Open Enrollment for Active Participants
The month of November is the open enrollment period for those specific Sheet Metal Workers that are offered a choice in their Plan and/or for Single or Family Coverage as applicable to their contract area. An election option is in very limited contract areas. Forms will be mailed to individuals, but if you have any questions or have not received your form by November 1st, please contact Sarah Quast at the Sheet Metal Benefit Office at (651) 770-0991 ext 407 or via email email@example.com.
Any change in the amount your employer contributes for your health insurance will result in a corresponding increase or decrease in taxable base pay. It is important for you to understand how an election change can affect your wages. Therefore, you should carefully review the material sent out during Open Enrollment.
RATES, DEDUCTIBLES & OUT-OF-POCKET:
|RATES||Contribution Rate||Premium Amount|
|Plan A Family||$9.27||$1,344|
|Plan A Single||$7.77||$1,126|
|Plan B Family||$7.14||$1,035|
|Plan B Single||$3.09||$ 448|
DEDUCTIBLES & OUT-OF-POCKET
|Individual Rate||Family Rate|
|Plan A Annual Deductible||$125||$980|
|Plan A Annual Out of Pocket||$375||$2,940|
|Plan B Annual Deductible||$545||$1,635|
|Plan B Annual Out of Pocket||$1,635||$4,905|