Health Benefits Buy-Out Waiver

If you are covered under a health insurance plan through other than the City of New York employer or through your spouse's health plan, you may waive your City health insurance and receive a cash incentive.

Once enrolled in the Health Benefits Buy-Out Waiver Program, you will receive your cash incentive payments in two taxable installments each year, one in June and the other in December.

The annual incentive payments are:

• $1,000 for waiving family coverage
• $500 for waiving individual coverage

Payments for the Health Benefits Buy-Out Waiver Program are included in your taxable wages in Box 1 of your W-2.

To enroll or to learn more, visit the Office of Labor Relations.