Employee Benefit Summary – 2009
Medical Insurance (pre-tax)
Principal Financial Group – PPO
Tier I - BMC
$10.00 Office co-pay
No deductible
$1000/2000 Out of Pocket
Tier II – In Network
$15.00 Office co-pay
$400/$800 Deductible
$1500/$3000 Out of Pocket
20% Eligible expenses
Tier III – Out of network
30% Eligible expenses
$500/$1000 Deductible
$2000/4000Out of Pocket
Deductible and Out of Pocket per calendar
Deductible and Out of Pocket amounts are not combined
Rates Full time BMC Contribution Part time BMC Contribution
Employee only: $101.86 $517.74 $162.76 $456.84
Family: $203.10 $1091.40 $331.52 $962.98
Dental Insurance – (pre-tax)
Delta Dental
Preventive – 100%
Restorative – 20%
$25/$75 Deductible per calendar year
$1200 Maximum per person
Rates Full time BMC Contribution Part time BMC Contribution
Employee only: $9.37 $21.86 $12.49 $18.74
Family: $24.96 $58.14 $33.23 $49.84
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
60% Monthly income
Maximum $7,500/12,500 - Employer Paid
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 $1.40 per month Dependent $2,500
Plan B Spouse $10,000 $2.80 per month Dependent $ 5,000
Short Term Disability Insurance
60% Weekly income
Maximum 13 weeks
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 3.90% of gross earnings
Employer contributes 6.05% of employees gross earnings
Employee Assistance Program (EAP)
Provided to eligible employees
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