Introduction

Table of Contents

Introduction 2

Important Information

3 Medical Plan 4 Health Savings Account 5-6 Dental Plan 7 Vision Plan 8 Contacts 9

Employee Eligibility

Full-time employees who work 30 or more hours each week at Albers & Associates are eligible for all benefits on the first of the month following date of hire. Albers & Associates offers comprehensive, costeffective benefits options. You must enroll within 30 days of your eligibility, or you will forfeit your right to enroll until the following annual open enrollment.

Changing Your Elections

It is very important to consider your choices carefully before you make your benefit elections. The benefits you choose will be in place from your eligibility date through the end of the plan year, unless you have a qualifying event during the year such as: • Marriage, divorce, birth or adoption of a child • Death of a spouse or covered child • You or one of your covered dependents gains or loses other benefits coverage due to a change in employment status.

Note: For additional information, Qualified

Event Definition is determined by www.IRS.gov guidelines.

Dependent Eligibility

• Legal spouse • A dependent child under the age of 26 (coverage terminates at the end of the month in which the dependent turns 26). Note: Under the Patient Protection and Affordable Care Act (PPACA), adult children enrolled under their parent’s medical plan may maintain their coverage until the age of 26.