ADDITIONAL VOLUNTARY BENEFITS BENEFITS THAT FIT YOUR UNIQUE NEEDS

Transcription

1 ADDITIONAL VOLUNTARY BENEFITS BENEFITS THAT FIT YOUR UNIQUE NEEDS

2 2ADDITIONAL VOLUNTARY BENEFITS ADDITIONAL VOLUNTARY BENEFITS You re unique. Make sure your benefits package is, too. MGM MIRAGE offers a variety of additional voluntary benefits. Choose the benefits that fit your needs and personalize your benefits package. And, because many of these benefits are offered at low group rates with convenient automatic payroll deduction, you save time and money. Review this brochure to learn which voluntary benefits are right for you. You may find Tony s*, Jen s* and Ronald s* stories helpful. For more information about any of these benefits, contact the appropriate vendor their information is on the back cover. * Characters are created to help you better understand your benefits options, and are not MGM MIRAGE employees. Life Insurance Disability Insurance Supplemental Insurance... 5 Auto/Homeowner s/ Renter s/pet Insurance Legal Protection Other Benefits Voluntary Benefits Vendor Directory.. Back cover

3 ONE SIZE DOES NOT FIT ALL You step into the unknown every day. Do you have a safety net? Life Insurance Even with the best plans in place, it s impossible to see what s coming tomorrow. If something were to happen to you, how would your mortgage, car payment, credit card bills and other expenses get paid? Your MGM MIRAGE benefits package includes life insurance equal to one times your annual base income, at no cost to you. If that s not enough to give you and your family peace of mind, you can purchase additional term life insurance through Sun Life. Term Life and AD&D Insurance provided by Sun Life Select the coverage amount, up to $1,000,000 or five times your annual base income (whichever is less), and the benefit is payable to the beneficiaries you elect. In addition, you can purchase voluntary Accidental Death & Dismemberment (AD&D) insurance to complement your term life policy. You may also purchase term life insurance for your spouse and dependent children. 3

4 ADDITIONAL VOLUNTARY BENEFITS Disability Insurance Picture yourself with nine of your coworkers. Chances are, three of you will become disabled at some point before retiring. How would you pay for everyday expenses like your home, car and groceries if you were unable to work for awhile? Disability insurance is income replacement. You can have peace of mind knowing your income is protected when you cannot work due to an accident, serious illness or pregnancy. Short-Term Disability provided by Sun Life Short-term disability insurance can replace your income for up to 26 weeks. You can choose the elimination period that best meets your needs: Elimination Period: The waiting period before you receive benefits. Choose 14 days or 30 days. Benefit Amount: Coverage replaces 60% of your income, up to a maximum benefit of $1,000 per week. Long-Term Disability provided by Sun Life Long-term disability insurance can replace your income when you are unable to work for an extended period of time. Choose your level of benefit and the benefit duration that best meets your needs: Benefit Amount: Choose to replace 50% or 60% of your income, up to a maximum benefit of $10,000 per month. Benefit Duration: Choose the length of time the benefit is payable to you: five (5) years or up to age 65. Long-term disability benefits begin after the 180-day elimination period. Disability benefits keep Tony in the game Work hard, play hard that s my motto! My indoor soccer league keeps me busy. But last February, I hurt my knee during a game. A surgery sidelined me for the rest of the season. Worse, I couldn t work for nearly six weeks. My short-term disability insurance was a lifesaver. The money coming out of my paychecks for the insurance was no big deal. And I appreciated the money coming in while I was away from work. I m back at work now, and soon I ll be back on the soccer field. I ve still got my disability insurance. You just can t put a price on peace of mind. 4

5 ONE SIZE DOES NOT FIT ALL Supplemental (Personal) Insurance If you ve ever been out of work because of an illness or injury, you know there is one thing that is increasingly hard to come by: cash! Supplemental insurance plans by Aflac can help by paying you cash to help cover your out-of-pocket expenses. MGM MIRAGE offers you the choice of three supplemental insurance plans: Specified Health Event Protection provided by Afl ac Every 26 seconds, an American suffers from a heart attack. Every 45 seconds, a stroke. These are just two of many health events that can change a person s life quickly and without warning. This policy pays a first occurrence benefit as well as hospital confinement and continuing care for heart attacks, strokes and much more. Personal Accident Indemnity Plan provided by Afl ac Accidents are the leading cause of injury-related emergency room visits. The Personal Accident Indemnity Plan pays for initial treatment, hospital confinement and much more, whether an accident occurs on or off the job. Supplemental benefits protect Jen and her son My son Michael is my pride and joy. Just ask my family and friends they ll tell you about all the photos of him that I carry. Making sure he gets to enjoy his childhood no matter what is a big priority for me. I enrolled in Aflac s Personal Accident Indemnity Plan, just in case. If I end up in the emergency room thanks to a clumsy fall or other accident, the plan will help make sure Michael and I still have cash for groceries, school field trips and his Little League dues. It feels good knowing MGM MIRAGE offers benefits that help me take great care of my son. Personal Cancer Indemnity Plan provided by Afl ac According to the American Cancer Society, men in the United States have slightly less than a 1-in-2 risk of developing cancer during their lifetime; for women, the risk is a little greater than 1-in-3. The Personal Cancer Indemnity Plan includes coverage for just about every part of the treatment regimen, from hospital confinement to radiation and chemotherapy. The policy also pays a first-occurrence benefit when a covered individual is first diagnosed as having internal cancer. 5

