2022 BENEFIT CENTRAL

WELCOME TO TB12’S BENEFIT CENTRAL

We know how important benefits are for you and your family. That's why we're committed to offering excellent, well-rounded options that protect your physical, mental, and financial health — and that of those you love. Our programs are designed to provide peace of mind in protecting your lifestyle and planning for the future.

Choosing your benefits takes careful thought and planning. We created this Benefits Central to help you easily navigate and understand all of TB12's offerings. Please take some time to review the information and bookmark this site and return whenever you or your family members have questions or want to review our benefits.

Use the navigation bar at the top of the page to learn more about each category of benefits. You can watch videos and view documents provided by the benefit carriers. If you have questions, we're here! 

NEW-HIRE OPEN ENROLLMENT

As a new teammate to TB12 Inc you're eligible to participate in open enrollment. This is your opportunity to elect the benefits most suitable for you and family (if applicable). Elections for all benefits but commuter and 401(k) will become effective on your hire date and be in place through December 31, 2022, unless you qualify for a life event.  

Watch this video to learn more about qualifying events 

2022 BENEFIT CENTRAL

MEDICAL, RX AND HRA

MEDICAL BENEFITS

We offer you two robust medical plan options through CIGNA. These plans allow you the flexibility to choose which plan coverage is right for you, and/or your family. The HMO (Health Maintenance Organization) provides in-network coverage and requires the direction of your Primary Care Physician to seek other medical care. The PPO (Preferred Provider Organization) allows you to direct who you see for medical services and provides coverage for out-of-network services. There are cost differences with each and you're encouraged to fully explore the plan details in your benefits guide. Please also visit the Health Video Library below to learn more about key terms and processes with medical benefits. 

Learn more about which plan might be right for you and/or your family with PLANselect.

Medical ID card(s) should be received in the mail within 14 days from open enrollment. Should you lose your card or never received one, please reach out to order one from CIGNA here.

• Helps you choose the best-value, lowest-cost health plan option available based on anticipated medical needs  
• Forecasts the total expected costs of care
• Ranks the available medical plans from best fit to least best fit that takes into account costs and other important factors like scope of network
• Includes a detailed, impartial comparative analysis of the medical plans, based personalized financial evaluation

PLANselect is totally confidential, anonymous, mobile responsive, and simple to use. It takes less than five minutes to see results. You can try it multiple times, using different scenarios, to determine the right options for you.

RX BENEFITS

Prescription benefits are provided under each health plan offered through CIGNA. They provide tiered prescription drug coverage at varying copay amounts.  

Generally, you'll save money if you're able to purchase your prescriptions in a 90-day supply via mail order and, when possible, selecting generic drugs.  

Learn more about CIGNA's covered drugs for 2022 here.

HRA

A Health Reimbursement Account has been set up to integrate automatically with your CIGNA medical plan. TB12 will pay directly to CIGNA costs associated to meeting your deductible automatically. The last 50% of the medical deductible will be reimbursed. Cigna will process claims automatically and reimburse providers directly on your behalf up to the plan maximums, so you won't incur charges once you've met 50% of your deductible. Members pay the first half of the calendar year deductible and TB12 will pay the second half, limiting your out-of-pocket expenses. 

HEALTH VIDEO LIBRARY

QUESTIONS? 

2022 BENEFIT CENTRAL

DENTAL

DENTAL BENEFITS

Maintaining good oral hygiene is paramount to your overall health and wellness. That's why we've partnered with CIGNA to provide you, at no cost, great dental coverage benefits that just get better over time.  

• The plan allows you to seek treatment from a dentist of your choice.
• You may visit any dentist; however, in-network dentists will be more cost effective, with Cigna's DPPO Advantage network providing the most coverage. 
• The longer we are with CIGNA Dental, the greater your calendar year maximum. Those in year two with CIGNA Dental will realize an increased calendar year maximum in 2022 and so on. 

QUESTIONS? 

2022 BENEFIT CENTRAL

VISION BENEFITS

VISION BENEFITS

Getting an eye exam isn't just about finding out if you need glasses. It's about your health! An eye exam can detect eye-health problems like glaucoma or cataracts. However, it can also help identify early signs of diseases that impact your whole body such as high blood pressure, diabetes, and high cholesterol. That's why we offer this affordable voluntary vision plan through EyeMed. Beyond the basic coverage of this plan, those who enroll are also granted several other vision discounts through EyeMed.

QUESTIONS? 

2022 BENEFIT CENTRAL

SPENDING ACCOUNTS

FLEXIBLE SPENDING

Flexible Spending Accounts are administered by HRC Total Solutions. You have two FSA options as a smart and convenient way to stretch your benefit dollars and receive real tax savings: a Health Care FSA and a Dependent Care FSA. Both allow you to contribute pre-tax dollars through payroll deductions. You're then reimbursed tax free through the account for eligible expenses either through claims submitted or your FSA debit card for eligible expenses.

Note that if you want to participate in an FSA, IRS rules require that you must actively enroll each year.

A Medical Care Reimbursement Account (Health Care FSA) is for all medically necessary physician-prescribed medical expenses that are not covered by insurance and that are eligible under Section 213 of the IRS Code (i.e., deductibles, co- pays, prescription co-pays, dental services and vision services). Over-the-counter medical expenses may only be reimbursed if prescribed by a physician. Be sure to review the list below of FSA Qualified Medical Expenses prior to electing an amount to contribute for 2022.  

