Can a participating employer opt to waive the waiting period for MIT coverage for a particular employee or group of employees?

Thursday, October 24, 2019

No. Each participating employer must select one waiting period that will apply to all of its employees. Current choices are: 1st day of the calendar month following date of hire, or either 30 or 60 days of employment; but in all events by the 91st day after hire. A participating employer cannot agree to waive the waiting period for an employee or group of employees. Such a waiver could subject the participating employer or the employee to taxation or penalties. Such a waiver also may be considered by MIT to be a breach of the Participating Employer Agreement, causing the loss of the participating employer’s eligibility to participate in MIT.

Note that there are certain special situations where waiting periods may be waived, with MIT approval. These special waivers are generally limited to the date the participating employer first joins the Plan and acquisitions by a participating employer of another business.