Page 5 - 2015 First Busey Enrollment Guide
P. 5
First Busey Corporation
Enrollment and Eligibility Enrollment and
It’s time to make some important decisions about beneits for you and
your family. In this guide, you have the opportunity to learn about your Eligibility
options for 2015 and make selections which best meet your needs and
the needs of your family members.
Once elections are made, you will not be able to change your coverage
for the 2015 plan year until the next open enrollment unless you
experience a qualiied life status change. If you experience a qualifying
event, it is your responsibility to notify Human Resources within 30
days of the event. Failure to notify Human Resources within 30 days
will prohibit your ability to change your beneit election(s).
Qualifying life status events
A qualifying event is a change in your personal life, which may impact
your eligibility or dependent’s eligibility for beneits.
Examples of some qualifying events include the following:
X Change of legal marital status (i.e., marriage, divorce, death of
spouse, legal separation)
X Change in number of dependents (i.e., birth, adoption, death of
dependent, ineligibility due to age)
X Change in employment or job status
Eligible associates
You may enroll in the First Busey Corporation Beneits Plan if you are
a regular full-time associate who is actively working a minimum of 30
hours per week.
Dependent eligibility
As you become eligible for beneits, so do your eligible dependents.
In general, eligible dependents include your spouse 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.
5
Enrollment and Eligibility Enrollment and
It’s time to make some important decisions about beneits for you and
your family. In this guide, you have the opportunity to learn about your Eligibility
options for 2015 and make selections which best meet your needs and
the needs of your family members.
Once elections are made, you will not be able to change your coverage
for the 2015 plan year until the next open enrollment unless you
experience a qualiied life status change. If you experience a qualifying
event, it is your responsibility to notify Human Resources within 30
days of the event. Failure to notify Human Resources within 30 days
will prohibit your ability to change your beneit election(s).
Qualifying life status events
A qualifying event is a change in your personal life, which may impact
your eligibility or dependent’s eligibility for beneits.
Examples of some qualifying events include the following:
X Change of legal marital status (i.e., marriage, divorce, death of
spouse, legal separation)
X Change in number of dependents (i.e., birth, adoption, death of
dependent, ineligibility due to age)
X Change in employment or job status
Eligible associates
You may enroll in the First Busey Corporation Beneits Plan if you are
a regular full-time associate who is actively working a minimum of 30
hours per week.
Dependent eligibility
As you become eligible for beneits, so do your eligible dependents.
In general, eligible dependents include your spouse 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.
5
