Tri-County Electric Cooperative, Inc. Annual Open Enrollment Guide.

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Transcript of Tri-County Electric Cooperative, Inc. Annual Open Enrollment Guide.

Tri-County Electric Cooperative, Inc.

Annual Open Enrollment Guide

Today’s Presentation

This is the one time of year when you can update and change your benefits plans without a “life-event”.

Today we will guide you through the enrollment process for Medical Insurance and Dental Insurance.

What is Open Enrollment

This is the one time of year when you can update and change your benefits plans without a “life-event”.

“Open” means any Eligible Employee may begin participation regardless of past coverage.

These plans include:

Medical Plan

Dental Plan

Get The Most Out of Your Benefits

This is a good time to:

Check your coverage amounts

Add or reduce coverage

Review and if Necessary change your beneficiaries

Life and Accident Insurances – Whoever you choose

Add or remove covered family members

Which guide would you like to view?

Dental Insurance Medical Insurance

Dental Insurance Coverage

Your Dental insurance coverage will be will be supplied by;

Starting January 1, 2012

Your CostEmployees will be responsible for the following amounts deducted from each paycheck based on the level you choose;

Low Option Dental Coverage;

Employee Only - $18.50 Per Pay PeriodEmployee and Spouse - $28.35 Per Pay PeriodEmployee and Children - $38.30 Per Pay PeriodEmployee and Family - $73.20 Per Pay Period

High Option Dental Coverage;

Employee Only - $25.62 Per Pay PeriodEmployee and Spouse - $34.28 Per Pay PeriodEmployee and Children - $44.50 Per Pay PeriodEmployee and Family - $94.64 Per Pay Period

What to Turn InIn order to ensure your Dental Insurance begins on January 1, 2012 you must have the following forms;

o Form #1002 – Dental Insurance Election

o Form #1005 – Dental Insurance Dependent Information

o Form #1022 – Payroll Authorization Form - Dental

Forms must be turned in to Human Resources by November 22, 2011!

Important Numbers

Call Cigna Customer Care at 866-494-2111

If you need help changing your benefits or using the website, contact your benefits administrator, Rich Kilar at ext. 165, or Chris Griffith at ext. 166.

Medical Insurance Coverage

Your Medical insurance coverage will be will be supplied by;

Starting January 1, 2012

The Good News!

The Board of Directors has elected to postpone second phase of increase for 2012. Board recognized hard work employees did in trying to control claim costs.

Cost for coverage will not increase this year. The employee’s share will be the same as last year. Those with Employee and Spouse Coverage will pay $20.20 per month and those employees with Employee & Family Coverage will pay $95.90 per month.

Your Cost

Employees will be responsible for the following amounts deducted from each paycheck based on the level you choose;

Employee Only - No CostEmployee & Spouse - $10.10 Per Pay PeriodEmployee & Children - No CostEmployee & Family - $47.95 Per Pay Period

What to Turn In

In order to ensure your Medical Insurance begins on January 1, 2012 you must have the following forms;

o Form #1012 – Medical Insurance Election Form

o Form #1015 – Medical Insurance Dependent Information

o Form #1044 – Payroll Authorization Form - Medical

Forms must be turned in to Human Resources by November 22, 2011!

Important Numbers

Call Cigna Customer Care at 866-494-2111

If you need help changing your benefits or using the website, contact your benefits administrator, Rich Kilar at ext. 165, or Chris Griffith at ext. 166.

Thank You Very Much!

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