CCM - County College of Morris
Human Resources - Health Benefit Premium Waiver
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Alert:
Due to the current heat wave and renovations taking place, all day and evening classes on the Randolph Campus are cancelled Wed. Sept. 1, Thurs. Sept. 2, and Friday, Sept. 3. Offices will remain open. Classes will resume as normal on Saturday, Sept. 4.
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Benefits
> Health Benefit Premium Waiver
Health Benefit Premium Waiver
Employees eligible for health coverage who are covered by another health plan are eligible to waive their health coverage at CCM. Those who elect to waive coverage will receive quarterly, taxable, cash stipends according to the level of coverage they waive. Coverage begins the first of the month following a 60 day waiting period from the date of hire. The
annual
stipends effective January 1, 2010 are as follows:
Employee Only coverage
$2,200
Parent & Child coverage
$3,000
Husband & Wife coverage
$4,900
Family Coverage
$5,500
Stipends are prorated and paid out at the end of each quarterly period selected.
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