/General/General%203.png?width=1280&height=853&name=General%203.png)
Medicare Advantage, sometimes known as “Part C,” is something of a catch-all choice for Univision Communciations employees who are ready to sign up for Medicare. Medicare Advantage plans are offered by private insurers in conjunction with the Medicare program and can provide you with additional health insurance coverage.
What’s in them?
In addition to signing up for Medicare Part A (hospital stays) and Part B (medical coverage), Medicare Advantage plans offer their subscribers extra features. This frequently, but not always, includes the Medicare Part D prescription drug plan. In some cases, Medicare Advantage plans offer coverage for areas not normally offered within regular Medicare plans. This can include dental, hearing, and vision insurance.
What are the rules?
Medicare pays for a fixed amount of your health care to Univision Communciations offering your Medicare Advantage (MA) plan. Beyond that, each MA plan requires different out-of-pocket fees. Those fees can vary from plan to plan. Depending on your plan, you may have different rules you need to follow when seeking a medical referral to get treatment from a specialist or if you are seeking non-urgent care (even from health care providers within the plan). It’s also important to remember that rules, requirements, and features may change from year to year. It will be important to make sure that those changes line up with any treatment that you need.
Featured Video
Articles you may find interesting:
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
What about my prescriptions?
While most MA plans offer Part D coverage for prescription drugs, some don’t. One example would be Medicare Medical Savings Account plans. In cases where the plan can’t or chooses not to offer prescription drug coverage, you may have the ability to join a separate Medicare Prescription Drug Plan, depending on the type of plan you enroll in. You will likely have a number of questions and concerns as you examine your options for Medicare Advantage plans. Discuss these with a trusted financial professional who can help you make choices that may best fit your lifestyle.
1. Medicare.gov, 2022
What is the 401(k) plan offered by Univision Communications?
The 401(k) plan at Univision Communications is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.
How can I enroll in the 401(k) plan at Univision Communications?
Employees can enroll in the 401(k) plan at Univision Communications by completing the enrollment form available through the HR portal or by contacting the HR department for assistance.
Does Univision Communications offer a company match for the 401(k) contributions?
Yes, Univision Communications offers a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions outlined in the plan documents.
What are the contribution limits for the 401(k) plan at Univision Communications?
The contribution limits for the 401(k) plan at Univision Communications follow the IRS guidelines, which may change annually. Employees should refer to the latest IRS announcements for current limits.
Can I change my contribution percentage for the 401(k) plan at Univision Communications?
Yes, employees can change their contribution percentage for the 401(k) plan at Univision Communications at any time by submitting a request through the HR portal.
What investment options are available in the Univision Communications 401(k) plan?
The 401(k) plan at Univision Communications offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles, allowing employees to choose based on their risk tolerance.
When can I access my 401(k) funds from Univision Communications?
Employees can access their 401(k) funds from Univision Communications upon reaching retirement age, or under certain circumstances such as financial hardship or termination of employment, subject to plan rules.
Is there a vesting schedule for the company match in the Univision Communications 401(k) plan?
Yes, Univision Communications has a vesting schedule for the company match, which determines how much of the employer contributions employees are entitled to based on their years of service.
What happens to my 401(k) plan if I leave Univision Communications?
If you leave Univision Communications, you have several options for your 401(k) plan, including rolling it over to another retirement account, leaving it with the plan, or cashing it out, subject to taxes and penalties.
Can I take a loan against my 401(k) at Univision Communications?
Yes, Univision Communications allows employees to take loans against their 401(k) balance, subject to specific terms and conditions outlined in the plan documents.
-2.png?width=300&height=200&name=office-builing-main-lobby%20(52)-2.png)
.webp?width=300&height=200&name=office-builing-main-lobby%20(27).webp)
-2.png)
.webp)