TEAM MEMBER Benefits Guide
May 1, 2022 – April 30, 2023
marinemax.com
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Table of Contents 4
Eligibility & Enrollment
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Medical Benefits • Imagine360, Formerly • Imagine360, Formerly GPAGPA
• UCM Digital Health
• Member Services - Nurse Navigator • Member Services - Nurse Navigator • Beacon Advocates • Primal Source • Imagine360, Formerly ELAP Services • Imagine360, Formerly ELAP • KIS Imaging Services
• Medical Travel Option
• Regenexx • KIS Imaging
• ViaCord
• VirtualTM Physical Therapy • Regenexx
• Coming Soon - DermTech & High
TM • UCM Digital Health • Virtual Physical Therapy
Performance Provider
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• Beacon Advocates• Primal Source Pharmacy Benefits
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Flexible Spending Accounts
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Dental Benefits
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Vision Benefits
26
Survivor Benefits - Life Insurance
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Income Protection Benefits - Short & Long Term Disability
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Additional Benefits
34
Allstate Supplemental Benefits
40
Retirement Benefits - 401(k)
41
Employee Stock Purchase Plan (ESPP)
42
Time Away From Work
44
T.R.I.P. Program
45
Glossary
46
Important Contacts
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Required Notices Group and Pension Administrators (GPA) and Erisa Liability Assurance Program (ELAP) have merged into one company, Imagine360. For those on the plan, there are no changes. Claims will be processed, adjusted, and paid in the same manner. This Benefit Guide for MarineMax Team Members is meant only as a brief description of some of the programs for which MarineMax Team Members may be eligible. It is not a legal plan document and does not imply a guarantee of employment or a continuation of benefits. All insurance contracts and plans have limitations and exclusions that apply. Please refer to and read all Summary Plan Descriptions (SPD’s) for more complete descriptions. MarineMax reserves the right, at its discretion, to discontinue, increase, decrease or alter any or all plans and benefits described in this summary for any reason and at any time with or without notice. Whenever an interpretation of a plan benefit is necessary, the actual plan document will be used.
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Eligibility & Enrollment You and your family have unique needs, which is why MarineMax offers a variety of benefits from which you may choose. Consider your spouse’s benefits through his or her place of employment and your dependents’ eligibility when weighing each option. Eligibility If you are a full-time Team Member of MarineMax who is regularly scheduled to work at least 30 hours per week, you are eligible to participate in the Medical, Dental, Vision, Life and Disability Plans, along with the Flexible Spending Accounts (FSAs) and additional benefits. When Does Coverage Begin? The elections you make are effective the first of the month following your 60th day of employment, and your enrollment window will remain open for 45 days after your start date. Section 125 Plan Benefit A Section 125 Plan is an IRS-regulated benefit that allows an employee to make certain contributions on a pre-tax, rather than an after-tax basis. Such plans permit Medical, Dental, Vision and FSA contributions by employees to be deducted from earnings before taxes are calculated. Team Members who are eligible and participate in MarineMax’s plans will automatically receive this benefit. Due to the Section 125 Plan IRS regulations, once you have made your choices for the 2022 Plan Year, you won’t be able to change your benefits until the next enrollment period unless you experience a Qualifying Life Event. Eligible Dependents* Dependents eligible for coverage in the MarineMax benefits plans include: • Your legal spouse – Keep reading for specific restrictions on eligibility requirements for employed spouses. • Children up to the age of 26 – includes birth children, stepchildren, legally adopted children, children placed for adoption, and children for whom legal guardianship has been awarded to you or your spouse. • Dependent children, regardless of age, provided he or she is incapable of self-support due to a mental or physical disability, is fully dependent on you for support as indicated on your federal tax return, and is approved by your Medical Plan to continue coverage past age 26. Working Spouse Exclusion If your spouse is employed and has access to health care coverage through their employer, they are not eligible for MarineMax coverage. If your spouse does not work, works only part time, is not eligible for coverage or has lost coverage as an active employee but has been offered COBRA, the spousal exclusion does not apply. If your spouse is covered by Medicare, the exclusion does not apply. If your spouse experiences a Qualifying Life Event (loss of job, etc.) during the year, he or she can be added to your MarineMax coverage within 30 days of the Qualifying Life Event. Note: MarineMax reserves the right to verify whether or not your spouse is provided coverage elsewhere. Misrepresenting whether your spouse has access to Medical coverage outside of MarineMax may result in disciplinary action. Verification of dependent eligibility will be required upon enrollment.
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Things to Consider Take the following situations into account before you enroll to make sure you have the right coverage.
Qualifying Life Events* When one of the following events occur, you have 30 days from the date of the event to request changes to your coverage. • Change in your legal marital status (marriage, divorce, or legal separation). • Change in the number of your dependents through birth or adoption or if a child is no longer an eligible dependent.
Does your spouse have benefit coverage available through another employer?
• Change in your spouse’s employment status resulting in a loss or gain of coverage. • Change in your employment status from full-time to part-time, or part-time to fulltime, resulting in a gain or loss of coverage.
Did you get married, divorced, or have a baby recently? If so, do you need to add or remove any dependents and/or update your beneficiary designation? Did any of your covered children reach their 26th birthday this year? If so, they are no longer eligible for benefits unless they meet specific criteria. Additional details can be found in the Eligible Dependent section of this guide.
• Entitlement to Medicare or Medicaid. • Your change in coverage must be consistent with your change in status. Please direct any specific questions regarding specific life events and your ability to request changes to your Benefits Administrator in the Human Resources Department. Preparing to Enroll MarineMax provides its Team Members the best coverage possible. As a committed partner in your health, MarineMax absorbs a significant amount of the costs. Your share of the contributions for Medical, Dental, Vision, and FSA benefits is deducted on a pretax basis, which lessens your tax liability. Please note that Team Member contributions for Medical, Dental and Vision coverage vary depending on the level of coverage you select. In general, the more coverage you have, the higher your contribution will be. Keep in mind that you may select any combination of Medical, Dental, Vision and other plan coverage categories. For example, you could select Medical coverage for you and your entire family, but select Dental and Vision coverage only for yourself. The only requirement is that you must elect coverage for yourself in order to elect any dependent coverage. You have the option to select coverage from the following categories: • Team Member Only • Team Member & Spouse • Team Member & Children • Team Member & Family Be certain to have the Social Security numbers and birth dates for any eligible dependent/s that you plan to enroll. You cannot enroll your dependent(s) without this information.
Verification of a Qualifying Life event will be required.
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How to Enroll New Team Members The New Hire Enrollment option enables newly hired individuals to elect benefit options, such as health insurance, for the current plan year. All health benefits listed in this guide are available to new Team Members effective the first of the month following the 60th day of employment. (For example: your hire date is September 14th, your benefits will be effective December 1st). You will be prompted through UKG, formerly UltiPro, to make your elections and all instructions will be provided. Please refer to this guide when making your elections. You will be required to provide documentation to verify your dependents. Open Enrollment Team Members can elect or change benefit options available each year during a period referred to as Open Enrollment. Open enrollment dates vary and occur in March with benefits effective May 1st. The plan year begins May 1, 2022 and ends April 30, 2023. This is an opportunity for Team Members to make changes to their elections without a Life Event. You will have the opportunity to add or delete coverage and to add or remove dependents. Again, you will be required to provide documentation to verify any dependents that are added to your coverage. Dual enrollment occurs when the Team Member’s New Hire period coincides with Open Enrollment. The Team Member will be prompted to complete their New Hire Enrollment prior to making any Open Enrollment elections. It is important that the Team Member complete both events. Make a Change to My Benefits Option The Make a Change to My Benefits option enables team members to change their benefits outside of the open enrollment period due to a life event. A life event refers to a change in life circumstances such as getting married, divorced, having a baby or adopting a child. A birth, for example, may require medical plan coverage to change from single to family. It is important for employees to report the type of life event and date, so that the appropriate benefit changes are completed. You will be asked to provide documentation proving the life event. You have a 30-day window from the date of the life event to request changes. Qualifying Life Event instructions are located in the Jostle Library. How to Create a Qualifying Life Event.
