Table of Content
- Header
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Page
- WELCOME!
- OVERVIEW
- OPEN ENROLLMENT 2024
- ELECTION CHANGES
- MEDICAL
- HSA
- DENTAL
- VISION
- BASIC LIFE/AD&D
- LONG TERM DISABILITY
- BENEFIT SUMMARIES
- REQUIRED NOTICES
- Contact Us
- Footer
WELCOME!
Message from Human Resources
Wiseway is pleased to offer a comprehensive benefits package designed with your health and financial well-being in mind. We review our benefit program each year to ensure our offerings provide the best combination of benefit coverage, network access and affordability.
Eligibility
If you are eligible, you may enroll in benefits the first of the month following 60 days of employment. If you previously waived any benefits, you have the option during Open Enrollment to enroll or make benefit changes and add or drop dependent coverage without having a qualifying event.
You are eligible for the Medical Plan if you work 30 or more hours per week. You are eligible for all other benefits if you work 40 hours per week.
OPEN ENROLLMENT 2024
2024 Open Enrollment period runs until December 13th.
Please download and use the available enrollment/change form and email/submit to:
Bob Schmidt
Director, Human Resources
651-341-3919
bob.schmidt@wiseway.com
ELECTION CHANGES
The Benefit choices you make during your initial enrollment or annual open enrollment remain in effect for the entire year.
You can, however, modify your elections under certain circumstances, called "Qualifying Events" These are events such as marriage, divorce, birth or adoption of a child, loss of eligibility under another plan. If you experience a qualifying event, you may make changes to your benefits within 30 days of the event or 60 days if the event is due to birth or adoption of a child.
Refer to your Employee Benefits Guide or contact Human Resources if you have questions about qualifying events.
MEDICAL
Wiseway offers two medical plan options for employees working 30+ hours per week. All options provide high-quality, affordable medical care, including preventive care, doctor's visits, hospitalization, and emergency care. However, each plan has unique characteristics and advantages. The plans are offered through Medica.
Plan Choices
- Medica Choice Passport $2,000 - 0% HSA Plan
- Medica Choice Passport $5,500 - 25% HSA Plan
Network
- Medica Choice Passport with UnitedHealthcare Choice Plus: This network is available for those living inside Medica's service area of Minnesota, North Dakota, South Dakota and western Wisconsin as well as access to providers in a national network through UnitedHealthcare
Please refer to the Medica Summary of Benefits and Coverage (SBC) in the "Benefit Summaries" section below for additional coverage information.
HSA
Employees who enroll in an HSA plan are eligible to participate in a Health Savings Account (HSA) by establishing an account at a bank of your choice.
Health Savings Accounts are a great way to save money and budget for qualified medical expenses. HSAs are tax-advantaged savings accounts that accompany the High Deductible Health Plan's (HDHP). HDHPs offer lower monthly premiums in exchange for a higher deductible (the amount you pay before insurance kicks in).
What are the benefits of an HSA?
There are many benefits of using an HSA, including the following:
- It is portable. The money in your HSA is carried over from year to year and is yours to keep, even if you leave the company.
- It is a tax-saver. HSA contributions are made with pre-tax dollars. Since your taxable income is decreased by your contributions, you'll pay less in taxes.
- It works for you. Once you accumulate a minimum balance of $1,000 in your account, you can choose to invest money in various funds offered by Optum.
The maximum amount you can contribute to an HSA in 2024 is $4,150 for individual coverage and $8,300 for family coverage.
Additionally, if you are age 55 or older, you may make an additional “catch-up” contribution of $1,000. You may change your contribution amount at any time throughout the year as long as you don’t exceed the annual maximum.
In order to contribute to an HSA, you must not:
- Be claimed as a dependent on someone else’s tax return
- Have other health plan coverage that provides benefits covered under the HDHP Plan (for example, a Health Care Flexible Spending Account, a separate prescription drug plan, or a spouse’s non-HDHP plan)
- Have a spouse with a Health Care Flexible Spending Account that could reimburse your medical expenses
- Be enrolled in a government health plan, such as Medicare or Medicaid
- You must re-enroll in your HSA each year during open enrollment to participate in the plan
DENTAL
NEW in 2024 our Voluntary Dental coverage will be administered by Principal.
In addition to protecting your smile, dental insurance helps pay for dental care and usually includes regular checkups, cleanings and X-rays. Several studies suggest that oral diseases, such as periodontitis (gum disease), can affect other areas of your body—including your heart. Receiving regular dental care can protect you and your family from the high cost of dental disease and surgery.
- Find an in-network provider by using the Dental Network Search action link.
Plese refer to the dental summary in the "Benefit Summaries" section below, for an entire list of covered services, limitations and frequencies.
VISION
The Voluntary Vision plan is available to employees working 40 hours per week.
Vision coverage through EyeMed provides benefits for eye exams, prescription glasses, contact lenses, as well as other vision-related items.
How the Plan Works
You have the freedom to receive services from any provider. You will, however, receive a higher level of benefits if you receive care from a provider who participates in the EyeMed network.
Please refer to your vision benefit summary in the "benefit Summaries" section below for an entire list of covered services, limitations and frequencies.
BASIC LIFE/AD&D
Wiseway provides all employees with basic term life and accidental death and dismemberment (AD&D) coverage at no cost to you.
AD&D benefits are payable to you in the event of a dismemberment, or an additional benefit is payable to your beneficiary if your death is the result of an accident.
Who's Your Beneficiary? Naming a beneficiary is a crucial part of electing life insurance. Also, don't forget to update your primary or secondary beneficiary if you experience a life event, such as a divorce or birth of a child.
Please refer to the Life AD&D summaries in the "Benefit Summaries" section below, for additional details.
LONG TERM DISABILITY
Disability benefits are designed to replace a portion of your income if you are unable to work due to an accident or sickness.
Coverage under long term disability through Principal provides income replacement as follows:
Management: 60% of earnings up to $5,000 per month
Please refer to the Long-Term Disability summaries in the "Benefit Summaries" section below, for additional details.
BENEFIT SUMMARIES
REQUIRED NOTICES
Contact Us
As you consider your benefit options, please be sure to review all available information: Medica's Enrollment Guide, Plan Documents, and other videos and flyers found on this webpage. If you don't understand your benefits or need any assistance, please contact:
Bob Schmidt
Director, Human Resources
651-341-3919