Benefits

1
Benefits

• Barbara Egan, Vice President
• Woodward Academy

2
Employee Handbooks

• HR, An Institutional Imperative

3
Laundry List

• Medical
• Dental
• Flex or Sect 125
• Life
• Disability
• Retirement
• Time

4
Medical

• Indemnity
• Health Maintenance Organization (HMO)
• Preferred Provider Organization (PPO
• COBRA
• Section 125 (flexible benefits)

5
Dental

• Indemnity
• DMO
• PPO
• On your health plan

6
Vision

• Check with your agent
• Many new programs starting to emerge

7
Life

• Independent
• Levels of coverage
• Connected with disability
• Connected with health plan

8
Disability

• Short Term
• Plan vs self insurance
• Long Term
• Starts after
• Pays a percentage
• Employee should pay premium

9
Retirement

• Companies Plans
• Old Pension Constructs
• Levels of coverage
• Employer pays
• Employee pays
• Matching structures

10
Time

• Sick
• Personal
• Holidays
• Flexible program times
• Leave policies
• Mandated - fmla

11
Perks

• Lunch
• Liberal facilities use
• Weight room access
• Discounted health club memberships
• Sabbatical
• Professional growth