Page 5 - Hitachi Benefit Guide 1.31.2019

Additional Benefits Information

Paying For Your Coverage / Section 125 The Affordable Care Act and You
The Health Advocate, Basic Life/AD&D, Short Term Disability The Affordable Care Act (ACA) requires applicable large
(NonCA, NY & HI), Employee Assistance Program, Business employers to make affordable coverage available to their
Travel Accident and Worldwide Travel Assistance benefits are employees or risk paying a penalty. Although the individual
provided at no cost to you and are paid entirely by Hitachi mandate is no longer effective beginning January 1, 2019, it is
Solutions. You and the company share in the cost of the important that you understand your options for health
Medical, Dental and Vision benefits you elect. For states that insurance coverage. You may consider these options below :
require the company to have a statutory disability policy (CA, • Enroll in a medical plan offered by Hitachi Solutions or
HI, NJ & NY) you and the Company may share in the cost via another group plan
payroll deduction as permitted by law. Any Voluntary Life/ • Purchase coverage through a health insurance marketplace
AD&D, Long Term Disability and Pet Insurance benefits you • Enroll in coverage through a government sponsored
elect will be paid by you at discounted group rates. Your program (if eligible)
Medical, Dental, and Vision contributions are deducted before
taxes are withheld, which saves you tax dollars. Paying for Because Hitachi Solutions’ medical plans are considered
benefits before‐tax means that your share of the costs are affordable and meet minimum value under Health Care
deducted before taxes are determined, resulting in more take‐ Reform, you will generally not see lower premiums or out-of-
home pay for you. As a result, the IRS requires that your pocket costs through the marketplace. In addition, employer
elections remain in effect for the entire year. You cannot drop contributions to your medical benefits will be lost if you
or change certain coverage unless you experience a qualifying choose to purchase coverage through the marketplace, and
event. your portion of medical premiums will no longer be paid via
payroll deductions on a pre-tax basis.
Note: Unless your domestic partner qualifies as your tax
dependent for health care purposes under the Internal For more information on your coverage options, please visit
Revenue Code, Federal Tax Law requires that the fair market www.healthcare.gov.
value of the benefits result in “Imputed Income” to you. This
amount will be included as an additional earnings paid to you
on your earnings statement for the cost of the non-qualified
dependents premium on which you will pay Taxes.

Annual Notices
ERISA, as well as various other state and federal laws, require that employers provide disclosure and annual notices to their plan
participants. Hitachi Solutions has posted all federally required annual notices on Sterling Online System for you to download and
read at your convenience. The following is a brief description of the annual notices:

• Medicare Part D Notice of Creditable Coverage: • Newborns’ and Mothers’ Health Protection Act: The
Plans are required to provide each covered participant and Newborns’ and Mothers’ Health Protection Act of 1996
dependent a Certificate of Creditable Coverage to qualify (NMHPA) affects the amount of time a mother and her
for enrollment in Medicare Part D prescription drug newborn child are covered for a hospital stay following
coverage when qualified without a penalty. This notice also childbirth.
provides a written procedure for individuals to request and
• Special Enrollment Rights: Plan participants are entitled to
receive Certificates of Creditable Coverage.
certain special enrollment rights outside of Hitachi
• HIPAA Notice of Privacy Practices: This notice is intended Solutions open enrollment period. This notice provides
to inform you of the privacy practices followed by Hitachi information on special enrollment periods for loss of prior
Solutions group health plan. It also explains the federal coverage or the addition of a new dependent.
privacy rights afforded to you and the members of your • Medicaid & Children’s Health Insurance Program: Some
family as plan participants covered under a group plan.
states offer premium assistance programs for those who
• Women’s Health and Cancer Rights Act (WHCRA): The are eligible for health coverage from their employers, but
Women’s Health and Cancer Rights Act (WHCRA) contains are unable to afford the premiums. This notice provides
important protections for breast cancer patients who information on how to determine if your state offers a
choose breast reconstruction with a mastectomy. The U.S. premium assistance program.
Departments of Labor and Health and Human Services are
in charge of this act of law which applies to group health
plans if the plans or coverage provide.

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