EMPLOYEE BENEFITS DIVISION
OPT-OUT PROGRAM ATTESTATION FORM
PS-409 (11/15)
EMPLOYEE INFORMATION
Name
Social Security Number
Negotiating Unit
Street Address
City
State
Zip
Date of Birth
Telephone Numbers
Agency Name and Address
Home (
)
Work (
)
Marital Status
Married
Divorced
Marital Status Date
Separated
Single
Widowed
NYSHIP HEALTH BENEFITS OPT-OUT ELECTION
You must attest to having other employer-sponsored group health insurance to be eligible for the Opt-out Program. Other
employer-sponsored group health coverage cannot be:
•
The result of your or your spouse’s, domestic partner’s or parent’s employment relationship with NYS, or
•
The result of your own employment with a NYSHIP Participating Agency (PA) or Participating Employer (PE)
If you are eligible to Opt-out, please check one:
I have other coverage as a dependent
I have other coverage through my own employment
My other coverage is not NYSHIP coverage. I am
electing to Opt-out of Individual coverage in
exchange for a $1,000 taxable payment ($38.47 over
My other coverage is not NYSHIP coverage. I am
26 biweekly paychecks).
electing to Opt-out of Individual coverage in exchange
for a $1,000 taxable payment ($38.47 over 26 biweekly
My other coverage is not NYSHIP coverage. I am
paychecks).
electing to Opt-out of Family coverage in exchange
for a $3,000 taxable payment ($115.39 over 26
biweekly paychecks).
My other coverage is NYSHIP through an employer
My other coverage is not NYSHIP coverage. I am
other than New York State. I understand that I am
electing to Opt-out of Family coverage in exchange for
only eligible to Opt-out of Individual coverage in
a $3,000 taxable payment ($115.39 over 26 biweekly
exchange for a $1,000 taxable payment ($38.47 over
paychecks).
26 biweekly paychecks).
Other employer-sponsored group health insurance information must be provided as indicated below:
Name of covered employee ____________________________________
Covered employee’s Date of Birth ______________
Covered employee’s SSN
_________________________
Name of covered employee’s employer
___________________________________________________
Effective date of other group health insurance coverage
___________________________________________________
Name and Address of alternate health insurance coverage
___________________________________________________
(You must provide either a copy of your health insurance card or a letter from your employer or other health insurance provider confirming current coverage).
ATTESTATION
I have read the Opt-out Program materials and instructions and I attest to the following:
•
I meet the qualifications to elect the Health Insurance Opt-out Program.
•
I understand that I must promptly report changes that may impact my eligibility or payment amount (e.g., loss of other
employer-sponsored coverage, divorce, death, last dependent loses eligibility for NYSHIP coverage) If I fail to do so, I am
responsible for any Opt-out Program payments made to me in error. I understand that Opt-out Program payments made to
me in error may be recovered as special deductions of up to $200 from my biweekly paycheck.
•
I understand that I may choose to opt out of Family coverage only if I have NYSHIP eligible dependents and I am not
enrolled in NYSHIP as a dependent or enrollee through NYS or another NYSHIP employer, and that I must provide proof of
my dependent’s eligibility when enrolling each year.
•
I understand that this election is for only one plan year. I must submit the PS-404 and PS-409 again during the next Option
Transfer Period if I am eligible and choose to continue in the Opt-out Program.
Employee’s Signature (Required) ________________________________
Signature Date (Required) ______________
HBA’s Signature (Required) ________________________________
Signature Date (Required) ______________