Benefit Plan (BN15.1)

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The types of benefit plans you can define include, but are not limited to, health, dental, and disability. To further define most plan types, you select a category. For example, for spending accounts, you indicate whether it's a medical reimbursement or dependent care. For health plans, you indicate whether it's a medical or vision plan.

Within each plan, you can define unique coverage, contributions, and waiting periods for different groups of employees. For example, you can define a plan with a 60-day waiting period for part-time employees and a 30-day waiting requirement for full-time employees. The plan could offer union employees life coverage as one, two or three times their salary, while non-union employees can choose between one to five times their salary in coverage. Contributions for the plan could be an annual $1,000 for employees in the Mid-west and $2,000 for employees on the west coast.