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Important Notices (continued)

Can I Save Money on my Health Insurance Premiums in the
Employer Phone 714-252-2612
Marketplace?
Number
You may qualify to save money and lower your monthly premium, but
only if your employer does not offer coverage, or offers coverage that Who can we contact Employee Benefit Hotline
doesn’t meet certain standards. The savings on your premium that about employee
you’re eligible for depends on your household income. health coverage at
Does Employer Health Coverage Affect Eligibility for Premium Savings this job?
through the Marketplace?
Email address Benefits@confie.com
Yes. If you have an offer of health coverage from your employer that
meets certain standards, you will not be eligible for a tax credit through
the Marketplace and may wish to enroll in your employer’s health plan.
However, you may be eligible for a tax credit that lowers your monthly Here is some basic information about health coverage offered by this
premium, or a reduction in certain cost-sharing if your employer does employer:
not offer coverage to you at all or does not offer coverage that meets
certain standards. If the cost of a plan from your employer that would As your employer, Employees. Eligible employees are:
cover you (and not any other members of your family) is more than we offer a health Employees working 30 hours per week.
9.5% of your household income for the year, or if the coverage your plan to: Dependents: We do offer coverage.
employer provides does not meet the “minimum value” standard set by Eligible dependents are: Your legal
the Affordable Care Act, you may be eligible for a tax credit.1 spouse, dependent children to age 26,
Domestic Partner.
Note: If you purchase a health plan through the Marketplace instead of
accepting health coverage offered by your employer, then you may lose If checked, this coverage meets the
the employer contribution (if any) to the employer-offered coverage. minimum value standard, and the cost
Also, this employer contribution — as well as your employee √ of this coverage to you is intended to
contribution to employer-offered coverage — is often excluded from be affordable, based on employee
income for Federal and State income tax purposes. Your payments for wages.
coverage through the Marketplace are made on an after-tax basis.
How Can I Get More Information? **Even if your employer intends your coverage to be affordable, you
may still be eligible for a premium discount through the Marketplace.
For more information about your coverage offered by your employer, The Marketplace will use your household income, along with other
please check your summary plan description or contact: factors, to determine whether you may be eligible for a premium
Human Resources Department discount. If, for example, your wages vary from week to week (perhaps
7711 Center Drive, 2nd Floor, Huntington Beach, CA 92647 you are an hourly employee or you work on a commission basis), if you
714-252-2612 / Benefits@confie.com are newly employed mid-year, or if you have other income losses, you
may still qualify for a premium discount.
The Marketplace can help you evaluate your coverage options,
including your eligibility for coverage through the Marketplace and its If you decide to shop for coverage in the Marketplace, HealthCare.gov
cost. Please visit HealthCare.gov for more information, including an will guide you through the process. Here’s the employer information
online application for health insurance coverage and contact you’ll enter when you visit HealthCare.gov to find out if you can get a
information for a Health Insurance Marketplace in your area. tax credit to lower your monthly premiums.
1 An employer-sponsored health plan meets the “minimum value standard” if the
plan’s share of the total allowed benefit costs covered by the plan is no less than
60 percent of such costs. Continuation Coverage Rights Under COBRA
Introduction
PART B: Information About Health Coverage Offered by Your You’re getting this notice because you recently gained coverage under a
Employer group health plan (the Plan). This notice has important information
about your right to COBRA continuation coverage, which is a temporary
This section contains information about any health coverage offered by extension of coverage under the Plan. This notice explains COBRA
your employer. If you decide to complete an application for coverage in continuation coverage, when it may become available to you and
the Marketplace, you will be asked to provide this information. This your family, and what you need to do to protect your right to get it.
information is numbered to correspond to the Marketplace application.
When you become eligible for COBRA, you may also become eligible for
other coverage options that may cost less than COBRA continuation
coverage.
Employer Name Confie Seguros Holding II Co.
The right to COBRA continuation coverage was created by a federal law,
the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).
Employer Identification 30-0448954 COBRA continuation coverage can become available to you and other
Numbers members of your family when group health coverage would otherwise
end. For more information about your rights and obligations under the
Employer Address 7711 Center Drive, 2nd Floor, Plan and under federal law, you should review the Plan’s Summary Plan
Huntington Beach, CA 92647 Description or contact the Plan Administrator.

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