Fla. Admin. Code Ann. R. 60P-10.005 - Payment of Premiums
(1) Premiums are
due one month in advance of each month of coverage and shall be paid as
follows:
(a) For employees on payroll,
premiums shall be payroll deducted;
(b) For employees off payroll, premiums shall
be paid monthly by personal check or money order and forwarded to the
supplemental company.
(2)
Double payroll deductions shall be made for an employee on an academic contract
or who is regularly employed for less than twelve (12) months. However, double
deductions shall not be made for an employee who is paid monthly or applies for
a change in coverage. No deduction shall be taken on a supplemental
payroll.
(3) Employee premiums
shall not be accepted for coverage beyond the end of the month following the
month in which the employee terminates employment.
Notes
Specific Authority 110.123(5) FS. Law Implemented 110.123 FS.
New 8-22-96, Repromulgated 1-31-02.
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