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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