Scheduled Life Events

Assign opportunity for elections to a defined population using predefined scheduled event types.

The following table describes the two predefined scheduled event types and provides examples.

Type

Description

Examples

Open enrollment

Scheduled period when enrollment is open to participants for reevaluation and election of benefits, typically on a recurring basis.

  • Annual health and welfare benefits enrollment

  • Quarterly savings plan enrollment

Administrative

Assign opportunity for elections when the terms and conditions of an offering change significantly and participants must be allowed to reevaluate their elections.

Also helpful for initial data upload during implementation.

  • Renegotiation of contract rates

  • Addition of a new benefit