Xxxxxx of Coverage. A bargaining unit member may waive health insurance and related premium share costs as follows:
(1) When a member of the bargaining unit is designated a spouse as defined by the Agreement, premium share costs may be waived with health benefits and premium share costs covered by the designated spouse.
(2) When a spouse is employed outside the District with health insurance provisions provided by the outside employer, the bargaining unit member may designate the health benefit coverage through the outside employer of the spouse and waive premium share costs. Changes during the year will be permitted only if a “Qualified Life Event,” as enumerated in IRC Section 125 occurs (with spouse as defined by CT Statute). Any bargaining unit member who, because of a Qualified Life Event as defined by the Internal Revenue Service, wishes to revoke his or her insurance waiver may do so by notifying the Superintendent in writing. Upon receipt of such written notification, the Superintendent or his or her designee will contact the applicable insurance carrier(s) and request reinstatement of the bargaining unit member under Board-provided health insurance coverage. At no time shall a bargaining unit member elect waiver of health benefits and premium share costs without health benefit coverage as described above.
Xxxxxx of Coverage. The Board will establish a Medical Insurance Waiver Pool for the purpose of determining the cash stipend to be paid to all full-time employees who decide to waive their medical insurance coverage provided by the Board. Part of the consideration as to the amount of the stipend will be the coverage provided the eligible employee as of the date of May 1, 1996, and that coverage will be among one of the following: family medical, single medical, and no medical insurance taken. This stipend is not available when both spouses are employed by the Board. A written waiver must be presented to the Treasurer only during the open insurance enrollment period in the month of September each year. If an employee has need to resume the medical insurance program of the Board, he/she can do so only for the following reasons spelled out by the present carrier: adoption, birth, death, divorce, marriage, legal separation, spouse's employment status from full-time to part-time or vice versa, significant change in the spouse's health coverage at his/her place of employment or loss of other group coverage. These reasons will be provided by the medical insurance carrier. Employees who resume the medical insurance program of the Board will be ineligible to receive the stipend for that year. The stipend will be paid out to each participant by the 15th of November following the October to September period of participation. The stipend will be paid only if the teacher has fulfilled the entire contract for the previous school year. Any employee who waives medical insurance will have an amount put into the Waiver Pool equal to the Board contribution toward Plan B. Each October, the Board will place into the Medical Insurance Waiver Pool fifty percent (50%) of the total yearly amount of its share (based on the previous plan year's premium) for each family/single coverage waived. No amount will be provided by the Board for those employees who, as of May 1, 1996, had no insurance coverage; however, they will be accorded single status for the purpose of receiving the stipend. In the month of October each year, the Treasurer will determine the stipend to be paid out on the basis of the coverage carried on May 1, 1996, with the family stipend being one hundred twenty-five percent (125%) of the single stipend.
Xxxxxx of Coverage. The Company will pay regular full-time employees who waive health care coverage by completing a Health Care Waiver Form, and providing proof of coverage through a spouse, the following annual amount: Employee with no dependents (single coverage): $840.00 Employee with dependents (family coverage): $1,800.00 One-twelfth- of this amount will be paid to the employee each month that the employee remains actively employed.
Xxxxxx of Coverage. The amount of health insurance coverage in effect during the 1990-91 fiscal years will not be changed without the consent of the Fredonia Salaried Support Staff Association.
Xxxxxx of Coverage. In the event an employee, who is eligible for coverage, elects to waive insurance coverage, under this article, he/she shall be entitled to receive payment of 25% of the applicable premium or $5,000.00, whichever is less, from the Board of Education after coverage has been waived for the preceding twelve months. Nothing contained herein shall prevent an employee from rescinding his/her waiver should circumstances warrant the need for insurance coverage; however employee shall not be entitled to payment unless coverage has been waived for the preceding twelve months. A section 125 plan shall be created.
Xxxxxx of Coverage. Teachers who had health and/or dental insurance coverage(s) through another source prior to July 1, 2002 may opt to waive coverage(s) under the District policy(ies) for a full year by completing the appropriate form furnished by the District. The Board will pay these teachers an amount equal to fifty percent (50%) of the premiums that would have been expended on their behalf. Teachers electing to waive their coverage(s) must do so by February 1 with the provisions of this section taking effect on July 1. Payment to the teacher shall begin with the first half payment on October 15 and a second payment on April 15. Full coverage(s) may be reinstated by notifying the District in writing no later than April 1 for the succeeding year. Full-time teachers and those part-time teachers who were hired prior to June 30, 1993 who were receiving the waiver of insurance as described in this paragraph “L” on July 1, 2002 may continue to receive such waiver. Said persons may continue to receive the waiver for the term of their employment at the same amount they were receiving on July 1, 2002, or one half of 103% of their premium equivalent paid for by the school district in the future, whichever is less; however, said sum shall not exceed the sum of $5,000.00. Full time teachers who were not receiving the waiver of insurance as described in this paragraph “L” on July 1, 2002, are not eligible for said waiver. Part-time teachers hired after June 30, 1993 are not eligible for the waiver as described in this paragraph. Reinstatement shall take place on September 1. In the event of an emergency the previously stated deadlines will be waived to the extent that a conflict with the requirements of the insurance company that issues the policy is not created.
