Can coverage be dropped throughout the plan year?
Unless restricted due to participation in an Internal Revenue Code Section 125 cafeteria plan, an employee can drop employee-only coverage or drop dependent coverage. The change will be effective the first of the following month. If coverage is dropped, the individual will not be eligible to re-enroll in TRS-ActiveCare until the next annual enrollment period and preexisting limitations may apply.
Related Questions
- I purchased a Medicare Part D plan with coverage during the Doughnut Hole, so I guess I am protected throughout the year, right?
- I waived the Student Health Insurance Plan coverage for this term/year. Can I be seen at Harvard University Health Services?
- Can optional life coverage for me or dependent life coverage for my spouse or child be dropped during the Plan year?