Can employees still waive coverage if not covered under another program?
Employees may waive coverage, but they will have to pay the penalty for not having coverage unless they can’t afford the employee share of the premium (more than 8% of their adjusted gross income) and qualify for the individual responsibility exemption. Otherwise, they’ll have to obtain coverage through a spouse, through the exchange or in the individual market.
Related Questions
- Currently, MSU employees who waive MSU health plan coverage and are covered by another employer receive a waiver payment of up to $600. Will they continue to get this opt out payment?
- Can employees waive medical coverage for themselves or their dependents if they are covered by the Department of Social and Health Services (DSHS) medical coupons?
- Can employees still waive coverage if not covered under another program?
