Overview of Benefits

Pre-Tax Benefits

Vision Insurance: Superior Vision

Cancer Benefits: Colonial Life

Accident Benefits: Colonial Life

Medical Bridge Benefits: Colonial Life

Post-Tax Benefits

Disability Benefits: Colonial Life

Critical Illness Benefits: Colonial Life

Life Insurance: Colonial Life
– Term Life Insurance
– Whole Life Insurance

Please note your insurance products will remain in effect unless you speak with a representative to change them.

Enrollment Period: August 2, 2024 – September 3, 2024

Effective Dates: October 1, 2024 – September 30, 2024

ELIGIBILITY:

– An employee must be contracted to be eligible for benefits.

IMPORTANT NOTICES:

– When do my benefits start? The plan year for Superior Vision and Colonial Insurance Products lasts from October 1, 2024 through September 30, 2025.

– When do my deductions start? Deductions for Superior Vision and Colonial Insurance Products will begin October 2024.

– Why have my Cancer, Accident, or Medical Bridge benefits not started yet? The Health Screening Rider on the Colonial Medical Bridge plan has a 30-day waiting period for new enrollees. Coverage, therefore, will not begin until October 31, 2024.

– I want to sign my family up for benefits as well, what information will I need? If signing up for any coverage on your spouse and/or children, please have their dates of birth and social security numbers available when speaking with the Benefits Representative.

– What is the difference between pre and post-tax benefits? Pre-tax benefit contributions are taken from an employee’s paycheck before state and federal taxes are applied. Post-tax benefit contributions are paid after taxes are deducted. It’s important to note that some coverages may still be subject to taxes even if paid for through pre-tax deduction or employee contribution.

– Can I change my benefit elections outside of the enrollment period? Elections made during this enrollment period CANNOT BE CHANGED AFTER THE ENROLLMENT PERIOD unless there is a family status change, otherwise known as a qualifying life event (Mid-Year Events), as defined by the Internal Revenue Code. Once a Mid-Year Event has occurred, an employee has 30 days to notify PGB’s VA Service Center at 1-800-387-5955 to request a change in elections. Examples of a Mid-Year Event can be found here.

– I have a pre-existing condition. Will I still be covered? Some policies may include a pre-existing condition clause. Please read your policy carefully for full details.