Insurance Who is eligible for insurance coverage? In order to be eligible for insurance coverage the following criteria must be met: eligible to participate in the university retirement system, paid salary through local university payroll or the state comptroller, hired to work at least half-time or 50% (18.75 hours per week). Can an employee waive insurance coverage? Any full-time employee eligible for insurance coverage may, with proof of other comprehensive health coverage, elect to OPT OUT of the Program. Members who opt out will not be enrolled in health, dental or vision coverage through