Cash Option – CoBen
CASH OPTION (CoBen)
If you have qualifying group health or health and dental coverage through another source, such as your spouse, you may opt to receive cash in lieu of both your state-sponsored health and dental coverage or for your state-sponsored health coverage only. The cash option is designed to expand your benefit options, not limit or decrease important health and/or dental coverage for you and your family.
For more information on the program and eligibility please contact your department’s personnel office.