Page 7 - 2022 SoFi - Temp Intern Benefit Guide
P. 7

Frequently Asked


            Questions






                       1               No, you do not need to change it with the Benefits Department. However, you must update
                                       it in Workday.

                 I recently moved.     As long as you update it in Workday, it will automatically forward on to all of the health
                                       insurance companies. Please allow 7 to 10 business days for the carriers to update their
              Do I  need to change my   systems of your new address.
              address with Benefits for    Important: If enrolled in the Cigna Home Pharmacy Delivery, you will need to update your
                  my insurance?
                                       home address directly with Cigna. You may reach Cigna Home Pharmacy at 800-338-4015.



                       2               Once the new hire or Open Enrollment period closes you are not able to make changes


               What if I want to cancel   outside the next Open Enrollment.
               or make changes to my   The only exception is for IRS allowed Qualifying Life Events, noted on page 8.
                 insurance  plans?




                                       No, you must add your newborn to your coverage within 30 days of birth. Please make this
                      3                change online through Workday.
                                       Instructions are available on the Workday Benefits  Mall. Select Workday Benefits
              We are expecting a baby    Enrollment & How to Request Changes, and then select Birth, Adoption & Placement of
              this year. Is my newborn   Adoption Benefit Event Guide.
              enrolled automatically?  If you need further assistance with completing a life event, please email the Benefits
                                       Helpline at benefits@sofi.org.


                                       You many enroll a new eligible dependent mid-year through an IRS Qualifying Life Event or
                      4                through Open Enrollment. Below are a few examples.
                                       •  For your new spouse: The day you marry is your qualifying event date. Your spouse’s

              I have a new dependent.    effective date of coverage will be the first of the month following the submission of your
                                         changes and valid documentation within Workday.
              When may I enroll my new   •  For your newborn child: The birth date of your newborn child.
                  family member?
                                       •  For your adopted child: The date you or your spouse have the legal right to control the
                                         child’s health care or when the adoption is final.




                                                                                                               7
   2   3   4   5   6   7   8   9   10   11   12