2022 Employee Benefit Guide This booklet provides only a summary of your benefits. All services described within are subject to the definitions, limitations, and exclusions set forth in each insurance carrier or provider’s contract. U P D A T E O N H E A L T H C A R E R E F O R M Benefits f or 2022 Introduction 3 For the 2022 plan year, XYZ COMPANY has worked hard to offer a competitive total rewards package that includes valuable and competitive benefits plans. These programs reflect our commitment to keeping our staff healthy and secure. We understand that your situation is unique, and XYZ COMPANY is offering an overall benefits package that can be shaped and molded by you to fit your needs. As an employee of XYZ COMPANY enjoying your work and making valuable contributions to business are equally vital. The health, satisfaction and security of you and your family are important, not only to your well - being, but ultimately, in terms of achieving the goals of our organization. This benefits booklet is a summary description of your XYZ COMPANY benefit plans . If there is a discrepancy between these summaries and the written legal plan documents, the plan documents shall prevail . This booklet and plan summaries do not constitute a contract of employment . We hope this benefits booklet, along with our additional communication and decision - making tools, will help you make the best health care choices for you and your family. Effective January 1, 2019 the Tax Cuts and Jobs Act (TJCA) repealed the individual mandate to maintain health insurance or be responsible for a “shared responsibility payment”. We hope to keep offering these benefits as a valuable part of your total compensation in the future. However, because we offer you coverage that satisfies all the health reform requirements, you will not qualify for any federal assistance to purchase an individual or family policy on the open market (the “marketplace”).