Common use of Cash in Lieu of Medical Coverage Clause in Contracts

Cash in Lieu of Medical Coverage. The voluntary Cash in Lieu of Medical Coverage Program is available to all full-time employees. An employee electing to participate, will forego medical insurance coverage, and will receive one-half of the cash value of the Kaiser Sacramento Area “Employee Only” premium in his/her paycheck on the 25th of the month. This additional income is taxable and the employee must have medical insurance through another source (e.g. spouse or a previous employer). A. New Hire/Annual Enrollment Period – A newly hired employee must enroll within 60 days of his/her hire date. Thereafter an employee electing to participate may enroll during the annual CalPERS open enrollment period. Retroactive enrollment is not permissible. An employee already enrolled in the program, who promotes into a covered classification, will have no interruptions in benefits. B. Once an employee is enrolled in the program, his/her participation may continue year to year, unless the employee elects to discontinue participation during the open enrollment period; the employee has an allowable family status change as defined by IRS regulations; or the employee is found to be disqualified for benefits under this coverage. The DISTRICT may request verification from the employee that he/she is continuing participation in a medical insurance plan through another source. The employee must provide satisfactory documentation of his/her participation within fifteen (15) calendar days of the DISTRICT’S request. C. If an employee’s medical coverage is discontinued after the open enrollment period, the employee may re-enroll in the DISTRICT medical insurance if the employee: 1. Completes and submits an enrollment application within sixty (60) days after losing coverage; and 2. Meets the DISTRICT’S requirements for family status changes. 3. Please contact the Benefits Unit in Human Resources for enrollment and further information regarding this coverage.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Cash in Lieu of Medical Coverage. The voluntary Cash in Lieu of Medical Coverage Program is available to all full-time employees. An employee electing to participate, will forego medical insurance coverage, and will receive one-half of the cash value of the Kaiser Sacramento Area “Employee Only” premium in his/her their paycheck on the 25th of the month. This additional income is taxable and the employee must have medical insurance through another source (e.g. spouse or a previous employer). A. New Hire/Annual Enrollment Period – A newly hired employee must enroll within 60 days of his/her their hire date. Thereafter an employee electing to participate may enroll during the annual CalPERS open enrollment period. Retroactive enrollment is not permissible. An employee already enrolled in the program, who promotes into a covered classification, will have no interruptions in benefits. B. Once an employee is enrolled in the program, his/her their participation may continue year to year, unless the employee elects to discontinue participation during the open enrollment period; the employee has an allowable family status change as defined by IRS regulations; or the employee is found to be disqualified for benefits under this coverage. The DISTRICT SacRT may request verification from the employee that he/she is they are continuing participation in a medical insurance plan through another source. The employee must provide satisfactory documentation of his/her their participation within fifteen (15) 15 calendar days of the DISTRICT’S SacRT’s request. C. If an employee’s medical coverage is discontinued after the open enrollment period, the employee may re-enroll in the DISTRICT SacRT medical insurance if the employee: 1. Completes and submits an enrollment application within sixty (60) 60 days after losing coverage; and 2. Meets the DISTRICT’S SacRT’s requirements for family status changes. 3. Please contact the Benefits Unit in Human Resources for enrollment and further information regarding this coverage.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Cash in Lieu of Medical Coverage. The voluntary Cash in Lieu of Medical Coverage Program is available to all full-time employeesemployees who provide proof of minimal essential coverage. An employee electing to participate, participate will forego medical insurance coverage, coverage and will receive one-half of the cash value of the Kaiser ▇▇▇▇▇▇ Sacramento Area “Employee Only” premium in his/her paycheck on the 25th of the monthpremium. This additional income is taxable and the employee must have medical insurance through another source (e.g. spouse or a previous employer). A. 1) New Hire/Annual Enrollment Period – A newly hired employee must enroll within 60 days of his/her the hire date. Thereafter an employee electing to participate may enroll during the annual CalPERS open enrollment period. Retroactive enrollment is not permissible. An employee already enrolled in the program, who promotes into a covered classification, will have no interruptions in benefits. B. 2) Once an employee is enrolled in the program, his/her participation may continue year to year, year unless the employee elects to discontinue participation during the open enrollment period; the employee has an allowable family status change as defined by IRS regulations; or the employee is found to be disqualified for benefits under this coverage. The DISTRICT SacRT may request verification from the employee that he/she is of continuing participation in a medical insurance plan through another source. The employee must provide satisfactory documentation of his/her such participation within fifteen (15) 15 calendar days of the DISTRICT’S request. C. 3) If an employee’s alternate medical coverage is discontinued after the open enrollment period, the employee may re-enroll in the DISTRICT SacRT medical insurance if the employee: 1. i. Completes and submits an enrollment application within sixty (60) 30 days after losing coverage; and 2ii. Meets the DISTRICT’S requirements for family status changes. 3. Please contact the 4) The Benefits Unit in Human Resources may be contacted for enrollment and further additional information regarding this coverage.