Page 4 - 2017 Benefits Enrollment Busey
P. 4
2017 BENEFITS ENROLLMENT
Enrollment and Eligibility
Enrollment and Qualifying Life Status Events
Eligibility A qualifying event is a change in your personal life, which may impact
It’s time to make some your eligibility or dependent’s eligibility for beneits.
important decisions about Examples of some qualifying events include the following:
beneits for you and your
family. In this guide, you have Change of legal marital status (i.e., marriage, divorce, death of
the opportunity to learn about spouse, legal separation)
your options for 2017 and make Change in number of dependents (i.e., birth, adoption, death of
selections which best meet your dependent, ineligibility due to age)
needs and the needs of your Change in employment or job status
family members.
Eligible Associates
Once elections are made, you
are only able to change your You may enroll in the First Busey Corporation insurance plan if you are a
coverage during the 2017 regular full-time associate who is actively working a minimum of 30 hours
plan year if you experience a per week.
qualiied life status change. If Dependent Eligibility
you do experience a qualifying
event, it is your responsibility As you become eligible for beneits, so do your eligible dependents. In
to notify Human Resources general, eligible dependents include your spouse, domestic partner/civil
within 30 days of the event. union partner of same or opposite gender, and children up to age 26.
Unfortunately, failure to notify If your child is mentally or physically disabled, coverage may continue
Human Resources within 30 beyond age 26 once proof of the ongoing disability is provided. Children
days prohibits your ability to may include natural, adopted, and step-children, as well as children
change your beneit election(s). obtained through court-appointed legal guardianship.
4 FIRST BUSEY CORPORATION
Enrollment and Eligibility
Enrollment and Qualifying Life Status Events
Eligibility A qualifying event is a change in your personal life, which may impact
It’s time to make some your eligibility or dependent’s eligibility for beneits.
important decisions about Examples of some qualifying events include the following:
beneits for you and your
family. In this guide, you have Change of legal marital status (i.e., marriage, divorce, death of
the opportunity to learn about spouse, legal separation)
your options for 2017 and make Change in number of dependents (i.e., birth, adoption, death of
selections which best meet your dependent, ineligibility due to age)
needs and the needs of your Change in employment or job status
family members.
Eligible Associates
Once elections are made, you
are only able to change your You may enroll in the First Busey Corporation insurance plan if you are a
coverage during the 2017 regular full-time associate who is actively working a minimum of 30 hours
plan year if you experience a per week.
qualiied life status change. If Dependent Eligibility
you do experience a qualifying
event, it is your responsibility As you become eligible for beneits, so do your eligible dependents. In
to notify Human Resources general, eligible dependents include your spouse, domestic partner/civil
within 30 days of the event. union partner of same or opposite gender, and children up to age 26.
Unfortunately, failure to notify If your child is mentally or physically disabled, coverage may continue
Human Resources within 30 beyond age 26 once proof of the ongoing disability is provided. Children
days prohibits your ability to may include natural, adopted, and step-children, as well as children
change your beneit election(s). obtained through court-appointed legal guardianship.
4 FIRST BUSEY CORPORATION
