Common use of Waiver of Health Insurance Coverage Clause in Contracts

Waiver of Health Insurance Coverage. Employees who are eligible to participate in the Foundation’s health insurance plans are entitled to waive their right to enroll and to participate in such plan, and may do so by submitting a signed “Waiver of Health Insurance Benefits Form,” which may be obtained from the Foundation’s Office of Human Resources. Full-time employees who are eligible for individual health insurance coverage shall receive $1000 for any year for which they waive such coverage. Full-time employees who are eligible for Parent & Child, Couple or Family health insurance coverage shall receive $1500 for any year for which they waive such coverage. Part-time A employees who are eligible for individual health insurance coverage shall receive $1000 for any year in which they waive such coverage. The foregoing amounts will be pro-rated if they are for less than the full calendar year. In order to waive a health insurance benefit, the employee must show proof of such health insurance benefit coverage elsewhere, in the manner and with the type of proof required by the waiver form. Eligible employees who waive coverage and later choose to participate in the health insurance plan may do so only during the next scheduled open enrollment period, unless a “qualifying event” (e.g., marriage, domestic partner registration, divorce, birth or adoption of a child) occurs. Employees who enroll for health insurance coverage as a result of a “qualifying event” shall no longer be eligible for the waiver benefit for that plan year. Employees must re-apply for the waiver during each open enrollment period.

Waiver of Health Insurance Coverage. Employees who are eligible to participate in the Foundation’s health insurance plans are entitled to waive their right to enroll and to participate in such plan, and may do so by submitting a signed “Waiver of Health Insurance Benefits Form,” which may be obtained from the Foundation’s Office of Human ResourcesClient Services. Full-time employees who are eligible for individual health insurance insur- ance coverage shall receive $1000 for any year for which they waive such coverage. Full-time employees who are eligible for Parent & Child, Couple or Family health insurance coverage shall receive $1500 for any year for which they waive such coverage. Part-time A employees who are eligible for individual health insurance coverage shall receive $1000 for any year in which they waive such coverage. The foregoing amounts will be pro-rated if they are for less than the full calendar year. In order to waive a health insurance benefit, the employee must show proof of such health insurance benefit coverage cov- erage elsewhere, in the manner and with the type of proof required by the waiver form. Eligible employees who waive coverage and later choose to participate par- ticipate in the health insurance plan may do so only during the next scheduled open enrollment period, unless a “qualifying event” (e.g., marriage, domestic partner registration, divorce, birth or adoption of a child) occurs. Employees who enroll for health insurance coverage as a result of a “qualifying event” shall no longer be eligible for the waiver benefit for that plan year. Employees must re-apply for the waiver during each open enrollment period.