Page 4 - Busey 2020 Benefits Guide
P. 4
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 important your eligibility or dependent’s eligibility for beneits.
decisions about beneits for you
and your family. In this guide, Examples of some qualifying events include the following:
you have the opportunity to learn Change of legal marital status (e.g., marriage, divorce, death of
about your options for 2020 and spouse, legal separation)
make selections which best meet Change in number of dependents (e.g., birth, adoption, death of
your needs and the needs of your dependent, ineligibility due to age)
family members.
Change in employment or job status
Once elections are made, you are Eligible Associates
only able to change your coverage
during the 2020 plan year if you You may enroll in the Busey insurance plan if you are a full-time
experience a qualifying life status associate. New hires are eligible for beneits the irst of the month
event. If you do experience following 30 days of employment.
a qualifying event, it is your
responsibility to notify Human Dependent Eligibility
Resources within 30 days of the As you become eligible for beneits, so do your eligible dependents. In
event. Unfortunately, failure to general, eligible dependents include your spouse, domestic partner/civil
notify Human Resources within union partner of same or opposite gender, and children up to age 26.
30 days prohibits your ability to If your child is mentally or physically disabled, coverage may continue
change your beneit election(s). 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 Benefits Enrollment both upon hire and
during the annual open enrollment, through UltiPro,
in order to be covered by Busey’s plans!
4 2020 Benefits Guide
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 important your eligibility or dependent’s eligibility for beneits.
decisions about beneits for you
and your family. In this guide, Examples of some qualifying events include the following:
you have the opportunity to learn Change of legal marital status (e.g., marriage, divorce, death of
about your options for 2020 and spouse, legal separation)
make selections which best meet Change in number of dependents (e.g., birth, adoption, death of
your needs and the needs of your dependent, ineligibility due to age)
family members.
Change in employment or job status
Once elections are made, you are Eligible Associates
only able to change your coverage
during the 2020 plan year if you You may enroll in the Busey insurance plan if you are a full-time
experience a qualifying life status associate. New hires are eligible for beneits the irst of the month
event. If you do experience following 30 days of employment.
a qualifying event, it is your
responsibility to notify Human Dependent Eligibility
Resources within 30 days of the As you become eligible for beneits, so do your eligible dependents. In
event. Unfortunately, failure to general, eligible dependents include your spouse, domestic partner/civil
notify Human Resources within union partner of same or opposite gender, and children up to age 26.
30 days prohibits your ability to If your child is mentally or physically disabled, coverage may continue
change your beneit election(s). 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 Benefits Enrollment both upon hire and
during the annual open enrollment, through UltiPro,
in order to be covered by Busey’s plans!
4 2020 Benefits Guide
