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HomeMy WebLinkAbout20072458.tiff AGREEMENT FOR CONTINUATION OF HEALTH INSURANCE FOR FORMER WELD COUNTY EMPLOYEE OR ELECTED OFFICIAL WHO IS NOW DRAWING BENEFITS FROM THE WELD COUNTY RETIREMENT PLAN THIS AGREEMENT is_entered into this 2? ( day of Jai I , 01 , by and between Su I ' Fr i a , Sin , whose address is y 64 2 )-9 wit 3ci ,, 1 gait'hereinafter referred to as "Retiree," and the Board of County Commissioners o lWeld County, Colorado, whose address is P.O. Box 758, 915 10th Street, Greeley, CO 80632, hereinafter referred to as "Board." WITNESSETH: WHEREAS, Retiree: a. retired from employment with Weld County on or after December 16, 1998, after at least 10 years of service, or was an elected official of Weld County, Colorado, for at least one full four-year term, and b. has attained the age of 55 years, and c. is now drawing benefits from the Weld County Retirement Plan, and WHEREAS, on the date of his or her retirement or end of office, Retiree and his/her dependent(s) (if any) was (were) enrolled and in good standing with Weld County's health insurance program, and WHEREAS, Retiree wishes to continue his/her health insurance and his/her dependent(s)' (if any) health insurance through Weld County's health insurance program pursuant to the terms and conditions set forth in this Agreement. NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein, and in consideration of Retiree's service to Weld County for the past ten years, or as an elected official for at least one full four-year term, the parties hereto agree as follows: 1. CONTINUED HEALTH INSURANCE FOR RETIREE: Conditioned upon Retiree's prompt payment of the monthly health insurance premium as detailed in Paragraph 4., below, and non-cancellation of the Retiree's health insurance, Retiree shall be eligible for continued health insurance through Weld County's health insurance provider until Retiree attains the Normal Retirement Age for Social Security ("NRA"), or becomes eligible for health insurance coverage with another employer, or becomes eligible for Medicaid or Medicare coverage before attaining the NRA. Such continued health insurance shall be the same as that offered to regular, full-time, current employees of Weld County, through the same health insurance provider. Retiree acknowledges and agrees that the health insurance provider who is providing such continued health Page 1 of 5 Pages 2007-2458 Sat 4-014_ e- 7 M1, P, ell ' ogD7-0 7 insurance may change without Retiree's consent. 2. CONTINUED HEALTH INSURANCE FOR RETIREE'S DEPENDENT(S) (IF APPLICABLE): On the date of Retiree's retirement, he or she had p dependant(s) (hereinafter "Dependent(s)") enrolled in and in good standing with Weld County's health insurance program. Conditioned upon Retiree's prompt payment of the monthly health insurance premium on behalf of Dependent(s), as detailed in Paragraph 4., below, and non-cancellation of the Dependant(s)' health insurance, Dependent(s) shall be eligible for continued health insurance through Weld County's health insurance provider, until either of the following: 1) Retiree attains the NRA, or becomes eligible for health insurance coverage with another employer, or becomes eligible for Medicaid or Medicare coverage before attaining the NRA, or becomes otherwise ineligible; or 2) Dependent(s) lose(s) his or her (their) eligibility for continued health insurance by attaining the NRA, or becoming eligible for health insurance coverage with another employer, or becoming eligible for Medicaid or Medicare coverage before attaining the NRA. Such continued health insurance shall be the same as that offered to regular, full-time, current employees of Weld County, through the same health insurance provider. Retiree, on behalf of his/her Dependent(s), acknowledges and agrees that the health insurance provider who is providing such continued health insurance may change without Retiree's and his/her Dependent(s)' consent. Dependants of the Retiree who are not enrolled in and in good standing with Weld County's health insurance program as of the date of the signing of this Agreement are not eligible for continued health insurance as detailed herein. 3. DETERMINATION OF ELIGIBILITY: The determination of eligibility for the Retiree's and his/her Dependent(s) (if any) in the continued health insurance shall be by the Weld County Director of Personnel, with any appeal to the insurance carrier, who shall have final authority to make such determination. 4. COBRA RIGHTS: Retiree and his/her dependents(s) (if any) shall have the same rights under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) as do regular, fill-time, current employees of Weld County eligible for and participating in the County's regular health insurance program. An eligible Retiree, upon retirement has the choice between electing this Retiree coverage, if eligible, COBRA continuation coverage, or no additional coverage. If Retiree elects the Retiree coverage in accordance with this Agreement, such coverage ends the earliest of the date the Retiree attains the Normal Retirement Age for Social Security ("NRA"), or becomes eligible for health insurance coverage with another employer, or becomes eligible for Medicaid or Medicare coverage before attaining the NRA, or the date Retiree's contributions cease, whichever is earlier. If Retiree coverage under this Agreement is elected, COBRA continuation of benefits will not be available once the Retiree attains NRA, or becomes eligible for health insurance coverage with another employer, or becomes eligible for Medicaid or Medicare coverage before attaining the NRA, or the date Retiree's contributions cease under this plan, provided the Page 2 of 4 Pages Retiree has had health coverage for at least eighteen(18) months under this Retiree health coverage agreement. In other words, this Retiree coverage, if elected, runs concurrently with any COBRA coverage that is normally available under the County's health insurance plan at the time of termination of employment with Weld County. If the Retiree's coverage has been less than eighteen(18) months, the Retiree may be eligible to continue coverage for the balance of what would have been available if COBRA continuation coverage had been elected instead of the Retiree coverage. If coverage is continued for the balance, all provisions in the COBRA Continuation Option of the health plan will apply. If dependent coverage is also elected by a Retiree at the time of retirement, such Retiree dependent(s) coverage ends the earliest of the date