HR Fast Facts: Why Must Employees Provide a Reason for Waiving Medical Coverage?
December 8, 2022
Topic:
Employees who choose to decline one or more lines of coverage offered by a company for themselves or their dependents must sign a waiver and provide a reason for declining.
The waiver that the employee will be required to sign can include the following:
- Name
- Social Security number
- Employment date
- Who the employee is waiving coverage for, and why
- Confirmation that the only way for employees to enroll themselves or a dependent prior to the company's next open enrollment period (up to 12 months) is through a qualifying life event
Get clarity with our HR compliance survival guide.
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