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HomeMy Public PortalAboutResolution 1991-12-06 Concerning Health Insurance Benefits of Employees of Town of Fraser TOWN OF FRASER RESOLUTION NO./..,7 A RESOLUTION CONCERNING HEALTH INSURANCE BENEFITS OF EMPLOYEES OF THE TOWN OF FRASER. WHEREAS, The Town of Fraser, recognizes the need to set forth for all full time employees certain benefits of their employment, and WHEREAS, the Board of Trustees have deemed that a health insurance plan is a benefit to be provided to the full time employees of the Town, NOW THEREFORE BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER THAT THE FOLLOWING POLICY IS SET FORTH AND IS TO BE MADE AVAILABLE TO ALL FULL TIME EMPLOYEES OF THE TOWN OF FRASER, COLORADO. SECTION 1. HEALTH INSURANCE BENEFIT The Town of Fraser believes that a health insurance plan is an important benefit to be provided to the employees of the Town. Any employee employed by the Town to work forty hours or more per week may be eligible to participate in the health insurance plan provided by the Town, provided that they otherwise qualify for such coverage under the terms of said plan. SECTION 2. HEALTH INSURANCE PLAN The Town may provide to the employees of the Town a health insurance plan. The Town may elect to change policies, scope of insurance coverage, change premium contributions and eligibility at any time when deemed to be in the best interest of the Town. SECTION 3. PLAN FOR PRESENT EMPLOYEES For eligible employees employed by the Town prior to January 1, 1992 the Town shall pay one hundred (100) percent of the employee premium as an individual. If the employee has a spouse and /or dependent children, the Town shall pay one hundred (100) percent of the total family benefit for those employees. SECTION A. FUTURE EMPLOYEES Eligible employees hired after January 1, 1992, shall be provided health insurance by the following guidelines; a, 1. The Town will pay one hundred (100) percent of the employee premium if the employee is single and has no dependents. 2. If the employee has a spouse and /or dependent children, the Town will pay one hundred (100) percent of the employee benefit and sixty (60) percent of the premium of the spouse /dependent children benefit during the first year of employment, provided that the employee agrees to pay the balance of the spouse /dependent children premium. 3. For each consecutive year of employment completed by the employee, the Town shall increase the Town share of the spouse /dependent children premium by ten-(10) percent per year as long as the employee agrees to pay the balance of the premium due. In the fifth year of consecutive employment the Town shall pay one hundred (100) percent of employee and spouse /dependent children insurance premium. SECTION 5. POLICY CHANGES The Town Board may change the policy announced in this Resolution at any time without prior notice by any appropriate means, including a resolution that provides that none of the policy set forth here is to be applicable in the future. The Board of Trustees may decide at any time to discontinue the health insurance plan benefit for existing as well as future employees of the Town. SECTION 6. EFFECTIVE DATE This Resolution shall become effective on January 1, 1992. DULY MOVED, SECONDED AN APPROVED Y THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, THIS DAY OF 199L. TOWN OF FRA R 1. BY: ANIL Ma ATTEST: r t T•. fierk SEAL Votes in Favor Votes opposed O Page 2