There are times when life changes unexpectedly. And when it does, those changes may occur outside of your company’s annual open enrollment period. To accommodate the unexpected, special enrollment periods ensure you always receive needed health insurance coverage during qualifying life events.
If you experience a qualifying life event (QLE), you have 60 days to change your insurance plan. Depending on the qualifying event, you may have a special enrollment window that begins 60 days before the event and continues for 60 days after the event.
In most cases, the coverage will be effective the first of the following month if you enroll by the 15th of the month. But there are different effective date rules for marriage, birth or adoption of a child, and loss of other coverage.
Your employer will also grant you a special enrollment period with a qualifying life event (QLE). Check with your HR department for details and required carrier documentation.
When you experience a qualifying life event (QLE), you have the opportunity to add or change coverage for yourself or additional family members. These qualifying events allow you to sign up for a new health insurance plan or change an existing health insurance plan outside the normal Open Enrollment Period.
Qualifying life events typically include, but are not limited to:
HR managers are well prepared to address the questions from employees needing to change or update their insurance plan elections when an employee is experiencing a qualifying life event.