Summary of Benefits. VidantHealth.com

Transcription

1 Summary of Benefits VidantHealth.com

2 For additional information, please contact: Human Resources Department Vidant Roanoke-Chowan Hospital fax Or visit our website at VidantHealth.com 2

3 Summary of Benefits This brochure is a brief summary of current benefits. It contains information about who is eligible, when benefits are effective and the amount of the organization s contribution. These benefits represent a significant portion of the overall compensation plan extended to employees. Exempt Non-Exempt Salaried employees who are not covered by the overtime provisions. s who are covered by the overtime provisions set forth in the Personnel Policy. Non-exempt employees are paid on an hourly basis. s scheduled to work a minimum of 32 hours per week. s scheduled to work a minimum of 20 hours per week. Content Leave Accruals 4 Flexible Benefits 4-5 Insurance 5-6 Retirement 6 Other Benefits 6-7 3

4 Leave Accruals Paid Days Off (PDO)* 0-2 years (6.46 hrs/pay period), regular full-time 3-10 years (8.00 hrs/pay period), regular full-time Over 10 years (9.53 hrs/pay period), regular full-time Part-time working at least 40 hrs/pay period Funeral Days 21 days Accrue PDO on date of hire. May be taken after 90 days of employment 26 days Accrue PDO on date of hire. May be taken after 90 days of employment. 31 days Accrue PDO on date of hire. May be taken after 90 days of employment. Accrue one half of full-time, based on length of service Accrue PDO on date of hire. May be taken after 90 days of employment. Up to three work days (24 hrs.) per circumstance for designated family members. Personal Leave of Absence Voluntary Shared PDO Program Leave without pay. Maximum of 30 calendar days unless approved by the vice president of the area. Leave without pay. Maximum of 30 calendar days unless approved by the vice president of the area. Allows an employee to donate a maximum of 40 hours of PDO per calendar year to other employees who may have exhausted all of the accrued leave due to a serious personal or family situation. Allows an employee to donate a maximum of 40 hours of PDO per calendar year to other employees who may have exhausted all of the accrued leave due to a serious personal or family situation. Illness or Disability Leave After 6 months of employment, having used accrued PDO., upon approval of department manager. After 6 months of employment, having used accrued PDO., upon approval of department manager. After 6 months of employment After 6 months of employment Family Medical Leave Flexible Benefits Duration depends on medical necessity (including pregnancy).. Normally not to exceed 6 months (FMLA time included) with proper approval. Duration depends on medical necessity (including pregnancy).. Normally not to exceed 6 months (FMLA time included) with proper approval. (FMLA) Up to 12 weeks for pregnancy, childbirth, adoption or foster care, or a serious illness of employee, spouse, child or parent (FMLA) Up to 12 weeks for pregnancy, childbirth, adoption or foster care, or a serious illness of employee, spouse, child or parent Generally after 6 months of employment. If less than 6 months of service, leave will be evaluated and granted if appropriate. Generally after 6 months of employment. If less than 6 months of service, leave will be evaluated and granted if appropriate. After 12 months of employment, having worked at least 1250 hours After 12 months of employment, having worked at least 1250 hours Medical Plan Options Options include medical plan coverage or no coverage. Possible medical premium credits include wellness, non-tobacco use and working spouse. and employee Options include medical plan coverage or no coverage. Possible medical premium credits include wellness, non-tobacco use and working spouse. 4

