Health Insurance Opt-Out Open Enrollment - January 1, 2023
Health Insurance Opt-Out Program
The Health Insurance Opt-Out Program is an opportunity for current health insurance subscribers to opt-out of their Andover plan and in lieu of participation, employees would receive 12 monthly payments equal to 25% of the total annual premium cost of their enrolled plan*. Attached is additional information.
To be eligible, employees must have been an active employee of the Town of Andover covered by one of its health insurance plans for at least the last six months preceding your enrollment in thisand must provide documentation of alternate comparable health insurance plan coverage from another source effective January 1, 2023. Proof of alternate coverage must be submitted along with the Health Insurance Opt-Out Election form (attached).
*Opt-out payments are for a one-year term and will end December 31, 2023 for those opting out January 1, 2023.
DEADLINE TO OPT-OUT is NOVEMBER 18, 2022, 12:00 NOON