Benefits Open Enrollment
Your annual opportunity to completely customize your benefits for the year ahead.
Decision time: April 29 - May 15 Changes take effect: July 1, 2020 to June 30, 2021
If you experience a major life change outside of open enrollment you can also make changes to your insurance. This is known as a qualifying event.
Open enrollment is your once-a-year opportunity to make certain benefits changes.
It’s the only time all employees can change health insurance, re-enroll in flexible spending accounts, and add more coverage from our benefits package. That’s three decisions — only if you want to make them.
If you take no action, no problem:
- You’ll keep the same insurances
- No money will be deposited into your flexible spending account if you have one
Decision 1: Do you want to change or add any insurance?
The cost of insurance typically changes every year and the new rates take effect on July 1. You get this news during open enrollment so you can use it to inform your decisions. This year, we're pleased to announce no increases to your monthly health insurance costs.
Decision 2: Do you want to add or re-enroll in a flexible spending account?
Set aside money tax free to pay for certain items you expect to purchase.
Decision 3: Do you want to add more coverage from your benefits package?
Unless you have a qualifying event, you can only add and change most of these benefits during open enrollment. However, you can decrease life insurance at any time.
Partial salary while you’re away, including for childbirth
Extra coverage on top of what we already offer you
Insurance for worst-case accidents
Access to legal advice and representation
Insurance for cancer and 29 diseases, plus a $100 wellness rebate