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. 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. 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. 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. 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. 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.
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.
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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. 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.”

Related to Waiver of Medical Insurance

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • Optical Insurance The Employer shall contribute the full composite premium cost for an optical insurance plan policy premium for each SUCCESS employee deemed eligible (e.g. Vision Service Plan). Participation in the optical insurance benefit is voluntary for each eligible SUCCESS employee. In order to qualify for the Employer’s share of the monthly premium, the SUCCESS employee must qualify under the rules and regulations of the respective carrier and may enroll in one of the following plans:

  • Industrial Insurance Waiver With respect to the performance of this Agreement and as to claims against the County, its appointed and elected officers, agents and employees, the Contractor expressly waives its immunity under Title 51 of the Revised Code of Washington, the Industrial Insurance Act, as now or hereafter amended, for injuries to its employees and agrees that the obligations to indemnify, defend and hold harmless provided in this Agreement extend to any claim brought by or on behalf of any employee of the Contractor. Along with the other provisions of this Agreement, this waiver is mutually negotiated by the parties to this Agreement.

  • General Insurance Provisions (i) Any insurance which Tenant is required to maintain under this Lease shall include a provision which requires the insurance carrier to give Landlord not less than thirty (30) days' written notice prior to any cancellation or modification of such coverage.

  • Hospital and Medical Insurance The University shall make available health insurance to the employees covered by this agreement to the same extent and in the same manner as is available to other University employees, such as Faculty and the Executive, Administrative and Professional Staff employees. It is the University's goal to have the same health insurance plans offered uniformly to all University groups and employees.

  • Dental Insurance The State agrees to pay one hundred percent (100%) of the employee premium of a dental insurance program for full-time employees. The benefit levels of this program shall provide one hundred percent (100%) coverage for preventive care and eighty percent (80%) coverage for general service care. The State agrees to provide payroll deduction for dental insurance, provided such arrangements are agreed to by the insurance carrier. Dependent coverage will be available provided there is sufficient employee participation in the dental insurance program. Dependent coverage will be at the employees' expense.

  • INDUSTRIAL INSURANCE It is understood and agreed that there shall be no Industrial Insurance coverage provided for Contractor or any Sub-Contractor of the Contractor by the City. Contractor agrees, as a precondition to the performance of any work under this Agreement and as a precondition to any obligation of the City to make any payment under this Agreement to provide City with a certificate issued by an insurer in accordance with NRS 616B.627 and with a certificate of an insurer showing coverage pursuant to NRS 617.210. It is further understood and agreed by and between City and Contractor that Contractor shall procure, pay for, and maintain the above mentioned industrial insurance coverage at Contractor's sole cost and expense. Should Contractor be self-funded for Industrial Insurance, Contractor shall so notify City in writing prior to the signing of this Contract. City reserves the right to approve said retentions, and may request additional documentation, financial or otherwise, for review prior to the signing of this Contract. MINIMUM LIMITS OF INSURANCE CONTRACTOR shall maintain coverages and limits no less than:

  • Medical Insurance for Retirees The University will make available a medical insurance plan for official retirees hired prior to January 1, 2014 in the same manner and on the same basis as applies to all the University’s other official retirees. An official retiree (including early retirees) for purposes of this benefit, will be defined as any regular employee who is employed by the University at the time of retirement, who is vested in a University sponsored retirement plan and whose years of University service and age total a minimum of 75. Coverage for the spouse of the retiree or early retiree is available on the same basis as for other University official retirees. The University retains the right to modify or terminate this plan upon reasonable notice to staff and retirees.

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