Page 2 - Bobit Benefit Guide 2018 FINAL
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Bobit Business Media is proud to offer a generous benefit program providing flexibility and choice. This brochure highlights the
benefits offered to all eligible Associates and their dependents. Please contact Human Resources for more information.
Contents
Important Information Benefits
The Affordable Care Act and You ………………………… 2 Medical Insurance…………………………………………. 4
Annual Notices ……………………………………………………. 2 Dental Insurance…………………………………………… 6
Enrollment Information Vision Insurance……………………………………………. 7
Who Can Be Covered ………………………………………….. 3 Associate Assistance Program………………………. 7
Open Enrollment ……………………….……………………….. 3 Life and AD&D Insurance………………………………. 8
Paying For Your Coverage ………….……………………….. 3 Long Term Disability Insurance …………………….. 8
Declining Coverage ……………………………………………... 3 Wellness Initiative Program…………………………... 8
Changes to Enrollment …………...………………………….. 3 Flexible Spending Accounts…………………………… 9
Associate Contributions 10
Resources & Contacts 11
Important Information
The Affordable Care Act and You
The Affordable Care Act (ACA) requires nearly every American to be enrolled in medical coverage or pay a penalty. This is referred
to as the individual mandate. You have several options to satisfy this requirement:
• Enroll in a medical plan offered by Bobit Business Media or another group plan
• Purchase coverage through a health insurance marketplace
• Enroll in coverage through a government sponsored program
• Have no coverage and incur a tax penalty
Because Bobit Business Media’s medical plans are considered affordable and meet minimum value under Health Care Reform, you
will not generally see lower premiums or out-of-pocket costs through the marketplace. In addition, employer contributions to your
medical benefits will be lost if you choose to purchase coverage through the marketplace, and your portion of medical premiums
will no longer be paid via payroll deductions on a pre-tax basis. For more information on your coverage options, please visit
www.healthcare.gov.
Annual Notices
ERISA and various other state and federal laws require that employers provide disclosure and annual notices to their plan
participants. The Bobit Business Media Annual Notices Packet is available on the intranet. If you would like a hard copy, please
contact the Human Resources Department.
The following is a list of the annual notices:
• Medicare Part D Notice of Creditable Coverage
• HIPAA Notice of Privacy Practices
• Women's Health and Cancer Rights Act (WHCRA)
• Newborns’ and Mothers’ Health Protection Act
• Special Enrollment Rights
• Medicaid & Children’s Health Insurance Program
• Wellness Program Disclosure
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