Common use of Minimum Participation Requirement Clause in Contracts

Minimum Participation Requirement. The minimum participation requirement is 75% of Eligible Employees and their Dependents, excluding valid waivers, but no less than 50% of all Eligible Employees/Dependents must be enrolled for coverage under this Participation Agreement. For this purpose, a waiver is valid when it is for group or individual coverage that provides major medical coverage

Minimum Participation Requirement. The minimum participation requirement for the Participating Employer is 75% of Eligible Employees and their Dependents, Dependents excluding valid spousal waivers, but no less than 50% of all Eligible Employees/Dependents must be enrolled for coverage under this Participation Agreement. For this purpose, a waiver is valid when it is for group or individual coverage that provides major medical coverage.