Waiver of Medical Insurance Sample Clauses

Waiver of Medical Insurance. In the event an employee waives the medical insurance set forth above, upon showing proof of duplicate medical coverage, he/she shall receive the amount of $5,000 per year for family or $3,000 per year single eligible. In order to receive said stipend, the employee must be actively on the payroll as of December 15th. The amount will be payable in the last pay period of December of each year. A notice to waive coverage must be given to NFT Metro no later than March 1st, to be eligible for the following fiscal years payment. In the event an employee wishes to re-obtain medical insurance, he/she must re-apply.
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Waiver of Medical Insurance. In the event that an Officer waives the medical insurance coverage set forth above, upon showing proof of duplicate coverage, he/she shall receive an amount per year in accordance with the following table payable no later than December 15th of each year. Single plan - $3,000 Family plan - $5,000 A notice to waive coverage must be given to the NFTA no later than March 1st to be eligible for the following fiscal year’s payment. In the event an Officer wishes to re-obtain medical insurance, he/she shall make application to the NFTA as soon as possible. If an Officer dies in the line of duty, the NFTA will provide and pay for health insurance for the Officer’s surviving spouse and dependents until the spouse remarries or obtains comparable coverage.
Waiver of Medical Insurance. The NFTA may, in its sole discretion, administer its program whereby an employee may waive the medical insurance coverage set forth in Section 1 above, upon a showing of duplicate coverage. The rules and procedures for taking part in this program and/or for reapplying for the insurance coverage provided for in Section 1, shall be established by the NFTA in its sole discretion. Any employee who, for the entire period April 1 through November 30, has waived his or her medical coverage with the approval of the NFTA shall receive the amount of $3,000 for single coverage and $5,000 for family coverage payable no later than December 15. It is further understood that re-enrollment in the NFTA provided medical insurance coverage may only be done for the next fiscal year or upon proof of loss of duplicate coverage.
Waiver of Medical Insurance. The NFTA may, in its sole discretion, administer its program whereby an employee may waive the medical insurance coverage set forth in Section 1 above, upon proof of duplicate coverage. The rules and procedures for taking part in this program and/or for reapplying for the insurance coverage provided for in Section 1, shall be established by the NFTA in its sole discretion. Any employee who, for the entire period of April 1st through November 30th, has waived his or her medical coverage with the approval of the NFTA shall receive the amount of $3000 for single coverage and $$5000 for family coverage payable no later than December 15th. It is further understood that re-enrollment in the NFTA provided medical insurance coverage may only be done for the next fiscal year or upon proof of loss of duplicate coverage. The NFTA’s administration of, including eligibility for and the rules and procedures for taking part in the program in lieu of Medical Insurance, cannot be grieved nor be the subject of the grievance and arbitrator procedure herein.”
Waiver of Medical Insurance. 11.5.1. During the term of this MOU, employees who opt out of a CalPERS plan for health insurance, and provide proof of alternate group medical insurance will be entitled to $300.00 per month. To qualify, an employee must provide proof of alternate group coverage to Human Resources. Alternate coverage must be acceptable by the City and compliant with the Affordable Care Act, as may be amended.
Waiver of Medical Insurance. In the event that an employee waives the medical insurance coverage set forth above, upon showing proof of duplicate coverage, he/she shall receive the amount of three thousand dollars ($3,000) for single coverage and five thousand ($5,000) for family coverage per year payable no later than December 15th of each year. A notice to waive coverage must be given to NFT Metro no later than December 1st to be eligible for the following calendar year’s payment. In the event an employee wishes to reobtain medical insurance, he or she shall make application to NFT Metro.
Waiver of Medical Insurance. The NFTA may, in its sole discretion, administer its program whereby an employee may waive the medical insurance coverage set forth in Section 1 above, upon a showing of duplicate coverage. The rules and procedures for taking part in this program and/or for reapplying for the insurance coverage provided for in Section 1, shall be established by the NFTA in its sole discretion. Any employee who, for the entire period April 1 through November 30, has waived his or her medical coverage with the approval of the NFTA shall receive the amount of $3,000 for single coverage and $5,000 for family coverage payable no later than December 15. It is further understood that re-enrollment in the NFTA provided medical insurance coverage may only be done for the next fiscal year or upon proof of loss of duplicate coverage. SECTION 3 - DENTAL INSURANCE the term hereof, NFTA shall provide permanent employees, and qualifying dependents, the Group Health Incorporated (GHI) Preferred Dental Plan. SECTION 4 - OPTICAL INSURANCE NFTA shall provide permanent employees and qualifying dependents with Group Health Incorporated Comprehensive Benefits Plan (CBP) optical coverage. SECTION 5 - EQUIVALENT COVERAGE NFTA and the Association agree that all benefits listed in this Article are subject to change upon mutual agreements of the parties; and that the levels and types of coverage provided shall be the equivalent o f those under the plans listed in this Article unless mutually agreed to be otherwise.
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Waiver of Medical Insurance. Full time employees who are enrolled in an alternate health insurance plan may waive (relinquish) enrollment in the City of Wasco Health Insurance Plan by providing proof of comparable coverage and receive a $100 per month stipend. The waiver of insurance stipend is to be paid $50.00 per pay period for the first two pay periods of the month.
Waiver of Medical Insurance. An employee may elect to not be covered by a City group medical insurance plan if he/she provides proof of coverage from another group medical insurance source. The City may require proof of coverage at any time. An eligible employee may elect to have the City’s monthly contribution applied to his/her deferred compensation account, the purchase of products offered through the Cafeteria Plan, and/or receive a cash payout.
Waiver of Medical Insurance. 1. Regular, full time employees who are eligible to receive Medical and Hospital Insurance and related riders under negotiated contract provisions, may elect to waive such employee benefits because they are currently covered by adequate Health and Hospital Insurance through their spouse's plan, or because they deem they do not require such coverage. 2. FAMILY PLAN PARTICIPANTS - As compensation for the waiving of the rights to such coverage, the City agrees to pay the employee $2,000.00 for the period January 1st through December 31st in their paycheck on the first pay period in December as a modification to wages (subject to taxes). This compensation would be pro-rated over the year from the time an employee elected such waiver, is hired or terminated, or if the employee requires immediate reinstatement of coverage due to loss of coverage through the employee's spouse's plan. 3. SINGLE MEMBER PARTICIPATION - As compensation for the waiving of the right to such coverage, the City agrees to pay the employee $350.00 for the period January 1st through December 31st in their paycheck on the first pay period in December as a modification to wages (subject to taxes). This compensation would be pro-rated over the year from the time the employee elected such waiver, is hired or terminated, or if the employee requests immediate reinstatement of coverage. Member must show proof of other medical coverage prior to waiver being granted. 4. Either single or married employees desiring to waive this coverage shall be required to sign Appendix form A. Any employee who desires to reinstate coverage shall be required to sign Appendix form B at least 30 days prior to reinstatement of coverage. 5. A married employee who desires to reinstate family plan coverage shall be required to provide verification that their spouse's insurance coverage is no longer available or has been reduced substantially. 6. In the event both spouses are employed by the City of Tonawanda, the provisions of this section shall not be applicable, as only one may be eligible for joint coverage of both parties.
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