Benefit Plan for Office/Supervisory Staff

Life Insurance
For Employees 1, 2, or 3 times the annual earnings, as elected by the employer, to an overall maximum of $300,000. For more details regarding additional optional coverage, please contact the nearest Merit office.
 
Accidental Death & Dismemberment Insurance
Employee - As above 

Dependent Life Insurance

  • Spouse - $10,000
  • Child - $5,000 

Extended Health Care for Employees & Dependents

  • Prescription drugs - 80% - no annual maximum
  • Emergency out-of-country - 100%
  • Other health expenses (specified limits) - 100%
  • Overall Maximum - Unlimited

 
Vision Care for Employees & Dependents

  • All covered expenses - 100%
  • Maximum - $300 every 2 calendar years
  • Maximum for Children under 19 - $300 per calendar year
  • Eye Exams - $75 every 2 calendar years

Dental Care Benefits for Employees & Dependents

  • Basic services - 80% of GP Fee Guide
  • Major restorative services - 50% of GP Fee Guide
  • Specialist fee guide used when applicable
  • Maximum for basic & major services combined - $2,500 per calendar year
  • Orthodontic services for children under 19 - 50%

Maximum for orthodontic services - $2,500 lifetime


Merit Contractors Association, Construction, benefits, office staff, supervisory staff 

Long Term Disability Insurance for Employees

  • Monthly benefit - 75% of monthly earnings if the employer paid (67% of the first $4,000 of monthly income plus 50% to balance), to a maximum benefit of $6,000 per month.
  • Benefits start after 120 days (17 weeks) of total continuous disability
  • Eligibility based on employee being in benefit and working 25 hours per week for a Merit member firm in the LTD program.

Employee and Family Assistance Program (EFAP) for employee & dependents
Confidential counseling and information service for employees and their families; self referral

  • Cost(*) - Effective Nov 1, 2011 to Oct 31, 2012
  • Life Insurance - $0.159 per $1,000 coverage
  • Dependent Life Insurance - $2.09 (only employees with eligible family)
  • Accidental Death & Dismemberment - $0.032 per $1,000 coverage
  • Long Term Disability - $0.76 per $100 of coverage
  • Extended Health Care and Vision Coverage - $54.55 single coverage, $149.99 family coverage
  • Dental Care $35.81 single coverage, $98.46 family coverage
  • EFAP - $1.69 + GST single/family coverage

* Please note there is an Administration Fee of $9.70 per employee on the Office/Supervisory Plan.