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Company Paid Life Insurance: MarineMax pays for a $50,000 life insurance and $50,000 AD&D policy for each team member. Company Paid Life Insurance only requires you to select the plan so you can assign your beneficiaries. Since this is provided at no cost to you, you are not able to decline Company Paid Life Insurance. Tobacco/Nicotine Users In order to encourage Team Members to be tobacco/nicotine free, MarineMax has implemented a Tobacco/Nicotine User Surcharge, premiums for Tobacco/Nicotine Users are higher. This surcharge is applicable to Team Members and eligible dependents. You will be asked to attest to whether or not you or your dependents are tobacco/nicotine users. If either you or your dependents are tobacco/nicotine users the increased premium will apply. A Non-Tobacco/Nicotine User is defined as you and your insured dependent(s) are tobacco/nicotine free and will remain tobacco/nicotine free throughout the entire plan year. Smoking and/or use of tobacco/nicotine products means use of cigarettes, cigars, chewing/pipe tobacco, or any product containing nicotine such as patches, gum, e-cigarettes, vape, etc.
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Medical Benefits The MarineMax Healthcare Plan is a Self-Insured Plan. Self-Insuring is an arrangement in which your employer funds all medical expenses and contracts with a Third Party Administrator (TPA) to provide administrative services and process claims for the group’s medical benefits plan. Being Self-Insured allows MarineMax the benefit of implementing the plan design and choosing benefit options that meet the needs of our team by having access to “best in class” services from multiple vendors. Most fully-insured plans offer “canned” programs which limit services and requires the employer to relinquish control of one of the most expensive components of their operation. There are numerous unique and innovative components to the MarineMax Healthcare Plan. We urge you to review this information carefully to ensure you get the best care at a reasonable cost.
2022-2023 Payroll Deductions 5/1/2022 through 4/30/2023
Non-Tobacco/ Nicotine Bi-weekly Rate
Team Member Only
$28.76
$14.38
$41.09
$20.55
Team Member & Spouse
$188.63
$94.32
$269.48
$134.74
Team Member & Children
$138.90
$69.45
$198.43
$99.23
Team Member & Family
$282.95
$141.48
$404.22
$202.11
Weekly Rate
Tobacco/ Nicotine User Bi-weekly Rate
Weekly Rate
The administrator of the MarineMax Healthcare Plan is Imagine360, formerly Group & Pension Administrators (GPA). Imagine360 provides all administrative services and processes all medical claims. Imagine360 also offers a number of other services to our team. These include:
Member Services and Nurse Navigator These services are available to all participants. Member Services will assist with health plan benefits, obtain medical records for appointments, research physician quality and credentials, locate provider options for medical services, schedule appointments, coordinate provider negotiations, provide guidance and education by a nurse, and provide continuous patient support. The contact information for Member Services is included on your insurance card. You will be directed to Nurse Navigator when needed. Imagine360 Member Portal This portal provides a streamlined, easy-to-navigate platform to access all of your health insurance information. View Link. You must provide your group number: #H870879 Imagine360 Mobile App This app puts the most popular online features at your fingertips.
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Medical Plan Summary
Annual Deductible*
Annual Out-ofPocket Maximum**
Team Member Only
$1,500
$5,100
Team Member & Spouse
$3,700
$7,750
Team Member & Children
$3,700
$7,750
Team Member & Family
$6,000
$11,450
Lifetime Maximum
Unlimited
Unlimited
Out-of-Pocket maximum includes deductible.
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Co-Pays
Amount
Primary Care Provider
$35
Specialist
$60
The 2022-2023 Summary of Benefits is available in the HR Jostle Library.
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Medical Benefits Imagine360, formerly ELAP Services – ERISA LIABILITY ASSURANCE PROGRAM. Imagine360 is a co-fiduciary of our Plan and it is their responsibility to ensure Plan Assets are appropriately managed. Imagine360 provides a Cost Plus Audit Program (Facility Charges) significantly reducing health care costs without impacting the quality of care. Imagine360 audits and reprices each facility (hospital, in/outpatient surgical centers) claim based on audit results and claim limits. Each claim is also audited for errors and unexpected or incorrect charges. All claims are processed through GPA. Claims are repriced applying the Cost Plus method in accordance with our plan. Claims are paid at the greater of: Hospital Cost to Provide Service + 12% OR The Medicare Rate + 20% Services are paid at a Cost Plus Margin Basis (Bottom-up) rather than a percentage off overinflated charges (Top-Down). To date, this plan has saved our company and you, our team members, several million dollars in medical costs. Should you receive a “balance bill” from a facility you are instructed to send it to Imagine360 as soon as possible.
DO NOT PAY ANY AMOUNT ABOVE THE AMOUNT ON YOUR EXPLANATION OF BENEFITS (EOB) RECEIVED FROM IMAGINE360
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Member
Imagine360
Facility
Member Receives Care at the Hospital
Your Hospital Bill is Audited and Paid by Imagine360
Facility Receives Payment
If Member Receives a “Balance Bill” – Send Directly to Imagine360
Imagine360 Defends you from “Balance Bill”
Imagine360, formerly ELAP Plus – Physician Claims MarineMax does not use a network of physicians, team members may see the physicians of their choice. All physician claims are also audited and repriced by Imagine360, and paid in accordance to the plan, reimbursement classifications are listed below. Physician Claims are paid using region-specific Medicare + reimbursement metrics. Reimbursement is determined by the classification of the provider: • Generalist (Primary Care) – Medicare + 40% • Specialist – Medicare + 55% • Anesthesiologist – Medicare + 100% • Labs, DME, Other – Medicare + 25% All claims are processed through Imagine360. Should you receive a “balance bill” from a provider, you are instructed to send it to Imagine360 as soon as possible. On average, less than 1% of claims are balance billed.
DO NOT PAY ANY AMOUNT ABOVE THE AMOUNT ON YOUR EXPLANATION OF BENEFITS (EOB) RECEIVED FROM IMAGINE360
Member
Imagine360
Facility
Member Receives Care from a Provider
Your Bill from the Provider is Audited and Paid by Imagine360
Doctor’s Office Receives Payment
If Member Receives a “Balance Bill” – Send Directly to Imagine360
Imagine360 Defends you from “Balance Bill”
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Medical Benefits In addition to typical medical coverage, MarineMax offers these innovative health solutions as part of the MarineMax Healthcare Plan. Many at no additional out of pocket.
KIS Imaging – A Diagnostic Imaging Program Before you or a covered family member are scheduled for an MRI, CT or PET scan, simply call: 888-458-8746 or GPA Member Services. KIS or Member Services will help you choose a provider from a national network of over 2,600 radiology centers, confirm your benefits, and schedule an appointment. By using KIS Imaging you will only be charged a $100 Co-Pay. You must schedule through KIS Imaging or Member Services to receive discounts. View Additional Information on Jostle.
Regenexx MarineMax Team Members and dependents enrolled in our healthcare plan are covered by Regenexx®, an alternative to orthopedic procedures. Regenexx invented the field of Interventional Orthopedics, a medical specialty that uses regenerative medicine, including stem cell and blood platelet procedures, to treat a broad range of orthopedic conditions. Regenexx provides innovative, non-surgical relief to repair damaged bone, cartilage, muscle, tendon, and ligament through outpatient procedures that prevent up to 70% of patients from continuing on to elective orthopedic surgery. Learn more about Regenexx and your benefits at: https://regenexxbenefits.com/marinemax
Virtual Physical Therapists (VPT) Virtual Physical Therapists offers direct access to a Physical Therapist, no referral or prescription required! TM
ZERO Co-Pay for members and dependents enrolled in the MarineMax Health Care Plan. Download the Virtual Physical Therapists app. Use password: MMax2021. All Physical Therapists are trained in a specific method of treatment which enables them to evaluate your problem by assessing your movement. View Additional Benefit Information on Jostle.
