Page 3 - 2017 FutureSteps
P. 3
Annual Open Enrollment
W&T Offshore, Inc. is committed to offering you a very competitive beneits To request a change during the year,
package. The employee beneits program Future Steps described in this you must notify Human Resources
booklet is designed to promote and maintain good health, help meet the cost within 30 days of the qualifying event
of illnesses and accidents, and help provide inancial security for employees listed above. Otherwise, you will be
and beneiciaries. Please note this is a summary of beneits and does not unable to change your election until
provide all details about the various beneit plans. Please contact Human the next annual enrollment period.
Resources at beneits@WTOffshore.com if you have any questions or
concerns. Examples of Mid-Year
Active Enrollment Qualifying Events
During open enrollment, you are required to log into the beneit portal and Birth of a child—you have 30 days
from the date of birth to enroll your
either choose coverage or decline coverage for all beneits offered. You are newly eligible dependent. If you do
able to make other beneit changes including adding or dropping dependents, not enroll the child within 30 days,
adding coverage if you are not currently on the plan, and dropping coverage. you will have to wait until the next
All changes will go into effect on January 1, 2017. You will be locked into open enrollment to add him/her to
these elections until next year’s annual enrollment period unless you have a your coverage.
qualiied family status change, such as the following.
Marriage, divorce, or legal separation Divorce—you have 30 days from
Birth or adoption of a child the date of your divorce to enroll
in W&T’s coverage. Even though
Death of a spouse or child it may take a few months for the
You or 1 of your covered dependent(s) gains or loses other beneits divorce decree to arrive in the mail,
coverage due to employment status please remember the qualifying
event is the date of the divorce at
which the deadline is calculated.
Loss of coverage—if you are
currently on your spouses plan or
if you have a dependent that is
covered under another plan, and
that coverage is involuntarily lost
(you didn’t cancel the coverage),
you have 30 days from the date
of termination to enroll in W&T’s
coverage. If you do not enroll within
the 30 day timeline, you will have to
wait until the next open enrollment to
elect coverage.
3
W&T Offshore, Inc. is committed to offering you a very competitive beneits To request a change during the year,
package. The employee beneits program Future Steps described in this you must notify Human Resources
booklet is designed to promote and maintain good health, help meet the cost within 30 days of the qualifying event
of illnesses and accidents, and help provide inancial security for employees listed above. Otherwise, you will be
and beneiciaries. Please note this is a summary of beneits and does not unable to change your election until
provide all details about the various beneit plans. Please contact Human the next annual enrollment period.
Resources at beneits@WTOffshore.com if you have any questions or
concerns. Examples of Mid-Year
Active Enrollment Qualifying Events
During open enrollment, you are required to log into the beneit portal and Birth of a child—you have 30 days
from the date of birth to enroll your
either choose coverage or decline coverage for all beneits offered. You are newly eligible dependent. If you do
able to make other beneit changes including adding or dropping dependents, not enroll the child within 30 days,
adding coverage if you are not currently on the plan, and dropping coverage. you will have to wait until the next
All changes will go into effect on January 1, 2017. You will be locked into open enrollment to add him/her to
these elections until next year’s annual enrollment period unless you have a your coverage.
qualiied family status change, such as the following.
Marriage, divorce, or legal separation Divorce—you have 30 days from
Birth or adoption of a child the date of your divorce to enroll
in W&T’s coverage. Even though
Death of a spouse or child it may take a few months for the
You or 1 of your covered dependent(s) gains or loses other beneits divorce decree to arrive in the mail,
coverage due to employment status please remember the qualifying
event is the date of the divorce at
which the deadline is calculated.
Loss of coverage—if you are
currently on your spouses plan or
if you have a dependent that is
covered under another plan, and
that coverage is involuntarily lost
(you didn’t cancel the coverage),
you have 30 days from the date
of termination to enroll in W&T’s
coverage. If you do not enroll within
the 30 day timeline, you will have to
wait until the next open enrollment to
elect coverage.
3
