Common use of Waiver of Health Coverage Clause in Contracts

Waiver of Health Coverage. Faculty members who can document that they have coverage under another health plan will have the option of waiving health coverage provided by Central State University. In exchange for such waiver, a Bargaining Unit member who waives single coverage will receive a monthly credit of $150.00 cash in the paycheck. In exchange for such a waiver, a Bargaining Unit member who waives family coverage will receive a monthly credit of $150.00 cash in the paycheck. The waiver option becomes effective the month following the disenrollment by the Bargaining Unit member.

Waiver of Health Coverage. Faculty members who can document that they have coverage under another health plan will have the option of waiving health coverage provided by Central State University. In exchange for such waiver, a Bargaining Unit member who waives single coverage will receive a monthly credit of $150.00 50.00 cash in the paycheck. In exchange for such a waiver, a Bargaining Unit member who waives family coverage will receive a monthly credit of $150.00 100.00 cash in the paycheck. The waiver option becomes effective the month following the disenrollment by the Bargaining Unit member.