Bill Gatton offers a comprehensive benefits package to employees. All employees who work 30 or more hours per week are eligible. Below is brief information on benefits that are available to employees. An employee is eligible for benefits on the first day of the month after completing 60 days of continuous employment. After initial eligibility employees are can make changes or sign up for additional benefits during open enrollment period from December 1st through Decmeber 31st for coverage beginning January 1st. For more details, please contact email@example.com . Bill Gatton uses Triten Insurance and Financial Services, Inc. to assist in the administration of our benefit program. For additional information contact Triten Insurance at 423-279-9060.
Bill Gatton is provided by Blue Cross Blue Shield of Tennessee. Three separate plans are available to me the needs of our employees. There are two different rates for each of the plans offered: (1) employee only; or (2) family coverage. A portion of the health insurance is paid by Bill Gatton Auto Group. Employees eligible under Family and Medical Leave Act are eligible to continue paying their portion for their FMLA period. Employees and/or dependents whose health insurance is terminated for other reasons may continue coverage for a limited period under COBRA. The benefits administrator who is located at Bill Gatton Honda office can provide details regarding coverage and premiums. You can also follow this link to answer many of your question about health insurance.
Vision Care insurance is available for all eligible employees. There are two different rates for each of the plans offer: (1) employee only; or (2) family coverage. The vision care insurance is provided by Blue Cross Blue Shield of Tennessee. You can also follow this link to answer many of your question about health insurance.
Health Insurance Gap Options
A gap insurance strategy combines a higher-deductible medical plan with supplemental coverage. The goal is to lower overall premiums—in some cases significantly. There are two different rates for each of the plans offered: (1) employee only; or (2) family coverage. Benefits are provided by Symetra. You can also follow this link to answer many of your question about health insurance.
Employees have the option of participating in a dental insurance plan. Dental insurance is available for eligible employees, their spouses and dependent children. The plan provides benefits for preventive, basic, major and orthodontic procedures. Benefits are provided through Principal for both in-network and out-of-network providers and procedures. There are two different rates: (1) employee only; (2) family. You can also follow this link to answer many of your question about health insurance.
Life insurance is provided free to all active, regular full-time employees. The coverage amount provided by the Bill Gatton is a minimum of $10,000 for all employees. Additional life coverage is available at low cost to employees. Supplemental Group Term Life Supplemental life insurance is available for eligible employees at group rates. Supplemental GTL insurance is offered without health screening when an employee is hired. If it is refused at that time, and the employee later seeks to enroll, proof of insurability may be required. You can also follow this link to answer many of your question about group term life insurance.
Other Benefit Options
Employees can choose to purchase additional benefits to include accident policies, cancer coverage and disability coverage. Enrollment for these plans is held in the December with an effective date of January 1.
All benefits are offered under Section 125 cafeteria plan rules with the exception of disability coverage. Disability coverage is only offered on after tax basis. What is Section 125?
The US Congress created Code section 125 in an effort to make benefit programs more affordable for employees.
Section 125 is part of the IRS Code that allows employees to convert a taxable cash benefit (salary) into non-taxable benefits. Under a Section 125 program you may choose to pay for qualified benefit premiums before any taxes are deducted from employee paychecks.
The Section 125 program is a tremendous opportunity for you to enhance your benefits package.
The Premium Only Plan is the building block of the Section 125 Plan. It allows for certain employee paid group insurance premiums to be paid with pre-tax dollars. The qualified premiums are: