Benefits Coverage Ends

Which applies to you?

Leaving the Company

If you are leaving the Company (voluntary or involuntary), your coverage generally ends on your separation date, with COBRA available.

• Medical, Dental, Vision, and EAP — coverage ends on your last day, and a COBRA kit is mailed to you automatically.
• Life and AD&D Insurance — also ends that day; you have 30 days to port or convert to an individual policy.
• 401(k) — stays invested unless you request a distribution or rollover.
• Health Savings Account (HSA) — funds remain yours to use.
• Flexible Spending Account (FSA) — expenses incurred before separation can be reimbursed if submitted by March 31 of the following year.

See more about Leaving the Company.

Retiring

If you are retiring, your coverage generally ends on your separation date, with COBRA available, but Medicare rules apply.

• If you’re already Medicare-eligible, COBRA can run until your qualifying period ends, but it becomes secondary to Medicare, so you’ll need Part A and Part B in place to avoid gaps.
• EAP ends 30 days after retirement unless you enroll in COBRA medical.
• Once you’re on Medicare, HSA contributions stop, but existing funds stay usable tax-free.
• Your 401(k) distribution kit arrives within 30–60 days.

Learn more about Retirement Transition.

Change to benefits ineligible status

If you are moving to a benefits-ineligible status (e.g., reduced hours), your coverage continues through month-end, then Affordable Care Act (ACA) coverage picks up automatically.

• Current medical, dental, and vision coverage runs through the end of the month.
• After that, you’re automatically enrolled in ACA coverage at your same plan and tier — no action needed.
  
  • You have 14 days to drop it if you don’t want it; otherwise, it continues through year-end.
• EAP continues up to 3 months under ACA or COBRA.
• Life insurance and AD&D end on your status-change date, with 31 days to convert.
• 401(k) participation is unaffected.

Learn more about when you lose benefits eligibility.

Benefit-by-benefit comparison

Learn more about your benefits at separation.

What is COBRA

COBRA gives you the option to keep your health coverage for a limited time after it would normally end, such as when you leave a job, lose eligibility, or experience certain life events. It allows you to stay on your employer’s plan by paying the full cost of the coverage yourself, plus an administrative fee. COBRA helps bridge the gap, so you don’t go without insurance while you transition to new coverage.

Who to contact

See the list below and associated contacts on the right side of the screen to contact benefit vendors:

• Benefits Support — LSC Benefits Center
• 401(k) Savings Plan — Empower Retirement
• HSA, FSA, and Commuter Benefit — HealthEquity
• Life & AD&D Insurance, Accident Insurance, Critical Illness, and Hospital Indemnity — MetLife
• Disability — The Hartford
• EAP — Carelon