You Join the Corporation

Remember that for some benefits—primarily your healthcare coverage—the deadline for enrolling is 31 days from your first day as an active, benefits-eligible employee. If you don't enroll within these first 31 days, you generally will not be able to enroll for healthcare coverage or open a flexible spending account until the next annual enrollment period. If you miss the 31-day deadline, you can still apply for supplemental life insurance for yourself and coverage for your eligible family members, but you will usually have to provide evidence of insurability satisfactory to the insurance company before the coverage begins. If you have any questions about how to enroll, check the benefits information on The McGraw-Hill Companies intranet or call the HRSC toll-free at 1-888-THE-HRSC (1-888-843-4772).


Medical, Dental, and Vision Coverage	You can enroll within 31 days of your first day working as an eligible employee. If you miss the 31-day deadline, you'll have to wait until the next annual enrollment period to enroll, unless you have a qualifying change in status or lose other healthcare coverage. You can choose to waive coverage from the Corporation—for example, if you prefer to use other coverage available to you (such as coverage under your spouse's employer's plan). Determine how benefits would be coordinated if you have coverage under more than one plan (such as the Corporation's plan and your spouse's employer's plan).
Healthcare FSA	Open an account within 31 days of your first day working as an eligible employee. The annual amount you can contribute per year is $5,000. You should prorate the annual amount you contribute based on how much time is left in the calendar year when you enroll.
Dependent Care FSA	If you are eligible, open an account within 31 days of your first day working as an eligible employee. The annual amount you can contribute per year is $5,000. (If you are married, special limits on contributions may apply.) You should prorate the annual amount you contribute based on how much time is left in the calendar year when you enroll. If you are a highly compensated employee, as defined by IRS rules, your contributions may be limited if the rate of participation for lower-paid employees does not reach certain federal benchmarks.
Commuter Benefits Program	You can enroll at any time.
Disability Coverage	Coverage for you under the short-term and basic long-term disability (LTD) plans is automatic, and is provided by the Corporation at no cost to you. You can enroll for supplemental LTD coverage for yourself at any time, but will need to provide evidence of insurability if you enroll after 31 days of your date of hire.
Life and AD&D Insurance	You receive basic life insurance equal to one time your salary up to $100,000 automatically and at no cost to you. If you want supplemental life insurance and enroll within 31 days, you do not have to provide Evidence of Insurability (EOI) for amounts under $250,000. If you enroll later, you will have to provide EOI. If you enroll for more than $250,000, you will have to provide EOI for any amount over $250,000. If you want life or AD&D insurance for your dependents, your spouse will need to provide EOI, but your children will not..
Auto and Home Insurance	You can enroll at any time.
Retirement and Savings Plans	Visit Your Benefits Resources to elect a contribution rate for 401(k) savings contributions. If you do not do this within 60 days, you will be automatically enrolled at 3% and your account will be invested in the default fund. You will receive a packet of information and a password to access Your Benefits Resources, the retirement website, from Hewitt Associates, the Corporation's Retirement Program recordkeeper.