Common use of Waiver of Insurance Clause in Contracts

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. 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 the 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 2,000 for each employee declining eligible family, but retaining single coverage; up to $3,000 4,000 for each employee eligible for 100% family coverage who declines all medical-prescription-vision-dental insurance coverage; and up to $1,500 2,000 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 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: $ 100 125 $ 200 250 Vision: $ 50 75 $ 100 150 Prescription: $ 350 $ 700 500 $1,000 Medical: $1,000 1,300 $2,000 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 $1,500.00 2,000 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. 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 the District. Such payment to be made annually at the conclusion of the contract year (July January 15th of the following year) and shall be in the amount up to $1,500 2,000 for each employee declining eligible family, but retaining single coverage; up to $3,000 4,000 for each employee eligible for 100% family coverage who declines all medical-prescription-vision-dental insurance coverage; and up to $1,500 2,000 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 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: $ 100 125 $ 200 250 Vision: $ 50 75 $ 100 150 Prescription: $ 350 $ 700 500 $1,000 Medical: $1,000 1,300 $2,000 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 $1,500.00 2,000 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.