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Employee Benefits Overview
As a health care organization we are committed to the health and wellbeing of not only our patients but our employees and their families. Beth Israel Deaconess Hospital-Plymouth (BID-Plymouth) offers many benefits that help our employees protect themselves and their families, save for retirement, find resources, and much more. Here are some of our plan highlights:
Eligibility Most benefits are offered to full and part-time employees based on scheduled hours. An employee’s spouse, domestic partner and/or dependent(s) over age 26 are eligible to participate in most plans.
BID-Plymouth offers HMO coverage through Harvard Pilgrim Health Care (HPHC), a leading health care insurance provider in the area. In-network coverage is broad and, combined with a comprehensive plan, covers a full spectrum of healthcare. Prescription drug coverage is included based on a four tier co-pay program. Retail (31 day supply) and mail order (91 day supply) are available. Premium payments are made by BID-Plymouth with the employee contributing a portion on a pre-tax basis.
Good dental health is an important part of good overall health. Dental coverage is available through Delta Dental of Massachusetts. Coverage includes preventative and diagnostic, basic restorative, major restorative and orthodontia. Premium payments are made by BID-Plymouth with the employee contributing a portion on a pre-tax basis.
The medical plan, HPHC, provides a basic vision benefit for participants. For those who want more comprehensive coverage, vision insurance is available through EyeMed. Coverage includes eye exam, allowances and discounts. Premiums are employee paid on a pre-tax basis.
BID-Plymouth provides a hospital paid life insurance and Accidental Death & Dismemberment benefit. Additional life insurance may be purchased covering the employee, spouse and children.
If you become disabled and are unable to work, BID-Plymouth offers and provides income protection.
Short-term disability: Provides a benefit of up to 60% of weekly covered earnings.
Long-term disability: Designed to pick up where short-term disability ends, long-term disability provides a benefit up to 60% of monthly earnings
Work-related injury or illness is covered by workers compensation and is not covered by either disability benefit.
Flexible Spending Accounts (FSA)
This benefit provides the opportunity to save money on a pre-tax basis to pay for health care costs and/or dependent care costs not covered by insurance.
Health Care FSA – can save pre-tax up to $2,550 annually for health care related expenses
Dependent Care FSA – can save pre-tax up to $5,000 annually for dependent care expenses (qualified child and elder care)
403(b) Retirement Plan
Employees can save for retirement on a pre-tax basis up to the IRS annual maximum. After completing one year of service and a minimum of 1,000 hours, eligible employees receive a hospital paid match of 50 cents for each dollar up to the first 4% of pay. A core contribution is made by BIP-Plymouth of 2% of the employee’s base compensation, with completion of 250 or more hours during the quarter. Match and core contributions are 100% vested when made (after one year of service and a minimum of 1,000 hours). The plan is managed by Fidelity Investments.
Employee Assistance Program (EAP)
Demands on personal and professional life can be extensive. AllOne, the hospital’s EAP, is designed to help employees meet the challenges of these demands by offering the employee, dependents and household members confidential counseling and referral services at no cost.
Other Benefits Include:
Accident and Critical Illness Insurance
Auto Insurance discounts
Identity Theft Recovery Service
Benefit plans are administered according to legal plan documents and insurance contracts. For your convenience, we have summarized the provisions of these legal documents. If any information presented here have conflicts with the legal documents, the legal documents will govern.