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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