Page 2 - 2016 Nortek Enrollment Guide Union
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Table of Contents
Your Benefit Options ................................................. 3 Dental Insurance .................................................... 15
Medical Plan Options ............................................... 4 Vision Care ............................................................ 16
The Accounts ............................................................ 6 Life and Disability Insurance ................................... 17
Comparing the Two Accounts: HRA and HSA .......... 8 How To Enroll .......................................................... 19
Nortek Wellness Plan ............................................. 11 How to Open an HSA Bank Account ...................... 20
Prescription Drug Benefits ...................................... 13 Website Library ....................................................... 21
Open Enrollment 2016
Your beneit choices are important You have from October 19 through November 2 to participate in open
decisions—affecting how you enrollment. This year’s enrollment opportunity is passive, meaning if
receive your beneits and what you are satisied with your existing elections, you do not need to submit
you pay for them. For some, the new elections for 2016. The only exception to this is if you are currently
decision may be easy; for others, participating or want to participate in the HSA or FSA program.
the decision may require more New HSA/FSA elections are required each year. Keep in mind, open
thought. Whatever your situation, enrollment is your opportunity each year to make changes to your beneit
we encourage you to learn as much options. You cannot change your coverage during the plan year unless you
as you can about your options. experience a qualifying life event.
This booklet contains details about If you have any questions about anything you read in this booklet, please
the plans and how they work. contact HR Connect at 844.766.7835 or HRConnect@Nortek.com. You
Additional details about pricing can also text the word “NTKBeneits” to 88202.
are available through Workday or
printed on your enrollment form
if your company is not yet live on
Workday.
Nortek
Table of Contents
Your Benefit Options ................................................. 3 Dental Insurance .................................................... 15
Medical Plan Options ............................................... 4 Vision Care ............................................................ 16
The Accounts ............................................................ 6 Life and Disability Insurance ................................... 17
Comparing the Two Accounts: HRA and HSA .......... 8 How To Enroll .......................................................... 19
Nortek Wellness Plan ............................................. 11 How to Open an HSA Bank Account ...................... 20
Prescription Drug Benefits ...................................... 13 Website Library ....................................................... 21
Open Enrollment 2016
Your beneit choices are important You have from October 19 through November 2 to participate in open
decisions—affecting how you enrollment. This year’s enrollment opportunity is passive, meaning if
receive your beneits and what you are satisied with your existing elections, you do not need to submit
you pay for them. For some, the new elections for 2016. The only exception to this is if you are currently
decision may be easy; for others, participating or want to participate in the HSA or FSA program.
the decision may require more New HSA/FSA elections are required each year. Keep in mind, open
thought. Whatever your situation, enrollment is your opportunity each year to make changes to your beneit
we encourage you to learn as much options. You cannot change your coverage during the plan year unless you
as you can about your options. experience a qualifying life event.
This booklet contains details about If you have any questions about anything you read in this booklet, please
the plans and how they work. contact HR Connect at 844.766.7835 or HRConnect@Nortek.com. You
Additional details about pricing can also text the word “NTKBeneits” to 88202.
are available through Workday or
printed on your enrollment form
if your company is not yet live on
Workday.
Nortek
