COMPANY BENEFIT SUMMARY
Major Medical - PPO Benefits with BlueCross BlueShield of Tennessee
Website: http://www.bcbst.com to access Network Directories, Pharmacy Programs and e-Health Services
Vision Care
| Vision Exam per calendar year | $10 co-pay |
| One Set of Lenses every calendar year | 100% up to $85 |
| One Set of Frames every 2 calendar years | 100% up to $75 |
| Contact Lenses every calendar year (in lieu of eyeglasses) | 100% up to $150 |
One Wellness Program - allows up to $300 for physical exam
Prescription Drug Plan
| Generic Drugs | $10 Co-pay |
| Brand Name Drugs | $35 Co-pay |
| Maintenance Drugs | 3 co-pays for 3 month supply |
UNUMProvident
Website: http://www.unumprovident.com
Long Term Disability
At no cost to you, a Long Term Disability plan. This plan will provide you with 60% of your covered monthly earnings to a maximum benefit of $5,000 per month.
Short Term Disability
At no cost to you, a Short Term Disability plan. This plan will provide you with 60% of your covered weekly earnings to a maximum benefit of $500 per week.
Term Life & Accidental Death & Dismemberment
At no cost to you, you have coverage in the amount of 1 X Annual salary with a minimum of $25,000 (i.e. Your annual income is $18,000; your benefit is $25,000. Your annual income is $30,000; your benefit is $30,000) and a maximum of $75,000.
LIFEPHASES is a comprehensive service to make your life easier. LifeBalance can provide you with information on a wide range of topics/issues including legal and financial issues, older adult and parenting resources, personal and work-related problems, and all the little things that demand your attention each and every day.
Assist America is a medical emergency assistance company offering assistance to travelers. Should an emergency occur more than 100 miles from home or in a foreign country, a simple phone call to Assist America is all you need.
The Standard Insurance Company
Website: http://www.standard.com
Dental Insurance
100% Preventative Services
Basic Services 80% Major Services 50% Child Services 50%
The Standard Voluntary Life Insurance
You have the opportunity through payroll deduction, to purchase additional Term Life insurance that can supplement the employer paid life coverage. The cost is based on your age and your level of coverage selected.
Vacation
Two (2) weeks
after one (1) year of employment and 3 weeks after 6 years of employment.
You can cash one week out, but you must take the other week vacation.
401 (K) Plan
You are eligible when you have completed 1 year of service, 1000 service hours and are 21 years of age. You may elect to defer up to 15% of your gross earnings on a bi-weekly basis and the company will match 100% of your contributions up to 3%. Associates become 100% vested in the 401(K) plan after 6 years of continuous employment.
Below is an illustration of an Associate’s annual compensation package. The sample Associate is a 28 year old person who makes $25,000 per year and has elected individual coverage with Medical and Dental insurance.
| Compensation Summary | Amount Paid for Your Benefits by the Company | |
| Annual Wages $25,000 | Medical Insurance | $1,755 |
| Dental Insurance | $94 | |
| Life Insurance | $36 | |
| Misc. Benefit Information | Long Term Disability | $55 |
| Short Term Disability | $156 | |
| Life Insurance $25,000 | Unemployment Insurance | $270 |
| (1 x salary) | Medicare | $362 |
| Social Security | $1548 | |
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| Total Benefits | $4276 |
TOTAL COMPENSATION PACKAGE
$29,276