It is important that all changes in earnings are reported to GroupHEALTH within 31 days of the change taking effect.
A change in earnings may affect the level of benefit for some of your employees’ benefits, including Life Insurance and Disability Insurances. If a salary change occurs and is not reported, and a Life or Disability claim should occur, the benefit level could be held to the employee’s last reported earnings.
Now is a great time to review your employee data
Take the time to review your current employee data to ensure that all earnings are accurate. You can easily review the annual earnings on your billing statement or on the Employee screen in
WEBS. If you want your GroupHEALTH representative can also provide you with a salary spreadsheet to review.
If you have changes to make, contact your GroupHEALTH Representative who can help to import the salary information directly into WEBS.