BENEFIT INFORMATION
Benefit
Who pays the cost?
Gracepoint pays the majority of the employee portion of the medical plan. You may enroll your eligible dependents for an additional cost. Gracepoint pays a portion of the employee cost for dental coverage. You may elect dental coverage for yourself and your eligible dependents on a voluntary basis and you will be responsible for the cost above what Gracepoint contributes. You may elect vision coverage for yourself and your eligible dependents on a voluntary basis and you will be responsible for the cost.
Medical Insurance
YOUR BENEFITS PLAN
Gracepoint offers a variety of benefits allowing you the opportunity to customize a benefits package that meets your personal needs. In the following pages, you’ll learn more about the benefits offered. You’ll also see how choosing the right combination of benefits can help protect you and your family’s health and finances – and your family’s future.
Dental Insurance
Vision Insurance
Basic Life Insurance
Gracepoint pays the entire cost.
Voluntary Life Insurance
The employee pays the entire cost.
Voluntary Short and Long Term Insurance
The employee pays the entire cost.
ELIGIBILITY
All Regular full-time employees are eligible to join the Gracepoint Benefits Plan on the 1st of the month following 60 days. You may also enroll your dependents in the Benefits Plan when you enroll.
Eligible dependents include:
Your legal spouse
•
• Your married or unmarried natural children, step-children living with you, legally adopted children and any other children for whom you have legal guardianship, who are:
► Under 26 years of age;
WHEN CAN YOU ENROLL?
► A dependent who is older than 26 years of age, but less than 30 years of age may be eligible for medical benefits. To be eligible, a Dependent must: • Be unmarried and not have dependents of his or her own; AND
You can sign up for Benefits at any of the following times:
• After completing your initial eligibility period; • During the annual open enrollment period; • Within 30 days of a qualified family-status change.
Be a resident of Florida or a student; AND
•
• Not have coverage of their own, or covered under any other plan; AND
If you do not enroll at one of the above times, you must wait for the next annual open enrollment period.
Not entitled to benefits under Medicare
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