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Eligibility and timing.

Now is the time to consider your elections for medical, dental, vision, life insurance and a variety of other benefits. Be sure you know when to enroll and who is eligible for coverage.

2022
benefits guide.

Focused on your well-being.

Support for you and your loved ones.

Select your employment category:

Full-time
Part-time or Seasonal
Best Buy
Best Buy Health
Eligible for medical
Not eligible for medical
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Enrolling in benefits.

When you enroll and when your benefits begin will vary, as shown below:

Situation

You are a current employee and it’s Benefits Annual Enrollment

You are newly hired

You’ve had a life change (referred to as a qualified status change)

When to enroll

Sept. 20–Oct. 1, 2021

Within 30 days following your hire date

Generally, within 30 days after the qualified status change*

Benefits begin

Jan. 1, 2022

The first of the month following your hire date (if your hire date falls on the first of the month, you are eligible on your hire date)**

On the date of the status change

*You have 60 days to make changes for the birth or adoption of a child or following the death of a spouse/domestic partner or child.
**For officer hire dates prior to Jan. 1, 2022, benefits begin on your hire date, and you may pay an introductory post-tax premium until the first of the month following 60 days of employment.

The benefits you choose stay in place for the entire calendar year. You can only make changes to your benefits or covered dependents at the next Benefits Annual Enrollment, or if you have a qualified status change.

Who’s eligible.

You are eligible for Best Buy’s health and welfare benefits if you are classified as a full-time employee. And if you sign up for benefits for yourself, you can also cover your dependents, including your:

  • Spouse: Your legally married spouse, including a common-law spouse in states that recognize common-law marriages
  • Domestic Partner: Your domestic partner of any gender, if your relationship qualifies. Costs for medical coverage for domestic partners are deducted post-tax. Employees who cover their domestic partners will have imputed income reported on their W-2 equal to the value of the benefit premiums the company is paying to insure the domestic partner.
  • Dependent Children under age 26: Your children who are:
    • Your children by birth, legal adoption (including children placed with you prior to adoption) and stepchildren
    • Your covered domestic partner’s children
    • Legal wards for whom you provide over 50 percent financial support and claim as a tax dependent, whether or not they live with you

Note: Under special circumstances, employees may continue to cover dependent children age 26 and older.

Dependent verification may be required, with additional requirements provided by mail following enrollment, including what documentation is needed to verify your dependents’ eligibility (such as marriage license, proof of joint ownership or birth certificate). For questions, call the Benefits Center at 1-866-475-6733.

Benefits Annual Enrollment

Annual Enrollment is Sept. 20–Oct. 1, 2021. This is your once-a-year opportunity to enroll in or change many of your Best Buy benefits.

If you don’t enroll by Friday, Oct. 1, at 6 p.m. CT:

  • Your medical, dental, vision and other elected plans will carry forward to 2022
  • You will not be able to participate in the Health Care FSA or Purchased PTO program in 2022, and
  • Your HSA contribution (if you are in Health Plan 3) will default to $0 beginning Jan. 1, 2022.

If you are on a leave of absence, you won’t be able to make changes to all of your life insurance benefits during Benefits Annual Enrollment; these changes can be made when you return to work full-time.

New hire.

You are eligible the first of the month following your hire date. If your hire date falls on the first of the month, you are eligible on your hire date. You have 30 days (including your hire date as day one) from your hire date to enroll. Find your Hire Date on Best Buy Connect (connect.bestbuy.com) under My Account.

Sample Hire Dates Benefits Start Date Enrollment Deadline

Jan. 1, 2022

Jan. 1, 2022

Jan. 30, 2022

Jan. 2, 2022

Feb. 1, 2022

Jan. 31, 2022

Jan. 31, 2022

Feb. 1, 2022

Mar. 1, 2022

For officer hire dates prior to Jan. 1, 2022, benefits begin on your hire date, and you may pay an introductory post-tax premium until the first of the month following 60 days of employment.

Life changes.

You can change benefit elections during the year if you have a qualified status change. Here are some examples of life changes that qualify:

  • You get married or divorced
  • You have or adopt a baby
  • Your spouse or domestic partner gains or loses their benefits coverage (Note: Their benefits annual enrollment period qualifies for this purpose)
  • You or a dependent reach age 26 and lose current coverage

In general, if you have a qualified status change, you need to make your benefits changes within 30 days after the event. Newborns are automatically covered under your medical plan for the first 60 days. You have 60 days to make changes for the birth or adoption of a child or following the death of a spouse, domestic partner or child. Benefits will begin on the date of the status change.

To view a complete list of qualifying events, log in to the Health and Welfare Benefits Website using your Best Buy username and password. Choose Life Changes and review the options under each tab. If you do not see a life change that pertains to your situation, call the Benefits Center at 1-866-475-6733 for support.