6 ADDITIONAL VOLUNTARY BENEFITS Auto/Homeowner s/ Renter s/pet Insurance What if there were a way to get discounted insurance and pay for it painlessly out of each paycheck? Wouldn t that be convenient? That s what makes MetLife s auto, homeowner s and renter s insurance so attractive. You apply, and payment of your premium is taken care of automatically. Additionally, because you get group discounts, you can save both time and money. Auto/Homeowner s/renter s Insurance provided by MetLife Special group rates and discounts can save you money and provide valuable coverage for all your personal property and liability insurance needs. MetLife Auto and Home policies provide you with the security you need to protect your home, car and wallet. Veterinary Pet Insurance provided through MetLife by VPI/NCC Make sure your family s pet gets the care it needs, by the veterinarian you want, with Veterinary Pet Insurance. You will rest assured knowing that help is available to handle the ever-increasing costs of caring for your special friend. May not be available at all locations. Ronald s stress-free voluntary benefits Our children are all grown and out on their own well, all except for Rusty. We ve had our golden retriever since he was a puppy, and he has full run of the house. Rusty is a big part of our family and his health is important to us. That s why I ve got pet insurance through MetLife. When Rusty was sick last spring, we could focus on caring for him instead of worrying about veterinary bills because his treatment was covered by the plan. Benefits that take the stress out of life and let us focus on what really matters that s what I m looking for. Need more information? Turn to the back cover. 6

7 ONE SIZE DOES NOT FIT ALL Legal Protection Even in today s complex world, you can have peace of mind with affordable access to legal guidance, on a variety of topics, should the need arise. MetLaw provided by Hyatt Legal Plans, a MetLife Company Update your will... sell a home on your own... fight a speeding ticket you never know when you might need access to legal advice or representation. MetLaw comes with a network of more than 10,000 participating attorneys specializing in a variety of areas. Legal advice is only a phone call away. MetDESK provided by MetLife If you have a child with special needs, you know that you have to make decisions most parents never think about. MetDESK is MetLife s Division of Estate Planning for Special Kids. This voluntary benefit helps families, who have children and/or other dependents with special needs, through the complicated maze of legal and financial planning. Through education, MetDESK can help secure not only lifetime care, but also quality of life and financial freedom for dependents. Other Money-Saving Benefits Don t forget about other money-saving benefits MGM MIRAGE offers: Health Care and Dependent Care Flexible Spending Accounts and the 529 College Savings Plan! Flexible Spending Accounts (FSAs) allow you to pay for eligible health care and dependent care expenses tax-free. The 529 College Savings Plan allows you to invest money that can grow tax-free to pay for educational expenses later. Visit the Benefits Service Center Web site at mgmmirage.benefitsnow.com for details about these benefits. This guide is an overview of additional voluntary benefits offered by MGM MIRAGE. It is subject to change and not a substitute for the policies contained in legal plan documents, or contracts with health plans and insurance carriers. 7

8 For more information visit the Benefits Services Center Web site at mgmmirage.benefitsnow.com, call (866) or contact the appropriate vendor below. ADDITIONAL VOLUNTARY BENEFITS Benefi t Contact When you can enroll Auto/Homeowner s/ Renter s Insurance Flexible Spending Account (FSA) MetLaw Legal Protection Pet Insurance Short- and Long-Term Disability Insurance Supplemental (Personal) Insurance Term Life Insurance 529 College Savings Plan MetLife (800) GET-MET 8 (800) metlife.com/mybenefits CIGNA (800) CIGNA 24 (800) MetLife (800) GET-MET 8 (800) metlife.com/mybenefits MetLife (800) GET-MET 8 (800) metlife.com/mybenefits Sun Life Customer Service (866) Aflac (800) aflac.com/mgmmirage Sun Life Customer Service (866) MFS (866) mgmmirage401k.com Anytime during the year Anytime during the year Anytime during the year *Examples of Qualifying Life Events (QLEs) include marriage, divorce, birth or adoption of a dependent, changes to your employment status, and more. Contact the Benefits Service Center within 31 days of an event if you need to make benefit changes.