HCA Healthcare known as Health Corporation of America is a pan-health care company that comprises more than two thousand health care centers and one hundred and eighty-six hospitals. Here, let’s know What are HCA Benefits?
HCA Healthcare is an American profit-making organization. The organization provides a lot of benefits for its employees. The benefits comprise insurance, financial, parenting, loans, retirement, scholarships, health, vacation, paid time off, and wellness benefits.
HCA Healthcare offers a competitive benefits package that supports employees’ life, career, retirement, and health. Besides the employees’ pay and medical benefits, other benefits are components of the employees’ package.
Benefits And Components Of Employees’ Package
Medical Benefits
HCA offers a range of medical plan options. Employees can select the one that best fits their needs or work for their budgets. The medical plan options are as follows:
- Essential Medical Plan
- Well Care Level 1(A) Plan
- Well Care Level 2(B) Plan
- Well Care Level 3(C) Plan (available only in some locations)
- Local HMO (POS) Plan (available only in some locations)
The medical level plan A, B, and C, of Well Care plans, cover the following:
- Free health care.
- Free generic (Common) drugs
- In-network care.
- Wellness check-ups in the office
- Generic (Common) drugs prescription.
Employees or their dependents are entitled to AirMed Medical Transportation to an HCA Healthcare facility if they are hospitalized more than 150 miles away from their home.
Low Copays For Common Services
Copay is a low, fixed price that employees have access to when they use these services:
- HCA Healthcare facilities
- In-network providers
- Telemedicine via Doctor on-demand
- Office visit by Primary health care physician.
- Outpatient and Inpatient hospital services (Facilities charge only)
- Emergency Services (Facilities charge only)
- Walk-in clinic (Urgent Care)
Employees have to pay the full, acceptable amount for other healthcare services until they reach their deductible. After the deductible has been reached, a percentage of the acceptable amount (coinsurance) will be paid, and the rest of the payment will be paid by the medical plan.
Each plan varies in the amount that the employee pays for coverage, the cost of care that the employee receives, and either the care is in-network or out-of-network.
Employees that are certified nicotine-free during the yearly benefits enrollment process receive a discount of up to $650 on the medical plan coverage.
Employees that have completed the HCA Healthcare Quiz for Life Tobacco Cessation Program also receive a discount of up to $650 on the medical plan coverage.
HCA Healthcare Retirement Benefits
The HCA Healthcare 401(k) Plan
The HCA Healthcare 401(k) Plan works by combining employees’ facility contributions with their 401(k) contributions. This enables the employees to save for the future.
The employees’ facility contributes a 100% annual match on employees’ 401(k) contributions, up to 9% of pay, depending on the years of service.
For instance, if the employee contributes $1, their facility will also contribute $1 up to the employee matching level.
HCA Healthcare Retirement Clearinghouse
The HCA Healthcare Retirement Clearing House program offers educational and savings tools for HCA Healthcare employees.
The HCA Healthcare employees have the option to contribute from 1% to 50% of their payments before-tax to IRS via salary deductions.
If employees are qualified for distribution from their previous employer’s retirement plan or a qualified IRA, they may roll over their assets into the tdistrict401(k) Plan.
Merging retirement holdings into one account has many benefits. These benefits include a decrease in time and costs needed to manage multiple accounts with different organizations.
Dental Benefits
Other benefits enjoyed by all colleagues at HCA Healthcare facilities are dental benefits. All employees are qualified to enroll in the MetLife Dental PPO Plan. Some facilities offer the option of Dental HMO.
Under the PPO plans, employees may choose any dentist they like. However, there is a discount for employees that make use of MetLife PDP, together with the network dentist.
Vision Benefits
HCA Healthcare offers an EyeMed Vision plan. The EyeMed Vision plan covers regular eye examinations, lenses, frames, and contacts expenses.
Employees using an EyeMed provider pay a Copay, or they receive an allowance for the services and materials covered by the plan. Employees may also use a non-EyeMed provider, which comes with reduced benefits.
The EyeMed Vision plan covers the following:
- Regular plastic lenses, contact lenses, and examinations
- Contact lenses are given to the employee once every twelve months, while the frames are given once every twenty-four months.
- HCA Healthcare employees under the plan save up to 40% on their eyewear needs.
- Depending on location, HCA Healthcare offers discounts on laser correction to employees under the plan.
Healthy Living Benefits
Beacon Wellbeing Program
Beacon Wellbeing Program is designed to assist employees by providing confidential counseling on a variety of topics that address employees’ financial, legal and personal issues.
The service is accessible by HCA Healthcare employees and their families. And it helps to address varieties of life’s challenges that can affect employees’ effectiveness of work, health, and relationships.
Employee Assistance Program is opened to render assistance to employees 24-hour a day and 365-day a year.
Nurse Care
Nurse Care helps nurses in the hospital to deal with life’s challenges. The program gives the nurses free and confidential access to licensed psychologists, drug and alcohol counselors, social workers, experienced marriage and family therapists.
Nurse Care helps nurses in hospitals with the following issues:
- Life and work balance
- High stress
- Anxiety at work
- Loss of a patient
- Feeling overworked
- Depression
- Feeling rundown
Employee Life Insurance Benefits
Basic Term Life
The service is provided by the employee’s facility at no cost to the employee. It covers 1x of the employee’s basic pay.
