Welcome
Helping you and your family reach and maintain good health is very important to Kramer Myers Agency, Inc. Kramer Myers Agency, Inc. is pleased to offer a selection of benefits designed with your health and financial wellbeing in mind. We review our benefit programs each year to ensure we consider the best combination of benefit coverage, network access and affordability for employees.
Eligibility
Regular employees working at least 30 hours per week are eligible to participate in benefits offered by Kramer Myers Agency, Inc. When you enroll in the benefits program, you may also cover your eligible benefits. Dependents include your legal spouse, child(ren) up to age 26 (regardless of student status, marital status, residence, or financial dependence on you), and an unmarried child incapable of self-support.
Overview
Kramer Myers Agency, Inc. remains committed to providing a competitive, cost-effective benefit program.
Please review and sign your 2022 Kramer Myers Agency, Inc. Annual Notices.
Enrollment
Action Required:
All elections must be submitted by 01/30/2022. The benefits you elect during open enrollment will be effective from 01/01/2022-12/31/2022.
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
Humana will administer your medical and prescription drug benefits this year.
To find out if your provider is in-network, please visit the Humana website below.
LIFE & AD&D
Kramer Myers Agency, Inc. provides you with Basic Life/AD&D coverage through Humana.
Basic Life/AD&D
Employees working 30 or more hours per week are eligible for Flat $20,000 coverage payable to your designated beneficiary in the event of your death. An additional accidental death & dismemberment benefit (AD&D) is payable to you in the event of a covered dismemberment or 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.
HSA
The Health Care and the Health Savings Account (HSA) allow you to set aside pre-tax dollars to pay for eligible expenses. By contributing to an HSA you reduce your taxable income, so you pay less in taxes — which saves you money.
HEALTH SAVINGS ACCOUNT (HSA)
- You may contribute up to $3,650 annually as an individual or $7,300 as a family
- You must be enrolled in a qualified HSA-eligible health plan, but you or your spouse may not participate in an FSA or Health Reimbursement Account (HRA)
How the HSA Plan Works
You may use your HSA funds to pay for eligible medical, prescription drug, dental or vision expenses. Unused funds remain in your account for future use and roll over each calendar year. You can change your HSA contribution at any time during the plan year for any reason.
UNDERSTANDING YOUR BENEFITS
Plan Details
Please view the documents below for additional details on your 2022 benefits.
Contact Us
Client Contacts
Jerry Werring
jwerring@kramermyers.com
(513) 732-1461