Medical
Let’s figure out which Medical Plan is best for you:
Base Plan
- Type of Plan:
High Deductible with HSA - Deductible:
$3,500 (Individual) / $7,000 (Family) - What You Pay:
Typically 20% after meeting deductible - Out-of-Pocket Maximum:
$5,000 (Individual) / $10,000 (Family)
NEW Pharmacy Benefit Changes
- Maintenance Choice:
This year, you'll have the option of receiving your 90-day maintenance medications at CVS Pharmacy or through CVS Caremark Mail Service Pharmacy. Benefit from lower copays for 90-day prescriptions. - Step Therapy:
Generics will be required before brand-name drugs, helping save you up to 75% on your prescriptions.
Dental
Good dental health is a critical component of your overall health. Your dental plan is provided by Principal and provides benefits for preventive, basic and major services. Orthodontia is available for children. To find an in-network provider, visit principal.com
Dental DMO
- Type of Plan:
Dental PPO - Deductible:
$0 for preventive, $50 for other services - Cleaning Cost:
Free - Orthodontia:
$1,000 lifetime maximum - Annual Benefit Maximum:
$1,000 combined maximum
Vision
This year we are offering a vision plan to meet your needs! An annual eye exam is about much more than healthy vision. It can help you manage your overall health and wellbeing, too. If you wear glasses or contacts, you know vision expenses can add up. We are proud to offer you vision coverage through EyeMed!
Vision Plan
- Type of Plan:
Vision - Copay:
$10 copay - Contact Lenses:
$150 allowance, 15% off over - Frames:
$150 allowance, 20% off over - Service Frequency:
Exams/Lenses: 12 months; Frames: 24 months
Company-Paid Benefits
Basic Life and AD&D
$15,000 of coverageVerlander Enterprises automatically provides basic life and AD&D insurance through Lincoln Financial at no cost to you. Your benefit coverage is $15,000. If you have attained age 65 but are less than 70 years of age, your benefit will be reduced to 65% of the benefit amount. At age 70 and older, your benefit will be reduced to 45%.
Certificate
Long-Term Disability Insurance
60% of Pay - $7,500 Max Monthly BenefitLong-Term Disability benefits are available if your illness or injury continues longer than 180 days. This coverage is offered to you at no cost and is insured through Lincoln Financial.
Certificate Class 1 (Officers)
Certificate Class 2 (Full-time Salaried)
A Summary of Benefits and Coverage (SBC) has been designed to assist you with better understanding the coverage being offered to you, and to allow you to compare coverage options. The SBC is available on www.ab-vi-cbcbenefits.com. A paper copy is also available, free of charge, by calling 915-581-8314.
El Apple permits insurers to offer employees of El Apple certain voluntary insurance programs. Whether you choose to enroll in any of these programs is completely optional and voluntary. El Apple does not make a contribution towards the cost of these programs and employees pay the full cost of premiums on an after-tax basis. El Apple does not sponsor, maintain, endorse, recommend, or promote these voluntary programs. El Apple'S involvement regarding these voluntary insurance programs is strictly limited to allowing the insurer access to employees to publicize these programs and El Apple may perform certain ministerial functions such as payroll deduction and forwarding employee premium payments to the insurer. El Apple does not receive any consideration in the form of cash or otherwise in connection with the program, other than reasonable compensation, excluding any profit, for administrative services actually rendered in connection with payroll deductions. Accordingly, these voluntary insurance programs are not subject to ERISA and related regulations. All questions or claims regarding these programs should be directed to the insurer.
All benefit plans are governed by master policies, contracts, and plan documents. In the event of any inconsistency between the information contained herein and the applicable plan documents, the provisions of the plan documents shall prevail. El Apple reserves the right to amend, suspend or terminate any benefit plan, in whole or in part, at any time. The authority to make such changes rests with the Plan Administrator.
© Piper Jordan. All Rights Reserved.
© Piper Jordan, LLC. All rights reserved.