5 Flexible Benefits continued Dental Plan Options Voluntary Vision Plan Options include a $50 individual or $100 family annual deductible or no coverage. Deductibles waived for preventive and diagnostic services. Options include a $50 individual or $100 family annual deductible or no coverage. Deductibles waived for preventive and diagnostic services. Options include vision plan coverage or no coverage. Options include vision plan coverage or no coverage. Flexible Spending Accounts (FSA) Dependent care helps employees budget and pay for work-related dependent care expenses. Health care helps employees budget and pay for out of pocket medical, dental and vision expenses. You will receive a health payment debit card to pay for eligible health care expenses directly from your flexible spending account. Dependent care helps employees budget and pay for work-related dependent care expenses. Health care helps employees budget and pay for out of pocket medical, dental and vision expenses. You will receive a health payment debit card to pay for eligible health care expenses directly from your flexible spending account. Insurance Long-Term Disability Insurance Benefits will equal 50% of employee s monthly salary, should employee become disabled for more than six months. Short Term Disability Pays 50% of base salary up to $1,000 per week in the event of a disability Life Insurance Life insurance and accidental death and dismemberment coverage, equal to the employee s annual salary up to a maximum of $150,000. Life insurance, $4,000, includes accidental death dismemberment coverage Dependent Life Insurance Option to purchase term life insurance for spouse and dependents Additional Life Insurance Option to purchase up to two times annual salary in additional life insurance. Up to a maximum of $500,000. Critical Illness Pays a tax-free lump sum benefit directly to the employee. Guaranteed issue benefits amounts of $15,000 and $30,000 for employee. Spouse and/or child(ren) are covered at 50% of the employee»s benefit amount.. (Must enroll by calling enrollment center within 30 days of hire for guaranteed issue.) Pays a tax-free lump sum benefit directly to the employee. Guaranteed issue benefits amounts of $15,000 and $30,000 for employee. Spouse and/or child(ren) are covered at 50% of the employee»s benefit amount.. (Must enroll by calling enrollment center within 30 days of hire for guaranteed issue.) 5

6 Insurance continued Whole Life (with Long-Term Care Rider) Retirement Provides a death benefit to your beneficiaries if you pass away, but can also build a cash value that you can use while you are still alive. A long term care rider is included which provides benefits for home care, home health care, or adult day care. Provides a death benefit to your beneficiaries if you pass away, but can also build a cash value that you can use while you are still alive. A long term care rider is included which provides benefits for home care, home health care, or adult day care.. (Must enroll by calling enrollment center within 30 days of hire for guaranteed issue.). (Must enroll by calling enrollment center within 30 days of hire for guaranteed issue.) 403 (B) Tax-Sheltered Mutual Fund An investment plan that helps build retirement income to supplement social security and personal savings. s are automatically enrolled at a 5% contribution rate after 30 days of employment with choice to opt-out. will match contributions as follows: 1 but less than 5 years of employment matches 50% of what you contribute up to 5%; 5 but less than 10 years of employment matches 75% of what you contribute up to 5%; 10 years or more of employment matches 100% of what you contribute up to 5%. contributions can begin on date of hire. match will begin after 1 year of employment., with match from An investment plan that helps build retirement income to supplement social security and personal savings. s are automatically enrolled at a 5% contribution rate after 6 months with choice to opt-out. will match contributions as follows: 1 but less than 5 years of employment matches 50% of what you contribute up to 5%; 5 but less than 10 years of employment matches 75% of what you contribute up to 5%; 10 years or more of employment matches 100% of what you contribute up to 5%. contributions can begin on date of hire. match will begin after 1 year of employment., with match from Other Benefits Vidant Assistance Program All Credit Union Professional counseling, referral and follow-up services are provided to assist employees and their family members. Short-term crisis intervention is also available. for first six sessions All May participate in NC Local Government Credit Union Tuition Reimbursement s working at least 40 hrs./pay period 529 College Plan Financial assistance for educational expenses After 6 months of continuous employment s may participate in the North Carolina National College Savings Program (a 529 Plan) and make contributions through convenient payroll deduction. s may participate in the North Carolina National College Savings Program (a 529 Plan) and make contributions through convenient payroll deduction. 6

7 Other Benefits continued Birthday Meal All Coupon for meal in hospital cafeteria Workers Compensation All Insures employees against accidents on the job under the provisions of the Workers Compensation Act. Military Leave All Permits employees to take military leave for active duty in the Armed Forces of the United States. Military leave is granted without loss of continuous service and provides the difference between regular pay and military pay up to one year. Sick-Child Care All provides sick-child care for employees while they work (based on availability). Hospital Bill Discount All employees, their spouses and dependents under the Vidant Health Medical Plan or other comparable medical plan May be eligible for a discount of up to 50% toward the deductible or coinsurance. You must request the discount from the business office within 60 days of insurance payment. This benefit covers inpatient, outpatient and diagnostic services. discounts up to 50% of the deductible and/ or coinsurance after insurance has paid. 7

8 For additional information, please contact: Human Resources Department Vidant Roanoke-Chowan Hospital fax Or visit our website at VidantHealth.com 12-VRO-001 2/12