Beginning 1/1/2023, Class Valuation offers regular, full-time employees working at
least 30 hours per week a comprehensive benefit package for themselves and their
dependents on the first of the month following 30 days of employment. Some
benefits are provided at no cost to you by Class Valuation while others are optional
elections.
MEDICAL & SHORT-TERM DISABILITY LEGAL PLAN & IDENTITY
PRESCRIPTION DRUGS Company paid benefit THEFT PROTECTION
Three medical plans Administered by Unum Personal legal advice
Two PPO and one HDHP Identity monitoring and restoration
Blue Cross Blue Shield of Michigan LONG-TERM DISABILITY Administered by LegalShield
Voluntary employee coverage
DENTAL Rates based on age and amount PET INSURANCE
Administered by Delta Dental of MI Administered by Unum Coverage for vet bills and accidents
Delta PPO and Premier networks Vet helpline
LIFE INSURANCE Administered by Nationwide
VISION Company paid basic benefit
Administered by EyeMed Optional employee, spouse, and 401(K)
Set copays for exams and lenses dependent buy-up coverage Company match up to 4%
Allowance for contacts and frames Administered by Unum Administered by Vanguard
PRE-TAX SAVINGS PLANS SUPPLEMENTAL PTO
Heath Care Spending Account (FSA) BENEFITS 10 days of paid sick and vacation
Dependent Care Spending Account Accident, Critical Illness, and 7 holidays observed
(DCFSA) Hospital Indemnity coverages 2 floating holidays
Health Savings Account (HSA) Administered by Unum
2023 EMPLOYEE
2018 Benefits Annual Enrollment BENEFITS SUMMARY
MEDICAL PLAN OPTIONS
Chart shows In-Network benefits only. Base Plan Buy-Up Plan HSA Plan
Preventive Care 100% 100% 100%
PCP Office Visit $30 copay $30 copay 100%*
Specialist Visit $50 copay $50 copay 100%*
Emergency Room (waived if admitted) $250 copay* $250 copay 100%*
Hospitalization 100%* 100%* 100%*
Prescription Drugs (30 day supply)
$10 copay
Generic $10 copay $10 copay
$40 / $80 copay
Brand $40 / $80 copay $40 / $80 copay
*drug costs after deductible
$2,500 single $1,500 single $3,000 single
Deductible
$5,000 family $3,000 family $6,000 family
Coinsurance 20% None None
$2,500 single
Coinsurance Maximum None None
$5,000 family
$8,150 single $6,350 single $6,900 single
Out-of-Pocket Maximum
$16,300 family $12,700 family $13,800 family
Medical Plan Bi-Weekly Cost
Single $22.62 $46.79 $7.63
Employee + 1 $147.69 $230.77 $111.72
Employee + Family $191.08 $284.31 $146.11
*After deductible is met
DENTAL PLAN VISION PLAN
Coverage Coverage
$50 single Eye Exam—every 12 months $10 copay
Deductible
$150 family
Annual Maximum Benefit $1,000 per person Lenses —every 12 months $25 copay
Diagnostic & Preventive Services 100%
$130 allowance +
Frames —every 24 months
Basic Services 80% 20% off balance
Major Services 50% $40 copay
Contacts —every 12 months
$130 allowance +
Orthodontia-up to age 19 only 50% (in lieu of lenses)
15% off balance
Dental Plan Bi-Weekly Cost Vision Plan Bi-Weekly Cost
Single $14.60 Single $3.21
Employee + 1 $28.57 Employee + 1 $6.11
Employee + Family $54.38 Employee + Family $8.97