Page 2 - MyPoint EE Guide

Welcome to MyPoint Credit Union!

This guide provides a summary of your benefit options and is designed to help you enroll for coverage. If you would like more
information about any of the benefits described here, please contact either Janet Mainenti at (858) 268-7216,
jmainenti@mypointcu.com or Connie Goodell (858) 268-7217, cgoodell@mypointcu.com.

Contents

Important Information 2 Travel Assistance Program 10
Enrollment Information 3 Flexible Spending Accounts 11
Online Enrollment 4 Pet Insurance 12

Medical Insurance 5 Financial Counseling 12
Dental Insurance 7 Health Reimbursement Arrangement 12
Vision Insurance 8 Voluntary Worksite Benefits 13
Employee Assistance Program 8 Resources and Contacts 14
Life/AD&D 9 Employee Contributions 15

Disability 10

IMPORTANT INFORMATION

ACA Annual Notices

Even though the Affordable Care Act (ACA)’s penalty for not having MyPoint’s plans are partially arranged by MyPoint
health coverage (known as the individual mandate) has been reduced Credit Union and governed by its plan rules and
to zero, if you are a taxpayer in California, you will still be required to documents. Various state and federal laws require
have health coverage (unless you qualify for an exemption) or pay a that employers provide disclosure and annual
penalty for the tax year. In addition, several other states, including notices to their plan participants.
Massachusetts, New Jersey, and Vermont, as well as the District of
Columbia, have reinstated an individual mandate requirement, and The following is a list of the annual notices:
others are considering doing so. You may consider these options below • Medicare Part D Notice of Creditable
to satisfy this requirement: Coverage
• Enroll in a medical plan offered by MyPoint or another group • Women's Health and Cancer Rights Act
medical plan meeting the requirements for minimum essential (WHCRA)
coverage; • Newborns’ and Mothers’ Health Protection
• Purchase coverage through a health insurance marketplace; Act
• Enroll in coverage through a government-sponsored program if • Special Enrollment Rights
eligible. • Medicaid & Children’s Health Insurance
Program
However, if you choose to purchase coverage through the marketplace, • HIPAA Notice of Privacy Practices
because MyPoint’s medical plans are considered affordable and meet • Summary of Benefits and Coverage (SBC)
minimum value under the Affordable Care Act, you may not be eligible for a
subsidy, and you may not see lower premiums or out-of-pocket costs MyPoint distributes annual notices to new-hires,
through the marketplace. In addition, employer contributions to your and each year during open enrollment. You may
medical benefits will be lost and your portion of medical premiums will no also request a copy by contacting Janet Mainenti
longer be paid via payroll deductions on a pre-tax basis or download a copy from ADP.

For More Information
Go to www.healthcare.gov.

2