Page 3 - Frank Bailey Grain -2020- 2021 Benefit Guide Final
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Important Information
Who is Eligible?
If you are a full-time employee, working a minimum of 30 hours
you are eligible to enroll in the benefits described in this guide.
New employees are eligible on the first of the month following 30
calendar days of employment. The following family members are
eligible for medical and dental: spouses and dependent children
(see benefit page for age requirements).
When to Enroll
All employees are required to complete the New Hire
Enrollment as a new hire and once a year during the
Annual Open Enrollment. Open enrollment is in November
for a December 1st effective date. New hire enrollment
forms are due to Human Resources within the first 30 days of
employment.
Can I make changes during the plan year?
Yes, you have HIPAA Special Enrollment Rights. To review
these rights, please refer to page 22.
LAW TO HAVE HEALTH INSURANCE
Individuals are still required to have medical
unless you have qualified waivers as mandat-
ed by current law. The penalty for not having
coverage ended January 1, 2019.
Please note that all medical plans offered by Frank Bailey Grain, Co. exceed the
minimum value standard for health coverage according to the Affordable Care Act.
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