Page 48 - USX Driver Handbook

U.S. XPRESS, INC. DRIVER HANDBOOK U.S. XPRESS, INC. DRIVER HANDBOOK
Internal Revenue Service (I.R.S.) Regulations

Because your premiums for major medical, dental, flexible spending,
and vision coverage are not taxed, the IRS requires that U.S. Xpress
follow certain rules in administering these plans. If you purchase benefits,
you cannot make any changes until the next annual enrollment. The only
time employees are permitted to enroll or change their benefits outside
of the annual enrollment are when “qualifying events” occur such as the
following:
1. Change in marital status (marriage, divorce).
2. Change in employment status (full-time to part-time).
3. Death, birth, or adoption.
4. Change in the number of dependents.
5. Change in spouse’s health care coverage.
You have only 30 days to notify the Benefits Department after a
qualifying event that changes your coverage needs. If you wait more
than 30 days, you will not be able to make a change until the next annual
enrollment.
Evaluating Your Benefit Needs

To ensure that you choose the plan that is best for your needs,
consider the following:
1. Weekly contributions for the plan that are deducted from your
pay.
2. Annual deductible for the plan.
3. Annual out-of-pocket maximum.
4. Whether or not your doctors/pharmacies/facilities are in the
network.

Be careful not to overspend for coverage that you may not utilize.
Also remember that costs are given in weekly deduction amounts.
HIPAA Special Enrollment Notice
If you are declining enrollment for yourself or your dependents
(including your spouse) because of other health insurance or group health
plan coverage, you may be able to enroll yourself or your dependents in
this plan if you or your dependents lose eligibility for that other coverage
(or if the employer stops contributing towards your or your dependents’
other coverage). However, you must request enrollment within 30 days
after you or your dependents’ other coverage ends (or after the employer
stops contributing toward the other coverage).

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