IQVIA Benefits Handbook
ENROLLING DURING OPEN ENROLLMENT
You need to enroll each year if you want to participate in a flexible spending account (FSA). If you don't enroll, participation in the FSA will end. See the Flexible Spending Accounts (FSAs) section for more information.
Each year during the fall, IQVIA holds open enrollment. During this period, you can change your options and/or level of coverage for the coming plan year. Elections made during open enrollment take effect on the following January 1 and remain in effect through December 31 of that same year.
Generally, with the exception of the flexible spending accounts, health savings account (HSA) and commuter benefits your current elections automatically renew if you don't change them during open enrollment unless IQVIA holds a mandatory open enrollment period. You should always review any open enrollment communications you receive to ensure your coverage will continue or if enrollment is required.
It is important that you review the options available to you along with any changes that may have been made to the plans so that you can choose the option that best meets your needs. After you enroll, you'll have the option to save or print your confirmation statement to ensure it accurately shows the elections you made. You may not change your elections during the year unless you experience a life status change.