If you, your spouse/domestic partner and/or dependent children become eligible for Medicaid coverage, you may, within 62 days of the eligibility date, drop your current health/dental/vision coverage or remove covered dependents. You may also make changes to your flexible spending accounts.
If you, your spouse/domestic partner and/or dependent children lose eligibility for Medicaid coverage, you may within 62 days of the loss of eligibility, enroll in or add health/dental/vision coverage for yourself, your spouse/domestic partner and any dependent children who may be losing coverage. You may also enroll in or make changes to the flexible spending accounts.
Changes to your health/dental/vision coverage and flexible spending accounts due to either becoming eligible for or losing eligibility for Medicaid coverage will be effective as of the date of the change in eligibility.
In addition to making changes to your health/dental/vision coverage and/or flexible spending accounts when there is a loss of outside coverage, you should also:
- Review and consider making changes to your health savings account elections.
- Review and consider updating your optional life insurance and AD&D elections (employee, spouse/domestic partner and/or child). If you elect to increase or enroll in employee and/or spouse/domestic partner life insurance, MetLife may require a Statement of Health (also referred to as evidence of insurability).
- Review your current life insurance, health savings account and Retirement Savings Plan (403(b)) beneficiary designations and make any necessary updates. Your life insurance beneficiary can be changed through Workday. Your health savings account beneficiary can be changed by logging onto your Optum Financial account. Retirement Savings Plan (403(b)) beneficiaries must be updated through your account at TIAA. Note: if you are married, the Retirement Savings Plan requires that your spouse be listed as your primary beneficiary unless this right is waived by your spouse.
You can make changes online through Workday. Please reference the Change Benefit Election tutorial for help. Important: You will not be able to make changes to your benefits until the required documentation has been uploaded into Workday. This event must be completed within 31 days of the date of the event.
Note
Changes to your health savings account, optional life insurance (employee, spouse/domestic partner and child) and retirement medical savings account coverage may be made at any time.
Required Documentation
You will need to upload a copy of the letter/documentation (scan or legible picture) showing the gain or loss of Medicaid eligibility to the Workday Change Benefit Elections page before making any benefit changes.