Venezia Driver Benefits:
Company Benefits
Full-Time Venezia Employees are Eligible for:
1. Health Insurance:
- a. The Health Insurance includes Major Medical, Hospitalization, Prescription, and other Benefits as explained in the Plan Document and Summary Plan Description Booklet.
- b. Eligibility for The Health Insurance Benefits is the first day of the month following 90 days of continuous employment.
High Option:
In-Network Out-of Network
Deductible: $200 / $400 $500 / $1,500
Coinsurance: 90% PPO 70% Reasonable/Customary
Out of Pocket Maximum: $1,200 / $2,400 $3,500/$10,500 -Excludes Deductible
Office Visit Copay: $10.00 70% Reasonable/Customary -after Deductible
Hospital Copay: None $250 Copay per Admission - (In Addition to Deductible and Coinsurance)
Out-Patient Surgery Copay: None None
All Other Services*: 100% 70% Reasonable/Customary -after Deductible
*Birthing Centers, Skilled Nursing, Extraction of Wisdom Teeth, Hospice Care, Home Health Care, Emergency Room, Pre-Admission Testing, and Rehab Facility
Physical, Speech, & Occupational Therapy $10.00 Copay 70% Reasonable/Customary -after Deductible
Weekly Payroll Deductions for High Option Plan
Single: $16.77 Family: $57.88
Low Option:
In-Network Out-of Network
Deductible: $500 / $1,000 $1,000 / $3000
Coinsurance: 80% PPO 60% Reasonable/Customary
Out of Pocket Maximum: $2,400 / $4,800 $5,000/$15,000
Office Visit Copay: $20.00 60% Reasonable/Customary -after Deductible
Hospital Copay: $500 per Admission $500 per Admission
Out-Patient Surgery Copay: None None
(Copay would apply, then Deductible, then Coinsurance Limit)
Out-Patient Surgery Copay: $250 per Surgery $250 per Surgery
(Copay would apply, then Deductible, then Coinsurance Limit)
All Other Services*: 100% 70% Reasonable/Customary -after Deductible
*Birthing
Centers, Skilled Nursing, Extraction of Wisdom Teeth, Hospice Care,
Home Health Care, Emergency Room, Pre-Admission Testing, and Rehab
Facility
Physical, Speech, & Occupational Therapy $10.00 Copay 70% Reasonable/Customary -after Deductible
Weekly Payroll Deductions for Low Option Plan
Single: $4.77 Family: $45.88
Prescription Drug Coverage:
Co-Payment per Prescription:
$10.00 Generic
$25.00 Preferred Brand Name
$35.00 Non-Preferred Brand Name
2. Life Insurance:
- a. The Life Insurance Benefit is $15,000.00
- b. The Life Insurance Benefit is effective on the first day of the month following 90 days of continuous employment.
- c. There is NO COST to employees.
3. Dental Insurance:
- a. Dental Insurance includes Preventive and Basic Procedures as explained in the Plan Document and Summary Plan Description Booklet.
- b. The Dental Insurance is effective on the first day of the month following 1 year of continuous employment.
- c. The premium for the employee is paid for by the company (Venezia). There is a weekly charge of $4.30 for dependant coverage.
4. Paid Holidays:
- a. New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day….Escalating Pay Scale for Longevity, ranging from $125 to $175.
5. Vacation:
- Must take first 2 weeks – option to cash in the 3rd, 4th, & 5th weeks. It is a “use or lose” it program, based on each driver’s anniversary date.
- i. 1 week paid vacation after 1 year of continuous employment.
- ii. 2 weeks paid vacation after 2 years of continuous employment.
- iii. 3 weeks paid vacation after 7 years of continuous employment.
- iv. 4 weeks paid vacation after 15 years of continuous employment.
- v. 5 weeks paid vacation after 20 years of continuous employment.
6. Personal Time Off:
- Personal days can be earned on a yearly basis upon achieving Emerald Club Status – Must take these days – Paid at $150.00 per day, and cannot be cashed in.
- a. Gold Status: 5 personal days
- b. Silver Status: 3 personal days
- c. Bronze Status: 1 personal day
Voluntary Benefits
The following Voluntary Beneftis are available to Full-Time employees:
1. Rider Program: $15.00 / month
- a. No Pets
- b. Rider must be 12 years of Age or Older
2. 401(K) Savings Plan:
- a. All employees with 6 months of continuous employment and are 21 years of age or older are eligible to join the plan.
- b. You may contribute up to 15% of your pay on a pre-tax basis.
- c. Venezia will match $.50 for every dollar saved up to 3% of your pay.
3. Short Term / Long Term Disability Insurance:
- a. Non-work related accident / illness insurance.
- b. Short Term pays a monthly disability benefit for up to 26 weeks.
- c. Long Term pays a monthly disability benefit for up to 2 years.
4. Supplemental Life Insurance
5. Credit Union – Application / Brochure available upon request.