FLEXIBLE DEPENDENT CARE

A Dependent Care Reimbursement Account is for the cost of caring for eligible dependents while you work (i.e., child care expenses, daycare, after-school care, preschool, summer camp, caregivers for a disabled spouse or dependent who lives in your home).

• If you're single or if you're married filing jointly, you can contribute up to $5,000.
• If you're married and file separate tax returns, you can contribute up to $2,500.
• If a spouse is not working but is a student, then the monthly maximum will be $200 for one child, and $400 for two or more children.

COMMUTER BENEFITS

Transit and Parking

Save Time and Money on Your Daily Commute!

• Save an average of 30% on public transit or parking expenses as part of your daily commute to and from work.
• Reduce your overall tax burden — funds are withheld from your paycheck for deposit into your accounts before taxes are deducted.
• No need to wait for open enrollment — sign up any time to start saving.

• Adds will be effective on the next first of the month following notification
• Drops will be effective on the last day of the month following notification

Enroll in the pre-tax accounts, which is administered by HRC Total Solutions. You decide how much money to deduct each month to cover your monthly transit and parking costs, not to exceed current IRS limit of $280. The funds will be available to spend once deposited.

Elections may not exceed $280 per month for either transit or parking and will be deducted in only two pay periods per month. In months where a third pay period exists, no deduction will be made. 

Elections made to either transit or parking are NOT interchangeable. Amounts contributed to each may only be used for the elected account.  

Transit – In order for the expense to be eligible, it needs to be incurred on a mass-transit system such as commuter rail, bus transportation, Uber Pool, Lyft Line or another public/private commuter system.

Parking – In order for the expense to be eligible, it needs to be for a garage you park at near your work or where you park to access a public-transportation system.

QUESTIONS? 

2022 BENEFIT CENTRAL

LEAVE AND TIME OFF

TIME OFF

We've enhanced our time-off policies for 2022 and created a robust and flexible benefit offering for all full-time employees.  

KEY IMPROVEMENTS 

We've increased number of holidays to 10 and added flexibility with the addition of increased floater days to support scheduling flexibility and allow you the opportunity to take the time off for what's important to you! 

• New Year's Day (1/1) Sat*
• Martin Luther King Jr. Day (1/17) Mon
• President's Day (2/21) Mon
• Memorial Day (5/30) Mon
• Independence Day (7/4) Mon
• Labor Day (9/5) Mon
• Thanksgiving Day (11/24) Thurs
• Christmas Day (12/25) Sun**
• 2 Floater Days (Corporate)
• 4 Floater Days (Retail/BC), 2 Days in lieu of MLK & Presidents' day when the center is open

The corporate team can carry over three days (24 hours) into 2022 to be used in January before it will expire to accommodate vacation scheduling through the busy season. 

In recognition of giving and giving back to our communities we serve, we've added a Volunteer Day. This is a day you can take out of the office to volunteer and give back.  

LEAVE MANAGEMENT

Short-Term Disability (STD) Insurance — When you're unable to work due to a sickness or injury, this coverage can help replace a portion of your income temporarily if you become too sick or injured to work.  

Long-Term Disability (LTD) Insurance — When you're unable to work due to a sickness or injury, this coverage can help replace a portion of your income if you become too sick or injured to work for a longer period of time.

TB12 offers disability insurance for Massachusetts residence through the state's Paid Family Medical Leave program and all through UNUM. 
Please reach out to HR should you need to request a leave so we can review your options.  

QUESTIONS? 

2022 BENEFIT CENTRAL

RETIREMENT

RETIREMENT

Effective in January 2022, eligibility to enroll in the TB12 401(k) will be after one month of employment.  

There will then be a one-month enrollment period where you can make changes to the auto-enrollment of 3%. If you do nothing, you'll be auto-enrolled, contributing 3% of your salary once eligible to enter the plan.  

Contribution election changes always need to be made directly with VOYA. They cannot be made in iSolved and HR is not able to make these changes for you per regulations. Once the one-month enrollment period ends, you'll be joined to the plan in the first pay period following the first of the month following the end of the enrollment period. 

You're encouraged to set up your account through VOYA and leverage their app for ease of retirement tracking. Please take some time to review VOYA's on-demand learning sessions to educate yourself on retirement. They have many different areas to explore, like the differences between a Roth versus Traditional retirements saving plans, understanding loans and withdrawals, nearing retirement and a focus on financial wellness.  

Do you know if you are on track to meeting your retirement savings goals? Check out their retirement calculator to learn more!

Please note TB12, Inc. does not offer retirement investment advice. You're encouraged to leverage all benefits offered and seek the guidance of a financial advisor should you want further guidance on retirement planning.  

QUESTIONS? 

2022 BENEFIT CENTRAL

ADDITIONAL RESOURCES

VACCINATIONS

RETURN TO WORK - KEEPING EVERYONE SAFE

• Wash your hands regularly and use sanitizer throughout the day.
• Keep your surfaces clean by regularly wiping them down with disinfectant wipes. These are located throughout the office. 
• If you prefer to wear a mask, you can certainly do so. These are provided by the printer.
• Work to maintain your own health, manage stress levels, be sure to take time to unplug, and, of course, get a good night's sleep, stay hydrated, eat nutritional meals, and exercise.  
• If there's anything you need for support of your health and wellness, don't hesitate to reach out to HR.

QUESTIONS?