The Town Board finds that some of its eligible
employees who could otherwise receive health insurance coverage through
the Town's group health insurance provider for themselves and/or their
families may already have health insurance coverage available to them
from another source. In cases such as this, the Town Board finds that
it is an unnecessary expense for the Town of Tuxedo to provide such
an employee health insurance coverage where an otherwise eligible
employee of the Town already has sufficient health insurance coverage
available from another source. It is therefore the intent of this
article to authorize Town employees who already have health insurance
coverage available to them to elect cash payments in lieu of the Town
providing health insurance coverage for them and/or their families
as set forth more fully below.