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§ 254.03 MEDICAL, HOSPITAL, PRESCRIPTION, LIFE, DENTAL, AND VISION INSURANCE FOR FULL TIME AND PART TIME CLASS A EMPLOYEES.
   (a)   Health insurance.
      (1)   The village shall pay 100% of the premium for full-time and part-time Class A employees to enroll in the village health insurance group plan, which is known as a "Qualifying High Deductible Health Plan."
      (2)   For each full-time and part-time Class A employee enrolled in the village's "Qualifying High Deductible Health Plan" with family coverage: the village shall contribute 50% of the IRS pretax limit, to a "Single Health Savings Account" (HAS).
      (3)   For full-time and part-time Class A employees on a "Qualifying High Deductible Health Plan" with single coverage: the village shall contribute 50% of the IRS pretax limit, to a "Single Health Savings Account" (HSA).
      (4)   Each full-time and part-time Class A employee who refuses village provided health insurance must show group coverage from another insurance carrier to opt out of the village plan. The village shall contribute $4,150 into the deferred compensation plan of an employee who properly opts out of the village provided health insurance.
   (b)   Dental and vision insurance.
      (1)   The village shall pay 100% of all full-time and part-time Class A employees' dental coverage premium.
      (2)   Full-time and part-time Class A employees shall be responsible for 100% of the vision insurance premium.
      (3)   Any full-time or part-time Class A employee not accepting village provided dental and vision insurance must show group coverage from another insurance carrier.
   (c)   Life insurance.
      (1)   The village shall contribute 100% of the premium for $25,000 of single life insurance coverage and $25,000 of accidental death and dismemberment (AD&D) insurance coverage for all full-time employees.
      (2)   Full-time employees on family plan health insurance may secure a family life insurance policy by paying the difference in premiums between the single person life insurance premium and the family life insurance policy premium.
      (3)   Part-time Class A employees shall not be entitled to any payment of premiums for life insurance or AD&D insurance.
(Ord. 3050, passed 12-19-16; Ord. 3098, passed - -18; Ord. 3172, passed 2-18-20; Ord. 3324, passed 12-18-23)