If you miss your open enrollment deadline, you could lose coverage and be unable to make benefits changes or enroll until the next enrollment period. One exception to this rule is if you experience a life-changing qualifying event that would trigger a special enrollment period (SEP). Events such as getting married or divorced, having children or losing eligibility for other health coverage can trigger special enrollment rights. Additionally, if you missed your employer’s enrollment deadline, there are a few other options for trying to obtain health insurance, including:
Contract your HR representative if you missed the open enrollment deadline and think you might qualify for a SEP.
There have been shifts in the path to parenthood as many people turn to in vitro fertilization, surrogacy and egg freezing to build their families. As such, employers are responding to these modes of family-building with expanded and inclusive benefits.
Family-building benefits can support many different forms, but some of the most common including fertility treatment, donors and adoption. Family-building benefits can also include holistic support, such as emotional and mental health resources, as you build your family. Consider the following steps to better understand family-building benefits:
Talk to HR if you have questions about available family-building benefits.
Investing in a health savings account (HSA) is a rapidly growing trend. An HSA is a tax-exempt savings account used to pay for qualified out-of-pocket medical expenses of an individual, their spouse and dependents.
One of the most attractive features of an HSA is that these funds grow through the accrual of tax-free interest. Here are some other basics of an HSA:
Insurance services provided by CoverEase Insurance Services, LLC and its licensed agents and affiliates. The information contained within these materials are confidential and not to be distributed. Descriptions are general in nature only. Please refer to the terms and conditions of policies offered or purchased. Insurance products are subject to application and underwriting requirements. Pricing depends on a variety of factors including policyholder location. Not all discounts available in all states. Not all products available in all states. Use of and access to this information, site or any of the links contained within this site does not create a relationship between the user and CoverEase. © 2022 CoverEase, Inc. All Rights Reserved.