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UCM Digital Health Emergency Trained Providers at Your Fingertips! No Deductibles. No Co-Pays. No Waiting Rooms. No Problem! Watch how your employee concierge clinic works https://vimeo.com/206677187 We are proud to offer you UCM’s employee concierge clinic. We have partnered with UCM Digital Health to provide you access to Emergency Trained providers 24/7/365. These services can save you and your family’s valuable time and money by avoiding unnecessary trips to the doctor’s office, urgent care, and ER. You and your family (spouse & children under 26, even if you haven’t included them in the MarineMax Healthcare Plan), will have unlimited access to emergency trained, Board Certified, compassionate physicians via phone, secure video, email and text messaging. They can diagnose, treat, prescribe medications when appropriate, order labs/diagnostic imaging and make recommendations to the best specialists in the area if needed. You now have access to confidential mental health counseling and care coordinated through UCM’s telehealth program. This service is to help you manage your overall well-being and is available to you and your immediate family members for help with: alcohol and drug abuse, parenting and elder care, healthy living practices, PTSD, anxiety and depression, child and family issues, help dealing with change, and much more. UCM does not replace your Primary Care Provider for well visits or any specialist for a chronic illness/disease; however, for all other illness and injury, call UCM first. This service is available to all covered MarineMax team members at no cost. View Additional Benefit Information on Jostle.
Please be sure to download the SAM by UCM Mobile App as this is the best way to reach out for a consult whenever you need them. You can download the App and find out much more information on their website at www.goseesam.com
Medical Travel Option A U.S. managed treatment/surgical option located at Hospital CIMA in San Jose, Costa Rica. MTO provides the patient and their companion flights, hotel, drivers, physician, hospital coordination, surgery, recovery, physical therapy and return home care. There is no cost to the patient or their companion. Hospital CIMA benchmarks itself against commonly used U.S. standards and meets or exceeds them. CIMA is accredited by the Ministry of Health in Costa Rica whose standards are similar to those found in the U.S. Beyond that, CIMA is also accredited by the Joint Commission International, the international arm of the Joint Commission, which is the most common accrediting organization in the U.S.
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Medical Benefits Primal Force Dr. Sears was one of the first to be board-certified by the American Academy of Anti-Aging Medicine (A4M). More than 25,000 patients travel from all around the world to visit him at the Sears Institute for Anti-Aging Medicine in beautiful Royal Palm Beach, Florida. Dr. Sears’ Primal Force nutritional supplements provide support and preventable health solutions for a healthier you. The following are just some of the areas Primal Force products can help you with: • Anti-Aging
• Inflammation
• Blood Sugar
• Joint Health
• Brain & Memory
• Metabolism
• Daily Vitamins
• Prostate
• Diet & Fitness
• Sexual Potency
• Digestive Health
• Sleep
• Energy
• Vision
• Heart Heath
• Women’s Health
• Immunity As a MarineMax Team Member, you can receive up to a 50% discount on Primal Force Supplements. Enter the coupon code: HZO when you order supplements at https://primalforce.net
Cancer Care Navigation and Advocacy Services An innovative and independent cancer care management company offering professional guidance and advocacy services designed to support patients and their families throughout their cancer journey. Navigating the healthcare system can be overwhelming therefore, MarineMax has partnered with Beacon Advocates to support team members, at no cost to the team member. Trusted guidance when it is needed most. Whether you are a patient who has received a cancer diagnosis, or a caregiver to a cancer patient, Beacon Advocates can help you navigate a cancer experience with qualified oncology registered nurses and social workers. www.beaconadvocates.com/marinemax-team-program Phone: (855) 490-8777
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ViaCord ViaCord facilitates new parents with collecting and storing umbilical cord blood and tissue. When saved, cord blood is capable of nurturing life beyond pregnancy. Cord blood can also provide a potentially healing resource for your family’s future. Nearly 80 life-threatening diseases- from cancers to blood disease to immune disorders- can use cord blood stem cells in treatment. Cord tissue stem cells are showing great potential in regenerative medicine for the future treatment of medical conditions affecting cartilage, muscle, and nerve cells. There is no cost to the team member for the initial harvest, nor the first year’s storage.
ViaCord Offers Families: Confidence & Trust • An industry leader for 25 years and part of a global healthcare company, PerkinElmer • Over 350,000 units have been processed and stored at their state-of-the-art lab Proven Quality • The highest published transplant success rate – 88% at one year • Cord tissue cells are processed before cryopreservation – this method results eight times more cord tissue cells for families • ViaCord lab is FDA registered, CLIA certified and AABB accredited Innovation • The first family bank to store newborn stem cells in a 5-compartment bag, giving families more options and greater flexibility • Collaborator with Duke University Medical Center on the recently completed Phase I Clinical Safety Trial, which used a child’s own cord blood for Autism
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Medical Benefits Coming Soon to Your MarineMax Health Care Plan New Era in Skin Cancer Detection The DermTech Melanoma Test allows doctors to see beyond a biopsy with an accurate, non-invasive test. This is accomplished by lifting the cells gently off the surface of the mole or spot with a highly specialized smart sticker. Earlier Detection * Reliable Results* Non-invasive More information will be provided as soon as this is available to the team. For more information refer to www.dermtech.com
High Performance Providers High Performance Providers works with health plans, benefits advisors, care management, and administrators to deliver better health outcomes while reducing costs. We offer access to top-quality providers and bundled surgery pricing. We focus on healthcare solutions in the areas of bariatric surgery, orthopedics/sports medicine, total joint replacement, and women’s health services. Delivering Value – Value isn’t just lower prices, it’s higher quality services. Bundled Surgery Pricing – Includes facility, professional/surgeon, anesthesia, DME and ongoing post-op physical therapy with no hidden charges. Excellence is Priority – Vetted providers are held to the highest standards of quality care. The vision of High Performance Providers is to develop a win-win-win relationship between the three parties involved: • Patient - Receives better health outcomes and reduced financial obligation • Plan - Delivers better benefits for 30-50% less than traditional PPO network • Provider - Earns more with no pre-authorization or collections
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Pharmacy Benefits Pharmacy Benefits Included in the Medical Plan Prescription drugs are covered within the Medical Plan, Brand-name drugs have a combined annual deductible and out-of-pocket maximum with the medical benefits. The applicable cost share for covered Brand-Name drugs does apply after the deductible has been met. Generic Drugs have a co-pay, deductible is waived. The co-pay applies to the plan’s out-of-pocket match. Select Brand Name and Specialty Drugs must be obtained through the Prescription Drug Plan’s Specialty Pharmacy, or CanaRx if available.
Prescription Drug Card Retail (30-day supply)
Generic: $10 Co-pay Preferred Brand: 40% Co-pay Non-Preferred Brand: 50% Co-pay
Mail Order (90-day supply)
Generic: $20 Co-pay Preferred Brand: 40% Co-pay Non-Preferred Brand: 50% Co-pay
Specialty Drugs (30-day supply)
Generic: $10 Co-pay Preferred Brand: 40% Co-pay Non-Preferred Brand: 50% Co-pay
Diabetes Management Program • Diabetes maintenance medication and supplies paid at 100% for members actively engaged in Disease Management • Plan participants must maintain contact with GPA Care Coach every 3 months • Plan participants declining to participate will receive standard benefits under the Plan To explore or register – 800-843-6705.
