WELCOME
Helping you and your family reach and maintain good health is very important to Advanced Vehicle Assemblies. AVA is pleased to offer a selection of benefits designed with your health and financial wellbeing in mind. We review our benefit programs each year to ensure we consider the best combination of benefit coverage, network access and affordability for employees.
ENROLLMENT
The Benefit choices you make during your your open enrollment remain in effect for the entire year.
You can, however, modify your elections under certain circumstances, called "Qualifying Events" These are events such as marriage, divorce, birth or adoption of a child, loss of eligibility under another plan. If you experience a qualifying event, you may make changes to your benefits within 30 days of the event or 60 days if the event is due to birth or adoption of a child.
Refer to your Employee Benefits Guide or contact Human Resources if you have questions about qualifying events.
MEDICAL/RX
Advanced Vehicle Assemblies offers the Consumer Driven Health Plan (CDHP) through Blue Cross Blue Shield of Michigan. A consumer driven health plan pairs a high-deductible health plan with a tax-free Health Savings Account (HSA) that reimburses you for current and future medical expenses. All services, including prescriptions through OptumRX and office visits are subject to the annual deductible except for certain preventive care services. Preventive care services are covered at 100% in network with no deductible. Your CDHP provides in-and-out-of-network coverage, and you have the option to choose any provider when you need care.
TELEMEDICINE
AVA provides those employees who are covered by one of the BCBS medical plans access to virtual visits with BCBSM Online Visits. BCBSM Online Visits provide members the opportunity to receive medical and mental health care from the comfort of your own home. With BCBSM Online Visits, eligible employees and dependents have access to board certified doctors, psychiatrists and licensed therapists 24 hours a day, 7 days a week, 365 days per year.
DENTAL
AVA provides comprehensive coverage to help you and your family maintain good dental health.
VISION
AVA offers vision coverage through Blue Cross Blue Shield & VSP to help pay for eye exams, prescription glasses and contact lenses. You receive a higher level of benefits when you see a provider in network, however, out-of-network coverage is provided but may only be handled as reimbursements in some situations. Review your coverage details in your Benefit Guide.
HEALTH PLAN COSTS
Paying for your Benefits You share in the cost of your benefits through payroll deductions/reductions.
Tax-Free Dollars The cost of most of the benefits you choose are paid with your tax-free dollars. When you buy benefits with tax-free dollars you reduce your taxable income by the amount of the payroll deduction and pay less income tax. That is because your tax-free dollars are exempt from federal income tax, social security tax, and (in most states) state income tax. Medical, Dental and Vision contributions are paid with tax-free dollars. Note: When you buy benefits with tax-free dollars, you reduce your taxable income and your taxes. Because this reduces your income, it may also reduce your future Social Security benefit, which is based on your earnings. Usually, the effect on your Social Security is relatively minimal compared to the tax savings.
After-Tax Dollars When you buy your benefits with after-tax dollars, you reduce your income by the amount of the payroll deduction after taxes have been withheld from your earnings. The cost of Voluntary Life Insurance, Long Term and Short-Term Disability benefits are paid with after tax dollars.
LIFE & DISABILITY
AVA provides you with financial protection options for life, accidental death & dismemberment, short term disability and long term disability with Unum.
Life/AD&D
A sudden accident or death can leave you or your loved ones in a vulnerable position. Employees have the opportunity to enroll in Term Life and Accidental Death & Dismemberment insurance which will supplement lost income in the event of an accident or death. If you choose to enroll in employee coverage, this will be in addition to your employer provided Basic Life coverage.
Who's Your Beneficiary? Naming a beneficiary is a crucial part of electing life insurance. Also, don't forget to update your primary or secondary beneficiary if you experience a life event, such as a divorce or birth of a child.
Short Term Disability (Provided at No-Cost to you)
Everyday illnesses or injuries can interfere with your ability to work. Even a few weeks away from work can make it difficult to manage household costs. Short Term Disability coverage provides financial protection for you by paying a portion of your income, so you can focus on getting better and worry less about keeping up with your bills.
Long Term Disability (Provided at No-Cost to you)
Serious illnesses or accidents can interrupt your life, and your ability to work for months – even years. Long Term Disability provides financial protection for you by paying a portion of your income, so you have financial support to manage your disability and your household.
Please consult your Employee Benefits Guide and review the benefit summaries for additional details.
HSA
The Health Savings Account (HSA) allow you to set aside pre-tax dollars to pay for eligible expenses. By contributing to a HSA you reduce your taxable income, so you pay less in taxes — which saves you money.
To be eligible to contribute towards an HSA tax-free, you must meet the requirements below:
- Covered by a Qualified High Deductible Health Plan
- You cannot be covered by another health plan (including if your spouse has a Flexible Spending Account)
- You cannot be covered by Medicare or Medicaid
- You cannot be eligible to be claimed as a tax dependent
- You have not received VA benefits in the past 90 days
HSA IRS Maximums for 2021 are as follows:
$3,650 for a single contract
$7,300 for a two person or family
Annual Employer contribution: $500
$1,000 "Catch Up" contribution for those age 55+
MENTAL HEALTH RESOURCES
Your mental wellbeing is equally important as your physical wellbeing. Advanced Vehicle Assemblies recognizes the importance of taking good care of yours and your families mental health. AVA provides all employees and their dependents access to the Employee Assistance Program with Unum. For those employees covered by a BCBSM/BCN medical plan, you and your covered dependents also have access to virtual mental health services with BCBSM Online Visits (registration link included in Telemedicine section).