Common use of Obtaining Declinations or Waivers of Coverage Clause in Contracts

Obtaining Declinations or Waivers of Coverage. All eligible Employees will be offered health benefits coverage during the initial and subsequent enrollment periods. If an Employee elects to decline or waive coverage, the Employer is responsible for obtaining the Employee's signed acknowledgment of receipt of an explicit written notice in bold type specifying that failure to elect coverage during the Open Enrollment Period permits Blue Shield to impose an exclusion from coverage for a period of 12 months or at the Employer’s next Open Enrollment Period, whichever is earlier, if the Employee later decides to elect coverage.