Health Insurance Opt-Out. Effective July 1, 2009, Administrators who show proof of other health insurance coverage may receive an annual payment of two thousand dollars ($2,000) for opting out of the District health insurance plan, subject to the conditions set forth in Section 3.7.
Health Insurance Opt-Out. A. City of Grand Rapids employees who are eligible for health insurance provided by another health insurance carrier who can provide proof of such coverage may elect to opt out of the City’s insurance coverage.
Health Insurance Opt-Out. Effective July 1, 2007, bargaining unit members declining the City’s health insurance benefit shall be eligible for a continuing annual opt-out insurance benefit pursuant to the City’s health insurance policy. Those bargaining unit members shall receive fifteen hundred dollars ($1,500) annually for opting-out of an individual plan or twenty-five hundred dollars ($2,500) annually for opting-out of a family plan under the above- mentioned policy.
Health Insurance Opt-Out. If the Employer offers a new health insurance opt out to any other employees, the same offer shall be made to POST bargaining unit employees.
Health Insurance Opt-Out. All employees who qualify for full health insurance and are covered under another group contract shall receive cash in lieu of health insurance benefits in the amount equal to one half the MESSA Choices single subscriber rate. The amount received in lieu of health insurance benefits may be applied to a tax-deferred annuity plan. All other benefits are the same as described above.
Health Insurance Opt-Out. Full-Time Employees who were employed at the Pittsburgh Post Office as of March 2020 had a one-time option to decline coverage through the SEIU 32BJ Health Fund in writing on or before March 20, 2020. Full-time employees who do not opt out on or before March 20, 2020 will automatically be enrolled in the health plan, and the Employer shall make monthly deductions from their Hourly Benefit Amount in accordance with the preceding paragraph. Those Full-Time Employees who opted out (by demonstrating adequate health care coverage elsewhere) and did not elect health insurance coverage, shall not be eligible for health insurance, and the Employer shall not make any contributions to the SEIU 32BJ Health Fund on their behalf. Only employees who can demonstrate adequate coverage elsewhere shall be permitted to decline coverage. The SEIU 32BJ Health Fund shall be responsible for administering any Employee opt-out along with obtaining all necessary information to confirm Employee coverage elsewhere. The Employer and the Union shall make reasonable efforts to assist the Fund. Employees who declined coverage will be required annually during the open enrollment period to demonstrate adequate coverage to opt out of health coverage provided herein. Employees who fail to do so will be automatically enrolled in the health plan. Employees opting out of health insurance coverage shall have the healthcare portion of their hours benefit supplement contributed to the Supplemental Retirement Savings plan. As of the effective date of this agreement, the Hourly Benefit Amount shall therefore be administered as follows for employees opting out of health insurance coverage: Hourly Benefit Amount: $4.80 - Legal Benefit Deduction ($0.11) Remaining Amount $4.69 per hour To be contributed to SRSP
Health Insurance Opt-Out. Employees who have alternative health insurance coverage may elect to discontinue to participate in the City's health insurance plan pursuant to the City's health insurance opt-out program adopted pursuant to Resolution No. 05-38, as amended by Resolution No. 09-24. The opt-out benefit to such employees shall be in the annual amount of $3,000 prorated based upon employment with the City during the applicable plan year and shall be paid at the employee's option either to a Health Reimbursement Account or in the form of additional compensation to the employee to be paid in a lump sum, less appropriate deductions, on the first pay day in December in the applicable plan year.
Health Insurance Opt-Out. Employees who are budgeted for 64 or more hours per pay period and who provide proof of coverage through an alternative source, and who do not select health insurance under an MCLAREN GREATER LANSING plan will receive $15.00 per pay period. Employees choosing the opt-out may only enroll following a qualifying event or during the open enrollment period.
Health Insurance Opt-Out. Employees with dependents will have the option to voluntarily opt out of dependent coverage to which they would otherwise be eligible under the District-provided medical plan identified in Section 7.2, above. Such employees who voluntarily go from Family coverage to Employee plus spouse or Employee plus children will be paid $150 per month, less required payroll deductions. Such employees who go from Family coverage to Employee only will be paid $300 per month, less required payroll deductions. Such employees who go from Employee plus spouse or Employee plus children to Employee only coverage will be paid $200 per month, less required payroll deductions. This voluntary opt-out option is capped at 9% of the total employees represented by ATU on December 1 of each year for the following year. If more than 9% seek to participate, participants will be selected based on seniority.
Health Insurance Opt-Out. Teachers who have subscribed to the District’s group health insurance for at least one full year may choose to opt out of receiving this benefit during the open enrollment period and will receive the following annual payment listed below. The payment will be made in June of the following fiscal year. HMO Individual Plan:$1,000.00 HMO Family Plan: $2,000.00 PPO Individual Plan: $1,500.00 PPO Family Plan: $3,000.00
