Your eligibility for Capital One’s Health and Welfare plans is based on your employment status. Your Health and Welfare benefits include medical, dental, vision, and life insurance and AD&PL as well as supplemental disability plans, purchased time off, flexible spending accounts (FSAs), and the health savings account (HSA).
All eligible associates, must enroll in benefits within 31 days of date of hire. Purchased time off is only available during Open Enrollment and is not available in the calendar year of hire/rehire.
Note: Contractors (e.g., leased employees, independent contractors, and other workers who are not classified as employees by Capital One), temporary associates, interns, and similar categories of workers are not eligible for Capital One benefits, such as health and welfare, retirement, and leave and time off benefits.
A complete listing of eligibility for all benefit programs can be found on Pulse.
Benefits eligibility is determined based on the amount of standard hours you work per week. Standard hours are the number of hours associates are scheduled to work per week, as maintained in Workday. Standard hours may not be reflective of actual hours worked in a given week.
Eligible dependents include:
Ineligible dependents include, but are not limited to:
Eligible associates may enroll their domestic partners for medical, dental, vision, and life and AD&PL insurance coverage.
A domestic partner is an individual (same or opposite gender), with whom you share your life. To be eligible for domestic partner coverage, you and your domestic partner must:
You also may cover your domestic partner’s biological or adopted children if:
Based on IRS rules, you can generally make changes during the year only if you have a qualifying change in your family or employment status. This includes events such as:
View more details on these qualified life events.
Benefit changes must be consistent with the eligible life event. You must make changes through the Benefits Application in Workday (make a change to your existing benefits or click here if you are enrolling in Capital One benefits for the first time) website or by contacting the HR Benefits Center at 1-888-376-8836 within 31 days of the event (60 days after birth, adoption of a child, or loss or gain of eligibility for a state/federal insurance program such as Medicaid or the Children’s Health Insurance Program (CHIP)). If you don’t, you must wait until the next benefits Open Enrollment period to make updates. If you are already enrolled in a health plan, please note that you will not be able to change plans during the year through a QLE.
The Patient Protection and Affordable Care Act (the Health Care Reform law) requires employers with 100 or more employees to offer affordable health care coverage to full-time employees who work an average of 30 or more hours per week.
Capital One eligibility guidelines already meet — and exceed — this requirement. We’re including additional measures to ensure all associates who could meet the eligibility criteria set forth by the law are eligible for our health benefits.
If you’re a part-time associate regularly scheduled to work fewer than 20 standard hours per week as maintained in Capital One’s system of record (Workday), you are typically ineligible for benefits. However, if you meet the required average of 30 “hours of service” per week as defined by the Health Care Reform regulations, you may be eligible for health benefits (except Short-Term Disability) after 90 days of employment. We’ll monitor service hours to ensure eligible associates receive benefits.