If you cancel coverage and later return to work, you may not apply for reinstatement of coverage for at least 12 months. Upon your return to work, you may enroll only during the option enrollment period and would be subject to the late entrant provisions. If you return to pay status in a temporary position, you are unable to contribute to this plan. You must file all claims within 90 days of the end of the plan year for the expenses incurred during that plan year. Retirement contributions resume with active pay status.
Some employees choose to resign rather than accept layoff status.
Coverage is canceled upon termination. You pay the premium. C overage is canceled upon termination. You may convert to a personal policy within 60 days of termination by paying the actuarial value of the premium. This means you forfeit any funds which can not be claimed for medical expenses, incurred during employment.