Your firm must be a member of the American Council of Engineering Companies of Oregon or Washington for 30 days in order to be eligible to participate in the Trust's benefit plans. Medical and basic life/AD&D are required coverages for each firm. Optional coverages include vision, dental, additional life/AD&D, short-term disability, long-term disability and employee assistance program benefits.
Providence requires that 75% of all eligible employees and 0% of your eligible dependents be covered under your firm's plan(s) unless they have qualified other coverage. You may exclude those waiving coverage due to enrollment under another qualified plan such as another employer sponsored plan or veterans plan.
Firms with 50 and under employees must cover a minimum of 75% of the employee only premium and firms with 51+ employees must cover a minimum of 50% of the employee only premium, applied uniformly to all employees. Dependent contributions may vary by firm. As a firm you can elect to make plan and/or contribution changes during the Trust's annual enrollment period.
Firms with 10 or more enrolled employees may offer two medical/Rx plan options known as dual choice without underwriting approval. Special requirements regarding employer contributions will apply.
Firms with 50 or more enrolled employees may offer three medical/Rx plan options known as triple choice with underwriting approval. Special requirements regarding employer contributions will apply.
The Standard requires 100% of all eligible employees be covered under the basic life/AD&D plan and that employers pay 100% of the cost.
Firms that choose to offer the additional life/AD&D coverage, participation and cost is 100% voluntary by the employee. Guarantee coverage is only available during initial set up and requires that you attain 25% participation. If you do attain 25% participation or you elect to add this coverage during a later PNCE annual enrollment period, all enrollments will be subject to evidence of insurability.
100% employee participation is required for all disability plans. Employers must pay 100% of the cost of these coverages offered and any benefits received by employees are taxable.
Dental - The Standard requires that firms who offer dental pay 100% of the employee only coverage and the plan requires 100% eligible employees participation in the plan. Dependent contributions may vary by firm. As a firm you can elect to add dental during the Trust's annual enrollment period without any penalty.