Page 5 - KCCU 2013-14 Benefits and Notices
P. 5
Kent County CU 2013-14
Benefits Provided to Our Employees
Medical Coverage
Dental Coverage
Vision Coverage
Group Life Insurance
Group Accidental Death and Dismemberment (AD&D) Insurance
Short-Term Disability (STD) Insurance
Long-Term Disability (LTD) Insurance
Waiver of Medical Coverage – Opt Out Option
You may elect to waive medical coverage from Kent County Credit Union if
you have and can provide proof of existing coverage from another source
(spouse, parent, etc). When proof of coverage is provided to Human
Resources and validated, you will be eligible to enroll in the dental and/or
vision plans. The Opt Out Option provides $103 per month monetary
subsidy to the eligible employee.
Should you suffer a HIPAA status change event, you may be added to Kent
County Credit Union’s medical plan mid-year only if notification is given to
Human Resources no later than 30 days of the event. At that time your
subsidy would end
Summary of Benefits & Coverage
In accordance with the changes mandated by federal health care reform effective the first plan year
following 09/23/2012, this is your Summary of Benefits & Coverage (SBC) for our medical plan.
The purpose of the SBC is to provide an explanation of your medical and prescription benefits (if any) in
an easy to read format. The SBC should look the same for any health plan from any employer since the
format, developed by the federal Department of Labor (DOL), is mandatory.
The SBC should be used in conjunction with the benefit summary of your medical coverage from Kent
County CU and the benefit guide found in the Member Section of the carrier’s website. Click here to
view your SBC.
Salus Group © Copyright 2013 Page | 5
