2024b ABC Board Minutes - Laserfiche WebLink

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Orange County ABC Board Policy and Procedure Manual Health Insurance A group health insurance plan is offered to all regular full-time employees effective on the first day of the month subsequent to date of hire with the Orange County ABC Board. Group health insurance is provided without charge for the employee only. Dependent coverage is available and must be paid through payroll deductions. The board will contribute $100 to dependent coverage. Dependent coverage is not automatic; employees must ensure the application is properly completed and submitted to the Human Resources. The employee is also responsible for requesting changes of dependents resulting from marriage, divorce, adoption, new born babies, dependents not covered because of age requirements, etc. Post-Employment Health Care Benefits All full-time employees hired prior to March 18, 2008 have been employed by the Board for fifteen (15) years, may be eligible to continue to receive Board group health insurance coverage after their retirement until the employee reaches the age of 65, and may be eligible for Medicare Supplement Insurance paid by the ABC Board thereafter upon reaching the age of 65. In order to be eligible for such continued coverage and Medicare Supplement, the retiree must retire from the Orange County ABC Board satisfying all the requirements dictated by the North Carolina Local Government Employees' Retirement System, and the retiree must not be eligible, nor become eligible for health insurance coverage under another health insurance plan. Upon becoming eligible for health insurance coverage under a different plan, the employee's ABC Board and Medicare Supplement coverage paid by the ABC Board will be terminated. The retiree must demonstrate his/her eligibility for coverage under the Orange County ABC Board's group health insurance plan and Medicare Supplement coverage in order to receive this benefit. Employees Fired after March 18, 2008 but prior to December 31, 2021 To be eligible for retiree healthcare benefits, employees must meet certain conditions: ➢ Must retire from the Orange County ABC Board having satisfied all of the requirements of the Local Government Employees Retirement System (LGERS). ➢ Must have at least 20 "completed years" of full-time service. Must be at least the age of 55 upon retirement Must apply for Board health care benefits prior to retirement. Health insurance reimbursement benefits are not automatic. The board provides reimbursement for personal health care expenses only if retirees enroll in a health insurance plan of their choice. To qualify for reimbursement, retirees must sign up for a healthcare plan and submit their bill and provide proof of coverage to the Human Resources by June 30th or December 31 Si to receive the annual reimbursement below. Annual maximum amount ➢ $4,000 Annually ➢ $40,000 Max The Accounts payable/Admin will be responsible for: Reimbursing the retiree once a year on either June 301h or December 315t ➢ Accounting for all transactions between the Board and the retiree. 4-6 10/22/2024