Waiver of insurance coverage. Employees may waive all or some insurance coverage by completing a waiver of coverage form.
Waiver of insurance coverage. In accordance with the Board’s insurance plan, regular employees who are receiving full single or family group health coverage and who agree to waive in writing on or before November 15th the right to hospitalization insurance will receive a lump sum payment of Seven Hundred Dollars ($700.00) for waived single coverage and One Thousand ($1000.00) for waived family coverage. Payment for this will be made on the first pay period following completion of the benefit year. An employee may rescind this waiver during the calendar year if the employee has a change in family status that would permit such rescission under the applicable rules of Section 125 of the Internal Revenue Code and its regulation. Upon such rescission, coverage of the employee and the employee’s dependents under the medical plan of the Board shall be determined solely in accordance with the terms and limitations of the medical plan. Any prior separated periods of coverage under the plan will be applied in total towards this Plan’s pre-existing conditions limitations. An employee who rescinds the waiver will receive no payment for the period of time in which the waiver was in effect. For employees newly hired to the district after June 30, 2012, the following shall apply. If two employees are married to each other, they shall be entitled to only one family plan if they have a dependent child or two single plans if there are no dependent children and neither employee is eligible for the waiver of insurance coverage.
Waiver of insurance coverage. Section 1 Full-time Bargaining Unit Members working assigned hours of 1086 or more (excl. extra trips, holidays, and overtime) who are currently enrolled in or otherwise eligible for group health coverage under Article 41, who waive, in writing on or before October 1 of each year, the right to such insurances will receive a lump sum payment of One Thousand ($1,000.00), which payment will be made on the first pay period following completion of that benefit year. In the event 20 full-time employees waive coverage as of October 1, the incentive will increase to $1,500.00 for that school year. In the event more than 25 full-time employees waive coverage as of October 1, the incentive will increase to $2,000.00 for that school year. In the event more than 30 full-time employees waive coverage as of October 1, the incentive will increase to $2,500.00 for that school year. In no event will the incentive be less than $1,000.00 per school year for employees referenced in this section. Any bargaining unit member who rescinds this waiver during the benefit year will receive no payment for the period of time in which the waiver was in effect. A bargaining unit member who rescinds the waiver due to a change in status during the year will have the ability to be reinstated under the Board’s plan. A change in status is defined as a change in marital status, death of a spouse, or loss of insurance benefits of the spouse.
Waiver of insurance coverage. 1. Employees shall have the option to waive either health or prescription coverage or both. Employees electing such waiver must provide proof of having comparable coverage elsewhere.
Waiver of insurance coverage. An employee eligible for insurance coverage through his/her spouse may decline board-paid insurance and shall be entitled to a $2,000.00 stipend during the term of this contract. Any employee entitled to this stipend shall receive it by way of a semi-annual amount of $1,000.00 payment with the first pay in December and the first pay in June of each school year. To be eligible for the stipend, the employee must withdraw from enrollment in the Schuylkill Technology Center insurance coverage for a minimum period of one (1) school year. Employees must provide written notification and proof of alternate insurance in order to withdraw from the coverage. Written notification must be received no later than May 1, with an effective date of July 1. In situations where both spouses are employed by one or a combination of the Schuylkill Intermediate Unit or Schuylkill Technology Center, neither will be eligible for the insurance stipend. One spouse is required to be covered as a dependent on the other's coverage. Both spouses cannot have individual coverage under the insurance plan. Employees who must re-enroll due to a qualifying event may do so without regard to preexisting conditions.
Waiver of insurance coverage. In accordance with the Board's cafeteria plan, regular employees who agree to waive in writing on or before November 15 of any benefit year the right to such insurances will receive a lump sum payment of Seven Hundred Dollars ($700.00) single and One Thousand Five Hundred Dollars ($1,500.00) family, which payment will be made on the first pay period following completion of the benefit year. An employee may rescind this waiver during the calendar year if the employee has a change in family status that would permit such rescission under the applicable rules of Section 125 of the Internal Revenue Code and its regulations. Upon such rescission, coverage of the employee and the employee's dependents under the medical plan of the Board shall be determined solely in accordance with the terms and limitations of the medical plan. Any prior separate periods of coverage under the Plan will be applied in total towards this Plan's preexisting conditions limitations. An employee who rescinds the waiver will receive no payment for the period of time in which the waiver was in effect. If two employees are married to each other, they shall be entitled to only one family plan, and neither employee is eligible for the waiver of insurance coverage.
Waiver of insurance coverage. Regular full-time bargaining unit members who are currently enrolled in or otherwise eligible for group health coverage under section 16.1 of this article who waive, in writing on or before October 1 of each year, the right to such insurance will receive a lump sum payment of $1,000, which payment will be made on the first pay period following completion of that benefit year. In the event 30 full-time employees waive coverage as of October 1, the incentive will increase to $1,500 for that school year. In the event more than 35 full-time employees waive coverage as of October 1, the incentive will increase to $2,000 for that school year. In the event more than 40 full-time employees waive coverage as of October 1, the incentive will increase to $2,500 for that school year. In no event will the incentive be less than $1,000 per school year for full-time employees. Part-time bargaining unit members who similarly waive coverage will receive a pro rata sum determined by the percentage equivalent to a full-time position. Any bargaining unit member who rescinds this waiver during the benefit year will receive no payment for the period of time in which the waiver was in effect. A bargaining unit member who rescinds the waiver due to a change in status during the year will have the ability to be reinstated under the Board’s plan. A change in status is defined as a change in marital status, death of a spouse, or loss of insurance benefits of the spouse. The Board will make the Waiver of Insurance forms available to the Association before the end of each school year. The Association will be responsible for distributing the form to eligible members. The signed form must be returned to the Personnel Office by October 1. This provision will not be available to any member whose first day of employment is on/after July 1, 2014.
Waiver of insurance coverage. (a) All regular full-time classified bargaining unit members who work at least thirty (30) hours per week and who are enrolled in the district’s Health Care Coverage under Article 7.5 - Health Insurance, elect not to enroll and/or participate in the benefits package will receive a lump sum payment of eight hundred dollars ($800) per year less applicable withholdings.
Waiver of insurance coverage. 1. Subject to the limitations of this section and the requirement of the approved carriers, active employees who have maintained district-sponsored health and/or prescription insurance coverage for a least one calendar year, active employees who prior to the date of ratification of this agreement have informally waived such coverage, and new employees shall have the option to waive either health or prescription coverage or both. Employees electing such waiver must provide proof of having comparable coverage elsewhere.
Waiver of insurance coverage. Beginning July 1, 2024, an employee eligible for health insurance coverage through his/her spouse may decline board paid insurance and shall be entitled to a stipend based on the number of employees waiving their insurance coverage during each year of this contract. Stipend amounts are determined by the number of employees waiving insurance coverage as of July 1 as indicated below:
