*Employees whose employment is subject to a collective bargaining agreement may have difference premium rates and should consult their agreement for current employee contribution rates.
Basic Life and Accidental Death & Dismemberment Insurance (Term Life) – Employer Paid
BMC provides 1X annual salary
Spouse term life $2,000
Dependents term life $2,000.
Long Term Disability – Employer Paid
Maximum $7,500/12,500 - Employer Paid
60% Monthly income
BMC provides all full time employees with coverage after 1 year of employment
Department Directors, Senior/Associate Director and Physicians receive coverage the first of the month following date of employment (must work 20 hours per week to be eligible.)
Supplemental Term Life Insurance
Supplemental term life insurance is available up to an additional 3X annual salary
.26/$1000
Maximum term life cannot exceed $400,000 total
Available for dependents
Plan A and B combine with basic dependent insurance provided by Broadlawns Medical Center.
Plan A Spouse
$5,000
$1.38 per month
Dependent $2,500
Plan B Spouse
$10,000
$2.76 per month
Dependent $ 5,000
Short Term Disability Insurance
Maximum 13 weeks
60% Weekly income
Full-time employees may elect coverage upon completion of 6 months of employment
IPERS (Iowa Public Employees" Retirement System) (pre tax)
Participation is mandated by the State of Iowa for all State and Public Employers/employees
Employee contributes 4.50% of gross earnings
Employer contributes 6.95% of employees gross earnings
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