(a) The Village will pay on a monthly basis, ninety percent (90%) of the premium for hospitalization and major medical coverage for all full time employees in accordance with for the Village's Insurance carrier. The Village has complete discretion to change plans or carriers at any time. The remaining ten percent (10%) of the premium cost for health insurance shall be paid by wage withholding from the employee's pay on a bi-weekly basis.
(b) Those employees who obtain alternative health insurance shall receive one thousand two hundred dollars ($1,200.00) paid in equal monthly instalments from the Village of Sebring as an incentive to obtain such insurance. Those employees must provide an insurance card establishing the coverage is in place.
(c) Each full time employee shall be entitled to reimbursement for eye, dental care expenses for the employee or his/her family as the same is defined in the Village's Medical Insurance Plan up to a maximum of four hundred dollars ($400.00) each calendar year. Any unused portion of this allowance may be accumulated up to an amount of six hundred dollars ($600.00).
(Ord. 57-2020. Passed 11-23-20.)