2024-BenefitsGuide-V16-Final

When Coverage Ends

COVERAGE ENDS ON THE DATE OF YOUR EMPLOYMENT TERMINATION Coverage for you and your dependents ends on the day your employment terminates. This includes coverage under medical, dental, vision, life, accidental death and dismemberment, disability, and participation in the FSA. Deferrals into your HSA will also end. Continuation coverage is available for medical, dental, vision, and, in some instances, FSA (restrictions apply) through COBRA. CONTINUED ELIGIBILITY IN RELIANCE REWARDS DUE TO TERMINATION, LAYOFF, OR REDUCTION IN HOURS Reliance Rewards coverage ends on the last day you are an active employee. You are eligible to continue your coverage under COBRA if you lose your benefits due to a reduction in your scheduled work hours or if you terminate for any reason other than gross misconduct. Below are the 2024 monthly COBRA rates for your reference.

LOW PPO/ SAVER PLAN

COVERAGE TIER

HIGH PPO PLAN

DENTAL

VISION

Employee

$756.84

$704.82

$32.64

$5.17

Employee & Spouse

$1,591.20

$1,483.08

$68.34

$10.85

Employee & Child(ren)

$1,440.24

$1,342.32

$61.20

$9.82

Employee & Family

$2,425.56

$2,258.28

$102.00

$16.53

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