My Medical Benefits
Simple Energy offers two contributory medical plan to their employees: Copay HMO and High Deductible HMO. These plans are administered by Cigna.
Summary of Benefits & Coverages (SBC)
Benefit Summaries
Contributions
Eligibility
All full-time employees who work at least thirty-two (32) hours per week are eligible for medical coverage following 90 days of employment.
Pharmacy Information
Forms and Plan Information
Discount Programs for Weight Loss
My Telehealth Benefits
Employees enrolled under the Cigna medical plan have access to one (1) telehealth services – MDLive. Via phone or video conference you can consult with a board certified physician to obtain convenient care for minor conditions/symptoms. You are encouraged to register now, so you can avoid this process in the future when circumstances cause you to obtain the consult. Any payments for these services are automatically applied to the out-of-pocket maximum under your plan.
My Dental Benefits
My Vision Benefits
Simple Energy offers their employees two vision plans.
Contributions
Eligibility
All full-time employees who work at least thirty-two (32) hours per week are eligible for medical coverage following 90 days of employment.
My Group Life and AD&D Benefits
Simple Energy gives their employees Life and Accidental Death & Dismemberment coverage through the Hartford.
Contributions
This is 100% Employer paid.
Eligibility
All full-time employees who work at least thirty-two (32) hours per week are eligible for medical coverage following 90 days of employment.
My Group Life and AD&D Benefits
Simple Energy offers their employees to ability to enroll in Voluntary life insurance.
Contributions
This is 100% Employee paid.
Eligibility
All full-time employees who work at least thirty-two (32) hours per week are eligible for medical coverage following 90 days of employment.
My Voluntary Short Term Disability Benefits
Simple Energyoffers Short Term Disability Coverage through the Hartford.
Contributions
This is 100% Employee paid.
Eligibility
All full-time employees who work at least thirty-two (32) hours per week are eligible for coverage following 90 days of employment.
My Long Term Disability Benefits
Simple Energy offers Long Term Disability coverage through the Hartford.
Contributions
This is 100% Employer paid.
Eligibility
All full-time and part-time employees who work at least thirty-two (32) hours per week are eligible for coverage following 90 days of employment.
My Voluntary Accident Benefits
Simple Energy offers a voluntary accident plan to eligible employees. Voluntary accident insurance provides a range of fixed, lump‐sum benefits for injuries resulting from a covered accident. Examples of covered services are below:
Contributions
Eligibility
All full-time employees who work thirty-two (32) hours per week are eligible for coverage following 90 days of employment.
Forms and Plan Information
My Voluntary Critical Illness Benefits
Simple Energy offers employees the ability to enroll in a voluntary critical illness insurance benefit.
Contributions
Rates
Eligibility
All full-time employees who work at least thirty-two (32) hours per week are eligible for coverage following 90 days of employment.
My Retirement Benefits
Simple Energy cares about the financial future of our employees This program has been carefully chosen to be comprehensive and provide opportunities for the employees to save for their retirement.
Simple Energy employees’ retirement plan consists of a 401(k) Plan which employees are eligible to participate in immediately upon employment.
- Simple Energy profit sharing contributions are vested on the following schedule:
- If Employee contributes 3%, Simple Energy will match 3
- If Employee contributes 4%, Simple Energy will match 3 .5%
- If Employee contributes 5%, Simple Energy will match 4%
- Employee and Employer contributions are 100% vested day one.
- Based on the discretion of ownership, Simple Energy may offer a Profit Sharing Contribution. To be eligible for the contribution, and employee must be 18 years old, 1000 hours of service work in the calendar year, and must have been employed by Simple Energy for at least 12 months. Simple Energy Profit Share contributions are as follows:
Eligibility
To be eligible for the contribution, and employee must be 18 years old, 1000 hours of service work in the calendar year, and must have been employed by Simple Energy for at least 12 months.
SmartConnect - Medicare Resource
The Richards Group has partnered with SmartConnect™, an exclusive, no-cost program created specifically to connect Medicare-eligible working adults to the world of Medicare benefits. Whether an employee plans to continue working or is transitioning to retirement, we tailor solutions designed around their needs. Our agents provide an unfiltered view of the entire range of options and prices available to the employee.
SmartConnect Contact Information
For more information or to get started, please click on the following link:
Additional Information
My Tuition Assistance Benefits
Simple Energy’s tuition assistance program is designed to help employees pay back student loan debt and improve their financial well-being.
Utilizing the relationship with The Richards Group, consultation services provided through GradFin are provided free of charge. GradFin is a new employee benefit program that is revolutionizing the way employees can reduce their student loan debt.
GradFIN will provide:
- One-on-one education consultations with GradFin Consultation Experts to review your current loan status and discuss personalized payoff options to save on your loans.
- GradFin will offer a competitive interest rate reduction when you refinance your loans.
- GradFin will offer the lowest interest rates in the industry through their lending platform which is made up of ten lenders to maximize the chances that you will be approved for a new loan.
For more information or to schedule a one-on-one consultation visit:
Contact Information
Phone: (844) GRADFIN
For more information or to schedule a one-on-one consultation visit:
Plan Information