Additional Source for Pharmacy CanaRx is a voluntary prescription drug program that is available to eligible team members and their dependents. This benefit provides a great opportunity to save $$ on your regular maintenance medications. All co-pays are waived for this program. CanaRx is an International Mail Order Program.
A complete list of eligible medications and ordering instructions can be found at www.marinemaxmeds.com
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PaydHealth PaydHealth is an additional alternative for the MarineMax team. It offers additional financial solutions for purchasing high-cost specialty drugs. PaydHealth utilizes drug manufacturer programs to secure medications at a reduced price, or at no cost to the member. PaydHealth has a team that will work to secure funding for medication not covered under the insurance plan. There are manufacturer programs for many high-cost medications (typically, drugs over $1,000.)
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Flexible Spending Accounts Flexible Spending Accounts (FSAs) allow you to set aside pre-tax payroll deductions to pay for out-of-pocket health care expenses such as deductibles, copays and coinsurance, and as dependent care expenses. Health Care Flexible Spending Accounts You can contribute up to $2,850 for qualified medical expenses with pre-tax dollars, which will reduce the amount of your taxable income. You can even pay for eligible expenses with an FSA debit card at the same time you receive them. You can pay for eligible expenses with you supplied FSA debit card, or submit a claim for reimbursement. Dependent Care Flexible Spending Account In addition to the Health Care FSA, you may opt to participate in the Dependent Care FSA as well—whether or not you elect any other benefits. The Dependent Care FSA allows you to set aside pre-tax funds to help pay for expenses associated with caring for elder or child dependents. Unlike the Health Care FSA, reimbursement from your Dependent Care FSA is limited to the total amount that is deposited in your account at that time. • With the Dependent Care FSA, you are allowed to set aside up to $5,000 to pay for child or elder care on a pre-tax basis. • Eligible dependents include children younger than the age of 13 and dependents of any age who are incapable of caring for themselves. • Expenses are reimbursable as long as the provider is not anyone considered your dependent for income tax purposes. • In order to be reimbursed, you must provide the tax identification number or Social Security number of the party providing care. Eligible Dependent Care Flexible Spending Account Expenses This account covers dependent day care expenses that are necessary for you and your spouse to work or attend school full time. The dependent must be a child younger than the age of 13 and claimed as a dependent on your federal income tax return or a disabled dependent who spends at least 8 hours a day in your home. Examples of eligible dependent care expenses are: • In-home Baby-Sitting Services (not by an individual you claim as a dependent) • Care of a preschool child by a licensed nursery or day care provider • Before- and After-School care • Day Camp • In-house dependent day care Due to federal regulations, expenses for a domestic partner or a domestic partner’s children may not be reimbursed under the Flexible Spending Account programs. Please check with your tax advisor to determine if any exceptions apply to you.
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How to Use the Account You may use your FSA debit card at locations such as doctor and dentist offices, pharmacies, and vision service providers. The card cannot be used at locations that do not offer services under the plan unless the provider has also complied with IRS regulations. Should you attempt to use the card at an ineligible location, the transaction will be denied. OR Once you incur an eligible expense, submit a claim form along with the required documentation. If you have any questions about reimbursement, contact Imagine360. Should you need to submit a receipt, you will be mailed a request from Imagine360. You should always keep a copy of your receipt for your records. General Rules and Restrictions In exchange for the tax advantages that FSAs offer, the IRS has imposed the following rules/restrictions for both the Health Care and Dependent Care FSAs: • Your expenses must be incurred during the 2022-2023 Plan Year (5/1/22 – 4/30/23). • Your funds cannot be transferred from one FSA to another. • You cannot participate in Dependent Care FSA and claim a dependent care tax deduction at the same time. • You must “use it or lose it”- any unused funds will be forfeited. • You cannot change your FSA election in the middle of the Plan Year unless you experience a Qualifying Life Event. While FSA debit cards allow you to pay for services at the point of sale, they do not remove the IRS regulations for substantiation. This means that you must always keep receipts and Explanation of Benefits (EOBs) for any debit card charges. 2 ½ Month Grace Period • FSA participants have an additional 2 ½ month grace period to incur expenses after the Plan Year ends 4/30/23. You have an additional 30 days to submit these claims. • The 2 ½ month grace period applies to both the Dependent Care and Health Care FSAs.
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Dental Benefits Routine preventative care such as regular dental checkups can help lower your risk of stroke and heart disease. MarineMax’s Dental coverage will keep your teeth and gums healthy and can provide you and your family affordable options for overall health. There are two plans available: Guardian Standard PPO and Guardian High PPO. Network Dentists Guardian’s in-network dentists have agreed to charge lower fees, which helps keep money in your pocket. If you choose to use a dentist who doesn’t participate in your plan’s network, your out-of-pocket costs will be higher, and you are responsible for any charges beyond Reasonable & Customary (R&C).
To find a network dentist visit www.guardiananytime.com or use the GuardianAnytime App.
Dental Premiums Premium contributions for dental will be deducted from your paycheck on a pre-tax basis. Your tier of coverage will determine your weekly or bi-weekly premium payment. Option 1 Guardian Dental Plans
Standard PPO Plan Bi-Weekly
Team Member Only
Option 2
Weekly
High PPO Plan Bi-Weekly
Weekly
$12.59
$6.30
$17.16
$8.58
Team Member & Spouse
$26.44
$13.22
$36.03
$18.01
Team Member & Children
$22.66
$11.33
$30.88
$15.44
Team Member & Family
$40.29
$20.14
$54.90
$27.45
Dental Plan Summary Dental plan benefits are available to you on a voluntary basis. The chart on the right gives a summary of the 2022-2023 Dental coverage provided by the Guardian Standard PPO and the Guardian High PPO.
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Guardian’s Maximum Rollover Plan Guardian will rollover a portion of your unused annual dental maximum into a Personal Maximum Rollover Account, which can be used in future years if your annual maximum is reached. Your annual maximum is the amount your dental insurance company will pay out towards your claims. If your annual maximum is $1,000 that is the most you will receive from your plan for the year. • Step 1: as long as you submit a claim during the plan year, a portion of any unused dental maximum goes into your Personal Maximum Rollover Account. • Step 2: This amount can be rolled over for use in the next year. • Step 3: You can use these funds in the future to pay for dental treatments.
Guardian Dental Benefit Summary on Jostle.
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Vision Benefits If you wear glasses or contacts, chances are you already have a steady appointment with an eye doctor. But even those with perfect eyesight should have their vision checked on a regular basis. To ensure that you and your family have access to quality vision care, MarineMax offers a comprehensive vision benefit provided by Superior Vision. Vision Premiums Premium contributions for vision will be deducted from your paycheck on a pre-tax basis. Your tier of coverage will determine your weekly or bi-weekly premium.
Superior Vision Plan
Bi-Weekly
Weekly
Team Member Only
$2.96
$1.48
Team Member & Spouse
$5.94
$2.97
Team Member & Children
$6.29
$3.15
Team Member & Family
$9.91
$4.95
Vision Plan Summary
.P
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View Superior Vision Plan Summary on Jostle.
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Survivor Benefits - Life Insurance Discussing what might happen to your family if you were not around to provide for them is never the easiest conversation, but it is necessary. Survivor benefits provide financial assistance in an absence and can help you plan for the unexpected. If you have life insurance, you can take comfort in knowing that those who depend on you will be provided for. Basic Life and Accidental Death and Dismemberment (AD&D) Insurance Life and AD&D benefits are essential to the financial security of you and your family. As such, it is important to understand how your plan works and what benefits you will receive. Basic Life and AD&D benefits are provided to you as part of your basic coverage. MarineMax provides Team Members with Basic Life and AD&D insurance through Lincoln Financial Group which guarantees that loved ones, such as a spouse or other designated survivor(s), receive benefits upon your death. Your Basic Life and AD&D insurance benefits is $50,000. If you are a full-time Team Member, you automatically receive Life and AD&D coverage even if you elect to waive other coverage. Beneficiary Designation A beneficiary is the person you designate to receive your Life insurance benefits in the event of your death. This includes any benefits payable under the Basic Life offered by MarineMax. It is important that your beneficiary designation is clear so there is no question as to your intentions. It is also important that you name a primary and a contingent beneficiary. When naming your beneficiary(ies), please indicate their full name, address, social security number, relationship, date of birth and distribution percentage. If the beneficiary is not legally related, insert the words “not related” in the relationship field. If you name more than one beneficiary with unequal shares, please show the amount of insurance to be paid to each beneficiary. See the chart below for example.
