The Daily Bulletin Archive

Effective January 1, 2012, NYSHIP will offer the Opt-Out Program to CSEA-represented, PEF-represented, and M/C employees. This program will allow 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.

If you are currently enrolled in NYSHIP and wish to participate in the Opt-Out Program, you must elect to opt out during the annual Option Transfer Period and attest to having other employer-sponsored group health insurance. You must complete and return the NYS Health Insurance Transaction Form and the 2012 Opt-Out Attestation Form to Cleveland Hall 410 by Friday, December 30, 2011. If you enroll in the program and you are eligible for dental and vision coverage under the state plan, your eligibility for dental and vision coverage will not be affected.  

The complete Opt-Out Program description, including eligibility requirements and enrollment forms, is available in Cleveland Hall 410 or on the Human Resource Management website.

Please call Human Resource Management at ext. 4821 with questions or for additional information.