You might need to create waive options so that employees can waive coverage while still meeting the requirement to make an election.
To create waive options, you must create a waived plan for each appropriate type (for example, “Waive Medical”, “Waive Dental”, “Waive Vision”) and then set up waive options under these plans. Ensure that you select the Waived Option checkbox for waive options.
Important: Don’t attach these plans to a carrier and don’t create waive options for other plans that are attached to carriers. Creating waive options under the carrier plans result in the failure of the Dayforce Link export files, requiring reconfiguration of the waive options.
In Benefits Setup > Plans and Options, for each plan type, you must configure certain fields to ensure that the waive option behaves as expected.
| Plan Option Type | Fields to Set |
|---|---|
|
Health |
In the General tab, select the Waived Option and No Cost checkboxes. |
|
Life and Disability |
In the General tab, select the Waived Option checkbox. In the Rates tab, ensure that any effective rates have a value of 0 or remove all rates. In the Coverage tab, select Flat Amount in the Coverage Based On drop-down list, and then enter 0 in the Flat Amount field. |
|
Reimbursement |
In the General tab, select the Waived Option checkbox. |
|
Retirement |
In the General tab, select the Waived Option checkbox. In the Contribution tab:
|