INSURANCE OPEN ENROLLMENT
Hourly employee benefits are changing in order to comply
with ACA (Healthcare Reform), therefore, there will be mandatory benefit enrollment meetings
scheduled Monday, December 1 through Wednesday December 10 for all full
time hourly store employees as well as employees who meet the full time designation
based on the look back measurement period (12/1/2013 – 11/30/2014).
The list of employees who meet the full time designation based on
the look back period should be published no later than Wednesday, November 26,
2014. Below is a schedule of dates and locations.
Important Note: The PanaMed Plan will no longer be offered and all full time employees electing insurance will need to complete enrollment material for the new insurance company.
Individual Requirements
If you are a
full-time team member electing the medical plan during Open Enrollment, you will satisfy the individual mandate. You will
not be subject to any penalties by remaining enrolled in our plan.
If you do not
currently have coverage, you may want to consider enrolling for benefits
through Ricker’s during Open Enrollment.
If you do not elect Ricker’s coverage,
you can enroll for coverage through your spouse’s plan or the Federal exchange. If you do not have coverage, you will be
subject to the ACA penalty. The penalty is based on a percentage of your
household income, as shown below:
2014
|
2015
|
2016
|
After 2016
|
|
Income Based Penalty
|
1% of household income
|
2% of household income
|
2.5% of household income
|
2.5% of household income
|
Minimum Penalty Amount
|
$95
|
$325
|
$695
|
$695 + inflation
adjustment
|
Enrollment Meeting Schedule (some Leadership Essential and Onboarding Classes are also listed):
December 1
|
10:00
|
Benefits Enrollment Meeting
|
Corporate Office, Anderson
|
December 1
|
3:00
|
Benefits Enrollment Meeting
|
Corporate Office, Anderson
|
December 2
|
10:00
|
Benefits Enrollment Meeting
|
Corporate Office, Anderson
|
December 2
|
3:00
|
Benefits Enrollment Meeting
|
Corporate Office, Anderson
|
December 3
|
3:00
|
Benefits Enrollment Meeting
|
Corporate Office, Anderson
|
December 3
|
10: 00 – 12:00
|
Remember Me
|
Holiday Inn Express, 7220 Woodland Drive, Indianapolis
|
December 4
|
10:00
|
Benefits Enrollment Meeting
|
Plainfield TBD
|
December 4
|
3:00
|
Benefits Enrollment Meeting
|
Plainfield TBD
|
December 5
|
11:00 – 1:30
|
President’s Council
|
#48 - Carey Road 3334 E 146th Street,
Indianapolis
|
December 5
|
11:30
– 5:00
|
The WOW Experience (Onboarding)
|
Anderson, Corporate Office
|
December 5
|
10:00
|
Benefits Enrollment Meeting
|
Noblesville Branch Hamilton East Public Library
|
December 5
|
3:00
|
Benefits Enrollment Meeting
|
Noblesville Branch Hamilton East Public Library
|
December 8
|
10:00
|
Benefits Enrollment Meeting
|
Holiday Inn, IPFW & Coliseum, 4111 Paul Shaffer Dr
|
December 8
|
3:00
|
Benefits Enrollment Meeting
|
Holiday Inn, IPFW & Coliseum, 4111 Paul Shaffer Dr
|
December 9
|
10:00
|
Benefits Enrollment Meeting
|
Fishers Branch Hamilton East Public Library
|
December 9
|
3:00
|
Benefits Enrollment Meeting
|
Fishers Branch Hamilton East Public Library
|
