Financial and Life Insurance Benefits

Financial and Life Insurance Benefits

Employee Financial Benefits

Flexible Spending Account

Regular full-time or part-time employees budgeted a minimum of 40 hours per pay period may enroll in the flexible spending account with UMR, effective each January. A flexible spending account is available to fund for any unreimbursed medical or dental expenses, as well as dependent care expenses you may incur. Your specified amount would be deducted from each paycheck on a pre-tax basis, giving you a tax-effective way to pay for these expenses.

 

Life/Accidental Death & Dismemberment Coverage

If you are a full-time or part-time employee budgeted to work a minimum of 40 hours per pay period, you will be eligible for life insurance the first of the month following 90 days of employment. This coverage is administered by Reliance Life Insurance, Customer Service 1-800-644-1103.

 

Basic Term Life/AD&D

The hospital provides basic term life and AD&D insurance in the amount of one times your annual salary.  Little Company pays the entire cost for this coverage. 

 

Supplemental Term Life Insurance

You may elect to purchase additional supplemental term life insurance on yourself in the amount of one, two or three times your annual salary. Premiums are based on your age and coverage amount and are provided at discounted group rates.

 

Retirement Program -- Little Company of Mary 401(k)Plan

The Hospital provides automatic enrollment into the Little Company of Mary 401(k) Plan. This contributory plan provides for growth on pretax monies being invested for retirement purposes. Please see the packet of information for more detail or visit the investment company's website at www.divinvest.com.

 

Tuition Reimbursement

Once you have worked at Little Company as a regular status employee for six months, you are eligible to receive reimbursement for college tuition expenses. Full-time employees meeting the requirements may be eligible for reimbursement of up to $4000 per fiscal year. Part-time employees meeting the requirements may be eligible for reimbursement of up to $2000 per fiscal year.



OCT

27

Support Groups

Emotions Anonymous

6:00PM - 7:30 PM


OCT

27

Support Groups

Alcoholics Anomymous

8:30PM - 10:00 PM


OCT

27

Adult Wellness

Tai Chi

8:30AM - 9:30 AM

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Little Company of Mary Hospital United In Prayer While Mourning the Loss of Two Beloved LCM Sisters

Oct 1, 2014

Proceeds from the Beverly Breast Cancer Walk Fund Two New Specialized Nursing Positions at LCMH

Sep 17, 2014

Little Company of Mary Hospital Completes Its Seven-Year Campus Transformation Project

 
 

I consider my giving an investment in the future because I love the hospital. My doctors are here, my mother&...

 
 
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