Health Incentive Plan. The Board implemented the following plan for eligible participants effective January 1, 2008: Eligible Participants -Bargaining unit members who are insured under a health insurance plan other than that provided in this agreement and who elect to drop their health insurance (status as of 10/22/2007) coverage status and bargaining unit member new to the district during the duration of this negotiated agreement are eligible for the Health Incentive Plan. Plan benefits - Each eligible plan participant will receive an incentive payment equal to twenty- five (25%) percent of the amount which the Board would have been required to contribute to that member's health insurance premium payment had the member subscribed to that coverage. The incentive payment will be made monthly beginning with the first month following acceptance of the application and that such payments will be subject to all applicable withholding including, but not limited to STRS contributions, and federal, state, and local income tax. To participate in the Health Insurance Incentive Plan, you must complete an Election Agreement for this plan. You will be able to elect to exchange coverage for cash compensation. Generally, you will not be permitted to change your election to participate in the Plan or to vary the level of benefits you have selected during the Plan Year except during Open Enrollment periods. One open enrollment period per year. However, you may change your previous election if you have a “change in family status." A change in family status is defined in Internal Revenue Service regulations as follows:
Health Incentive Plan. The Employer agrees to provide the benefits of the Health Incentive Plan set forth in this Part II, Article II ("HIP") for eligible Employees and Dependents effective as of the Effective Date and for the duration of the CBA thereafter, on the terms set forth in this Article II. The Employer may arrange with the Company to provide the HIP benefits under a group health plan maintained by the Company, but in no event shall the Company or any other member of the Controlled Group (other than the Employer) be liable for the HIP benefits under this Part II, Article II. The Employer shall be solely responsible for the HIP benefits under this Part II, Article II.
Health Incentive Plan. The Employer agrees to provide the benefits of the Health Incentive Plan set forth in this Part II, Article I ("HIP") for eligible Employees and Dependents effective as of the Effective Date (which for purposes of this Article I shall mean January 1, 2014; provided, however, that with respect to New Hires (as hereinafter defined),
Health Incentive Plan. (a) Employees that work each and every day of their regular assignment in a calendar quarter shall receive a health incentive payment equal to sixteen (16) hours pay at the regular rate, provided in each case that the eligible employee files, prior to the close of the next calendar quarter, a claim form with the Payroll Department claiming such incentive pay. Such payment shall be made as part of the employee’s regular paycheck as soon after the filing of the claim as reasonably practicable but no later than forty-five (45) days following the filing of the employee’s claim.
Health Incentive Plan. The Employer agrees to provide the benefits of the Health Incentive Plan set forth in this Part II, Article I ("HIP") for eligible Employees and Dependents effective as of the Effective Date (which for purposes of this Article I shall mean January 1, 2014; provided, however, that with respect to New Hires (as hereinafter defined), “Effective Date” shall mean July 27, 2013) and for the duration of the collective bargaining agreement dated August 12, 2013 between the Employer and the Union (the “CBA”), on the terms set forth in this Article I. The provisions of Part II, Article I of the 2009 Pension and Insurance in effect on August 11, 2013, as modified to the extent required by PPACA, and the benefits provided thereunder will remain in effect through December 31, 2013. The Employer may arrange with the Company to provide the HIP benefits under a group health plan maintained by the Company, but in no event shall the Company or any other member of the Controlled Group (other than the Employer) be liable for the HIP benefits under this Part II, Article II. The Employer shall be solely responsible for the HIP benefits under this Part II, Article II.
