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15. When can I make changes in my benefits plans?
Subject:
Benefits You can make changes in benefit plans during the open enrollment period. The open enrollment period is usually in the fall, with changes being effective January 1 of the next year (with the exception of life insurance increases, which are effective the first of the month following approval by Standard Insurance Company.)
You can also make changes if you experience a "Qualified Family Status Change." Those status changes include (but are not limited to): birth of a baby, adoption, marriage, divorce, death of a dependent, and/or spouse gaining or losing employment. Additional information is provided in your benefits packet. You may download the update forms through the following links: Medical and Dental Update Form, Life and Disability Update Form and FSA Update Form. In most cases, forms must be completed within 60 days of the status change if you wish to make changes. Keep in mind, however, that coverage will usually be effective the first of the month following the date of event and the date the forms are submitted to Employee Benefits, so you will want to consider the timining regarding when you want the coverage to go into effect.
Changes in Designation of Beneficiary can be made at any time.
