Page 6 - GESMN 2019 Benefits Enrollment Guide

Changing Your Elections Mid-Year

While the benefits choices you make during annual enrollment remain effective
for the entire next year, there are special circumstances when changes are

allowed, called qualified mid-year election changes. Certain benefit changes may
be made if they are consistent with the event. For example, if you have a child,
they may be added to your medical coverage and/or you can add dependent life
insurance.

If you experience a qualified change, contact benefits administration as soon as
possible (but no longer than 30 days) to ensure you submit your benefit changes
within the required time period.

Paying for Coverage

You and GESMN share in the cost of your benefits, with GESMN paying the
majority. You pay your share through payroll deductions. When you pay premiums
pre-tax, you don’t pay federal, state (in most states), Medicare or Social Security
taxes on your contributions. Therefore, a $100 contribution might actually cost you
$80 with the tax savings, or even less, depending on your tax bracket.

Other benefits, like flexible spending accounts and voluntary life insurance, are
funded by you, with the cost of the plan administration covered by the company.

Who’s Eligible for Benefits?

Eligible Employees

Employees working at least 30 hours or more a week are eligible to participate in all
benefit plans.

Employees averaging between 20 – 29 hours per week are eligible to participate in
certain voluntary (employee paid) benefits as outlined in this guide (i.e. dental,
vision, Flexible Spending Account, voluntary life, hospital indemnity, critical illness

and accident).

Employees averaging less than 20 hours per week are not eligible for GESMN
benefits.

Eligible Dependents

Your legal spouse, qualified domestic partner and dependent children up to age
26* are also eligible to participate.
* Dependent children with disabilities can be covered beyond age 26 if they meet certain criteria. See
your human resources representative for more details.

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