How do I update our system to show that EOIs are required for certain coverage amounts?
To set up an Evidence of Insurability (EOI) rule on an existing plan:
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Go to the Benefits Setup Assistant > Manage Benefits > select the Disability or Life and AD&D coverage lines.
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Click the name of the plan you would like to update > Edit > Evidence of Insurability.
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Evidence of Insurability Configuration: answer the questions in order to determine the settings and requirements
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Select whether your plan has a guaranteed issue amount.
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If you have a guaranteed issue amount, select whether EOI requirements are different based on the employee's age
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If your EOI requirements are different based on the employee’s age, select the EOI age groups from the dropdown, or select Other to set up your own unique age group configuration.
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Answer the remaining EOI questions which will be asked per pay group.
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The initial EOI and update threshold amounts are asked for each age band, while the late threshold is only asked once and applies to all age groups
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Select whether the maximum amount before an EOI is required is a flat dollar amount or a multiple of the employee's salary.
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Enter the flat dollar amount or salary multiple.
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Select whether employees already enrolled in this coverage are allowed to increase their benefit without providing an EOI.
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If you select yes, enter the amount employees can increase by without additional documentation being required.
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Select what type of life event is required for an employee to qualify.
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Select whether employees who have declined coverage can enroll at a later date without providing an EOI for a certain threshold.
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If you select Always, employees will be required to submit an EOI for any amount
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If you select Above a certain amount, enter the amount above which an EOI is required
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Publish and Exit to save and finalize your changes.