With Benefits Plus, when you terminate an employee who has been assigned to a group benefits plan, Humi will be notified and will terminate the employee on the insurance carrier portal for you.
There will be one additional field to complete for the employee called Extension of Benefits.
What is an Extension of Benefits?
An extension of benefits is an optional tool that allows you to request an extension on an employee’s coverage beyond their termination date. This can be useful in situations such as improved severance packages, pre-negotiated termination packages, or any other unique circumstances where the employer wants to provide additional benefits to the employee after their employment has ended.
Note
If an Extension of Benefits is requested, your Benefits Experience Manager will reach out to you to confirm further details to submit the request to the insurance carrier for you.