Page 4 - Wellbiz Brands Benefit Guide 2020

ENROLLMENT INFORMATION

Who May Enroll When You Can Enroll
All full‐time employees working at least 30 hours per week Eligible employees may enroll at the following times:
and their eligible dependents may participate in the WellBiz • As a new hire, you may participate in the company’s
benefits program. Your eligible dependents include: benefit plans on the first day of the month following 30
days of employment

• During annual open enrollment
• Within 31 days of a qualified change in family status as
defined by the IRS (see Changes to Enrollment below)
Spouse or Registered Children under age 26
Domestic Partner regardless of student or Changes to Enrollment
(same or opposite sex) marital status st
Our benefit plans are effective January 1 through December
st
31 of each year. There is an annual open enrollment period
 Current Employees hired (non-full-time) can earn benefits each year, during which you can make new benefit elections for
st
if they have worked a total of 1,560 hours during the the following January 1 effective date. Once you make your
standard annual measurement period. benefit elections, you cannot change them during the year
unless you experience a qualified change in family status as
 All Employees that reach the 1,560 hours qualify for defined by the IRS.
coverage for the next plan year, with a benefit effective
date of January 1st, provided they are employed with Examples include, but are not limited to the following:
WellBiz at this time without being re-measured for • Marriage, divorce, legal separation or annulment
hours again for a 12-month period. To be offered • Birth, adoption or death
coverage for a subsequent year the employee must • Qualified Medical Child Support Order (QMCSO)
work at least 1,560 hours during the related • A change in employment, eligibility, or cost of benefits
measurement period. coverage for you, your spouse or dependent (Spouses
Open Enrollment period would qualify if changes are made)
 Newly hired Employees (non-full-time) that work a total • Loss of coverage from another health plan by you or your
of 1,560 hours during a 12-month period beginning
spouse.
on their date of hire (known as an initial • Change in your residence or workplace (if your benefit
measurement period), will be offered coverage
options change)
beginning the 14th month following the Employee’s • Medicare or Medicaid entitlement for you, your spouse or
hire (or rehire) date, provided they are employed dependent
with WellBiz as of this date.

Note: Please note that coverage for a new spouse or newborn child is not automatic. If you experience a change in family
status, you have 31 days to update your coverage. Please contact Human Resources immediately to complete the appropriate
election forms as needed. If you do not update your coverage within 31 days from the family status change, you must wait
until the next annual open enrollment period to update your coverage.

Paying For Your Coverage

WellBiz Pays You Share The Cost with WellBiz You Pay 100%

Basic Life/AD&D Medical Voluntary Life
Short Term Disability Dental Long Term Disability
Employee Assistance Program Vision
Travel Assistance Program
Your Medical, Dental and Vision contributions are deducted before taxes are withheld. Paying for benefits before‐tax means that your
share of the costs is deducted before taxes are determined, resulting in more take‐home pay for you. In exchange for this favorable tax
treatment, the IRS requires that your elections remain in effect for the entire year. You cannot drop or change coverage unless you
experience a qualified status change. Your Voluntary Life and Long Term Disability benefits are deducted after taxes are withheld to
ensure the benefit you receive is tax-free.

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