Is the size of your ‘ohana growing?
From coordinating babysitters to watching them graduate, there’s never a dull occasion. But amid the first steps and loose teeth, there are the less-exciting moments – like adding them to your benefits plan. Let us help you through this process so you can get back to what’s really important.
Follow these 3 steps before adding your keiki to your plan:
1. Understand your current plan.
Does your plan accommodate dependents? If you have a single or two-party plan, you may have to switch to a family plan. Log in to learn more about your plan details.
2. Check eligibility.
As defined, a dependent is “a person who relies on another for financial support.” When it comes to insurance plans, dependent refers to a spouse, children under a certain age and family members with a disability. Check with your plan administrator for more details
Outside of open enrollment, children can be added to a plan 30 to 60 days after a qualifying life event, like birth or adoption.
3. Determine the costs.
Keep in mind: adding your little ones to your plan could potentially increase your rates and change your deductible and premium. If you’re covered through your job, you may notice a slight difference in your paycheck.
But don’t be deterred by a change in price! Investing in coverage and oral health now can save you and your ‘ohana money in the future.
Have any questions? We’re here to help!
