Page 14 - Green Mountain Research Handbook Final 8-9-21

Green Mountain Research Employee Handbook

Group Medical Insurance
GMR offers a health plan with two different levels of premiums and benefits. Eligible
employees may choose either plan based upon their personal needs. Both GMR and the
employee share in the cost of premium.

Group Dental and Vision Insurance
GMR offers both voluntary dental and vision benefits. Eligible employees may elect either
dental benefits, vision benefits or both, depending upon their needs. Both GMR and the
employee share in the cost of premium.

Cafeteria Plan

GMR offers a Cafeteria Plan that allows employees to pay for health premiums with tax-free
payroll deductions and to contribute to a Medical Flexible Savings Account and/or a Dependent
Care Account through tax-free payroll deductions.

We maintain formal plan documents explaining the rules by which each benefit must operate,
in accordance with IRS Section 125 regulations. These rules may be modified from time to time.

To participate in each benefit, employees must make an election to authorize the tax-free
deductions in exchange for certain restrictions. In addition, the money deducted may only be

used to pay for eligible premium (employer provided benefits), medical or dependent care
expenses.

You will also be provided with a form when you are first eligible for health benefits to authorize
GMR to deduct your health related benefit premiums on a tax-free basis.

Human Resources will provide you with forms to make a voluntary annual election to
participate in the Medical Flexible Spending Account and/or the Dependent Care Account and
to determine the dollar amount you wish to contribute each year. The elections will generally
cover deductions for a full calendar year. However, you may begin making contributions when
you are first eligible if you are not offered participation at the beginning of the calendar year.

Income Replacement

GMR provides income protection to full-time employees. We offer Short Term Disability
Insurance, Long Term Disability Insurance and Basic Life Insurance at no cost to the employee.

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Revision Date: 08/01/2021
Origination Date: 08/01/2021