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Why is Health Coverage important
to have?
Health coverage protects you from health and financial risks.
No
one plans to get sick or hurt, but most people need medical care at
some point. Health insurance covers these costs and offers many
other important benefits.
Health insurance
protects you from unexpected, high medical costs.
You
pay less for covered in-network health care,even before
you meet your
deductible.
You get
free preventive care,like vaccines, screenings, and
check-ups, even before you meet your deductible.
Make Changes during the Year
(Qualified Life Events)
The Internal Revenue Service (IRS) states that eligible team
members may only make elections to the plan once a year at open
enrollment.
Unless you have a qualified change in status, you cannot make
changes to the benefits you elected until the next open enrollment
period. The following qualified changes in status include:
Marriage;
Divorce;
Birth or adoption of a child;
Change in child’s dependent status;
Death of spouse; child or other qualified dependent;
Change in residence due to an employment transfer for you
or your spouse;
Commencement or termination of adoption proceedings, or
Change in spouse’s benefits or employment status.
If any of the above-listed qualified changes occurs, you must inform
the Benefits Department within
30 days of the event
to avoid lapse
in coverage. If you have a qualifying life event, gather supporting
documentation of the life event and contact the Benefits
Department.