Terminology
Medical Plans
Money Matters
Life Events
Perks & Programs
100

The annual period when you can enroll in or make changes to your benefits.

What is open enrollment?
100

Where do you enroll in benefits during Open Enrollment?

What is Dayforce?
100
This term refers to the set amount you pay each year for covered medical expenses before your coinsurance kicks in.
What is a deductible?
100
You can do this only after a qualifying life event.

What is enrolling in or making changes to your benefits outside of open enrollment?

100
A retirement savings plan that allows you to contribute pre-tax (or Roth) income.
What is a 401(k)?
200
July 1st, 2026 - June 30th, 2027
What is the plan year?
200
​​​​This type of account is paired with a high-deductible health plan and can be used to help pay for medical expenses.
What is a Health Savings Account (HSA)?
200
This happens when you receive care from a provider who does not have a contract with your insurance plan, often resulting in higher costs.
What is out-of-network care?
200
A major life change like marriage, birth, divorce, or loss of other coverage.
What is a qualifying life event?
200
A confidential support for mental health, financial, legal, and life issues.
What is an EAP (Employee Assistance Program)?
300
A fixed amount you pay for a service (e.g., $25 for a doctor visit).
What is a copay?
300
This pre-tax account can be used for qualified medical expenses but typically follows a “use-it-or-lose-it” rule.
What is a Flexible Spending Account (FSA)?
300
The amount you pay (usually per paycheck) for your insurance coverage.
​What is a premium?​
300
People you designate to receive benefits (like life insurance or 401(k)) if something happens to you.
What are beneficiaries?
300
What the company contributes to your 401(k) based on how much you contribute. Tricoci's is 25% on the first 3% of the team member's contribution, subject to a 3 year vesting schedule.
What is an employer match?
400
Routine care (like annual checkups, vaccines, screenings) typically covered at 100% in-network.
What is preventive care?
400
What is a program offered through Aetna that awards healthy behavior habits?
What is Aetna's Wellness Program - MyActiveHealth?
400
This provider option typically has shorter wait times for non-life-threatening issues. More cost effective to go to vs the ER when possible.
What is urgent care?
400
After having a baby, this is an important action to take with your benefits.
What is adding a child (dependent) to your plan?
400
Virtual medical visits with a provider via phone or video.
What is telehealth?
500
The percentage of costs you share with insurance after meeting your deductible.
What is coinsurance?
500
This federal law allows employees to continue their health insurance coverage after leaving a job, usually at their own expense.
What is COBRA?
500
The most you’ll pay in a year for covered services.
What is an out-of-pocket maximum?
500

If you need to take time off work for a personal injury or illness, this benefit pays up to $700 per week for 13 weeks.

​What is Short Term Disability?​
500
The Free team members discount platform, offerings savings in electrics, entertainment, health & wellness, and more.
What is Perks at Work?
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