Joining MPTN

Benefit

What You Should Know

Medical and Prescription Drug Coverage

• You are eligible for coverage starting on the first of the month following 60 days of employment with MPTN.
  • If you are a regular full-time team member,
  • If you are a regular part-time team member,
• If you choose to enroll for coverage through MPTN, you must do so within 60 days of your date of eligibility.
• If you want to add dependents or decline coverage, you must do so within 60 days of your date of eligibility. Any eligible dependents can also be added during Open Enrollment.
• Regular part-time team members have the option to buy-up coverage for their spouse and/or eligible dependents.

• You are eligible to participate in a Health Care FSA starting on the first of the month following 60 days of employment with MPTN, even if you are not enrolled in health care coverage.
• You can contribute up to $2,000 of your eligible compensation on a pre-tax basis to pay for your eligible health care expenses.
• You must elect to enroll within 60 days of your date of eligibility.
  • If you don’t enroll within 60 days, you must wait to do so until the next annual enrollment, until you have a qualified change in status, or until the loss of other employer-provided coverage.
• The amount you contribute to this account each year will be the amount you can use for reimbursement of eligible expenses incurred during the remainder of that plan year. Any team member with an account balance of up to $500 at the end of the year, can carry over that balance to the next year.

Short-Term Disability

Short-Term Disability (STD) Plan coverage is voluntary:

• When you become eligible for coverage under the plan, your employer will automatically enroll you in the plan.  If you do not want coverage under the plan you may choose to decline within 90 days of your date of eligibility.

• For greater coverage, a buy-up option is available in addition to basic coverage, starting on the first of the month following 90 days of employment with MPTN. The cost for this buy-up coverage depends on your earnings.
• For the buy-up option, you must elect to enroll within 90 days of your date of eligibility.
• If you don’t enroll for the buy-up option within 90 days, you must wait to do so until the next annual enrollment or until you have a qualified change in status.

• You can purchase additional coverage for yourself and your dependents, with coverage starting on the first of the month following 90 days of employment with MPTN, if you enroll within 90 days of your date of eligibility.
• Coverage for your dependents and additional coverage for yourself may require insurance company approval.