Benefits

Dental

We want to ensure that our stakeholders and their dependents receive the dental care they need for healthy teeth and gums. The dental plan covers twice yearly preventive care including examinations, basic X-rays, and cleanings at 100% with no deductible. Stakeholders who receive twice yearly checkups and cleanings can qualify to carry forward up to $250 of their unused $2,000 maximum into the next year (up to $750 over three years). The plan also covers basic, major, and orthodontic services at varying levels of coverage.

Vision

To maintain eye health, we offer a vision plan that is administered by VSP and helps cover the cost of annual vision exams as well as eyeglasses or contact lenses.

Flexible Spending Accounts

The flexible spending accounts offer stakeholders a way to pay for eligible healthcare and dependent care expenses with pre-tax contributions.

• Healthcare account: Stakeholders are eligible to contribute up to $7,600 per year to the healthcare account, which can be used to reimburse qualifying out-of-pocket medical, dental, vision, prescription drug, and certain over-the counter medication expenses.
• Dependent care account: The maximum contribution to the dependent care account is prescribed by law, and is currently $5,000 per year (or $2,500 if married and filing separate tax returns), which can be used to cover eligible day care expenses.

Life and AD&D Insurance

Our life, accidental death and dismemberment (AD&D) insurance provides a source of income for those who depend on our stakeholders the most.

• Basic life and AD&D: CTCA provides basic life and AD&D insurance coverage of $50,000 each at no cost to stakeholders. We also provide $5,000 in coverage for each eligible dependent.
• Supplemental life: Stakeholders may purchase additional supplemental life insurance coverage of up to five times annual salary at group rates. Stakeholders can also purchase spouse coverage equal to 50% of the stakeholder’s supplemental coverage and child(ren) coverage equal to 25% of the stakeholder’s supplemental coverage.

401(k) Savings and Retirement Plan

The 401(k) Savings and Retirement Plan can help stakeholders save and invest for the future. Stakeholders can defer up to 60% of pay each year on a tax-deferred basis, up to IRS limits. CTCA matches $1 for $1 on the first 3% of pay, and 50 cents per $1 on the next 2% contributions. Stakeholders are immediately vested in all 401(k) contributions, including matching contributions.

Contributions can be invested in any combination of over 25 different funds offered through the plan administrator including stocks, bonds, and stable value funds.

Disability

The company-paid disability program offers financial protection for Stakeholders who are in an accident or become ill and are unable to work.

• Short-term disability (STD): Provides 60% of covered earnings for up to 11 weeks, to a maximum benefit of $2,000 per week.
• Long-term disability (LTD): Provides 50% of covered earnings for disabilities, to a maximum benefit of $5,000 per month. Stakeholders can elect to have the company-paid group LTD benefit premium included in their taxable wages, and any resulting LTD benefits are then paid out tax free.
• Supplemental LTD: Stakeholders are eligible to purchase additional LTD coverage equal to 60% of covered earnings, to a maximum benefit of $7,000 per month.

Long-Term Care Insurance

Long-term care (LTC) insurance helps cover the cost of care for individuals who need assistance in a variety of settings, such as a nursing home, hospice, adult day care, or in their homes.

Stakeholders may purchase LTC coverage at group rates for themselves, their spouses, or their parents – and they can keep the coverage at their fixed rate even after their employment ends, as long as they continue to pay to required premium.

Time Off

Everyone needs time away from work, whether it’s a holiday, personal day, taking vacation, reporting to jury duty, mourning a loss, or due to an illness. To help stakeholders manage their work and personal lives, we offer the following time-off benefits for full-time stakeholders (ask your recruitment specialist if you need information on time off benefits for part-time stakeholders).

• Paid holidays
• Sick time
• Vacation
• Bereavement
• Jury duty

Employee Assistance Program

The Employee Assistance Program (EAP) provides stakeholders and their families with information and resources to help achieve a work-life balance. The EAP offers referrals and literature on everything from marriage and parenting to financial planning and career development. This 100% confidential service is available 24 hours a day and is available at no cost to stakeholders.

Travel Assistance

Whether traveling for business or leisure, our travel assistance services can provide help in the event of a medical emergency. Benefits include guaranteed hospital admission, emergency evacuation to a medical facility, return travel home, prescription replacements, and more.

Nutritional Supplement Benefit

In our ongoing commitment to keeping our stakeholders healthy, CTCA offers a unique nutritional supplement benefit. Stakeholders can receive up to $600 worth of CNCA or other vitamins, minerals, and/or herbal supplements sold at CTCA pharmacies.

Supplemental Voluntary Benefits

To help protect stakeholders and their families in the event of a critical illness or death, CTCA offers three supplemental voluntary insurance coverages:

• Universal life insurance: Stakeholders are eligible to purchase permanent (whole) life insurance coverage at group rates. The policy develops a cash value that will grow on a tax-deferred basis.
• Critical illness insurance: This plan pays a lump sum to enrolled participants who are diagnosed with or suffer from a major illness such as heart attack, stroke, organ transplant, multiple sclerosis, or Alzheimer’s disease. It includes an annual wellness screening.
• Cancer insurance: The cancer insurance plan is designed to fill the gap between actual expenses and what medical insurance will pay for all forms of cancer and 20 other diseases, including muscular dystrophy and sickle cell anemia. It includes an annual wellness screening.

Adoption Assistance

CTCA provides financial assistance to full-time and part-time stakeholders who legally adopt minor children. Stakeholders are eligible for adoption assistance after one year of continuous employment.

Education Benefits

We encourage stakeholders to pursue education opportunities and to learn new skills. CTCA offers these education benefits:

• Tuition reimbursements: We offer reimbursement of tuition for pre-approved courses. Stakeholders are eligible for this benefit after six months of employment.
• Scholarships: Scholarships are awarded to stakeholders and their dependent children who exhibit a pattern of success academically and professionally and who also have a financial need.
• Continuing incentive program: We provide outside training, educational seminars, and informational meetings to enhance our stakeholders’ professional skills and development.

Stakeholder Incentive Program

All stakeholders are eligible to participate in the CTCA monetary Stakeholder Incentive Program, which is based upon the achievement of Key Performance Indicators. Stakeholders are also eligible to participate in the Stakeholder 2 Stakeholder Recognition Program, in which additional monetary rewards can be earned for extraordinary efforts.

Additional Benefits

We offer several additional benefits, including:

• Wellness Programs
• Naturopathic nutrition consultations
• Tobacco cessation assistance
• Company sponsored events