Salaried Benefits Overview
(Hourly benefits may vary by location)
| Benefit | Key Elements | Focus on |
|---|---|---|
| Medical | GP offers two plans – a co-pay based PPO plan and an Account-Based Health (ABH) plan. The GPABH Plan is federally qualified so that a Health Savings Account (HSA) can be offered in conjunction with it. | Choice of doctors from a wide network sponsored by UnitedHealthcare (UHC). No referrals needed. Excellent on-line tools to manage your health care benefits.The HSA allows you to save tax-free for qualified medical expenses. The HSA earns interest tax-free and savings can be invested. The account balance rolls over every year unlike a Flexible Spending Account (FSA), which must be used by the end of the year or monies are lost. |
| Both plans offer excellent preventive coverage | Most preventive procedures and tests are covered either by small co-pays or at 100%, depending on the plan selected. Covered preventive services include immunizations, well baby care, PAP and mammographies, PSAs and colonoscopies. | |
| Both plans include prescription drug coverage | Convenience of mail-order is available for both plans. A CareCenter Pharmacy is located on-site at the Atlanta campus. Mail-order prescriptions can also be obtained f rom the on-site pharmacy. The plans encourage the use of generic drugs through reduce co-pays and discounts. | |
| Both medical plans have unlimited lifetime maximums. | Many competitors' plans limit the lifetime maximums to $1MM, GP's plan does not. | |
| Participants in both medical plans have access to GPcares, a health care advocacy program to help employees and families navigate the health care system, help manage chronic conditions and generally keep them healthy. | Available GPcares services include: 24/7 Nurse-line Health Risk Appraisal Health coaches Disease Management Weight management |
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| Medical & Dental | Both plans cover same-sex domestic partners | GP's commitment to diversity. |
| Both benefits are pre-tax | Employee pay for their share of medical and dental premiums prior to income taxes being withheld which lowers their taxable income. | |
| Dental | Two plan options are offered with one of the options including orthodontia | 100% coverage for preventative care services. Orthodontia provided for children up to 19 years of age (if orthodontia option is elected). |
| Life Insurance | Multiple options - Plan maximum is $2 million Rates are based on age and a group premium which is usually less expensive than buying an individual policy. | New hires may elect up to 3x annual salary without evidence of insurability requirement.
Competitive rates. Insured by MetLife.
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| Dependent Life insurance | Spouse/Domestic Partner and Dependent Child(ren) Life Insurance plans are offered. | Both same-and opposite-sex domestic partners are eligible for coverage. Employees can elect up to $25,000 in coverage without evidence of insurability requirement. |
| Disability | Short term illness - a salary continuation program | No cost to the employee Eligible after first month of hire. If less than one year of service, benefit is 50% of salary. After one year, plans pay 100% of salary for first 8 weeks of illness, 80% for next 5 weeks and 60% for next 13 weeks. LTD begins after 180 days of continued disability assuming LTD coverage is elected. |
| Long-term disability -- Three coverage options (50%, 60%, 70% of income replacement) | GP provides a subsidy to cover the cost of the 50% option. | |
| Flexible Spending Account | The Health Care FSA is available to employees that enroll in the GP PPO Plan or waive medical coverage.
A Dependent Day Care FSA is also offered. |
GP allows up to $3,600 in annual Health Care FSA contributions on a pre-tax basis. Benny™ card (debit card) is provided to Health Care FSA participants as a convenience.Dependent FSA is an excellent pre-tax tool to help pay for day care for children. |
| Retirement Plan | Company contributes dollars to your 401(k) plan. Company also matches your contributions up to a defined limit. | To encourage savings for retirement, Company contributes dollars to a 401(k) savings plan. Contributions are based on age and increase with age. GP also matches participant's contributions $1 for $1 for the first 3% of pay contributed and $.50 for the next 5% of pay contributed. IRS limits total annual contributions made on a pre-tax basis. Variety of funds available in which to invest. GP provides access to a managed accounts program whereby investment advisors will manage participant's accounts. Roth 401(k) also provided for post-tax contributions. |
| Time off | Company provides holidays and vacation time | 10 holidays and one personal day Vacation is based on years of service 2 weeks 1-4 years of service 3 weeks 5-11 years of service 4 weeks 12-17 years of service 5 weeks 18-29 years of service 6 weeks 30+ |
| Other benefits | On-site child care Lactation center |
Atlanta campus only |
| Referral and resource center for child and elder care | ||
| Educational Assistance | ||
| Discount purchasing program | Cell phones, electronics, automobiles, travel services and entertainment tickets |
Disclaimer: This document contains only a brief highlight of some of the employee benefits offered by GP. Employees should refer to the applicable plan documents for more detail regarding these benefits. The plan documents shall govern in the even of any conflict herein.
