Benefit Open Enrollment Now through August 24th

Open Enrollment for benefits will be available until August 24th! Open enrollment is your opportunity to:

• Add or Drop Benefits
• Change Benefit Elections
• Add or Drop Dependents
• Update Beneficiary Information

If you take no action during open enrollment, your current benefit elections will roll over!

Reminder: You will not have the opportunity to enroll or make changes until the next open enrollment period unless you experience a qualifying life event such as marriage, divorce, birth, or adoption.

No Changes to Medical, Life, and Disability Plans or Contributions!

Big G Express is excited to announce that there are no changes to your medical, life, and disability plans or contributions. We do have a few slight changes regarding how employees enroll this year as well as a new provider on the Accident & Critical Illness Plans (explained below).

CLICK HERE FOR THE 2018-2019 Benefit Guide

VOYA Replaces AFLAC for Critical Illness and Accident Coverage

We shopped the market for an enhanced coverage at a more reasonable rate and Voya is now our carrier for Critical Illness and Accident Coverage. Voya does not have a waiting period whereas AFLAC had a 6 month waiting period. We also received a small reduction in our rates.

Voya Accident Insurance

The new VOYA Accident plan features enhanced benefits at slightly lower rates than the Aflac plan offered. Highlights are included in this guide.

If you are currently enrolled in the Aflac Accident plan, you will be automatically rolled over to the new plan in the same tier. If already enrolled, you do not need to take action unless you want to add dependents, drop or make changes to your coverage elections.

Voya Critical Illness Insurance

The new Critical Illness plan features similar covered conditions as the Aflac plan – but at lower rates! Highlights are included in the benefit guide.

If you are currently enrolled in the Aflac Critical Illness plan, you will be automatically rolled over to the new plan with the same volume. If already enrolled, you do not need to take any action unless you want to add dependents, drop or make changes to your coverage elections.

IMPORTANT:

1. New Attained Age Rates – The VOYA Critical Illness rates are based on your attained age, similar to the voluntary supplemental life insurance plan. This is a change however, from the Aflac plan, which was based on your age as of the original effective date when you elected the coverage. This change will save almost every employee money on this coverage, while also allowing Big G to streamline the enrollment process for everyone in the future.

2. Child Coverage – Previously, child coverage was included at a benefit amount equal to 25% of what the employee elected for Critical Illness coverage. On the new VOYA Critical Illness plan, children can be enrolled with either a $5,000 or $10,000 benefit. If you are currently enrolled in Critical Illness and have dependent children listed in Paycom, your eligible dependent children will be automatically enrolled in the new Voya plan with $5,000. The cost to have this $5,000 benefit on all children (regardless of how many) is $.24 per week per employee.

a. Example – John Doe is currently enrolled in the Aflac Critical Illness plan with a $20,000 benefit. John also has children. Under the Aflac plan, children were automatically covered with a benefit amount of equal to 25% of his elected amount (25% of $20,000 = $5,000). John also has his children enrolled on the Big G medical plan which means they are listed in the Paycom system. With the new Voya plan, John will be automatically enrolled with the same $20,000 benefit for himself and $5,000 for his children. If your dependents are not listed for any reason in the Paycom system and you want them to be covered on the Critical Illness plan, you will need log in to Paycom to add and enroll your eligible dependent children in the Critical Illness plan.

LOG-IN TO PAYCOM TO VERIFY YOUR COVERAGE

AND MAKE ANY NECESSARY CHANGES TO YOUR ENROLLMENT

Click here for Open Enrollment Instructions on Paycom

If you have questions, please contact Human Resources Team:

Dawn: 931-680-3531

Casey: 931-680-3193

Amanda: 931-680-3523

Thank you,

Amanda Forst, HR Manager

Benefits Open Enrollment coming soon, stay tuned for details!

Amanda Forst 931-680-3523