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Cash in Lieu of Medical Coverage. The voluntary Cash in Lieu of Medical Coverage Program is available to all full-time employees. An employee electing to participate, will forego medical insurance coverage, and will receive one-half of the cash value of the Kaiser Sacramento Area “Employee Only” premium in his/her paycheck on the 25th of the month. This additional income is taxable and the employee must have medical insurance through another source (e.g. spouse or a previous employer). A. 1) New Hire/Annual Enrollment Period – A newly hired employee must enroll within 60 days of his/her hire date. Thereafter an employee electing to participate may enroll during the annual CalPERS open enrollment period. Retroactive enrollment is not permissible. An employee already enrolled in the program, who promotes into a covered classification, will have no interruptions in benefits. B. 2) Once an employee is enrolled in the program, his/her participation may continue year to year, unless the employee elects to discontinue participation during the open enrollment period; the employee has an allowable family status change as defined by IRS regulations; or the employee is found to be disqualified for benefits under this coverage. The DISTRICT may request verification from the employee that he/she is continuing participation in a medical insurance plan through another source. The employee must provide satisfactory documentation of his/her participation within fifteen (15) calendar days of the DISTRICT’S request. C. 3) If an employee’s medical coverage is discontinued after the open enrollment period, the employee may re-enroll in the DISTRICT medical insurance if the employee: 1. i. Completes and submits an enrollment application within sixty thirty (6030) days after losing coverage; and 2ii. Meets the DISTRICT’S requirements for family status changes. 3. 4) Please contact the Benefits Unit in Human Resources for enrollment and further information regarding this coverage.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Cash in Lieu of Medical Coverage. The voluntary Cash in Lieu of Medical Coverage Program is available to all full-time employees. An employee electing to participate, will forego medical insurance coverage, and will receive one-half of the cash value of the Kaiser ▇▇▇▇▇▇ Sacramento Area “Employee Only” premium in his/her their paycheck on the 25th of the month. This additional income is taxable and the employee must have medical insurance through another source (e.g. spouse or a previous employer). A. New Hire/Annual Enrollment Period – A newly hired employee must enroll within 60 days of his/her their hire date. Thereafter an employee electing to participate may enroll during the annual CalPERS open enrollment period. Retroactive enrollment is not permissible. An employee already enrolled in the program, who promotes into a covered classification, will have no interruptions in benefits. B. Once an employee is enrolled in the program, his/her their participation may continue year to year, unless the employee elects to discontinue participation during the open enrollment period; the employee has an allowable family status change as defined by IRS regulations; or the employee is found to be disqualified for benefits under this coverage. The DISTRICT SacRT may request verification from the employee that he/she is they are continuing participation in a medical insurance plan through another source. The employee must provide satisfactory documentation of his/her their participation within fifteen (15) 15 calendar days of the DISTRICT’S SacRT’s request. C. If an employee’s medical coverage is discontinued after the open enrollment period, the employee may re-enroll in the DISTRICT SacRT medical insurance if the employee: 1. Completes and submits an enrollment application within sixty (60) 60 days after losing coverage; and 2. Meets the DISTRICT’S SacRT’s requirements for family status changes. 3. Please contact the Benefits Unit in Human Resources for enrollment and further information regarding this coverage.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Cash in Lieu of Medical Coverage. The voluntary Cash in Lieu of Medical Coverage Program is available to all full-time employeesemployees who provide proof of minimal essential coverage. An employee electing to participate, participate will forego medical insurance coverage, coverage and will receive one-half of the cash value of the Kaiser Sacramento Area “Employee Only” premium in his/her paycheck on the 25th of the monthpremium. This additional income is taxable and the employee must have medical insurance through another source (e.g. spouse or a previous employer). A. 1) New Hire/Annual Enrollment Period – A newly hired employee must enroll within 60 days of his/her the hire date. Thereafter an employee electing to participate may enroll during the annual CalPERS open enrollment period. Retroactive enrollment is not permissible. An employee already enrolled in the program, who promotes into a covered classification, will have no interruptions in benefits. B. 2) Once an employee is enrolled in the program, his/her participation may continue year to year, year unless the employee elects to discontinue participation during the open enrollment period; the employee has an allowable family status change as defined by IRS regulations; or the employee is found to be disqualified for benefits under this coverage. The DISTRICT SacRT may request verification from the employee that he/she is of continuing participation in a medical insurance plan through another source. The employee must provide satisfactory documentation of his/her such participation within fifteen (15) 15 calendar days of the DISTRICT’S request. C. 3) If an employee’s alternate medical coverage is discontinued after the open enrollment period, the employee may re-enroll in the DISTRICT SacRT medical insurance if the employee: 1. i. Completes and submits an enrollment application within sixty (60) 30 days after losing coverage; and 2ii. Meets the DISTRICT’S requirements for family status changes. 3. Please contact the 4) The Benefits Unit in Human Resources may be contacted for enrollment and further additional information regarding this coverage.

Appears in 1 contract

Sources: Collective Bargaining Agreement