AFMC 2010 PAID BENEFITS
HEALTH INSURANCE
AFMC pays 85 percent of health insurance premiums for our employees, their spouses and their eligible dependents, including full-time college students to age 25. Employees are insured through UHC. The plan features a $20 PCP and specialty copay, $500 individual and $1,000 family deductible, prescription drug benefits, $2,500 out-of-pocket maximum, and 100 percent payment for childhood immunizations. Coverage is effective the first of the month following the date of hire.
DENTAL INSURANCE
AFMC pays 85 percent of dental insurance premiums for our employees, their spouses and their eligible dependents. Employees are insured through Delta Dental. The plan features a $50 deductible per family member, 100 percent of diagnostic and preventive services, 80 percent basic restorative, 50 percent per schedule for major restorative, and a $1,500 annual maximum. Orthodontic coverage is limited to 50 percent payment of eligible charges with a $1,000 lifetime maximum. Coverage is effective the first of the month following the date of hire.
PENSION PLAN
All employees receive a safe-harbor contribution of 3 percent of earnings to the company 401K pension plan, beginning at date of employment. Full-time employees who are at least 21 years of age become eligible for an additional 2 percent contribution on the first of the month following their one-year anniversary. The safe-harbor contribution is immediately 100 percent vested (owned by the employee) and the additional 2 percent contribution vests on a five-year schedule. In addition, employees are eligible to make tax-deferred contributions to the plan beginning at their date of employment.
LIFE INSURANCE
AFMC pays for a life insurance policy equal to 1.5 times an employee's basic annual earnings. Spouse coverage is $5,000. Child coverage for dependents 14 days to 6 months old, is $1,000; coverage for dependents 6 months to 19 years old (25 if full-time student) is $5,000. Coverage is effective the first of the month following date of hire.
SHORT-TERM DISABILITY
This benefit covers only AFMC employees and is subject to a 14-day elimination period. Payment is limited to 60 percent of weekly basic earnings up to a $1,500 weekly maximum for up to 24 weeks. Coverage is effective the first of the next month after the first day of employment.
LONG-TERM DISABILITY
This benefit covers only AFMC employees and is subject to a 90-day elimination period. Benefits are payable at 60 percent of semi-monthly basic earnings reduced by other income subject to benefit maximums. Coverage is effective the first of the month following the first day of employment.
PTO (PAID TIME OFF)
Full-time employees receive 16 days of vacation after completion of the introductory period. (This increases after five years of service.) Part-time employees receive eight days of vacation after completion of an introductory period.
EIB (EXTENDED ILLNESS BANK)
Full-time employees receive eight days of extended illness leave after completion of the introductory period. Part-time employees receive pro rate of extended illness leave based on their FTE after completion of the introductory period.
TUITION REIMBURSEMENT
AFMC recognizes the importance of education and promotes the professional growth of employees by providing financial assistance to employees who elect to further their education. Full-time employees are eligible to apply for tuition reimbursement after completion of one year of employment with the company. A maximum of $2,500 will be reimbursed per employee per calendar year.
2010 HOLIDAYS
January 1— New Year's Day
February 15 — Presidents Day
May 31 — Memorial Day
July 5 — Independence Day
September 6 — Labor Day
November 11 — Veterans Day
November 25-26 — Thanksgiving
December 23-24 — Christmas Eve/Christmas
One floating holiday (available to new employees Jan. 1)
VOLUNTARY BENEFITS
VISION INSURANCE
ADDITIONAL LIFE TERM INSURANCE
ACCIDENT GUARD INSURANCE
FLEXIBLE SPENDING ACCOUNT
CANCER INSURANCE
CREDIT UNION MEMBERSHIP
ACCIDENTAL DEATH AND DISMEMBERMENT
UNIVERSAL LIFE INSURANCE
CRITICAL ILLNESS INSURANCE
Mindy Dunn
Human Resource Associate
Arkansas Foundation for Medical Care
401 W Capitol, Suite 400
Little Rock, AR 72201
Tel. 501-212-8796
Fax 501-212-8797
mdunn@afmc.org
EOE/M/F/V/D
Arkansas Foundation for Medical Care is an equal opportunity/affirmative action employer. It is the policy of AFMC to provide equal opportunity for all qualified persons and to not discriminate against any person/applicant for employment because of race, color, religion, national origin, sex, age, disability, veteran status and/or any other status protected by federal, state and/or local law.
***Special Accommodations: If you have a disability and require a reasonable accommodation in the application and/or testing process, you must notify the AFMC Human Resources Department. Requests may be made in person or by telephone (501) 212-8796, by fax (501) 212-8797, by e-mail mdunn@afmc.org or by U.S. mail Attn: Mindy Dunn, 401 West Capitol, Suite 400, Little Rock, AR 72201.