LifeNet Health provides a comprehensive benefits program to all benefit eligible full-time and part-time employees. You are eligible for benefits if you
are a regular full-time employee working 36+ hours per week or a part-time employee working 20-35 hours per week. Benefits, unless stated otherwise, will
be available on the first of the month following 30 days of employment. Your eligible dependents include your legally married spouse and children up to age 26.
Company Paid Benefits
The following benefits are provided by LifeNet Health at no cost to you.
Basic Life and AD&D Insurance
- 2x your annual compensation
- 2x annual compensation minimum benefit / $700,000 maximum benefit
Short-Term Disability Insurance
- Covers 66 2/3% of weekly base salary
Benefit begins on the 11th workday of injury or illness and continues until the earlier of recovery or the end of the 90th calendar
day for an approved disability leave
Long-Term Disability Insurance
- Covers 60% of basic monthly earnings up to a $10,000 monthly maximum benefit
- Benefit begins after 90 days of disability and continues to the earlier of recovery or age 65
- Coordinated with income from other sources (e.g., Social Security)
Pension Retirement Plan
Contributions made by LifeNet Health only and you are eligible for this plan if you:
- Attained the age of twenty and one-half
- Completed six consecutive months of service and work 1,000 hours
- Employed by LifeNet Health on the last day of the plan year, December 31st
Employee Assistance Program (EAP)
The EAP can help you find solutions for everyday challenges of work and home, along with more serious issues affecting emotional and physical well-being.
Tuition Reimbursement Program
Provides reimbursement of covered costs for full-time, part-time, and Per Diem employees pursuing higher education in order to improve job skills and performance.
Eight (8) paid company holidays per year.
- New Year's Day
- Memorial Day
- July 4th
- Labor Day
- Thanksgiving Day
- Christmas Day
- Two (2) floating holidays
Paid-Time Off (PTO)
PTO time begins accruing upon date of hire, but may not be used until after completing ninety (90) days of continuous service.
ELT/Directors PTO accruals contact Human Resources
||PTO Earned Per Hours Worked
||Maximum Earned Per Pay / Year
|Up to 5 years
||5.54 hours / 18 days
||6.47 hours / 21 days
||8.00 hours / 26 days
||2.77 hours / 9 days
||4.16 hours / 13.5 days
Sick bank begins accruing upon date of hire, but may not be used until after completing ninety (90) days of continuous service.
||Sick Earned Per Pay
||Maximum Earned Per Pay / Year
||1.85 hours / 6 days
||.93 hours / 3 days
||1.39 hours / 4.5 years
You select from the following benefit options to meet the needs of you and your family. Some benefits you pay for and other benefit costs are
shared between you and LifeNet Health.
Two medical plan options provided through Anthem Blue Cross Blue Shield. Vision coverage through Anthem's Blue View VisionSM program
included in each medical plan option.
- KeyCare 20 Plus PPO Plan
- KeyCare 30 PPO Plan
You are required to have health insurance for employment either through LifeNet Health or another source.
Two dental plan options provided though Delta Dental.
- DeltaCare 201 Plan (in-network coverage only)
- Delta PPO Plus Premier Plan
Voluntary Life Insurance
(Employee Only Coverage)
- 1x, 2x, 3x, 4x, or 5x your annual salary
- Guaranteed Issue: the lesser of 2.5x annual compensation or $300,000
Flexible Spending Accounts
- Healthcare Reimbursement Account — $5,000 annual maximum contribution
- Dependent Care Reimbursement Account — $5,000 annual maximum contribution
You are eligible to participate in the 403(b) Plan the first of the month after 30 days of employment. Through this plan you can
save for your retirement by contributing up to 100% of your eligible income until you reach the annual limit imposed by the Internal
Revenue Service ($17,000 in 2012). The 403(b) Plan is an employee only contribution plan.
LifeNet Health provides a selection of Voluntary Benefits from which to choose. These benefits are 100% employee paid.
LifeNet Health provides a group legal plan through which you, your spouse and eligible children have access to a network of attorneys
for assistance with a variety of legal needs.
Aflac's Personal Disability Income Proctor
The Personal Disability Income Proctor plan allows you to design the level of personal short-term disability coverage you require to
meet your financial needs.
Aflac's Personal Cancer Indemnity Plan
Provides coverage for you or a covered dependent when diagnosed with cancer.
Aflac's Group Critical Illness
Provides coverage for you or a covered dependent when diagnosed with a covered critical illness.
Aflac's Group Accident Insurance
Provides coverage for you or a covered dependent when a covered accident occurs.
All plans are subject to revision at the Company's discretion. The Vice President of Human Resources maintains the plan documents. Any discrepancies
in this summary are superseded by the actual plan document.