Venezia Transport Service, Inc. Employee (Drivers) Benefit Summary

Company Benefits Full-time employees are eligible for:


Health Insurance

• The health plan includes major medical, hospitalization, prescription and other benefits as explained in the Plan Document and Summary Plan Description booklet.

• Health insurance benefits are effective following the completion of 90 days of fulltime continuous employment.

• Weekly cost for the HIGH OPTION plan:  Family - $66.40: Single - $19.24

• Weekly costs for the LOW OPTION plan: Family - $52.62: Single - $5.46

High Option:

In-Network / Out-of Network
Deductible: $350 / $750, $1,000 / $3,000
Coinsurance: 90% PPO / 70% Reasonable/Customary
Office Visit Copay: $15/20 (Primary/Specialist) (Per Person) / 70% Reasonable/Customary -after Deductible
Hospital Copay: $200 Per Day, Max $1,000 then 90% after deductible / $200 per day, Max $1,000 then 70% after deductible
Out-Patient Surgery Copay: $100 Copay then 90% after deductible / $100 Copay then 70% after deductible MRI/CT/PET Scans: $100 Copay then 90% after deductible / $100 Copay then 70% after deductible

Low Option:

In-Network / Out-of Network
Deductible: $750 / $1,500, $3,000 / $6,000
Coinsurance: 80% PPO / 60% Reasonable/Customary
Office Visit Copay: $25/40 (Primary/Specialist) 60% Reasonable/Customary -after Deductible
Hospital Copay: $400 Per Day, Max $2,000 then 80% after deductible / $400 per day, Max $2,000 then 60% after deductible
Out-Patient Surgery Copay: $250 Copay then 80% after deductible / $250 per surgery then 60% after deductible
MRI/CT/PET Scans: $100 Copay then 80% after deductible / $100 Copay then 60% after deductible


Life Insurance

Venezia provides $15000 of life insurance/accidental dealth and dismemberment at no cost to you. This free benefit is through UNUM
Conversion/portability: Should your employment terminate with Venezia, you have the option to continue this coverage through conversion or portability. This feature is time sensitive so you must submit paperwork with UNUM within 30 days of your termination date.
Reduction - for ages 65-69 your benefit will be 65% of the amount of life insurance or $9750. For age 70+, your benefit will be 50% for the amount of life insurance or $7500.

Holidays

Holidays are paid immediately.  Escalating pay Scale for Longevity, ranging from $130 to $180.  The holidays observed by the company are:

New Year’s Day                           Labor Day
Memorial Day                              Thanksgiving Day
Independence Day                      Christmas Day

Vacation Day

Full time employees will receive paid vacation per the following schedule after meeting service requirements:

• After one (1) year                        1 week
• After two (2) years                      2 weeks
• After seven (7) years                  3 weeks
• After fifteen (15) years               4 weeks
• After twenty (20) years              5 weeks

• Must take first 2 weeks – option to cash in the 3rd, 4th & 5th weeks.   It is a “use or lose” program, based on each driver’s anniversary date.

Personal Time Off

• Personal days can be earned on a yearly basis upon achieving Emerald Club Status – Must take these days – Paid at $150 per day and con not be cashed in.

• Gold Status – 5 personal days
• Silver Status – 3 personal days
• Bronze Status – 1 personal day

401k Employee Savings Plan

• All employees, at least 21 years of age, with 90 days of service are eligible to join the plan.  Enrollment dates are the first of each month.

• You may ‘set aside” up to 15% of your weekly pay on a pre tax basis.

• The company will match $.50 for every dollar of your contribution up to 3% of your pay.

Voluntary Benefits

The following voluntary benefits (coverage is 100% employee paid) are available to full time employees following the completion of 90 days of continuous employment.  If you elect coverage, your premium is paid through payroll deduction.

Dental Insurance

Dental insurance (through Metlife) is available

Base / Buy-up
Employee Only: $1.29/$3.67 per week
EE and Child: $7.50/$11.82 per week
EE and Spouse: $4.80/$9.98 per week
Family: $12.14/$19.65 per week

Calendar year deductible individual/family: $50/$150 / $50/$150
Calendar year maximum per member: $750 / $1750
Class I - Preventive Exams and cleanings, fluoride, bitewings: $100% / 100%
Class II - Basic Services - simple extractions, denture repairs, fillings (amalgams and resin), sealants (under age 16): 80% / 80%
Class III - Major Services - Crown, space maintainer, periodontics, root canals: 50% / 50%
Orthodontics (children to age 19) lifetime benefit maximum: Not covered / 50%/$1000

Vision Insurance

Single: $0.80/week
EE and Children: $2.55/week
EE and Spouse: $1.59/week
Family: $2.95/week

Benefits: In network / Non network reimbursement
Eye Exam (every 12 months): 100% after $20 copay / up to $52
Frames (every 24 months): up to $120 / up to $66
Lenses (every 12 months) - single vision, bifocal, trifocal: 100% after $20 copay / up to $55/75/95
Contact lenses (every 12 months) - in lieu of glasses/frames, medically necessary: 100%, up to $210
Contact lenses (every 12 months) - in lieu of glasses/frames, elective: up to $120 / up to $120
In network discounts available for additional pairs of glasses, additional eye exams, and LASIK & PRK

Disability Insurance

• Insurance only covers non work related accidents/illnesses

• The short term benefit pays a weekly disability benefit up to 90 days

• The long term benefit pays a monthly disability benefit from 91st day to SSR