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Primary
Contingent
Mary Doe, Wife (50%)
John Doe, Son (50%)
Jane Doe, Daughter (25%)
Jane Doe, Daughter (50%) OR
John Doe, Son (25%)
Estate of the Insured (100%)
Life and AD&D Insurance Eligible Team Members may also purchase Supplemental Life and AD&D for themselves and their families. Premiums are paid through post-tax deductions. Voluntary Term Life — Paid by You: Eligibility: Active, full-time Team Members of MarineMax regularly working a minimum of 30 hours per week. Eligibility Waiting Period: You are eligible for benefits on the first of the month following 60 days of full-time employment.
Team Member
Spouse* (Up to Age 70) Dependent Children**
Benefit Amount
Units of $10,000
Guaranteed Coverage Amount
$150,000
Maximum
The lesser of 5 times salary or $500,000
Benefit Reduction Schedule
Benefits will reduce to 65% at age 65 and 50% at age 70
Benefit Amount
Units of 10,000
Guaranteed Coverage Amount
50,000
Maximum
50% of the Team Member’s Voluntary Life Insurance amount
Maximum per Child
$10,000
Benefit Amount
Units of $2,000
Spouse is eligible provided that you apply for, and are approved for coverage for yourself. Under age 19 (or under 25 if they are full-time students), as long as your apply for and are approved for coverage for yourself. Premium includes ALL eligible children.
*
**
How Much Your Voluntary Life Coverage Will Cost Per Month: Age
Team Member & Spouse Cost per $1,000
< 30
$0.08
30 - 34
$0.09
35 - 39
$0.105
View Basic Life and AD&D Benefit Summary on Jostle.
40 - 44
$0.125
View Voluntary Life Insurance Benefit Summary on Jostle.
45 - 49
$0.22
50 - 54
$0.315
55 - 59
$0.615
60 - 64
$0.84
65 - 69
$1.40
70 +
$2.63
75 +
$4.80
Children
$0.12
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Income Protection Benefits MarineMax offers disability coverage to protect you against an unfortunate or debilitating accident or illness. This insurance protects a portion of your income until you can return to work, or until you reach retirement age. Short Term Disability (STD) Insurance Short Term Disability (STD) benefits are available to you on a voluntary basis. STD insurance protects a portion of your income if you become disabled for a short period of time. It replaces 60% of your income up to a maximum weekly benefit of $1,000. You must be sick or disabled for a period of 7 days before you can receive benefits, and payments may last up to 180 days. Certain exclusions, along with pre-existing conditions, may apply. Please refer to the Summary Plan Description for details. Short Term Disability (STD) Insurance Coverage - Paid by You Eligibility: Active, full-time Team Members of MarineMax regularly working a minimum of 30 hours per week. Eligibility Waiting Period: You are eligible for benefits on the first of the month following 60 days of full-time employment.
Weekly Benefit Elimination Period Benefit Duration
Benefit Amount: Up to 60% of your weekly coverage earnings Maximum: $1,000 per week You must be continuously disabled for 7 days from accident or 7 days from sickness. Once you qualify for benefits under this plan, you continue to receive them until the end of the 25 week benefit period, or until you no longer qualify for benefits, whichever occurs first.
How Much Will STD Coverage Cost?
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Age
Rate per $10 of weekly benefit
< 25
$0.264
25 - 29
$0.345
30 - 34
$0.293
35 - 39
$0.314
40 - 44
$0.352
45 - 49
$0.448
50 - 54
$0.597
55 - 59
$0.774
60 - 64
$0.886
65 - 69
$0.886
70 +
$0.886
75 +
$0.886
View STD Benefit Summary on Jostle.
Long Term Disability (LTD) Insurance Long Term Disability (LTD) is available to you on a voluntary basis. LTD insurance protects a portion of your income if you become disabled for a period of time. This insurance replaces 60% of your income up to a maximum of $8,000 per month. You must be sick or disabled for a period of 180 days before you can receive a benefit payment. Payments will last for as long as you are disabled or until you reach your Social Security Normal Retirement Age, whichever is sooner. Certain exclusions, along with pre-existing conditions, may apply. Please refer to the Summary Plan Description for details. Long Term Disability (LTD) Insurance Coverage - Paid by You Eligibility: Active, full-time Team Members of MarineMax regularly working a minimum of 30 hours per week. Eligibility Waiting Period: You are eligible for benefits on the first of the month following 60 days of full-time employment. Monthly Benefit
Benefit Amount: Up to 60% of your monthly covered earnings
(Non-Executive/Director)
Maximum: $8,000 per month
Monthly Benefit
Benefit Amount: Up to 60% of your monthly covered earnings
(Executive/Director)
Maximum: $12,000 per month
Benefit Duration
Until SSNRA Social Security normal retirement age
How Much Your Voluntary LTD Coverage Will Cost Per Month: Age
Rate per $100 of covered payroll
< 25
$0.114
25 - 29
$0.143
30 - 34
$0.190
35 - 39
$0.147
40 - 44
$0.399
45 - 49
$0.589
50 - 54
$0.893
55 - 59
$1.169
60 - 64
$1.169
65 - 69
$1.169
70 +
$1.169
75 +
$1.169
View LTD Benefit Summary on Jostle. View LTD Executives & Directors Benefit Summary on Jostle. How to Create an Evidence of Insurability (EOI).
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Additional Benefits Additional Benefits Provided by Lincoln Financial Group with the MarineMax Provided Life Insurance EmployeeConnectSM Offers professional, confidential services to help you and your loved ones improve your quality of life. Employee Assistance Program Services Confidential help 24 hours a day, 7 days a week for employees and their family members. Get help with: Family | Parenting | Addictions | Emotional | Legal | Financial | Relationships | Stress EmployeeConnectSM counselors are experienced and credentialed. When you call the toll-free line, you’ll talk to an experienced professional who will provide counseling, work-life advice and referrals. All counselors hold master’s degrees, with broad-based clinical skills and at least three years of experience in counseling on a variety of issues. For face-to-face sessions, you’ll meet with a credentialed, state-licensed counselor.
For more information about the program, visit www.GuidanceResources.com Download the GuidanceNowSM mobile app or call (888) 628-4824 GuidanceResources.com login credentials: Username: LFGSupport Password: LFGSupport1
TravelConnect is a comprehensive program that can bring help, comfort, and reassurance if you face a medical emergency while traveling 100 or more miles from home, whether traveling for business or leisure. You and your loved ones can count on TravelConnect for responsive and caring support—24 hours a day, 7 days a week. You can count on TravelConnect services to: Coordinate and provide transportation from an initial medical facility that cannot adequately treat the patient due to their condition. Coordinate travel and airfare for your dependent children. This includes the services, transportation expenses, and accommodations of a qualified escort. TravelConnect will also coordinate and pay for a safe evacuation due to natural disaster, or when a political or security threat occurs.
