Common use of When Coverage May Be Canceled Clause in Contracts

When Coverage May Be Canceled. 1. An employee may cancel medical and/or dental coverage outside of open enrollment only in the case of certain life events that are consistent with the request to cancel coverage. The request to cancel coverage must be made within thirty (30) calendar days of the event. Life events include, but are not limited to: • loss of dependent status of a sole dependent; • death of a sole dependent; • divorce; • change in employment condition of an employee or spouse and • a significant change of insurance coverage for the employee’s spouse. Family medical or family dental coverage may also be canceled during the open enrollment period that applies to each type of plan for any reason. Cancellation will take effect on the first day of the following insurance contract year.

Appears in 22 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

When Coverage May Be Canceled. 1. An employee may cancel medical and/or dental coverage outside of open enrollment only in the case of certain life events that are consistent with the request to cancel coverage. The request to cancel coverage must be made within thirty (30) calendar days of the event. Life events include, but are not limited to: • loss of dependent status of a sole dependent; • death of a sole dependent; • divorce; • change in employment condition of an employee or spouse spouse; and • a significant change of insurance coverage for the employee’s spouse. Family medical or family dental coverage may also be canceled during the open enrollment period that applies to each type of plan for any reason. Cancellation will take effect on the first day of the following insurance contract year.

Appears in 8 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

When Coverage May Be Canceled. 1. An employee may cancel medical and/or dental coverage outside of open enrollment only in the case of certain life events that are consistent with the request to cancel coverage. The request to cancel coverage must be made within thirty (30) calendar days of the event. Life events include, but are not limited to: • loss of dependent status of a sole dependent; • death of a sole dependent; • divorce; • change in employment condition of an employee or spouse ; and • a significant change of insurance coverage for the employee’s spouse. Family medical or family dental coverage may also be canceled during the open enrollment period that applies to each type of plan for any reason. Cancellation will take effect on the first day of the following insurance contract year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!