What is the difference between opting out and waiving benefits?
According to the OEBB definition, the only difference between opting-out and waiving benefits is whether a financial incentive is received. Opting-out of coverage is when an employee decides not to enroll in an OEBB medical plan and receives a financial incentive for doing so. You must have other group medical coverage for yourself and your eligible dependents if you choose to opt out of the OEBB medical coverage. Waiving coverage is when an employee decides they do not want benefits and they do Not receive any financial incentive. However, please check with your district or educational entity to obtain further information of these options and requirements as they may vary. Please note: if you do not enroll yourself or any eligible dependent for dental or vision coverages when it is initially available and then elect to add coverage or a previously eligible dependent during a future open enrollment period, there will be a 12 month waiting period for all services other than preventive a
