Acronyms/Definitions
Life Insurance General Knowledge
Employee Benefits
Benefits Administration
Dependents
100
What does QMCSO stand for?
Qualified Medical Child Support Order
100
Who is eligible to use the Estate Resolution, Will Preparation, and Probate Services?
Employee’s who are enrolled in Voluntary Employee Life Insurance Coverage.
100
What percent of income is the Long Term Disability Buy Up and what is the maximum monthly benefit?
62% of your Pre-disability Earnings; limited to a maximum monthly benefit of $30,000.
100
What three groups of people are not eligible to earn Wellness Incentives?
LTD employees, interns, and domestic partners are not eligible to earn incentives. Only Nonagreement employees and their covered spouses are eligible to earn incentives.
100
What documentation is required for the following dependents to be added to coverage? - Child - Spouse - Other Qualified Dependent (i.e. Grandchild/Niece/Nephew)
Child: Birth Certificate Spouse: Marriage certificate Other Qualified Dependent: Adoption or Placement paperwork through an authorized placement agency or by judgment, order, or decree of any court of jurisdiction OR confirmation that the dependent is under age 26 and that the dependents is living with the employee and they expect to claim his/her on their federal tax return for the calendar year.
200
What is the difference between a PPO and a HMO insurance plan?
HMO (Health Maintenance Organization) Health Insurance Plans: Give you access to certain doctors and hospitals within its network. A network is made up of providers that have agreed to lower their rates for plan members and also meet quality standards. But unlike PPO plans, care under an HMO plan is covered only if you see a provider within that HMO’s network. Example: Kaiser PPO (Preferred Provider Organization) Insurance Plans: PPO plans provide more flexibility when picking a doctor or hospital. They also feature a network of providers, but there are fewer restrictions on seeing non-network providers. In addition, your PPO insurance will pay if you see a non-network provider, although it may be at a lower rate. Examples: HDHP 1 & 2, Domestic Partner PPO Plans. Retiree HDHP plan
200
How do I know if I need to provide a statement of health for increasing my life insurance amounts? And where can I locate a copy of the statement of health?
After completing your elections though MetLife, if you have to provide a statement of health, it will tell you on the confirmation summary and the form will be available for downloading. You can always access your statement of health form on your MetLife home page.
200
For employees enrolled in dental coverage, how many preventive dental exams does insurance cover per year and is there a waiting period before another exam can be scheduled?
Employees get two preventive dental exams per calendar year and they can be scheduled at any time during the calendar year. Exams do not have a minimum frequency between visits. Open Enrollment is a great time to remind employees about this benefit.
200
If an employee is a Nonagreement new hire and does not make elections, what plans are they defaulted in for Medical, Dental, and Vision?
HDHP2 Employee Only Medical, Dental Employee Only and Vision Employee Only.
200
How many days do employees have to submit dependent documentation for any newly enrolled dependents during Open Enrollment
45 days from the last day of open enrollment (Deadline is 12/2/2017)
300
What does COBRA stand for?
Consolidated Omnibus Budget Reconciliation Act
300
Who is eligible to use the Funeral Discount and Planning Services?
Employee’s who are enrolled in Core or Supplemental Life Insurance Coverage.
300
How much money can be earned by completing your individual wellness incentives?
$350 ($200- Wellness Assessment, $150 Annual Physical)
300
It is possible for a non-HDHP enrolled employee to open an HSA if they agree to the legal disclaimer within their portal election. (Explain)
True, however no seed money will be deposited and the system will not allow them to make a HSA monthly contribution.
300
True or False: If an employee adds a dependent to the SAP system during a life event or open enrollment, they are automatically added to the existing coverage (Explain)
False, the employee will need to go through each plan (Medical, Dental, Vision) to ensure the added dependent’s name is check marked to ensure enrollment.
400
What is the requirement to be waiver credit eligible?
You cannot be covered under another Nonagreement employee’s medical insurance.
400
What is the amount of Employee Life and Employee AD&D coverage at the Core level that are provided to you at no cost by Union Pacific?
Core Employee Life: 1x Basic Annual Earnings ($10,000Minimum/$50,000 Maximum) Core Employee Accidental Death & Dismemberment: 1x Basic Annual Earnings ($10,000Minimum/$50,000 Maximum)
400
If I have vision coverage, can I get both Contact Lenses and Eyeglass Frames & Lenses?
No, you can get either Contact Lenses and Eyeglass Frames OR Eyeglass Frames and Eyeglass Lenses.
400
Does your deductible transfer when you begin Retiree Medical coverage in the same Calendar year?
Depends on what active plan they were in: If an employee is moving to another HDHP plan (i.e. Active UHC HDHP to Retiree UHC HDHP) then their deductible will transfer to the new plan. If an employee is moving from a PPO/HMO plan to a HDHP plan (i.e. Kaiser to BCBS HDHP Retiree) then their deductible will not transfer to their new plan.
400
What type of documentation needs to be provided if an employee drops a dependent during OE?
None, documentation will only need to be provided if a dependent wishes to drop a dependent prior to January 1, 2018. In this case they need to provide a loss of coverage letter to HR Services and the change will be effective the first of the month following the termination date.
500
What is imputed income when it comes to the domestic partner rates?
The imputed income is the difference between the fair market value of the coverage and your after-tax premium amount. In a regular medical plan, this would normally be the employer cost, but for domestic partner per federal tax law, you must pay taxes on this amount. Therefore the imputed income is the amount added to your federal taxable wage summary and will be subject to following withholdings: •Federal income tax •State income tax •Local income tax •Social Security tax •Railroad retirement tax
500
What is the maximum level of coverage an employee can enroll in if they haven’t previously participated?
$500,000 or 2X salary (whichever is less)
500
What is the deadline to submit claims to use DCFSA funds for the 2017 calendar year?
March 31, 2018
500
What Infotype can you use to see if an employee has an open event?
Infotype 378 can be used to review if there is a life event. Look at the dates to see if the life event is still open to make election changes. Employee’s that have open events (meaning they have not made elections) or have not provided dependent documentation for their newly enrolled dependents will receive SAP Notification Reminder emails every Monday and Thursday.
500
What is name of the link to provide dependent documentation through my benefits and the name of the link where dependent documentation is stored after approved by Benefits Administration?
“UPLOAD dependent documentation” is the link where documentation can be uploaded. This link will only be active if they have added a dependent to insurance. The link called “dependent documentation” is where the documentation is stored once it is approved; if they do not have electronic documentation on file and click on this link they will get the error message “No digital personnel file.”
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