Insurance Open Enrollment

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