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Additional Benefits Medical Care and Travel Services Recovery Assistant services include, but are not limited to: • Emergency pet boarding • Return of traveling companion • ID Recovery assistance • Vehicle return • Emergency travel arrangements • Lost or stolen travel documents • Language translation services • Medical and dental referrals • Corrective lens and medical device replacement • Medication and vaccine delivery • Evacuation coordination for an emergency security or political event, or natural disaster • Destination information For a complete list of TravelConnect services, go to www.mysearchlightportal.com and enter your group ID: LFGTravel123
No matter how well you plan, unexpected challenges will arise. When they do, help and support are nearby – thanks to LifeKeys® services from Lincoln Financial Group. LifeKeys® services include: Save Money on Shopping and Entertainment You have access to GuidanceResources® Online that includes 24/7 access to the Working Advantage discount network. You can save up to 60% on a variety of products and services, such as electronics, health and fitness, Broadway shows and much more. Also available in the GuidanceNow mobile app. Help with Important Life Matters You’ll find supportive tools and advice on a wide range of topics—including legal, financial, family, and career on GuidanceResources® Online. It’s one way to stay “in the know” on matters that impact your personal and professional life. Protection Against Identity Theft Identity theft is widespread, and everyone is vulnerable. LifeKeys includes an online resource for the information you need to recognize and prevent identity theft—and restore your good name. Guidance and Support for your Beneficiaries LifeKeys’ comprehensive program offers resources to help your loved ones address a range of common concerns. Services include grief counseling, advice on financial and legal matters, and help coping with the occasional challenges of day-to-day life. 32
For your Beneficiaries: Help, Guidance, and Support at a Difficult Time The emotional impact of losing a loved one can be deep and long-lasting. All too often, financial or legal issues can add to the stress. LifeKeys® services can be a welcome resource for your beneficiaries. These services are available for up to one year after a loss. Your beneficiaries will have access to six in-person sessions for grief counseling, legal, or financial information and unlimited phone counseling. Grief Counseling—Advice, Information and Referrals on: • Grief and loss • Stress, anxiety and depression • Memorial planning information • Concerns about children and teens Legal Support—Quick Access to Legal Information on: • Estate and probate law • Real estate transactions • Social Security survivor and child benefits • Important documents your beneficiaries need Financial Services—Online Resources or Advice from Financial Specialists on: • Estate planning • Budgeting • Overcoming debt • Bankruptcy • Investments Help with Everyday Life—Comprehensive Information on: • Planning a memorial service • Finding child care or elder care • Financing your home • Moving and relocation • Making major purchases It’s easy to access LifeKeys® services. Just visit www.guidanceresources.com Download the GuidanceNow mobile app, or call 1 (855) 891-3684. First time user, enter web ID: LifeKeys
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Allstate Supplemental Benefits Allstate Critical Illness No one is ever really prepared for a life-altering critical illness diagnosis. The whirlwind of appointments, tests, treatments, and medications can add to your stress levels. The treatment to recovery is vital, but it can also be expensive. Your medical coverage may only cover some of the costs associated with treatment. You’re still responsible for deductibles and coinsurance. If treatment keeps you out of work, the financial worries can grow quickly and stress levels may rise. Critical Illness coverage helps provide financial support if you are diagnosed with a covered critical illness or infectious disease. With the expense of treatment often high, seeking the treatment you need may create a financial burden. When a diagnosis occurs, you need to be focused on getting better and taking control of your health, not stressing over financial worries. Here’s How It Works You choose benefits to protect yourself and any family members if diagnosed with a critical illness. Then, if diagnosed with a covered critical illness, you will receive a cash benefit based on the percentage payable for the condition. Meeting Your Needs • Guaranteed Issue, meaning no medical questions to answer at initial enrollment • Coverage available for individual, individual and children, individual and spouse, and family • Covered dependents receive 50% of your Basic-Benefit Amount • Benefits paid regardless of any other medical or disability plan coverage • Premiums are affordable and conveniently payroll deducted • Coverage may be continued; refer to your certificate for more details • 100% of your Basic-Benefit Amount is paid for Advanced Alzheimer’s disease and Advanced Parkinson’s disease
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Critical Illness Benefits
Option 1
Option 2
Heart Attack (100%)
$10,000
$20,000
Stroke (100%)
$10,000
$20,000
End Stage Renal Failure (100%)
$10,000
$20,000
Major Organ Transplant (100%)
$10,000
$20,000
Coronary Artery Bypass Surgery (25%)
$2,500
$5,000
Wavier of Premium (Employee Only)
Yes
Yes
Cancer Critical Illness Benefits
Option 1
Option 2
Invasive Cancer (100%)
$10,000
$20,000
Carcinoma in Situ (25%)
$2,500
$5,000
Reoccurence of Critical Illness Benefits
Option 1
Option 2
Initial Critical Illness (Same Amount as Initial Critical Illness Benefit)
Yes
Yes
Yes
Yes
Rider Benefits
Option 1
Option 2
Supplemental Critical Illness Rider
$10,000
$20,000
Advanced Alzheimer’s Disease (100%)
$10,000
$20,000
Advanced Parkinson’s Disease (100%)
$10,000
$20,000
Benign Brain Tumor (100%)
$10,000
$20,000
Coma (100%)
$10,000
$20,000
Complete Loss of Hearing (100%)
$10,000
$20,000
Complete Loss of Sight (100%)
$10,000
$20,000
Complete Loss of Speech (100%)
$10,000
$20,000
Paralysis (100%)
$10,000
$20,000
Specified Condition and Infectious Disease Rider (25%)
$2,500
$5,000
Bone Marrow or Stem Cell Transplant (25%)
$2,500
$5,000
Fixed Wellness Rider (Per Year)
$50
$50
Cancer Critical Illness (Same Amount as Cancer Critical Illness Benefit)
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Allstate Supplemental Benefits Attained Age Premiums Bi-Weekly Option 1 – $10,000
Tobacco
Non-Tobacco
Tobacco Class
Attained Age
EE/EE + CH
EE + SP/F
EE/EE + CH
EE + SP/F
18-24
$0.92
$1.60
$1.42
$2.32
25-29
$1.16
$1.94
$1.88
$3.02
30-34
$1.54
$2.52
$2.64
$4.16
35-39
$2.18
$3.50
$3.94
$6.10
40-44
$3.00
$4.72
$5.56
$8.56
45-49
$4.16
$6.46
$7.88
$12.04
50-54
$5.70
$8.76
$10.96
$16.64
55-59
$7.54
$11.50
$14.62
$22.14
60-64
$10.70
$16.26
$20.96
$31.64
65-69
$14.96
$22.64
$29.48
$44.42
70-74
$20.42
$30.86
$40.42
$60.84
75-79
$26.20
$39.50
$51.94
$78.14
80+
$37.62
$56.64
$74.82
$112.42
18-24
$1.04
$1.78
$1.64
$2.68
25-29
$1.28
$2.12
$2.12
$3.40
30-34
$1.90
$3.06
$3.34
$5.24
35-39
$2.88
$4.54
$5.32
$8.18
40-44
$4.06
$6.28
$7.66
$11.70
45-49
$6.04
$9.28
$11.66
$17.68
50-54
$8.78
$13.38
$17.12
$25.90
55-59
$11.94
$18.12
$23.44
$35.36
60-64
$17.18
$25.98
$33.94
$51.10
65-69
$24.30
$36.66
$48.18
$72.46
70-74
$32.96
$49.64
$65.46
$98.40
75-79
$40.66
$61.20
$80.90
$121.54
80+
$55.14
$82.92
$109.84
$164.98
EE = Employee; EE + SP = Employee + Spouse EE + CH = Employee + Child(ren); F = Family
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Option 2 – $20,000
Allstate Group Accident Even when you live well, accidents can happen. Treatment can be vital to recovery, but it can also be expensive. If an accident keeps you away from work during recovery, the financial worries can grow quickly. Most medical insurance plans only pay a portion of the bills. Allstate coverage can help pick up where other coverage leaves off and provide cash to help cover expenses. How It Works Allstate coverage pays you cash benefits that correspond with a variety of covered occurrences, such as dislocation, fracture, ambulance, and more. The cash benefit can be used to help pay for deductibles, treatment, household expenses, etc. You decide how to use the cash benefits! Benefit Amounts
Click here for the full brochure and rates on Jostle.
