Usually, the annual open enrollment period each spring is the only time you can make changes to most of your insurance plans, such as health, dental and vision. However, you can make changes if you experience some major life events, such as:
- Marriage or divorce
- Birth or adoption
- Gain or loss of coverage
These are known as qualifying events. With any qualifying event, you have 30 days from the date of the event to change your coverage and submit any necessary documentation. Any changes will be effective as of the date of your qualifying event. If you need a Certificate of Coverage, which outlines the full details of your insurance plan, please call our HR Benefits office at 859-257-9519, option 3.
These qualifying events are the only times you may make changes to your insurance plans and coverage levels.
However, at any time you can:
- Update your life insurance or retirement savings beneficiaries
- Decrease your optional life insurance coverage
- Start, stop or change your Health Savings Account contributions
- Start, stop or change voluntary retirement savings contributions