Employee Benefits Overview
Employee Benefits Overview
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KTP’s benefits package is focused on CHOICE and OPTIONS, and each employee has the ability to personalize your plan to what works best for your family. Review the benefits summary below for current plan costs and deductible amounts.
KTP’s benefits package is focused on CHOICE and OPTIONS, and each employee has the ability to personalize your plan to what works best for your family. Review the benefits summary below for current plan costs and deductible amounts.
KTP offers 4-tiered plan options for all three independent coverage types – Medical, Dental & Vision. You have the option to elect medical without dental, or dental without medical. Voluntary vision remains an independent option.
Employee, Employee + Spouse, Employee + Children, or Family
Optional Flexible Spend Account (FSA) optional with our traditional PPO Medical Plan OR option for High-Deductible Health Plan (HDHP) with optional Health Savings Account (HSA). Learn more about FSA’s, HDHP's and HSA's with the information here.
Eligible new employees are automatically enrolled in our 401(k) plan on the 1st of the month following 60 days of employment. An enrollment packet will arrive to your home address on file prior to your enrollment date. To opt out or make changes to your deferral rate, contact John Hancock directly at 800-294-3575 or online at myplan.johnhancock.com. Active participants on our 401(k) plan will be automatically stepped-up each November by 1% until you reach 10%. To change your deferrals, request a distribution or loan, or to obtain plan statements, contact One America directly.
Beneficiary forms must be turned in for all employees, for your company-provided life insurance coverage.
*Supporting documentation is required to enroll a spouse, child or other dependent on our insurance plans.*
NEW HIRES:
Please read this page for information on our benefits package and programs. Use the buttons below to get more information.
**ACTION IS REQUIRED FOR ALL NEW HIRES WITHIN YOUR FIRST 31 DAYS OF EMPLOYMENT.**
The below benefits summary will give a summary of plan options and costs, applicable surcharges and incentive programs, and details on holiday and vacation accrual schedules. General info on reimbursement programs is also included, and more info on programs will be found throughout this site.
**Click document to open and/or download a copy**
Benefits Summary.pdf
Medical Co-Pay Program for Office Visits
Medical Co-Pay Program for Office Visits
Our PPO plan has a $35 Primary Care office visit copay to make it more affordable to see your physician before your deductible is met. The plan also allows for a $20 copay when you use Anthem’s LiveHealthOnline virtual care plan for minor illnesses.
What is a co-pay? A copay is a flat fee you pay at the time of visit when you see your doctor or fill a prescription. Copays cover your portion of the cost of a doctor's visit or medication. Some services may be covered at no out-of-pocket cost to you, such as certain preventive care services. View this document for more information about Copays.
Why is this a good benefit for me? Copays reduce the financial burden of doctor's visits before your deductible is met for the year. The flat fee increases your ability to plan for up-front costs when scheduling an appointment with your physician.
Does the HDHP plan have a co-pay? No, only our PPO plan has co-pays. On the HDHP, the participant pays all costs until they meet their deductible, with the exception of certain eligible preventive services.
What is a Copay_2023.pdfQUICK LINKS to Other Benefits Information
QUICK LINKS to Other Benefits Information
Still need help?
Still need help?
If you have other questions, click the button below to email HR.
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