Core Plan
- 100% of annual earnings to a maximum of $300,000
- minimum coverage of $40,000
- Reduces 50% at age 65 and terminates at age 70
- 100% of annual earnings to a maximum of $300,000
- minimum coverage of $40,000
- Reduces 50% at age 65 and terminates at age 75
- Units of $10,000 to a maximum of 250,000
- Requires medical application
- Spouse $20,000
- Each Child $10,000
- Units of $25,000 to a maximum of $200,000 for employees and spouses
- All eligible employees of a member Company under age
- Amount is 7% of the first $4000, 53% of the remaining monthly balance rounded to the nearest dollar up to a maximum benefit of $8,000 per month.
- Benefit is non-taxable
- Waiting period is 120 days
- No deductible
- 100% coverage for mandatory generic prescription drugs, less the dispensing fee, $5000 maximum
- $500 annual maximum, per practitioner, per covered person
- Out of Country Travel
- Ambulance
- Vision one eye exam every 24 months
- Employee Family Assistance Plan (EFAP)
- No deductible
- 80% reimbursement for basic dental
- 50% for dentures, crowns and bridgework (major dental)
- 50% coverage for orthodontics for dependent children (age 19 or younger)
- $2,000 per person per annual maximum for all basic and major dental combined
- $2,000 lifetime maximum per child for orthodontic services
- Recall exams once every 9 month
Bronze Plan
- $40,000
- Reduces to 50% at age 65 and terminates at age 70
- $40,000 – same as Life Insurance
- Units of $10,000 to a maximum of 250,000
- Requires medical application
- Spouse $10,000
- Each Child $5,000
- Units of $25,000 to a maximum of $200,000 for employees and spouses
- All eligible employees of a member Company under age
- Amount is 66.7% of the first $4,000, 53% of the remaining monthly balance rounded to the nearest dollar up to a maximum benefit of $5,000 per
- Benefit is non-taxable
- Waiting period is 120 days
- No deductible
- 80% coverage for mandatory generic prescription drugs, less the dispensing fee
- $1500 Annual Maximum for prescription drugs
- $300 Annual, combined Paramedical maximum
- Out of Country Travel
- Ambulance
- Vision one eye exam every 24 months
- Employee Family Assistance Plan (EFAP)
- No deductible
- 80% reimbursement for basic dental only
- $850 Annual maximum
- 9 month recall exams