the Retiree or dependent(s) attains the NRA, or becomes eligible for health insurance coverage with another employer, or becomes eligible for Medicaid or Medicare coverage before attaining the NRA, or the date Retiree's contributions cease, whichever is earlier. If Retiree coverage under this agreement is elected, COBRA continuation of benefits will not be available once the Retiree or dependent attains the NRA, or becomes eligible for health insurance coverage with another employer, or becomes eligible for Medicaid or Medicare coverage before attaining the NRA, or the date Retiree's contributions cease under this plan provided the dependent have had health coverage for at least thirty-six (36) months under this Retiree health coverage agreement. In other words, this dependent coverage, if elected, runs concurrently with any COBRA coverage that is normally available under this plan at the time of termination of employment with Weld County. If the dependent(s)' coverage has been less than thirty-six (36) months, the dependent(s) may be eligible to continue coverage for the balance of what would have been available if COBRA continuation coverage had been elected instead of the Retiree coverage. If coverage is continued for the balance, all provisions in the COBRA Continuation Option of the health plan will apply. 5. CONTINUED HEALTH INSURANCE PREMIUM: The premium Retiree shall pay, for his own continued health insurance coverage and for continued health insurance coverage for his or her Dependant(s) (if any), shall be the same as that paid on behalf of regular, full-time, current employees of Weld County. The County contribution paid for the Retiree's and his/her Dependent(s) (if any) shall also be the same as that paid on behalf of regular, full-time, current employees of Weld County. Retiree, on his own behalf and on behalf of his Dependent(s) (if any), acknowledges and agrees that premium rates may change without Retiree's and such Dependent(s)' consent. 6. RETIREE WORKING FOR WELD COUNTY IN LESS THAN FULL-TIME POSITION: The fact that Retiree may continue to work for Weld County in less than a full-time position does not make Retiree and his/her Dependent(s) (if any) ineligible for continued health insurance, if the requisites of eligibility set forth above are otherwise met. Page 3 of 5 Pages 7. TERM: The term of this Agreement is from the Retiree's date of retirement, to and until such time as Retiree and his/her Dependent(s) (if any) are no longer eligible for continued health insurance as detcimined by the terms of this Agreement. 8. NATURE OF AND AUTHORITY FOR CONTINUED HEALTH INSURANCE: The continued health insurance contemplated by this Agreement is being offered to Retiree and his/her Dependent(s) (if any) as a fully funded benefit in consideration of Retiree's service to Weld County over the course of the previous 10 years, or as an elected official for at least one full four-year term. The continued health insurance is not a part of or paid from the Weld County Retirement Plan, nor is it a defined benefit retirement plan pursuant to the provisions of Section 401(a) of the I.R.S. Code. 9. CERTIFICATION OF CONTINUED ELIGIBILITY: This program requires a recertification of eligibility by covered Retirees and their dependent(s) every six months (annual enrollment and July first of each year). Failure to complete and return the recertification by the deadline date on the recertification form or falsification of the recertification will result in the permanent loss of coverage under this Agreement for the Retiree and/or dependent(s). 10. SEVERABILITY: If any term or provision of this Agreement, or the application thereof to any person or circumstances shall, to any extent, be held invalid or unenforceable, the remainder of this Agreement, or the application of such terms or provisions, to a person or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected, and every other turn and provision of this Agreement shall be deemed valid and enforceable to the extent pumitted by law. 11. NO WAIVER OF IMMUNITY: No portion of this Agreement shall be deemed to constitute a waiver of any immunities the parties or their officers or employees may possess, nor shall any portion of this Agreement be deemed to have created a duty of care which did not previously exist with respect to any person not a party to this Agreement. 12. NO THIRD PARTY BENEFICIARY ENFORCEMENT: It is expressly understood and agreed that the enforcement of the terms and conditions of this Agreement, and all rights of action relating to such enforcement, shall be strictly reserved to the undersigned parties (including the Retiree's Dependent(s), if any) and nothing in this Agreement shall give or allow any claim or right of action whatsoever by any other person not included in this Agreement. It is the express intention of the undersigned parties that any entity other than the undersigned parties receiving services or benefits under this Agreement shall be an incidental beneficiary only. 13. MODIFICATION AND BREACH; APPLICABLE LAW; VENUE: This Agreement contains the entire agreement and understanding between the parties hereto and supersedes any other agreements concerning the subject matter of this transaction, whether oral or written. Modifications, amendments, notations, renewals, or other Page 4 of 4 Pages alterations of or to this Agreement shall only be deemed valid or of any force or effect whatsoever if mutually agreed upon in writing by the undersigned parties. No breach of any term, provision, or clause of this Agreement shall be deemed waived or excused, unless such waiver or consent shall be in writing and signed by the party claimed to have waived or consented. Any consent by any party hereto or waiver of; a breach by any other party, either expressed or implied, shall not constitute a consent to, waiver of or excess of any other different or subsequent breach. Applicable law in any dispute between the parties hereto with respect to the subject matter herein shall be the law of the State of Colorado. Venue for any litigation between the parties shall be in Weld County District Court. THE PARTIES HERETO HAVE SET THEIR SIGNATURES HERETO THE DATE ENTERED ABOVE. ATTEST: 'l �/�i l� BOARD OF COUNTY COMMISSIONERS CLERK TO THE BOARD O " „d1 �'S F WELD COUNTY, COLORADO COUNTY COMMISSIONE• '186! �j;�` 4O' BY: Sr' ft �. BY: Deputy Clerk to the Board/��'�'� David E. Long Chair 08/ /2007 NAME OF DEPENDENT(S): RETIREE: (Print Name of Dependent(s)) Signature,ofp Retiree ,,�. 11 v 6 1 J (Print Name of Retiree Page 5 of 5 Pages Hello