OPT OUT OF MEDICAL COVERAGE
(Effective date: July 1, 2002)
Employees who elect not to participate in the Highmark Blue Cross/Blue Shield Medical Plan offered through Allegheny College will receive $41.67 per month as an opt out benefit payment which will be treated as ordinary taxable income.
In order to be eligible for this benefit payment, proof of other coverage must be provided to the Office of Human Resources. One of the following documents will satisfy as proof of coverage: 1) a letter from the insurance carrier, 2) a letter from the other employer, or 3) a copy of the insurance card.