The ADA cares about the health and well-being of our employees. Our benefits plans reflect this and offer our employees competitive options. This summary is intended to provide a general overview of many of our plans. A complete summary of applicable specific benefit plans will be provided during the employment process.
Protecting Your Health
The ADA provides quality healthcare benefits that are affordable for employees and the company. Medical coverage options may include a Preferred Provider Organization (PPO), a Health Maintenance Organizations (HMO) and a Consumer Driven Health Plan with a Health Savings Account (HSA). We offer a direct reimbursement dental plan.
Insuring Your Life and Income
The ADA provides:
- Basic life insurance at no cost to the employee. Employees may also select and pay for additional life coverage options.
- Travel accident insurance that provides accidental death and dismemberment insurance at no cost to employees. This insurance provides coverage for employees while traveling on ADA business.
- Time off for illness or disability. Eligible employees whose illness or disability extends beyond five consecutive business days are provided short-term income replacement. Coverage is for up to 90 days with a percentage benefit paid based on length of service. Should the condition continue, an employee is eligible to receive up to 70 percent of salary to a designated maximum benefit under our long-term income disability plan.
Balancing Your Life and Work
Some of the ADA's benefits for balancing your life and work include:
- Reimbursement Accounts: These accounts allow employees to contribute money on a before-tax basis to cover eligible expenses, per Internal Revenue Service guidelines. There are two accounts: The Health Care Flexible Spending Account for healthcare expenses for employees and dependents, and a Dependent Care Flexible Spending Account for child care or dependents incapable of self-care.
- Transit/Commuter Parking Program: Employees may set aside pre-tax dollars for certain transportation and parking expenses.
- Employee Assistance Program: The ADA provides at no cost to employees, a program to help manage the demands of everyday life. This assistance includes consultations, referrals, financial services and manager consultations all on a confidential basis.
- Vacation and Personal Days: Paid time off includes vacation days as well as personal days. Eligibility depends upon the employee’s position and length of service. In addition, the ADA offers 10 Holidays for eligible employees.
- Sick/Emergency Leave: The ADA provides a maximum of six (6) paid sick or emergency days annually for full-time employees, earned at the rate of one-half day per month of employment.
Saving and Planning for Your Future
The ADA currently offers competitive retirement benefits that include a 401k Plan which allows employees the opportunity to contribute from 2 percent to 50 percent of total pay on a pre-tax and Roth 401(k) basis up to the IRS maximum and the provides an annual contribution at the end of each year in the amount of 4% of salary. The Association also provides a defined benefit pension plan.
In addition, a long-term care plan is available where employees may elect to apply for long-term care insurance coverage at their cost. Benefit examples include activities of daily living, home health care, respite care as well as care in a nursing home and assisted living facility.
Current benefits are subject to change at any time and the ADA does not guarantee the continuation of any current and/or future benefit.