WELCOME
As a leading talent solutions company, we prioritize our people. To show our appreciation for your dedication, we offer a comprehensive benefits package for you and your family.
- Comprehensive Benefits: Our plans go beyond medical insurance, focusing on physical, mental, emotional, and financial well-being.
- Flexible Options: We provide a range of coverage options to meet different life needs, allowing you to choose what suits you best.
- Prevention & Savvy Choices: We offer tools and resources to help you stay healthy and make informed decisions.
- Tools & Resources: Access important benefits and HR information at Paylocity.
Key Points:
- Benefits are offered separately (à la carte) for flexibility.
- Dependent coverage can be added.
- Some benefits are based on a calendar year.
Use this guide as a resource throughout the year. More information is available on our benefits platform: Paylocity.
CYNET is excited to offer a comprehensive and competitive benefits package for the 2024-2025 plan year.
Eligibility | Enrollment
General Eligibility
All health and welfare benefit plans have general eligibility requirements and may impose age limits. In general, to be eligible for our health and welfare benefits, an employee must maintain the following:
- Work 30 or more hours per week; and
- Be a resident alien or citizen; and
- Reside in the continental US (some exceptions may apply); and
- Be ‘actively at work’
Newly eligible full-time employees are eligible first of the month following their first day worked or change from a benefit ineligible to benefit eligible employee status. If you are rehired within 14 calendar days, your enrollment is reinstated with no gap in coverage.
Variable hour employees are eligible within 30 days after the applicable 6-month testing period (plus any administrative period) if the employee has worked 780 hours during the testing period
Great news! You may elect to cover your eligible dependents!
Dependent Eligibility
When you enroll, you may elect to cover your eligible dependents – who include:
- Legally married spouse
- Domestic partner (note: a legally binding attestation and proof of a bona fide domestic partner relationship is required to qualify for coverage)
- Natural born, step-, or legally adopted children under age 26*
- Disabled, dependent children over age 26, that were over under the plan prior to turning 26
*Note: Some non-health plan benefits may require proof of full-time student status or permanent disability for dependent child/ren over age 19 for continued eligibility. If proof of full-time student status is required, you will be notified.
Mid-year Changes
Once you make pre-tax elections, they generally can't be changed or canceled mid-year unless it's during Open Enrollment, due to a HIPAA involuntary loss of coverage, or a qualified life event.
If you or your dependents lose eligibility for other health coverage or lose employer contributions, you have special enrollment rights under HIPAA.
Qualifying Events Include
- Loss of Essential Coverage
- Loss of COBRA benefits
- Marriage
- Birth
- Permanent Relocation
- Divorce
- Previous Policy-holder died
- Adoption
- Named Legal Guardian
- Gained a New Foster Child
- Change in Citizenship
- Newly Eligible for Government Assistance
Timing? When to Accept or Decline.
Newly Eligible
You only have 14 days after your hire date to elect your benefits.
Annual Open Enrollment
Our annual open enrollment occurs only once a year and is your opportunity to change your benefit elections or add/change dependents. Our annual open or re-enrollment period is held prior to our plan year.
Our plan year starts December 1st and ends November 30th.
Some benefits may require a health questionnaire (a/k/a an Evidence of Insurability (EOI)) in order to consdier your request for coverage. If so, submit your questionnaire according to the instructions provided. In such instance, you will not be covered until your request is approved by the insurer, if you are approved by the insurer. The (underwriting) process can take 3-5 weeks. If your request is approved, the effective date of coverage is not retroatcive. You will be notified of acceptance or denial by the Insurer. The appropriate payroll deducutions will occur, if you are approved.
What Happens if You Don't Enroll Timely?
If you are benefit eligible and fail to enroll or decline your benefits timely, you will be presumed to have declined the benefits available to you. You will not have another opportunity to enroll until the following Open Enrollment unless you experience a HIPAA involuntary loss of coverage or a Qualifying Life Event (a/k/a mid-year change). See Section ‘Mid-Year Event’ for more information.
When Benefits End.
If you or your dependents fail to meet the eligibility requirements of the plan, your benefits will end. The examples below give you an idea of events that can trigger a loss of coverage. All benefits end the date of loss of eligibility. The date a coverage ends due to loss of eligibility may vary from plan to plan. If coverage ends, your benefits may be retained by paying for them outside of work if the request is made timely. Specific rules determine the ability to continue, convert or port coverage and there may be a time limit as to how long a former insured can maintain coverage from a prior employer. Contact the plan, Cynet or the COBRA Administrator if you wish to continue or convert or port coverage. Click the button below to see examples of when an employee can lose benefits and/or when a dependent can lose benefits.
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