Page 54 - 2020 Benefit

A Guide to Your Health and Wellness Benefits | 2020

However, if you lose your current creditable prescription drug coverage, through no fault of your own, you will also be eligible for a
two (2) month Special Enrollment Period (SEP) to join a Medicare drug plan.

What Happens To Your Current Coverage If You Decide to Join A Medicare Drug Plan?

If you decide to join a Medicare drug plan, your current Sungevity coverage will not be affected. If you are on Cobra, your coverage
will be affected.

If you qualify to enroll in Medicare prescription drug coverage, you have the following options:
 Keep your existing coverage through Sungevity (Please refer the plan’s Summary Plan Description for details.) and not
enroll in a Medicare prescription drug plan; or
 Enroll in a Medicare prescription drug plan in which case the Medicare prescription drug coverage will be supplemental to
the prescription drug coverage provided by Sungevity . If you are on Cobra, the Medicare prescription drug coverage will
be primary to the prescription drug coverage provided by Sungevity. In making your decision, you should consider the
extra premium you will pay and that prescription drug claims paid by this Plan do not count as true out-of-pocket
expenses. That means that the point at which Medicare's standard prescription drug plan supplements group health
benefits at the catastrophic (95 percent total payment) level is extended or possibly never reached. The impact of
prescription drug benefits paid by an employer's plan on any standard Medicare prescription drug plans should be obtained
from the insurer. (A standard plan is one that has the same deductible and co-insurance arrangements specified by
Medicare; a nonstandard plan may have a different benefit schedule as long as the plan has an equivalent value to the
standard benefit.) See pages 7 – 9 of the CMS Disclosure of Creditable Coverage to Medicare Part D Eligible Individuals
Guidance (available at http://www.cms.hhs.gov/CreditlbeCoverage/), which outlines the prescription drug plan provisions /
options that Medicare eligible individuals may have available to them when they become eligible for Medicare Part D.

If you do decide to join a Medicare drug plan and drop your current Sungevity coverage, be aware that you and your dependents
will be able to get this coverage back. If you are on Cobra, be aware that you and your dependents will not be able to get this
coverage back.

When Will You Pay A Higher Premium (Penalty) To Join A Medicare Drug Plan?
You should also know that if you drop or lose your current coverage with Sungevity and don’t join a Medicare drug plan within 63
continuous days after your current coverage ends, you may pay a higher premium (a penalty) to join a Medicare drug plan later.

If you go 63 continuous days or longer without creditable prescription drug coverage, your monthly premium may go up by at least
1% of the Medicare base beneficiary premium per month for every month that you did not have that coverage. For example, if you
go nineteen months without creditable coverage, your premium may consistently be at least 19% higher than the Medicare base
beneficiary premium. You may have to pay this higher premium (a penalty) as long as you have Medicare prescription drug
coverage. In addition, you may have to wait until the following October to join.

For More Information About This Notice Or Your Current Prescription Drug Coverage…
Contact the person listed below for further information. NOTE: You’ll get this notice each year. You will also get it before the next
period you can join a Medicare drug plan, and if this coverage through Sungevity changes. You also may request a copy of this
notice at any time.

Michael Trust
Director of Human Resources
Sungevity
27368 Via Industria, Ste 101
Temecula, CA 92590
951-926-1176 x493, email:Michael.trust@sungevity.com
HR@Sungevity.com
25 | 2020 Benefit Guide
661-755-5318

Marcelino Gonzales
Human Resource Manager
Sungevity, LLC
3250 Camino del Sol