An employee cannot choose an effective or start date for group plans.
Typically employee benefits are provided consistently to all employees. Effective dates are determined using an employee’s hire date and the group’s waiting period. Once enrolled no changes can be made until the group’s Open Enrollment period.
The exception to the open enrollment is a Qualifying Life Event. Even then, the effective date will be based on the event, as noted by supporting documentation.
Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.