BMC HealthNet Plan offers employees a full range of benefits that are highly
competitive by industry standards. Our benefit plans are designed to provide
you with healthy lifestyle choices. We hope the flexibility and
comprehensiveness of our benefits enable you and your family to live a healthy
full life. Listed below is a brief summary of our benefit plans. BMC HealthNet
Plan reserves the right to modify or terminate any of these plans at any time.
Two medical plans are offered through Blue Cross Blue
Shield, and dental coverage is offered through Delta Dental. The Plan and
employees share the cost of this coverage with employees paying a small portion
of the premiums. The employee portion of the premium is paid on a pre-tax
basis, through payroll deductions. Coverage for medical and dental plans takes
effect your first day of work.
Employees are eligible to participate in the 401(k) plan
effective the first day of hire, and may contribute a minimum of 2% of annual
earnings up to the maximum allowed by the IRS. Employees 50 years of age and
older may also contribute an additional “catch-up” amount in accordance with
IRS regulations. After 12 months of service, employees are eligible for the
company match that vests 100% immediately. The employer match is based on
employees’ contributions up to a percentage of annual earnings. The 401(k) plan
is administered through Fidelity Investments.
The Plan provides medical and dental coverage to domestic
partners (whether the same or opposite gender) and to the dependent(s) of the
domestic partner, if applicable, as long as the employee and partner meet the
eligibility criteria.
These plans offer employees the opportunity to pay for out
of pocket health (medical and dental)and dependent care expenses with tax-free
dollars. Reimbursements of expenses are administered through Sentinel Benefits.
Employees are eligible to participate the first day of hire.
This benefit is provided at no cost to the
employee.Coverage is provided at a benefit level of 60% of gross weekly
earnings up to a maximum of $1,500 per week, and may continue for up to 26
weeks. STD is administered through SunLife (Genworth).
LTD coverage is provided at a benefit level of 60% of
gross monthly earnings, up to a maximum of $8,000 per month. This is offered at
no cost to the employee and is administered through SunLife (Genworth).
Eligible employees have the option to purchase additional
long-term disability coverage at a 25% discount. The policy is fully portable
and is offered through Mass Mutual Insurance.
Basic group life and AD&D insurance is offered at no
cost to the employee. Coverage is two times base salary up to a maximum of
$400,000.
In addition, at no cost to the employee, the BMC HealthNet
Plan provides $5,000 in basic dependent life coverage for an employee’s spouse,
and $2,500 for dependent children ages 6 months to 19 years, or through age 25
years for full-time students. Coverage is effective the first day of hire and
is offered through SunLife (Genworth).
Eligible employees have the option to purchase additional
life insurance for themselves and their dependents through SunLife (Genworth).
After six months of continuous employment, regular
full-time employees are eligible for 75% reimbursement up to $5,250 per year
for job related/company related courses taken at an accredited institution,
where program grade requirements are met.
After six months of continuous employment, BMC HealthNet
Plan will reimburse the costs up to a maximum of two professional job-related
certifications or job-related memberships in professional organizations. The
maximum annual reimbursement per certification is $1,000, and a $500
reimbursement per membership.
Under this program, a bonus of up to $1,500 is paid for
positions filled by referred candidates.
The Plan offers subsidized public transportation and
parking through pre-tax payroll deductions.
The Plan provides employees with paid earned time (ET) for
vacation, illness (sick time) and personal matters. Earned Time is accrued on a
weekly basis.
The Plan provides 11 days of holiday pay for full-time
employees. Nine of these are fixed and two are designated as floating holidays.
Part-time employees have holiday pay pro-rated based on their regularly
scheduled work hours.
Through Genworth Financial, Harris, Rothenberg
International offers an Employee Assistance Program (EAP) that provides
confidential and professional counseling, education and referral services,
including childcare referrals, to employees and members of their families.
Free to all employees. These recreational benefits offer a
wealth of discount opportunities. In addition, we offer in-house movie ticket
sales and seasonal tickets such as Six Flags and ski lift tickets.
Liberty Mutual Insurance offers a discount for home and
auto insurance. Payments can be made through payroll deduction.
Employees receive a discount on their annual membership
fee.
Metropolitan Credit Union offers employees membership
privileges and a convenient way to access and use Metro products and services
through your work environment. Deposits are made through payroll deduction.
Employees are eligible for discounts on Dell computers.
Employees may be eligible for cell phone and service plan
discounts.
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