Waiver Incentive. An employee who is enrolled in the BOARD health insurance plan on May 1, 2018 is eligible for the following stipends for each year he/she chooses to discontinue participation in the health care plan:
Waiver Incentive. Eligible participants shall receive an annual payment of one thousand two hundred dollars ($1,200) in a separate check payable in the second pay period in January for participation during the prior calendar year. For the purpose of the waiver, the Plan year is January through December. If an individual participating in the waiver program elects to enroll in the District's health care program, the amount of the incentive will be proportionally reduced ($100 per month) based on the number of months the individual participated in the District's waiver program, eligibility for the incentive will cease, and the employee will be enrolled in the District's health care program of his/her choice with any administrative expenses incurred reimbursed by the Board. Eligibility: Eligible employees, who can produce documentation which certifies that they have coverage for health care expenses through any source, are eligible to participate in the waiver incentive program. Participation is effective on the first day of the month beginning at least fifteen (15) days after receipt by the Plan administrator. Employees who choose to waive coverage shall be able to revoke such waiver when there is a qualifying event.
Waiver Incentive. (a) The Employer shall remit an annual payment of twenty-five hundred dollars ($2,500) to be paid bi-weekly to each employee who, with satisfactory proof of alternative health insurance coverage received in another plan, elects not to take any coverage under the City health care plan. The waiver of coverage applies to medical, dental, vision, and prescription drug programs. Health care coverage cannot be provided by a spouse who receives City benefits. If, after waiving coverage under any City health care plan, the employee loses coverage due to the death of a spouse or other person who is a source of coverage, divorce or loss of employment (or such other qualifying event as determined by the Employee Benefits Division), the employee may enroll in a City health care plan and consequently relinquish the waiver payment. An employee must notify the City's Employee Benefits Division within thirty (30) days after a qualifying event occurs in order to enroll in a City health care plan. The Employer shall apportion the payment should an employee either enter or leave a City health care plan within a calendar year. Employees must reapply for this benefit each year during the open enrollment period for health benefits.
