Page 4 - Watermark Retirement Communities 2022 Benefits Guide Logan Square Union After

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Eligibility

As an associate of Watermark, you are eligible for medical benefits if you work between an average of
30-31.99 hours per week. Associates who are full time and working on average of 32 hours or greater, are eligible
for all Watermark benefits. All full time, on-call and part time associates are automatically enrolled in
Watermarks’ Employee Assistance Program. Associates who are part-time and average 20 hours or more are
eligible for Watermark’s Voluntary Short Term Disability Plans.

Most benefits are effective on the first day of the month following 60 days of Termination of benefits
active employment unless stated otherwise in a collective bargaining
All benefits terminate on the last date of
agreement or in accordance with state laws. New hires and newly eligible
associates must enroll within 30 days of their new hire date or status change employment or the date you become benefits
date. ineligible. Associates who transfer from full-time to
The following dependents are also eligible with the appropriate dependent part-time status have all benefits cancelled with
verification forms: the exception of medical coverage, which will
 Your legal spouse continue unless they initiate a Life Qualifying Event
 Your same sex or opposite sex domestic partner by contacting the Watermark Benefits Call Center
 Your children up to age 26 within 30 days from the date of their status
change.
Changes to your benefits Please note that for associates who are rehired

Generally, you may only make or change your existing benefit elections as a within 90 days from the date of their original
new hire or during the annual open enrollment period. However, you may termination and are eligible for benefits, will have
change your benefit elections during benefits effective on the first of the month
the year if you experience an event such as: following their rehire date.
 Marriage, divorce or legal separation
 Birth of your child or your same sex domestic partner's child
 Death of your spouse, same sex domestic partner or dependent child Important Note for a Status Change:
 Change in employment status of associate, spouse/same sex domestic
partner or dependent child Should you experience a change in status
from Full-time to Part-time or On-call, your
 Qualification by the Plan Administrator or a child support order for medical
coverage medical benefits will continue per ACA
 Significant reduction of hours or change in work status guidelines. If you want to cancel your medical
 Loss or gain of other coverage by the employee or dependent coverage, you must call the Watermark
 New entitlement to Medicare or Medicaid Benefits Call Center (833-281-0450) within 30
days of the change or you will have medical
You must notify the Watermark Benefits Call Center within 30 days from the
coverage until the next Open Enrollment
qualified life event to make changes to your coverage. Depending on the type
period.
of event, you may need to provide proof, such as a marriage license. If you do
not make the changes within 30 days of the qualified event, you will have to
wait until the next open enrollment period to make changes (unless you
experience another qualified life event).

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