Benefits Plan Overview

Pre-Tax Benefits

Health Insurance: Aetna

Dental Insurance: Delta Dental of VA

Vision Insurance: Aetna

Health Savings Accounts: Flex Facts
– Employee Maximum $3,650/year
– Family Maximum $7,300/year

HSA plans can only be established in conjunction with a qualified High-Deductible Health Plan (HDHP).

The City of Martinsville will contribute $250 to an HSA for employees enrolled in health coverage.
An additional $250 is contributed if the employee completes a health risk assessment and another $220 if the employee completes a physical.

Cancer Benefits: Colonial Life

Accident Benefits: Colonial Life

Medical Bridge Benefits: Colonial Life

Post-Tax Benefits

Short-Term Disability Benefits: Colonial Life

Long-Term Disability Benefits*: The Hartford

Critical Illness Benefits: Colonial Life

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

Accident Benefits – Gunshot Wound Policy: Colonial Life

*EMPLOYEES WILL NEED TO RE-ENROLL IN LONG-TERM DISABILITY BENEFITS IN ORDER TO CONTINUE COVERAGE FOR THE NEW PLAN YEAR BEGINNING JULY 1, 2022.

Enrollment Period: MAY 16, 2022 – JUNE 10, 2022

Effective Dates: JULY 1, 2022 – JUNE 30, 2023

QUALIFICATIONS:

– Employees must work 40 hours per week.

IMPORTANT FACTS:

– The plan year for Aetna Health, Delta Dental, Aetna Vision, The Hartford Long-Term Disability, Health Savings Accounts and Colonial Insurance products lasts from July 1, 2022 through June 30, 2023.

– Deductions for Aetna Health, Delta Dental, Aetna Vision, The Hartford Long-Term Disability, Health Savings Accounts and Colonial Insurance products will begin July 2022.

– 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..

– Elections made during this enrollment period CANNOT BE CHANGED AFTER THE ENROLLMENT PERIOD unless there is a family status change as defined by the Internal Revenue Code. Examples of a family status change are: marriage, divorce, death of a spouse or child, birth or adoption of a child, termination or commencement of a spouse’s employment, or the transition of spouse’s employment from full-time to part-time, or vice-versa. Once a family status change has occurred an employee has 30 days to notify the Pierce Group Benefits Service Center at 1-800-387-5955 to request a change in elections.

– As a married couple, one spouse cannot be enrolled in a Medical Reimbursement FSA at the same time the other opens or contributes to an HSA.

– 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 July 31, 2022.

– Additionally, some policies may include a pre-existing condition clause. Please read your policy carefully for full details.

– Please be aware there are certain coverages that may be subject to federal and state tax when premium is paid by pretax deduction or employee contribution.

– An employee taking a leave of absence, other than under the Family & Medical Leave Act, may not be eligible to re-enter the Flexible Benefits Program until the next plan year. Please contact your Benefit Administrator for more information.