Common use of Alternative Benefit Option Clause in Contracts

Alternative Benefit Option. Employees providing proof of alternative health insurance coverage shall be reimbursed up to $263.00 per month for employee/subscriber only coverage for him/herself and $240.00 for dependent coverage under this option. Eligible, part-time unit employees, who are scheduled to work a minimum of forty (40) hours but less than sixty-four (64) hours in a pay period, providing proof of alternative health insurance coverage, shall be reimbursed up to $132.00 per month for employee only coverage and $120 for dependent coverage under this option. Part-time unit employees, who are scheduled to work less than forty (40) hours in a pay period, are not eligible for the Alternative Benefit Option. Employees choosing the ABO option cannot apply ABO benefit dollars towards options under the Flexible Benefits Plan. Administration of this option shall be subject to County guidelines. Employees who select employee only coverage but do not select dependent coverage under the ABO benefit will be eligible to cash out the dependent ABO amount as taxable wages. Employee only dollar benefits are not cashable under any circumstances. County and Resident Physicians may, by mutual agreement, agree to reopen this Article and meet and confer regarding its terms and conditions at any time during the term of this MOU.