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Allstate Supplemental Benefits Allstate Group Hospital Indemnity Expenses associated with a hospital stay can be financially difficult if money is tight and you are not prepared. But having the right coverage in place before you experience a sickness or injury can help eliminate your financial concerns and provide support at a time when it is needed most. Allstate Benefits offers a solution to help you protect your income and empower you to seek treatment. Here’s How It Works Our Hospital Indemnity insurance pays a cash benefit for hospital confinements. This benefit is payable directly to you, and you decide how to utilize the cash benefits. It is increasingly important to not only protect your finances if faced with an unexpected illness, but also to empower yourself to seek the necessary treatment. Meeting Your Needs • Guaranteed Issue coverage – meaning no medical questions to answer • Coverage also available for your dependents • Premiums are affordable and are conveniently payroll deducted • Coverage may be continued if your employment ends; refer to your certificate for more details With Allstate Benefits, you can feel assured that you have the protection you need if faced with a hospitalization. Using your Cash Benefits—You Decide How to Use Them.
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Benefit Amounts
EE
EE + SP
EE + CH
F
Plan 1
$7.26
$17.44
$12.55
$19.33
Plan 2
$14.90
$35.62
$25.74
$39.52
Allstate Group Hospital Indemnity Brochure. Allstate Group Hospital Indemnity Rates.
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MarineMax 401(k) Profit Sharing Plan It’s never too early—or too late—to start planning for your retirement. Making contributions to a 401(k) account is the first step toward achieving financial security later in life. The MarineMax 401(k) Profit Sharing Plan provides you with the tools and flexibility you need to retire comfortably and securely. Eligible Team Members can invest for retirement while receiving certain tax advantages. MarineMax will match 50% of your contribution up to the first 6% you contribute. Administrative and record-keeping services for this plan are provided by Empower. Eligibility You may start making pre-tax contributions into the plan 90 days after your date of hire. You must also be at least 18 years of age to be eligible. MarineMax will auto-enroll you in the MarineMax 401(k) Profit Sharing Plan at 3% after you have completed 90 days. You will have the opportunity to “opt-out” of the plan, prior to auto enrollment. Contributing to the Plan Deferred contributions are based on a percentage of your gross earnings. Deferred contributions to the plan are not to exceed plan limits set by the IRS. The limit for 2022 is $20,500.00. Catch-Up Contributions If you are or will be 50 years of age during this calendar year (or older) and you already contribute the maximum allowed to your 401(k) account, you may also make a “catch-up contribution.” This additional deposit of funds accelerates your progress towards your retirement goals. The maximum catch-up contribution is $6,500. See your plan administrator for more details. Changing or Stopping Your Contributions You may change the amount of your contributions at any time. All changes will become effective as soon as administratively feasible and will remain in effect until you modify them. You may also discontinue your contributions at any time. Once you stop making contributions, you may start again at any time. Visit the Empower website at: www.empower.com Consolidating Your Retirement Savings If you have any existing qualified retirement plan (pre-tax) with a previous employer, you may transfer or roll over that account into the plan at any time. To initiate a rollover into your Plan, contact Empower at 844-465-4455 for details. Vesting Schedule Years of Service:
1
2
3
4
5
6
Vested Percentage:
0%
20%
40%
60%
80%
100%
Example: If you leave the company after three years, you will receive 40% of the contributions MarineMax has made to your account. 40
MarineMax Employee Stock Purchase Plan (ESPP) The ESPP is a benefit that MarineMax is pleased to offer to our team members. The purpose of this benefit is to allow participants to purchase stock in our company—become an owner—at a significant discount of at least 15%. Here’s how the plan works: Team Members are eligible if they have met the one-year eligibility period. There are two enrollment periods each year: April 1 and October 1. Participants can contribute from 1% to 10% of their post-tax income to the ESPP. The deduction is taken out through payroll each payroll for 6 months. In this case, if a Team Member signs up beginning October 1, deductions will be taken through the last payroll in March. The money that’s taken out of the team member’s check is set-aside for them and is not interest-bearing. At the end of the six-month period, we take a look at the stock price on the first day that the team member participated (10/1/20 in this case) and the last day (3/31/21 in this case). Whichever day’s market price is lower, that’s the price that we use. Here’s a real example: Let’s say that the stock price on 10/1/20 is $17/share and the stock price on 3/31/21 is $20/share. What we’ll do is take all the money that the participant had deducted from their paychecks during the six-month period and using the lower price of $17, take 15% off that price which would be $14.55 and purchase as many shares as we can with the money that they’ve contributed. So, in this example, you can see that participants will be purchasing $20 shares of stock for $14.55. This is quite a deal! There are some restrictions on this plan: 1. This is an “all or nothing” benefit. What that means is that a Team Member must contribute the entire six-month period or not at all. 2. If a Team Member starts contributing 10/1, s/he can get their money back dollar for dollar if they desire up until five days before the purchase (3/26 in the above example). 3. If a Team Member leaves MarineMax at any point during the six-month period, s/he will be refunded any contributions made during the six-month period and they will not receive stock. 4. Shares purchased through the ESPP will be placed in an account that you establish at Raymond James. Accounts can be accessed at https://wallstreet.rjf.com/. Account forms are provided. 5. The maximum dollar amount that a Team Member can purchase each year through the ESPP is $25,000 in stock at the market price. The maximum dollar amount of payroll deductions that can be used for the combined 3/31 and 9/30 purchase each year is $21,250. 6. Shares purchased are restricted from sale for one year from the date of purchase.
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Time Away From Work Paid Time Off* Vacation, Sick Pay, Personal Days Paid Time Off (PTO) is available for relaxation, illness, or to attend to personal needs — giving you more choice on how you use your time. Team Members begin earning PTO on their start date; however, cannot use PTO until they have completed their Introductory Period. Full PTO time is only available to full-time Team Members who work an average of 30 hours a week or more. Regular part-time team members that work a minimum of 20 hours per week, and have successfully completed the probationary period are eligible for one half the PTO benefits of a full-time team member. PTO is Granted at the Following Rate: ½ day per month earned beginning the date of hire (total of Year One
up to 6 days to be used prior to December 31 of year in which hired). Earned PTO can be used after successful completion of 60 days
Granted on January 1 after year of hire
8 days /64 hours
Granted on January 1st after 1 and 2 years of service
10 days /80 hours
Granted on January 1st after 3 years of service
12 days /96 hours
Granted on January 1st after 4-8 years of service
15 days /120 hours
Granted on January 1st after 9 or more years of service
20 days /160 hours
st
PTO is not a vested benefit, which means it is available for use only while employed by MarineMax. PTO is not paid upon termination unless required by state or local law. PTO must be used during the calendar year or it is forfeited, unless state or local law mandates otherwise. PTO must be used for any leave or absence prior to a Team Member requesting unpaid leave. PTO must be approved by your manager and when possible, requested at least two weeks in advance. Team Members must request PTO through UKG (formerly UltiPro). Keep in mind that if you use PTO that has not been scheduled in advance, you harm the operations of your department because your manager has not had time to make the necessary arrangements needed to cover your position. Our business can be highly seasonal, thus your PTO requests should be consistent with our business cycle. Additionally, due to seasonable demands, some MarineMax locations do not permit scheduled PTO during peak times. MarineMax can reject a Team Member’s request for PTO in its sole and absolute discretion. An unscheduled absence must be reported to your manager as soon as you realize you will not be coming to work. Absences must be reported within one hour of your scheduled starting time. Failure to report an absence within these guidelines may result in disciplinary action, up to and including termination.
