Page 7 - 2024 Employee Benefits Guide
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Changing your pre-tax benefit elections
Medical, dental and cancer plan premiums, as well as flexible spending
account (FSA) contributions are deducted on a pre-tax basis. You may
make a change to these benefits during the plan year if you experience
an event which results in a qualifying change in status. Without a
qualifying event, you may only change these benefits during annual
open enrollment.
You must initiate and complete your benefit election change in Workday
within 31 days of the qualifying event date and your election change
must be consistent with the qualifying event reason. Note: when ending
coverage, the coverage and premiums will end on the last day of the
calendar month in which you submit the change in Workday.
Federal law considers the following events to be examples of a qualifying
change in status:
› You get married or divorced
› You give birth to or adopt a child
› Your spouse and/or child commences or terminates employment
› You and/or your spouse take(s) an unpaid leave of absence
› You, your spouse, or your child has a significant change in health
coverage directly attributable to employment
› A dependent satisfies or ceases to satisfy the dependent
eligibility requirements
› Your spouse and/or child passes away
Changing your post-tax benefit elections
The changes you can make to your post-tax elections depend on the
benefit plan. For the supplemental life plan, you may request a change
to your election at any time. New enrollments and increase requests will
go through appropriate medical underwriting with the benefit vendor.
For the identity theft protection plan, you may request to change your
coverage level at any time. For the supplemental long-term disability
plan, you may cancel your election at any time. Contact HRBenefits to
request these types of changes.
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