Financial Programs

In addition to our comprehensive health care programs, Beaumont offers an array of benefits designed to protect your financial future.

Accidental Death and Dismemberment

Full-timeemployees will be insured for up to one times your base annual salary with a cap of $100,000 at no cost.

Life Insurance

Full-time employees will be insured for an amount up to one times your base annual salary

Optional Life and Accidental Death and Dismemberment

Additional insurance, for you and your dependents, may be purchased through payroll deduction at a reduced group rate.

Long Term Care

All regular employees are eligible to apply. The employee paid benefit provides assistance needed if you are unable to carry out basic daily activities due to a chronic health condition.

* Must have an FTE status of 20 hours or more to be eligible.

Short Term Disability

Coverage may be provided or purchased, depending on your job classification. STD Insurance benefits replace all or part of your income if you are unable to work because of a medical condition, injury or childbirth.

Long Term Disability

LTD coverage provides you with a source of income if you are still disabled after you have exhausted your Short Term Disability benefits (Full-time employees only). Coverage ranges from 40 - 60 percent of covered earnings. Coverage is purchased by employee.

Personal Cancer Indemnity Plan

All regular employees are eligible to apply. This employee paid benefit will pay the employee or their family members a variety of benefits, if diagnosed with cancer.

Personal Accident Plan

All regular employees are eligible to apply. This employee paid benefit provides cash benefits payable directly to you or family members in the event of death, dismemberment or injury caused by a covered accident that occurs on or off the job.

Personal Sickness Indemnity Plan

All regular employees are eligible to apply. This employee paid benefit provides cash benefits payable directly to you or family members for Physician Visits, Hospital Confinement, Major Diagnostic Exams, Surgical Benefit, Rehabilitation Unit Benefit, and Ambulance transportation.

Lump Sum Critical Illness Plan

This employee paid benefit provides a lump sum payment in the event of certain Critical Illness events such as Heart Attack, Stroke, End-Stage Renal Failure, Coma, Paralysis, or Major Human Organ Transplant.

Beaumont Retirement Program

Beaumont offers a cash balance pension plan that rewards you with an annual contribution to your cash balance account. The contribution is 5 percent of your base pay earned, plus interest credited yearly. The vesting requirement is three years. You must be employed on December 31 to receive a contribution to your account. Your cash balance account is portable upon retirement or termination of employment, and payment may be received in a lump sum.

403(b) Savings Plan

Beaumont offers a 403(b) tax deferred savings plan through Fidelity in which employees are eligible to participate and save for retirement. There is a discretionary employer match for eligible employees. To receive further information about the 403(b) Plan, contact Fidelity representatives at 248-273-6370. Your account will be managed by Financial Engines advisors on your behalf, for a fee, unless you elect otherwise.

Banking Services

All three hospital campuses offer banking services on site. For your convenience, Beaumont will automatically deposit your check into any financial institution in the United States. In addition, we now offer convenient on line access to your paycheck whenever you want it.

Group Legal Plan

This program offers legal services to employees and their families. Employees have access to quality law firms and may enroll on a month-to-month basis.

LifeLock

Beaumont offers a program at discounted rates to protect employees from identity theft.

Legal Holidays

The Hospital recognizes the following six (6) days as legal holidays, constituting a day off with pay: New Year's Day, Memorial Day, Fourth of July, Labor Day, Thanksgiving, and Christmas Day.

Combined Time Off

Regular full-time and part-time employees (working sixteen (16) hours a week or more) who are on the active payroll are eligible to accrue CTO hours, beginning on your date of hire.

Hospital Discounts

If available, a private room is provided for you or your dependents. If a private room is not available, television and telephone are provided at no cost during the hospital stay.

Home and Auto Insurance

This program offers you the opportunity to purchase insurance at group rates. Premiums can be paid through payroll deduction.

Adoption Assistance Program

Employees may take up to six (6) weeks of paid leave upon placement of the child in the home.