Section 7 – Opt-Out Sample Clauses

Section 7 – Opt-Out. The Hospital will offer an opt-out payment in the amount of $100 5 per month, subject to applicable taxes and withholdings, for employees who voluntarily 6 choose to opt-out of the Hospital-provided medical/dental/vision insurance plan and who 7 meet the following conditions. To be entitled to receive the opt out payment, the eligible 8 employee must notify the Hospital in writing on the benefits enrollment form of their 9 decision to opt-out during the open enrollment period for the Hospital provided 10 medical/dental/vision insurance plan. In addition, before the close of the open 11 enrollment period, the eligible employee must provide the Hospital with information in 12 writing certifying that the employee and the employee’s spouse and dependents have 13 valid health insurance coverage.
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