Page 3 - Union COBRA Guide

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Your Benefit Options
Key Benefit Features
„ Our health insurance carrier is UnitedHealthcare and
the medical plans are based on United’s Choice Plus
Network
„ Both plans are “account-based” plans which help you
better manage your healthcare costs and needs
„ The plans recognize and reward healthy lifestyles; in-
network preventive care is covered at 100 percent and
you can earn company paid dollars toward your beneit
coverage
„ When you participate in the wellness program in 2016,
you are eligible to receive a contribution toward your
HRA account from Nortek; if you have individual
coverage you can earn up to $700 and if you have
family coverage you and your spouse can earn up to
$1,400
„ We partner with Vitality to help us better reward and
empower your positive lifestyle changes
Nortek Offers Four Levels of Coverage
„ Employee only „ Employee plus child or
„ Employee plus spouse * children
„ Employee plus family
* Beginning 1/1/16, eligibility will be restricted to legal spouses only.
However, same sex domestic partners currently covered under the plan
will be allowed to continue their coverage for a one year grace period
ending 12/31/16.
Changes in 2016
Medical Coverage
„ Spouse eligibility is limited to legal spouses only;
same sex domestic partners currently covered
under the plan will be allowed to continue their
coverage for a one year grace period ending
12/31/2016
„ New HRA and HSA plans effective January 1, 2016
„ Company HRA or HSA contribution of $1,000 for
individual coverage and $2,000 for family coverage
„ Ability to earn wellness credits in addition to your
company HRA or HSA contributions
„ Company funded FSA contribution of $200
„ HRA Plan Virtual Visits Beneit is a $20 in-network
copay
„ HSA Plan Virtual Visits Beneit is subject to
deductible and coinsurance
Dental Coverage
„ New dental plans: Nortek Basic and Nortek Basic
Plus
Vision Coverage
„ New vision plan
2016 Open Enrollment