Page 3 - Megatel Homes LLC Benefit Guide 8-1-2024

Important Information

The intent of our benefit guide is to briefly highlight your benefits and NOT to replace your insurance
contracts or booklets. This information has been compiled into summary form to outline the benefits
offered. If this benefit guide does not address your specific benefit questions, please refer to the
Contact Information page of this booklet. The contact page will provide you with the information
you need to contact the specific insurance carriers and/or Human Resources Department for
additional assistance. The information provided in this summary is for comparative purposes only.
Actual claims paid are subject to the specific terms and conditions of each policy contract. This
benefit guide does not constitute SBC’s, policy or contract. Your Employee Benefit Portal is through

Paycom.

Who is Eligible?

If you are a full-time employee, working a minimum of 30 hours per week, 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.
Family members are eligible for medical, dental, vision, and voluntary life and
AD&D (see benefit page for dependent children age requirements).
When to Enroll?

All employees are required to complete the New Hire Online Enrollment at
new hire and once a year during the Annual Open Enrollment on the Paycom
portal.
Open enrollment is in July for an August 1st effective date. Enrollment is on your
Paycom portal, see step by step instructions on page 41 & 42.

Can I make changes during the plan year?

Yes, you have HIPAA Special Enrollment Rights. To review these rights, please refer to page 39 or the Library
section of your Benefit Website.

LAW TO HAVE HEALTH INSURANCE

Individuals are still required to have medical unless you
have qualified waivers as mandated by current law. The
penalty fine for not having coverage ended January 1,
2019.

Please note that all medical plans offered by Megatel Homes, LLC exceed the
minimum value standard for health coverage according to the Affordable Care Act.

3