403.2 Group Insurance Benefits

Code No. 403.2

GROUP INSURANCE BENEFITS

Health Insurance.  Consistent with federal guidelines and regulations, employees, their spouses and/or dependents may be allowed to purchase coverage of the District’s group health insurance program by meeting the requirements of the insurer. This policy statement does not guarantee a certain level of benefits.

The District will contribute an amount of money set each year by the Board of Directors to each full-time administrator, the Director of Business Services, the Board Secretary, and to the Administrative Assistant.  Each of these employees shall elect one of the District's group single insurance plans.  The balance of the money may be taken as salary or applied towards dependent insurance coverage.

The District will contribute each year to each other full-time employee, except temporary employees unless otherwise required by law, an amount towards health insurance or set by the Board annually.  Each employee shall then elect one of the District's group single insurance plans.  The balance of the money may then be taken as salary or applied towards dependent insurance coverage.

The District may contribute towards health insurance for employees working at least twenty but less than thirty hours per week, as determined by the Board and to the extent allowed by law.

If the health insurance benefits selected by the employee cost more than the District's contribution, the additional premiums shall be deducted from the employee's salary or wages.  The employee may elect to have this salary reduction on a pre-tax basis.

Life Insurance.  The District will provide group life insurance benefits to employees who work at least thirty (30) hours per week, except temporary employees, as follows:

• Administrators, Director of Business Services, Board Secretary, Administrative Assistant – two times the employee's regular annual salary
• Other full-time employees - $35,000

Long-Term Disability.  The District will provide group long-term disability coverage for employees who work at least thirty (30) hours per week, except temporary employees.

Plans.  The carriers, types of plans, contributions and level of benefits shall be determined by the Board of Directors.

DECORAH COMMUNITY SCHOOL BOARD OF DIRECTORS