage and/or within thirty (30) days from a qualifying life event (i.e. marriage, loss of coverage from another source)(loss of coverage from the other source). It shall be the responsibility of the employee to notify the Insurance Office in writing during the annual Open Enrollment Period for Insurance Coverage (currently October) of the desire to withdraw from the insurance program for the next enrollment year. Payment shall be made to the employee in a separate check at the end of the year of non- participation. However, if employment is severed prior to the end of the year of non- participation, or if re-enrollment occurs per the provision stated above, the employer will pro-rate the amount of the stipend to reflect the number of months of non-participation.
Waiver of Insurance. An employee may opt out of medical coverage offered by the City and receive cash in lieu only if the employee provides before the start of each plan year, an attestation that the employee and his or her tax family have minimum essential coverage through another source (other than coverage in the individual market, whether or not obtained through Covered California) for the plan year. The City will not pay cash in lieu if the City knows or has reason to know that the employee or an individual in the employee’s tax family does not have the required alternative coverage. Any employee in the unit who meets the requirements to opt out of medical coverage can receive eight hundred and forty six dollars ($846.00) per month as cash subject to tax withholdings. Effective July 1, 2019, the amount is increased to one thousand and sixty dollars ($1,060.00) per month. Those employees who meet the requirements and opt out of medical coverage will still receive an employer contribution to cover the mandatory life and disability insurance benefits.
Waiver of Insurance. Any employee eligible at 100% coverage, with spouse or dependents (living in the home) will be eligible for an annual payment for declining insurance coverage with Perry Local School District. Such payment to be made annually at the conclusion of the contract year (July 15th of the following year) and shall be in the amount up to $1,500 for each employee declining eligible family, but retaining single coverage; up to $3,000 for each employee eligible for 100% family coverage who declines all medical-prescription-vision-dental insurance coverage; and up to $1,500 for each employee eligible for 100% single coverage and waiving such coverage. Employees shall be required to provide any and all requested documentation as required either by state or federal law, or as required by the school district to verify their eligibility to waive dependents. Reimbursement shall be provided for employees who decline the coverages as follows: NEW Retain Single Decline All Dental: $ 100 $ 200 Vision: $ 50 $ 100 Prescription: $ 350 $ 700 Medical: $1,000 $2,000 Should an eligible bargaining unit member whose spouse is also employed by the District, who is also eligible for health care benefits, elect this option for payment, the maximum payment shall be $1,500.00 annually. Dependents for payment in lieu of insurance purposes must be both a legal dependent for IRS tax purposes and reside in the same household.
Waiver of Insurance. 1. If a full-time employee elects to withdraw from the insurance program, the employee shall receive a stipend of $4,000 for each school year in which he/she does not participate in the insurance program. Single or one spouse of a married couple who are employees will receive a stipend of $2,000 for each school year in which he/she does not participate in the insurance program.
2. If a part-time employee elects to withdraw from the insurance program as provided above, he/she shall receive a percentage of $4,000/$2,000 for each school year of nonparticipation. Said percentages shall be equivalent to the percentage of time the employee works in comparison to a full-time employee.
3. In the event a change in marital status through death, divorce, marriage, or if a spouse loses his/her present insurance coverage the employee may re-enroll in the program. However, if none of the above are applicable, the employee may not re-enroll for a period of twenty-four (24) months from the withdrawal from the program.
4. It shall be the responsibility of the employee to notify the Treasurer's Office in writing during the month of June if they desire to withdraw from the insurance program for the next school year. Approval of requests to withdraw from the program that come later than June shall be at the discretion of the Superintendent.
5. Payment shall be made to the employee prior to the end of the school year of nonparticipation.
Waiver of Insurance. Effective August 16, 2021, the Employer will pay each employee a monthly opt-out waiver for declining the Employer provided insurance coverage and being added to their spouse or parent insurance coverage. Employees must sign a waiver of coverage stating they have other coverage to be eligible to opt-out of the Employer’s plan and receive the waiver. Employees who opt-out will only be able to again be covered under the Employer’s plan if there is a loss in other coverage (within 31 days) or during open enrollment. The waiver payments to be made on a monthly basis are $500.00 for family plan coverage, $300.00 for employee plus spouse plan coverage, and $150.00 for single plan coverage.
Waiver of Insurance. In the event an Employee elects not to enroll in the health insurance program, the Employer shall reimburse the Employee fifty ($50.00) per month in order to pay for coverage under a spouse's policy, unless the spouse is also covered by the County Health Insurance Plan. Proof of other coverage is required.
Waiver of Insurance. A unit member may submit a waiver of coverage and shall be eligible to be paid on a yearly basis in accordance with the following schedule: ●$2,000 for waiver of family coverage ●$1,200 for waiver of individual coverage ●$1,000 to reduce coverage from family to individual , provided that the unit member is carrying family coverage, and provided further that family coverage is not picked up by a spouse employed by the District. In the event 65 unit members with family coverage opt to submit a waiver of coverage, the following schedule will be used: ●$4,000 for waiver of family coverage ●$2,000 to reduce coverage from family to individual, provided that the unit member is carrying family coverage, and provided further that family coverage is not picked up by a spouse employed by the district. In the event 57 unit members with individual coverage opt to submit a waiver of coverage, the following schedule will be used: ●$2,400 for waiver of individual coverage Unit members are eligible to the waiver regardless of whether their spouse or dependent is an employee of the Half Hollow Hills CSD.
Waiver of Insurance. Under the following conditions and subject to the Section 125 (IRS Code) addendum to this agreement, an employee may waive medical insurance or prescription plan coverage and receive a cash option or flexible spending plan.
Waiver of Insurance. Any employee with spouse or dependents will be eligible for an annual payment for declining insurance coverage with the District. Such payment to be made annually at the conclusion of the contract year (December 31 of the following year) and shall be in the amount up to $2,000 for each employee declining family, but retaining single coverage, or $4,000 for each employee eligible for family coverage who declines all medical- prescription-vision-dental insurance coverage. Reimbursement shall be provided for employees who decline the coverage as follows: Retain Single Decline All Dental: $ 125 $ 250 Vision: $ 75 $ 150 Prescription: $ 500 $1,000 Medical: $1,300 $2,600 Should an eligible bargaining unit member whose spouse is also employed by the District, who is also eligible for health care benefits, elect this option for payment, the maximum payment shall be $2,000 annually. Employees can only elect and receive payment if the employee can demonstrate and certify that they are receiving credible coverage for healthcare insurance from another provide and not the federal exchange for healthcare coverage. Section 125 Plans – The Board will allow before-tax deductions for insurances.
