(A) Premiums for hospitalization insurance and medical payment insurance shall be paid by the village on behalf of all full-time village employees and their families subject to any rules, regulations, procedures, terms or conditions established by the village or the insurance provider, self-insurance pool, or cooperative purchasing organization within which the village has chosen to participate. The sum necessary for the payment of these premiums shall be paid from the general funds of the village.
(B) The Village Manager is hereby authorized to make the premium payments above indicated on behalf of all full-time employees of the village. The premium is to be paid as an inducement for continued employment, and is in addition to any salary or other compensation paid or to be paid to any current or future full-time employee of the village.
(C) For any village employee prohibited from obtaining family plan coverage under the village's medical insurance, resulting from the employee's spouse having family plan insurance coverage that causes the village medical coverage plan to disallow enrollment of said village employee, the village shall establish and fund a Section 105 Health Reimbursement Arrangement (HRA) equal to the single employee insurance premium.
('69 Code, § 32.04) (Ord. C-174, passed 4-10-61; Am. Ord. 2003-18, passed 11-10-03; Am. Ord. 2004-04, passed 1-12-04; Am. Ord. 2011-06, passed 3-14-11)