Page 4 - Watermark Retirement Communities 2022 Benefits Guide Logan Square Union Before
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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
The following dependents are also eligible with the appropriate dependent to part-time status have all benefits cancelled
verification forms: with the exception of medical coverage, which
Your legal spouse will continue unless they initiate a Life Qualifying
Your same sex domestic partner Event by contacting the Watermark Benefits Call
Your children up to age 26 Center 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
change your benefit elections during have 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
Qualification by the Plan Administrator or a child support order for medical
from Full-time to Part-time or On-call, your
coverage
medical benefits will continue per ACA
Significant reduction of hours or change in work status
Loss or gain of other coverage by the employee or dependent guidelines. If you want to cancel your
New entitlement to Medicare or Medicaid medical coverage, you must call the
Watermark Benefits Call Center (833-281-
You must notify the Watermark Benefits Call Center within 30 days from the
0450) within 30 days of the change or you
qualified life event to make changes to your coverage. Depending on the
will have medical coverage until the next
type of event, you may need to provide proof, such as a marriage license. If
Open Enrollment period.
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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