Employee Benefits Overview
Beaver Toyota offers a flexible and comprehensive package of benefits, along with valuable work and family programs. We are committed to making Beaver Toyota a great place to work and encourage our employees to closely review the benefits being offered. These programs can help employees attain financial security as well as help to meet the everyday health needs. Our programs are designed to allow you to tailor a benefits package that best meets the unique needs of you and your family. Our current benefits plan year runs from January 1, 2020 through December 31, 2020. This year we have transitioned our medical coverage from UnitedHealthCare to Kaiser effective January 1, 2020. You can select from the three plans that are being offered. We are continuing to include a family Teladoc subscription with the medical plan. Our Dental and Vision coverage will continue to be administered by UnitedHealthCare.
Our Health coverage plans are ACA compliant and meets or exceeds all of the ACA standards for essential benefits and affordability. If you don’t have ACA compliant health coverage, you may have to pay a federal tax penalty when your file your personal income taxes. We have provided the penalty estimator for your reference.
COBRA: COBRA provides you with the option to continue your health care coverage (Medical, Dental and/or Vision) in the Beaver Toyota employee plans after termination of your employment. Other health coverage options that may be available to you, including coverage through the Health Insurance Marketplace at www.HealthCare.gov CLICK HERE FOR MORE COBRA INFORMATION
Eligible Employees: All full-time (working a minimum of 30 hours per week) are eligible for benefits on the first of the month following the 60-day waiting period. It is imperative that eligible employees enroll prior to their effective date; otherwise, they may not be eligible to enroll until the next annual Benefits Enrollment Period.