The Daily Bulletin Archive

NYSHIP will continue to offer the Opt-Out Program in 2017 to CSEA, NYSCOPBA, PEF, PBANYS, UUP, and MC employees. This program allows eligible employees who have other employer-sponsored group health insurance to opt out of their NYSHIP coverage in exchange for an incentive payment. The incentive payment is $1,000 for opting out of individual coverage or $3,000 for opting out of family coverage on an annual basis. 

If you are enrolled in NYSHIP and wish to participate in the Opt-Out Program for 2017, you must complete and return the NYS Health Insurance Transaction Form and the Opt-Out Attestation Form to Cleveland Hall 410 by Friday, December 16, along with a copy of your health insurance card.

If you currently participate in the Opt-Out Program, you must re-enroll for 2017. If you do not make the election for 2017, your enrollment in the Opt-Out Program will end and the incentive payment credited to your paycheck will stop. You must elect the Opt-Out Program each year.

The complete Opt-Out Program description, including eligibility requirements and enrollment forms, is available on the Human Resource Management website.

Please call the Employee Benefits Office at 878-4821 with questions or for additional information.