New Hire Benefit Guide
Your journey to enrollment starts here.
New Hire Benefit Guide 202X
ENROLLMENT STARTS HERE CARRIER CONTACTS ADDITIONAL SUPPORT YOUR JOURNEY TO
NEW HIRE ENROLLMENT New hires have 30 days from their date of hire to enroll in benefits in ADP. Benefits are effective the first of the month following your date of hire. MID-YEAR CHANGES Once your New Hire enrollment window closes, the only time you are allowed to make changes to your benefits elections in the middle of the year is if you experience a qualified mid-year change. Examples may include getting married or divorced, having a baby or adopting, or gaining or losing coverage. You must notify Human Resources within 30 days of the mid- year event to be eligible to change your elections. INSURANCE IS COMPLICATED. CONTACT HR WITH QUESTIONS.
MEDICAL * D e d u ct i b l e A p p l i e s Fi r st The rates and benefit plan information shown in this guide are illustrative only. To the extent the rates or the benefit plan information summarized herein differs from the underlying plan details specified in the insurance documents that govern the terms and conditions of the plans of insurance described in this guide, the underlying insurance documents will govern in all cases. The insurance carrier will determine the actual rates based upon the final member enrollment, plan selection, funding, type, and eligibility criteria. Until that time, and the carrier's final communication, the rates will be subject to change. Medical insurance helps you pay for preventive care, routine health needs, prescriptions, and advanced procedures by cost-sharing with your insurance provider. Hover over the insurance terms below to learn what they mean! REVIEW PLAN SBC & SUMMARY OAP HSA $1,500 HSA $3,500 Save on Prescription HEALTH YOUR JOURNEY TO DEDUCTIBLE Individual: $2,000 Family: $4,000 Individual: $1,500 Individual with Family: $2,800 Family: $3,000 Individual: $1,500 Individual with Family: $2,800 Family: $3,000 OFFICE VISITS Primary Care: $30 Specialist: $50 Urgent Care: $50 Primary Care: *30% Coinsurance Specialist: *30% Coinsurance Urgent Care: *30% Primary Care: *30% Coinsurance Specialist: *30% Coinsurance Urgent Care: *30% PROCEDURES Inpatient: *30% Coinsurance Outpatient: *30% Coinsurance Emergency Room: $200 Individual: $4,000 Family: $8,000 Individual: $4,000 Family: $8,000 OUT-OF-POCKET MAXIMUM Individual: $4,000 Family: $8,000 Individual: $4,000 Family: $8,000 Individual: $4,000 Family: $8,000 RATES PER BIWEEKLY PAY PERIOD Employee: $132.24 Employee + Spouse: $268.31 Employee + Children: $253.64 Family: $389.71 Employee: $92.96 Employee + Spouse: $188.61 Employee + Children: $178.29 Family: $273.94 Employee: $92.96 Employee + Spouse: $188.61 Employee + Children: $178.29 Family: $273.94
TELEMEDICINE Your life is an adventure, and Telemedicine affords you the convenience of receiving medical care while on the go. Instead of spending your day and dollars at an Urgent Care facility, connect with a board- certified doctor over the phone or video chat to receive immediate and cost- effective care wherever life’s journey may take you. Check your plan summary for costs Benefits 101 Telemedicine WELLBEING If you think your physical health alone is related to your overall performance, think again. Total Wellbeing as a whole is comprised of 5 elements: physical, financial, communal, emotional, and purpose. To build your overall well being, you have to make sure all of these elements are being “exercised”. EMPLOYEE ASSISTANCE You encounter more than just health concerns throughout your life. Manage life’s curveballs with a confidential and complimentary program designed to provide counseling, support, and resources for a variety of personal issues like stress and anxiety, relationship struggles, substance abuse, eldercare, financial worries, and much more. Get the FREE support you need today:
FLEXIBLE SPENDING ACCOUNT Savetax dollars and receive an advanced loan to assist with qualified expenses with an FSA. Determine your per paycheck contribution in the beginning of the year, and then spend those funds on qualified health expenses or dependent care expenses as needed before the plan year ends. YOUR JOURNEY TO HEALTH SAVINGS ACCOUNT Take advantage of triple tax savings through an HSA. Reduce your taxable income by contributing into this account, purchase qualified healthcare items free of tax, and earn tax- free interest on HSA investment dollars. Unused funds will roll over from year to year. You must be enrolled in the company HDHP Medical Plan to be eligible for an HSA. SAVINGS
DISABILITY Accidents and illnesses happen and often when we least expect them. Ensure you are financially prepared to stay afloat in the midst of a medical condition with disability insurance. You can't put a price tag on your life, but you can protect your loved ones with life insurance in the event of a premature loss. BASIC LIFE AND AD&D - You are automatically enrolled in this employer-paid coverage. VOLUNTARY LIFE AND AD&D - You must submit an application and be approved to be enrolled in this employee-paid coverage. SHORT TERM DISABILITY - You are automatically enrolled in this employer-paid coverage. LONG TERM DISABILITY - You are automatically enrolled in this employer-paid coverage. 1.5 x your Earnings To a Maximum Of $225,000 EMPLOYEE Increments of $10,000 up to 5x your earnings; $500,000 Maximum SPOUSE Increments of $5,000 up to 100% of Employee Amount up to $250,000 CHILD Increments of $1,000, maximum benefit of $5,000 EMPLOYEE 60%of your Earnings to a Maximum of $1,500 a Week SPOUSE 13 Weeks for Sickness 13 weeks for Accident CHILD Illness: 7 Days Accident: 0 Days BENEFIT 60% of your earnings to a maximum of $12,500 a Month DURATION Up to Social Security Normal Retirement Age WAITING PERIOD 90 Days Short-Term Disability 101 Long-Term Disability 101 LIFE
The key to saving for retirement is to start early and stay committed. Making the choice to invest in yourself by contributing to your employer sponsored retirement plan is a decision that may have a big impact on your ability to retire confidently. CONTRIBUTION TYPE Acme Corp offers traditional pre-tax deferrals and Roth deferrals on a percentage of earnings basis into the Acme Corp,Inc. 401(k)Plan With American Funds. EMPLOYER MATCH Acme Corp} matches 50%of up to 5%of eligible earnings each pay period. There is a three year vesting period for company contributions. To Get the full match: if you put in 5%the company puts in 2.5% TAX SAVINGS BENEFITS COMPOUNDING COMBINE ACCOUNTS EASE OF SAVINGS TRANSFER SAVINGS Hover over the icons below to learn a few benefits of contributing
VOLUNTARY & ADDITIONAL BENEFITS VOLUNTARY BENEFITS Even with medical insurance, you could still be subject to unexpected out-of-pocket expenses in the form of copays, deductible, and coinsurance. Voluntary Benefits provide lump sum payments to be used towards your health care expenses, or however you see fit. Voluntary Benefits: • Critical Illness • Accident • Tuition Reimbursement LUCKY YOU! Your employer offers a handful of non traditional benefits to support you and your family as you juggle life's demands. Hover over the icons to learn more about your options.
Video EMPLOYEE NOTICES READY TO ENROLL? Please review the following required employee notices detailing your rights and options. You can also request a paper copy of any of these notices at any time.