New York Codes, Rules and Regulations
Title 4 - DEPARTMENT OF CIVIL SERVICE
Chapter V - Regulations Of The Department Of Civil Service (president's Regulations)
Part 76 - Managerial/confidential Group Accident And Sickness Insurance Plan
Section 76.10 - Withdrawal from the plan

If an employer withdraws from the plan, it shall give notice of intention to withdraw to the president and to its covered employees at least 60 days in advance of the last date for which coverage will be provided. An employer who withdraws or is expelled from the plan shall not be eligible to rejoin the plan for one year following such withdrawal; provided, however, that upon the request of an employer who has withdrawn from the plan, the president may in his discretion and for good cause shown, reduce or waive such one-year waiting period.