Any
Township employee, receiving health care benefits under the Township's
current health care benefits plan, who is also eligible for other
health care coverage may waive coverage under the Township's
health care benefits plan by executing a written waiver of coverage
on forms prescribed by the Department of Administration and filed
with the Township.
If
coverage was waived prior to May 21, 2010, the Township shall continue
to pay to the employee the amount annually saved by the Township for
the relevant medical and/or dental health care benefit coverage waived,
not to exceed 35% of the annual premium of the COBRA rates, less administrative
fee, if the Township is self-insured, or 35% of the premium if the
Township contracts for fully-insured plans.
If
coverage is waived on or after May 21, 2010, the Township will pay
to the employee the amount annually saved by the Township for the
relevant medical and/or dental health care benefit coverage waived,
not to exceed 25% of the annual premium of the COBRA rates, less administrative
fee, if the Township is self-insured, or 25% of the premium if the
Township contracts for fully-insured plans, or $5,000, whichever is
less.
Any
Township employee who waives health care benefits coverage shall be
permitted to resume coverage under the same terms and conditions as
apply to initial coverage if the employee ceases to be covered through
the employee's spouse for any reason, including, but not limited
to, the retirement or death of the spouse or divorce.
Any
Township employee who resumes coverage shall repay, on a prorated
basis, any monies received from the Township which represent an advance
payment for a period of time during which coverage is resumed.
Any
Township employee who wishes to resume health care benefit coverage
shall file a declaration revoking the waiver in writing on forms prescribed
by the Department of Administration.
After revocation of a waiver, all payments to any Township employee
pursuant to this section shall cease concurrently with the effective
date of such employee's reenrollment in any Township health care
benefits plan.