Important Notice for Employees Currently Enrolled in Whole Life
Effective 1/1/2025, Magnum will no longer provide this benefit via payroll deduction. You will receive a letter from UNUM in January 2025 outling continuation of your coverage with two payment options (automatic bank draft or direct billing to your home). Please contact HR if you have any questions at 701-561-7044 or [email protected].
Whole Life vs Term Life Insurance
Magnum, LTD. is proud to offer a comprehensive benefits package.
A great deal of time and effort has been invested in designing, funding, and maintaining a quality benefit plan. You and your family can also play an important role in getting the most from your benefits by making sure that you understand them. When possible, you are offered options so that you can select the plan that best fits your needs. To get the most value from your benefits, carefully consider which options are right for you and your family. Because your premiums are generally deducted on a pre-tax basis, IRS regulations may prohibit you from making enrollment changes outside of annual enrollment, unless you experience a qualifying event.
Who is Eligible?
Full time employees and their dependents are eligible for Magnum, LTD’s benefits package on the first of the month following 30 days of employment, unless otherwise stated below. Eligible dependents include your spouse and children under age 26, married or unmarried.
When enrolling yourself, you will need to have your address and social security number readily available. When enrolling dependents (child(ren) and/or spouse), you will need to have their name, address, date of birth, and social security number readily available for each dependent.
Important Information
Blue Cross Blue Shield of ND
• AllMyHealth Member Activation Flyer
• AllMyHealth Wellness Resources Flyer
• Blue 365
• Diabetes Prevention - Livongo
Medical
• Understanding How Your Claims Work Flyer
• Preventive Care vs. Diagnostic Care
Plan Summaries and Descriptions
• PPO Blue HDHP 3500 - SBC (2024)
• PPO Blue HDHP 3500 - SBC (2025) **NEW**
• PPO Blue HDHP 3500 - Summary Plan Description
• PPO Blue HDHP 6350 SBC (2024)
• PPO Blue HDHP 6350 SBC (2025) **NEW**
• PPO Blue HDHP 6350 - Summary Plan Description
What employees need to know about Medicare?
Paid Medical Leave
Virtual Care
• Pricing
Dental
Vision
Life Insurance
• Basic Life and AD&D Plan Summary
• Voluntary Life and AD&D Plan Summary
Disability
• Short-term Disability Plan Summary
• Long-term Disability Plan Summary
Voluntary Benefits - Unum
Employee Assistance Program / Health Advocate
• Caring for you in all ways, Always - Poster
LegalShield ID Shield **NEW in 2025**
These videos are an outline of the coverage proposed by the carrier(s), based on information provided by your company. It does not include all of the terms, coverage, exclusions, limitations, and conditions of the actual contract language. The policies and contracts themselves must be read for those details. Policy forms for your reference will be made available upon request
The intent of these videos are to provide you with general information regarding the status of, and/or potential concerns related to, your current employee benefits environment. It does not necessarily fully address all of your specific issues. It should not be construed as, nor is it intended to provide, legal advice. Questions regarding specific issues should be addressed by your general counsel or an attorney who specializes in this practice area.
If you have specific questions about any of the benefit plans, please contact the administrator listed below or your Human Resources.
Benefits Call Center • 888-598-2040
Monday – Friday • 7:00am – 5:00pm CST
At Magnum we believe our most valuable asset, is our employees. Throughout the year we work with our employee benefit partners to ensure we offer benefits that are valued and designed to best meet the needs of our employees.
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