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Appendix H
FEDVIP Qualifying Life Events

RI 70-14 Federal Deposit Insurance Corporation Employees



A qualifying life event (QLE) is an event that allows you to enroll, or if you are already enrolled, allows you to change your enrollment outside of an Open Season.

The following chart lists the QLEs and the enrollment actions you may take.

Qualifying Life Event From Not Enrolled to Enrolled INCREASE: Enrollment Type DECREASE: Enrollment Type Cancel CHANGE: from One Plan to Another
Acquiring an eligible family member No Yes No No No
Losing a convered family member No No Yes No No
Losing other dental/vision coverage (eligible or covered person) Yes Yes No No No
Moving out of regional plan's service area No No No No Yes
Return to pay status from active military duty Yes No No No No
Annuity/compensation restores Yes Yes Yes No No

The time frame for requesting a QLE change is from 31 days before to 60 days after the event. There are two exceptions:

  • There is no time limit for a change based on moving from a regional plan's service area, and
  • You cannot request a new enrollment based on a QLE before the QLE occurs. You must make the change no later than 60 days after the event.

Generally, enrollments and enrollment changes made based on a QLE are effective on the first day of the pay period following the one in which BENEFEDS receives and confirms the enrollment or change. BENEFEDS will send you confirmation of your new coverage effective date. BENEFEDS is a secure enrollment website sponsored by OPM.

Cancelling an enrollment

You can cancel your enrollment only during the annual Open Season or upon deployment to active military duty. An eligible family member's coverage also ends upon the effective date of the cancellation.

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