Claw is committed to providing a competitive, cost-effective benefit program. Below are the benefit offerings effective 1/1/2022-12/31/2022
• Medical/Rx Insurance-Health Alliance Plan (HAP)
3 plan options are available:
PPO High Deductible Health Plan 2500. If electing the HSA plan, your Health Savings Account will be through Health Equity
• Dental coverage offered through Metlife- Orthodontia coverage available
• Vision coverage offered through EyeMed
• Life, Disability and Voluntary disability coverage is offered through Prudential
• You will have access to Telehealth through American Well
Additional information can be found in the Benefit Guide below.
BCBCBSM and BCN will continue to be our medical provider for the 2021-22 plan year
You have three medical plan options, detailed benefit summaries for each can be found below:
If you elect the PPO HSA 2500 plan, CLAW contributions $500 employer funding annually.
A Health Savings Account (HSA) is a tax-free savings account is owned by you, is 100% vested from day one, and let’s you build up savings for future needs. The funds may be used to pay for qualifying healthcare expenses not covered by insurance or any other plan for yourself, your spouse, or tax dependents. You decide how much you would like to contribute, when and how to spend the money on eligible expenses, and how to invest the balance.
2022 IRS Contribution Limits:
Two Person or Family: $7,300
Contribution limits include your individual contribution as well as any employer contributions. The combined total can not exceed the amount(s) mentioned above each calendar year.
Our dental plan provides comprehensive coverage to help you and your family maintain good dental health. Providers are part of the Metlife network, or you may see an out-of-network dentist of your choice. Be aware if you go out-of-network, your costs will be higher.
Review your coverage details in your Benefit Guide.
DID YOU KNOW?
We offer vision coverage through EyeMed to help pay for eye exams, prescription glasses and contact lenses. You receive a higher level of benefits when you see a provider in the EyeMed Network. Review your coverage details in your Benefit Guide
We provide all eligible team members with Company paid Basic Life/AD&D coverage. Voluntary Employee Life, Dependent Life, Short Term Disability and Long Term Disability are available as Employee paid benefits through Prudential.
Employees working 30 or more hours per week are eligible for $50,000, in coverage payable to your designated beneficiary in the event of your death. An additional accidental death & dismemberment benefit (AD&D) is payable to you in the event of a covered dismemberment or to your beneficiary if your death is the result of an accident.
A sudden accident or death can leave you or your loved ones in a vulnerable position. Employees have the opportunity to enroll in Voluntary Life/Dependent 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
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. Your coverage through Prudential pays 60%of your income to a maximum of $1,500 per week.
Long Term Disability
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. Benefits begin after a 90 day elimination period are are equal to 50% of covered monthly earnings up to $5,000 for full-time employees.
Please review your Employee Benefits Guide for additional details.