[Adopted 9-5-2017 by Ord.
No. 2017-3205]
Pursuant to N.J.S.A. 40A:10-17.1, the Township hereby establishes
a health benefits waiver policy for eligible employees. All employees
who are eligible to receive health, prescription and dental benefits
are eligible to opt out of any or all of the three benefits and receive
an annual payment based upon the savings realized by the Township
due to their waiver.
A.
Eligible employees may only file their waiver request when they are
first eligible for health care benefits, or during the Township's
annual open enrollment period.
B.
In order to file the waiver, the employee must show proof of coverage
under a different health care plan than the Township's at the
time the waiver request is filed.
C.
For employees who are enrolling during the calendar year, their annual
amount will be prorated based on the number of months remaining in
the year.
D.
An employee who has waived coverage may resume coverage at open enrollment
or if they experience a life event (marriage, divorce, death, etc.)
that would trigger an option to change insurance coverage.
E.
At the Township's discretion, an enrolled employee may be asked
to annually reaffirm their outside coverage to verify their eligibility
for a waiver payment.
A.
Pursuant to N.J.S.A. 40A:10-17.1, a waiver that has been continuously
filed before May 21, 2010, has a maximum annual payment of 50% of
the Township's savings or $5,000, whichever is less.
B.
Pursuant to N.J.S.A. 40A:10-17.1, a waiver that has been filed on
or after May 21, 2010, has a maximum annual payment of 25% of the
Township's savings or $5,000, whichever is less.
A.
The Township's savings will be determined by utilizing the Township's
contribution premium for the appropriate tier of coverage (family,
single, etc.) being waived by the employee. The employee's expected
annual contribution will be subtracted from the annual premium, yielding
an annual savings amount for the Township.
