(a) The Village will enter into contracts from time to time with insurance carriers for group health insurance. The Council, in choosing the group health insurance policy or policies, will consider the extent of coverage as well as the cost of the policy.
(b) Council may require all regular or probationary full-time employees to enroll in the group and be covered by the group health insurance policy. In the event multiple group health insurance policies are available and selected by Council, an employee may enroll in only one group health insurance policy.
(c) Part-time employees who work an average of 30 hours per week, the Mayor, members of Council and the Clerk of Council may join and be covered by the group health insurance policy provided they pay all premium costs and the policy permits their enrollment.
(d) (1) Regular and probationary full-time employees shall pay 13.333% of the cost of the premium for their individual, employee and spouse or, employee and children, or family health insurance benefits incurred by the Village on their behalf, which 13.333% shall be withdrawn over the course of the year in equal amounts from the first two paychecks of each month.
(2) Regular or probationary full-time employees who are enrolled in the Village group health insurance are also eligible to take part in a Health Savings Account. For every $1 contributed to the Health Savings Account by employees who choose to establish a Health Savings Account the Village will contribute $9. The Village's obligation to contribute into an employee's Health Savings Account will end when a total of $1,440 for employees with single coverage and $2,880 for employees with spouse, children or family coverage has been deposited by the Village in any year.
(3) Employees over the age of 65 are not eligible to deposit contributions or have contributions deposited on their behalf in a Health Insurance Savings Account. In lieu of that the Village will assist such full-time employees over 65 with the deductible portion of their health insurance coverage by reimbursing the employee for 50% of the first $560 of annual medical expenses as they are incurred for those with single coverage and the first $1,120 of medical expenses for those with spouse, children or family coverage and will reimburse the employee for 100% of medical expenses between $560 and $1,440 for those with single coverage and between $1,120 and $2,880 for those with spouse, children or family coverage. "Medical expenses" are defined as those which qualify as deductible payments under the Village-provided health insurance plan then in effect.
(Ord. 97-39. Passed 10-2-97; Ord. 97-40. Passed 4-2-98; Ord. 05-34. Passed 8-11-05; Ord. 06-18. Passed 4-6-06; Ord. 06-59. Passed 1-11-07; Ord. 09-62. Passed 12-10-09; Ord. 12-57. Passed 11-13-12; Ord. 18-15. Passed 2-13-18.)