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Any DOE people who don't use their benefits?
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dandj
Love of my life....
Member since 5/05 3687 total posts
Name:
Denise
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Any DOE people who don't use their benefits?
If you work for them and don't use their health benefits, how much do they reimburse you? After 6 years, I just realized I could get money for not taking the benefits... and I was wondering how much it is.
Thanks
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Posted 6/4/10 8:08 AM  |
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kgs11
LIF Adult
Member since 2/07 1424 total posts
Name:
Kim
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Re: Any DOE people who don't use their benefits?
i dont think we can get reimbursed for not using them. i looked into it 3 years ago when i got married. although, the answer you get may depend on your payroll secretary!
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| Posted 6/4/10 4:43 PM |
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nicrae
He's here!
Member since 12/06 9289 total posts
Name:
Mommy
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Re: Any DOE people who don't use their benefits?
Posted by kgs11
i dont think we can get reimbursed for not using them. i looked into it 3 years ago when i got married. although, the answer you get may depend on your payroll secretary!
You have to fill out paperwork and send it into the DOE. Each year there is a deadline. I think this past deadline was sometime in November.
It is called a buyout waiver.
Health Benefits Buy-Out Waiver Program
The New York City Heath Benefits Buy-out Waiver Program allows eligible City employees to receive an incentive payment for waiving their New York City Employee Health Benefits Program coverage. If you are eligible to enroll in the New York City Employee Health Benefits Program, and are covered under their spouse's or domestic partner's non-City group health insurance, or through other employment, or under Medicare Part A and Part B, you may enroll in the Heath Benefits Buy-out Waiver Program. You may only enroll in the Health Benefits Buy-Out Waiver Program at specified times and under specific conditions:
* Within 31 days of becoming eligible for health benefits coverage;
* During the annual Open Enrollment transfer period; or
* As a result of a qualifying event.
The incentive payment is distributed in two equal, semiannual payments, as part of the first June paycheck and the first December paycheck. A prorated payment is given if you enroll in the Heath Benefits Buy-out Waiver Program less than six months prior to a scheduled incentive payment.
http://schools.nyc.gov/Offices/DHR/HealthBenefitsLeavesAbsenceSafety/Enrollment+and+Provider+Information.htm
Message edited 6/4/2010 6:09:12 PM.
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| Posted 6/4/10 6:02 PM |
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Sweetlax22
LIF Adult
Member since 5/10 1904 total posts
Name:
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Re: Any DOE people who don't use their benefits?
If your spouse also works for the city you do not get the reibursment even if you are on their plan.....blah
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| Posted 6/4/10 7:20 PM |
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kgs11
LIF Adult
Member since 2/07 1424 total posts
Name:
Kim
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Re: Any DOE people who don't use their benefits?
Posted by Sweetlax22
If your spouse also works for the city you do not get the reibursment even if you are on their plan.....blah
ahhhh.... yes no "double dipping"
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| Posted 6/4/10 10:24 PM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: Any DOE people who don't use their benefits?
It just makes sense for employers to do it.
My SD offers 35% of our premium.
otherwise they have to pay 86% for it - they save close to 10K offering a buyback.
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| Posted 6/5/10 9:08 AM |
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