Supplemental Term Life
The payment for this plan depends on the employee’s age and salary. The plan allows the employee to select added coverage, up to the amount equal to 8x of his/her basic salary.
Dependent Life Insurance Benefits
An employee who enrolls in the Employment Life Insurance has an option to choose the Dependent Life Insurance for his/her spouse and children.
Evidence of Insurability (EOI) is required if the employee decides to have additional coverage to his/her plan at a later date. The EOI is not required during the employee’s initial enrollment.
Short-Term Disability Benefits
A percentage of the employee’s basic payment is replaced when the employee is absent from work for more than a week due to personal injury or illness that is not related to work. The coverage of the plan depends on employee location.
Long-Term Disability (LTD) Benefits
The LTD benefits apply in a situation where the employee sustains total disability and is, therefore, unable to work for a prolonged period of time. The LTD coverage provides payment protection for the employee.
LTD pays the monthly employee benefits at 50% or 60% of basic pay, depending on the employee selection.
Time Away From Work Program (TAFW)
HCA Healthcare offers its employee paid time off, paid family leave, leaves of absence, and disability coverage to refresh and recoup themselves.
The TAFW Service Center ensures that employees have access to all the benefits available to them. The Center also helps to manage the employee’s absence from work.
The Center also ensures that all Family Medical Leave Act (FMLA) guidelines and State laws apply moderately and consistently to all HCA Healthcare employees.
Paid Family Leave
HCA Healthcare offers Paid family leave program as part of its TAFW program. Eligible employees receive up to fourteen days of paid family leave.
The paid leave enables the employee to connect with their newborn baby or to care for a qualifying family member. It can be extended to maternity leave.
CorePlus Voluntary Benefits
CorePlus voluntary benefits are designed as a supplement to other benefits offered by HCA Healthcare facilities.
The CorePlus cost of coverage when the employees enroll in the program is deducted from their salary.
As part of the CorePlus Voluntary benefits, there are:
- Pet insurance – This coverage plan covers most types of pets. Employees can receive veterinary service from any licensed veterinary doctor.
- Auto and home insurance – This coverage plan helps employees to save up to 15% on auto and home insurance
- Legal benefits – This coverage plan allows employees to have access to professional legal consultation and legal representation.
- Voluntary life insurance – This coverage plan gives employees access to up to $100,000 in long-term life insurance.
- Identity Theft Protection – This coverage plan has two plans: Benefit Elite plan and Benefit Ultimate Plan. It helps to safeguard employees’ credit and finance by using monitoring tools and alert tools.
Tuition Reimbursement
Each year, the employees receive up to $5,250 tax-free repayment for qualified higher education expenditures.
Certification Assistance
HCA Healthcare offers a Certification Support Program to employees. The program pays for testing fees and online preparation assistance. The program only works for selected advanced clinical certifications.
Scholarships for Dependents
Scholarship awards of up to $5,000 are given annually to qualified dependent children by the Patricia Frist Memorial. The scholarship is meant for higher education expenditures.
Western Governors University
HCA Healthcare, in partnership with Western Governors University, offers affiliated employees educational and scholarship opportunities. HCA employees are qualified for a 10% tuition discount.
Student Loan Assistance
The HCA Healthcare Student Loan Assistance Program gives a $100 monthly benefit to qualified full-time employees and $50 for qualified part-time employees.
HCA Healthcare Hope Fund
The HCA Healthcare Hope Fund was originally established to provide support for employees affected by illnesses, domestic violence, injury, natural disasters, or the death of a loved one.
Employee Stock Purchase Program
HCA Healthcare employees are privileged to buy HCA Healthcare stock at a discount with the Employee Stock Purchase Program.
Disaster Relief Support
HCA Healthcare employees come together as a family to help each other in times of disaster. They make provisions for water, food, and shelter for their colleagues.
About HCA Healthcare
HCA Healthcare is an American profit-making organization, based in Nashville, Tennessee. It was founded in 1968.
The HCA Healthcare system has more than 270,000 employees across about 2,000 health care facilities and 168 hospitals.
These facilities comprise surgery centers, physician clinics, urgent care centers, and freestanding emergency rooms in the United Kingdom and 21 States in the United States.
HCA Healthcare is a healthcare network of hospitals, health care centers, and facilities. The goal of the network is to advocate the practice of medicine to give people a healthier lifestyle.
HCA Healthcare Frequently Asked Questions
How are the HCA medical benefits?
The medical benefits are great. HCA Healthcare offers a span of plans to choose from. There are discounts and affordable rates. You can choose plans that best fit your needs.
When are employees eligible for health benefits?
Employees are eligible for health benefits, after the first 30 days of work.
Does HCA Healthcare offer employees a 401k plan?
Yes, HCA Healthcare offers employees a 401k plan. The employees’ facility contributes a 100% annual match on their 401(k) contributions, up to 9% of pay depending on the years of service.
HCA Healthcare Benefits Conclusion
HCA Healthcare cares for its employees like a family. The employees enjoy several benefits, and most life challenges that might affect their work are taken care of via the avalanche of benefit plans.
HCA Healthcare has resources to enable employees to stay up to date with rewards and benefits information.