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MarineMax is also pleased to provide paid time for holidays, funeral attendance, jury duty, and military leave. Team Members who have completed their 60-day Introductory Period and work an average of 30 hours per week or more are eligible for these benefits. Regular part-time team members are eligible for holiday at the rate of one half the amount provided to full-time team members, once they have successfully completed their 60-day Probationary Period Providing they work a minimum of 20 hours per week. Holidays MarineMax provides seven paid holidays per year. These dates vary based on region and/or location, so please check with your manager for your location’s holiday schedule. For those Team Members who work on a Company-provided holiday, you will be paid straight time and will have the opportunity to take a day off with pay in the future, or dependent upon your location or region’s needs, you may be paid for the holiday in addition to the straight time earned. Team Members who have an unscheduled absence the day before or the day after a holiday will not be paid for the holiday. Funeral Pay In the event of a death in your family, you are given leave appropriate for the circumstances. For extended family (including aunts, uncles, and cousins) and non-relatives, PTO may be used. For immediate family members, up to three days outside of the PTO program will be granted. These three days must be consecutive and one day must be the day of the funeral. The immediate family is defined as your or your spouse’s: • Child, sibling or, spouse • Parent, stepparent, or legal guardian • Grandchild or grandparent Jury Duty Team Members are to notify their manager promptly both upon receipt of a jury summons and upon subsequent notice of selection to serve as a juror. Team Members so required to provide this civil service will receive their regular rate of pay for normal hours worked, for the actual time in the courtroom or in deliberations, up to a maximum of eight (8) hours per day, a maximum of forty (40) hours per week, and a maximum of two (2) weeks for this occasion of absence, provided the Team Member submits evidence of the summons, selection notice, and verification of time in the courtroom or in deliberations to the Team Member’s manager. Paid absences for jury duty must be so noted on the Team Member’s time sheet, if applicable, by the manager for each pay period in which this form of absence occurs. Team Members who are required to be in court or any other legal setting for any reason other than jury duty must use Paid Time Off or request time off without pay if no PTO is available.
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Time Away From Work Voting Time Most polling places are open both before and after working hours. It should not be necessary to miss work in order to vote. In the event that missing work is necessary, you may use PTO, or you may receive compensation depending on your state’s laws. In some cases, you may be able to make up the missed time. See your manager if you wish to explore this option. Military Leave MarineMax Team Members are entitled to time off for certain types of active or inactive duty in the National Guard or as a Reserve of the Armed Forces and may be entitled to pay. Any full team member time or permanent part-time team member is entitled to military leave. 1. Inactive Duty Training is authorized training performed by members of a Reserve or National Guard component not on Active Duty. It is performed in connection with the prescribed activities of the Reserve or National Guard. It consists of regularly scheduled unit training periods, additional training periods, and equivalent training. 2. Eligible team members may use 10 days per year for Active Duty, Active Duty Training, and Inactive Duty Training. 3. A team member will only be paid military leave pay for the hours/days that the team member would otherwise have worked and received pay. 4. When the team member requests military leave, they must make an appropriate request and provide copies of their military orders. 5. Team members should reach out to Human Resources to begin the military leave process.
MarineMax T.R.I.P. Program MarineMax is pleased to provide graduates of Marine Mechanics Institute (MMI) and other accredited marine mechanic programs a tuition reimbursement program referred to as T.R.I.P. (Tuition Reimbursement Incentive Program.) Upon completion of your 60-day Introductory Period, MarineMax will reimburse the Team Member a pre-established amount through payroll to be used toward paying off the Team Member’s student loan(s.) Please see the full Tuition Reimbursement Incentive Program Rules or contact the Human Resources Manager.
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Glossary of Terms Balance Bill: A bill from a provider charging you amounts not eligible to be paid. Note: If received, send to Imagine360 as soon as possible. Coinsurance: The percentage of the costs of a covered health care service or prescription drug you pay after you’ve paid your deductible. Remember, you pay 100 percent of the full allowed amount until you meet your deductible. Copayment (Co-pay): The amount you pay to a healthcare provider at the time you receive services. You may have to pay a copay for each covered visit to your doctor, depending on your plan. Covered Service: A healthcare provider’s service or medical supplies covered by your health plan. Benefits will be given for these services based on your plan. Deductible: The amount you pay for most covered services before your health plan starts to pay. The deductible resets at the beginning of the calendar year or when you enroll in a new plan. Dependent: An eligible person, other than the member (generally a spouse or child), who has health care benefits under the member’s policy. Exclusions: Specific medical conditions or circumstances that are not covered under a health care plan. Explanation Of Benefits (EOB): An EOB is created after a claim payment has been processed by your health care plan. It explains the actions taken on a claim such as the amount that will be paid, the benefit available, discounts, reasons for denying payment, and the claims appeal process. EOBs are available both as a paper copy and online. Generic Drug: A prescription drug that is the generic equivalent of a brand-name drug listed on your health plan’s formulary and costs less than the brand-name drug. Inpatient Services: Services received when admitted to a hospital and a room and board charge is made. Non-covered Charges: Charges for services and supplies that are not covered under the health plan. Outpatient Services: Services that do not need an overnight stay in a hospital. These services are often provided in a doctor’s office, hospital, or clinic. Out-Of-Pocket Maximum: The most you have to pay for covered services in a plan year. After you spend this amount on deductibles, copays, and coinsurance, your health plan pays 100 percent of the costs of covered benefits. The out-of-pocket maximum doesn’t include your monthly premium payments or anything you spend for services your plan doesn’t cover. Urgent Care Provider: A provider of services for health problems that need medical help right away but are not emergency medical conditions.
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Important Contacts Below is a full list of important contacts: Imagine360, formerly Group & Pension Administrators (GPA)
800-257-7223
www.gpatpa.com
Member Services/Nurse Navigator
800-827-7223 | 972-238-7900
memberservices@gpatpa.com
ProAct
877-635-9545
proact.com
CanaRx
866-893-6337
www.marinemaxmeds.com
Group# H870879
Medical Travel Option (MTO)
@ Imagine360 or Human Resources
Regenexx
855-855-6527
www.regenexxbenefits.com/marinemax
UCM Digital Health
844-484-7362
www.goseesam.com
800-877-7381
www.elapservices.com
888-458-8746
www.onecallcm.com
800-627-4200
www.guardiananytime.com
800-507-3800
www.superiorvision.com/members
Allstate
800-521-3585
www.allstatebenefits.com/mybenefits
Lincoln Financial Group
800-423-2765
www.lincolnfinancial.com
Imagine360, formerly ERISA Liability Assurance Program (ELAP) KIS Imaging Guardian Dental Policy# G00549210 Superior Vision Group# DM0901680007
Virtual Physical Therapy
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Contact Member Services
www.virtualphysicaltherapists.com
Required Notices Below is a full listing of all Benefit Notices. These notices are available in the MarineMax Jostle Library. 1. Health Insurance Exchange Notice 2. Aviso de Intercambio de Seguros de Salud 3. Notice of Special Enrollment Rights 4. Notice of Privacy Practices 5. Noticia de Practicas de Privacidad 6. Women’s Health and Cancer Rights Act (WHCRA) Notices 7. Mental Health Parity and Addiction Equity Act (MHPAEA) Disclosure 8. Employer’s Children’s Health Insurance Program (CHIP) Notice 9. Programa de Seguro de Salud para Ninos del Empleador (CHIP) 10. Newborns’ and Mothers’ Heath Protection Act Notice 11. Medicare Part D Credible Coverage Notice 12. Genetic Information Nondiscrimination Act (GINA) Disclosures 13. General Notice of COBRA Rights 14. Modelo de aviso general de los derechos de le cobertura de continuacion de COBRA 15. USERRA Notice 16. FMLA Notice
View Required Notices on Jostle.
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