Page 4 - Busey Corporation 2022 Benefits Guide
P. 4
Enrollment and Eligibility
Enrollment and Eligibility Qualifying Life Status Events
It’s time to make some important decisions about A qualifying event is a change in your personal life
beneits for you and your family. In this guide, you which may impact your eligibility or dependent’s
have the opportunity to learn about your options eligibility for beneits.
for 2022 and make selections which best meet your
needs and the needs of your family members. Examples of some qualifying events include
the following:
Once elections are made, you are only able to ■ Change of legal marital status (e.g., marriage,
change your coverage during the 2022 plan year divorce, death of spouse, legal separation)
if you experience a qualifying life status event. If
you do experience a qualifying event, it is your ■ Change in number of dependents (e.g., birth,
responsibility to notify the Beneits Team within 30 adoption, death of dependent, ineligibility due
days of the event. Unfortunately, failure to notify the to age)
Beneits Team within 30 days prohibits your ability to ■ Change in employment or job status
change your beneit election(s).
Eligible Associates
You may enroll in the Busey insurance plan if you
are a full-time associate. New hires are eligible for
beneits the irst of the month following 30 days of
employment.
Dependent Eligibility
As you become eligible for beneits, so do your
eligible dependents. In general, eligible dependents
include your spouse, domestic partner/civil union
partner of same or opposite gender, and children
up to age 26. If your child is mentally or physically
disabled, coverage may continue beyond age 26
once proof of the ongoing disability is provided.
Children may include natural, adopted, and step-
children, as well as children obtained through court-
appointed legal guardianship.
Please Note—All full-time associates
must complete the online insurance
enrollment both upon hire and during
the annual open enrollment, through
UKG, in order to be covered by
Busey’s plans!
4
Enrollment and Eligibility Qualifying Life Status Events
It’s time to make some important decisions about A qualifying event is a change in your personal life
beneits for you and your family. In this guide, you which may impact your eligibility or dependent’s
have the opportunity to learn about your options eligibility for beneits.
for 2022 and make selections which best meet your
needs and the needs of your family members. Examples of some qualifying events include
the following:
Once elections are made, you are only able to ■ Change of legal marital status (e.g., marriage,
change your coverage during the 2022 plan year divorce, death of spouse, legal separation)
if you experience a qualifying life status event. If
you do experience a qualifying event, it is your ■ Change in number of dependents (e.g., birth,
responsibility to notify the Beneits Team within 30 adoption, death of dependent, ineligibility due
days of the event. Unfortunately, failure to notify the to age)
Beneits Team within 30 days prohibits your ability to ■ Change in employment or job status
change your beneit election(s).
Eligible Associates
You may enroll in the Busey insurance plan if you
are a full-time associate. New hires are eligible for
beneits the irst of the month following 30 days of
employment.
Dependent Eligibility
As you become eligible for beneits, so do your
eligible dependents. In general, eligible dependents
include your spouse, domestic partner/civil union
partner of same or opposite gender, and children
up to age 26. If your child is mentally or physically
disabled, coverage may continue beyond age 26
once proof of the ongoing disability is provided.
Children may include natural, adopted, and step-
children, as well as children obtained through court-
appointed legal guardianship.
Please Note—All full-time associates
must complete the online insurance
enrollment both upon hire and during
the annual open enrollment, through
UKG, in order to be covered by
Busey’s plans!
4
