Page 17 - AMT Gordian TEXAS EE Guide 01-2020

IMPORTANT INFORMATION

Annual Notices ACA

AMT plans are partially arranged by AMT and Even though the Affordable Care Act (ACA)’s penalty for
governed by it’s plan rules and documents. ERISA not having health coverage (known as the individual
and various other state and federal laws require that mandate) has been reduced to zero, if you are a
employers provide disclosure and annual notices to taxpayer in California, you will still be required to have
their plan participants. AMT distributes annual health coverage (unless you qualify for an exemption) or
notices to new-hires, and each year during open pay a penalty for the 2020 tax year. In addition, several
enrollment. You may also request a copy by other states, including Massachusetts, New Jersey, and
contacting the Human Resources Department, or Vermont, as well as the District of Columbia, have
download a copy from ADP. reinstated an individual mandate requirement, and
others are considering doing so.
The following are a list of Annual Notices:
• Medicare Part D Notice of Creditable You may consider these options below to satisfy this
Coverage: Plans are required to provide each requirement:
covered participant and dependent a Certificate • Enroll in a medical plan offered by AMT or another
of Creditable Coverage to qualify for enrollment group medical plan meeting the requirements for
in Medicare Part D prescription drug coverage minimum essential coverage;
when qualified without a penalty. • Purchase coverage through a health insurance
• HIPAA Notice of Privacy Practices: This marketplace;
notice is intended to inform employees of the • Enroll in coverage through a government-sponsored
privacy practices followed by AMT group health program if eligible.
plan. It also explains the federal privacy rights
afforded to you and the members of your family However, if you choose to purchase coverage through
as plan participants covered under a group plan. the marketplace, because AMT’s medical plans are
• Women's Health and Cancer Rights Act considered affordable and meet minimum value under
(WHCRA): This act contains important the Affordable Care Act, you may not be eligible for a
protections for breast cancer patients who subsidy, and you may not see lower premiums or out-of-
choose breast reconstruction with a pocket costs through the marketplace. In addition,
mastectomy. employer contributions to your medical benefits will be
• Newborns’ and Mothers’ Health Protection lost and your portion of medical premiums will no longer
Act: This act affects the amount of time a be paid via payroll deductions on a pre-tax basis.
mother and her newborn child are covered for a
hospital stay following childbirth.
• Special Enrollment Rights: Plan participants
are entitled to certain special enrollment rights
outside of AMT open enrollment period. This For More Information
notice provides information on special Go to www.healthcare.gov
enrollment periods for loss of prior coverage or
the addition of a new dependent.
• Medicaid & Children’s Health Insurance
Program: Some states offer premium
assistance programs for those who are eligible
for health coverage from their employers, but are
unable to afford the premiums. This notice
provides information on how to determine if your
state offers a premium assistance program.

Summary of Benefits

and Coverage (SBC)
Health insurance issuers and group health plans are
required to provide you with an easy-to-understand
summary about your health plan’s benefits and
coverage.

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