Field employees must be enrolled in the Hourbank plan for office staff to be eligible for this plan
Employees must work a minimum of 25 hours per week to participate
Employees must spend 40% or more of their work time in the office rather than in the field
Options
May choose 80% or 100% coverage for dental and prescriptions
May choose level of life insurance coverage from 1X, 2X or 3x annual income
Premiums are variable depending on single vs family coverage
Coverage for Office Employees
Life Insurance – 1X, 2X, or 3X annual earnings as selected by the employer to a maximum of $300,000, $10,000 for spouse and $5,000 for dependents
Accidental Death Insurance – same as life insurance coverage, payable on accidental death
Long Term Disability – 75%of monthly earnings if employer paid, 67% of the first $4000 of monthly income plus 50% of the balance up to a maximum benefit of $6000 per month if employee paid
Short Term Disability (OPTIONAL) – 75% of weekly income to $1100 if employer pays premiums, 67% if employee paid to a maximum of $1100
Prescription Drug Coverage – 80% or 100% coverage (employer elected) for most prescription drugs, no yearly limit. For those that choose the 80% option, this coverage increases to 90% once an individual has incurred prescription drug claims of $5,000 or more in a calendar year
Dental Care – 80% or 100% coverage (employer elected) of basic services, 50% coverage of major services, 50% coverage on orthodontics. Yearly limit of $2500 per person
Paramedical Practitioners – $500 maximum per year, per person, per practitioner such as naturopaths, chiropractors, physio therapists, massage therapists, speech therapists, etc.
Vision Care – $350 every 24 months for glasses or contact lens, $75 every 24 months for eye exams
Out-of-Country Travel – up to $2 million coverage for medical emergencies outside of Canada, limited to 60 days of travel per trip
Employee and Family Assistance Plan – toll free 24/7 access to counselling services
Best Doctors Coverage – access to world-renowned specialists’ second opinion for serious illness or injury diagnosis
