Employees who are eligible for medical/dental insurance and have other non-CSU group coverage can elect to waive CSU coverage in exchange for a monthly cash payment:
Medical and Dental: $140.00
Medical only: $128.00
Dental only: $12.00
Must certify that you have alternative non-CSU group medical and/or dental coverage.
Must provide proof of other non-CSU group coverage.
Dependents on another CSU employee plan are not eligible.
FlexCash payment is treated as taxable income and is subject to payroll taxes.
Eligible employees have 60 calendar days commencing with their appointment date to enroll in the FlexCash plan.
Note: Under the Federal Patient Protection and Affordable Care Act (ACA), the IRS has prohibited employers from offering cash to employees who choose to waive employer-sponsored medical coverage and enroll in "individual" medical coverage. Employees who are enrolled in individual medical coverage, such as Tricare, Medicare, Medi-Cal and Covered California, or those who participate in a "health-care sharing" program are not eligible to receive cash in lieu of other medical coverage even if the coverage provides minimum value. These requirements do not apply to dental coverage.