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Human Resources Changes in Your Life
What happens when you marry? Health Plan (Medical / Dental) Review and compare your spouse's benefits with your own so that you can coordinate coverage to your best advantage. As a result of this review you may decide to cancel you Andrews University coverage or change from single coverage to a family plan. Life Insurance Plan Re-evaluate your Life Insurance coverage to be sure you have an appropriate level under the Plan to accommodate the change in your family responsibilities. Even if you have elected not to buy Supplemental Life Insurance, the University provides you with a Group Term Life Insurance at no cost to you. If you elect to buy or increase supplemental coverage at this time, you will not be required to provide any evidence of good health. Review your beneficiary election under the Plan. Flexible Spending Accounts Consider whether to participate in Medical/Dental or Dependent Care Flexible Spending Accounts, or if already participating, decide whether you need to change your contribution amount. You may want to increase your Medical/Dental Account contributions to pay your spouse's uncovered health and dental expenses with tax-free dollars. If you are gaining a dependent, because your spouse has a dependent child, you may want to begin a Dependent Care Account to pay for day care or other allowed expenses. Retirement Plan Review your investment elected under the Plan to make sure this reflects your new financial goals. Beneficiaries may be changed at any time. Be sure to make changes with the Human Resources within 30 days of your marriage. |
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