Ochsner offers a comprehensive benefits package designed to accommodate the diverse needs of its employees. Ochsner provides many benefits at no cost to the employee and pays a portion toward other benefits. Regular full-time and regular part-time employees are eligible to participate in Ochsner benefit plans. Employees are eligible for benefits on the first of the month following their hire date, provided the employee is in an active payroll status.

Health and Wellness

Medical Coverage

Ochsner offers three medical plan options that are administered by BlueCross BlueShield, all of which include prescription drug coverage. Each option offers employees and dependants comprehensive, quality health care benefits at a reasonable cost.

• OchPlus 1 is a no deductible, co-pay plan
• OchPlus 2 is a low deductible, co-pay plan
• OchPlus 3 is a high deductible, co-pay plan with a Health Savings Account

Dental Coverage

Ochsner provides employees the choice of the two dental coverage options listed below:

• Preventive Plus Dental PPO Plan - covers Preventive, Diagnostic and Basic services
• Comprehensive Dental PPO Plan - covers Preventive, Basic, Major and Orthodontic services

Vision Coverage

When employees visit a doctor in the VCP network and pay our co-pay, this supplemental vision plan provides :

• Annual eye examination
• Eyeglass lenses every 12 months (contact lenses may be substituted for glasses)
• Frames every 24 months

Pre-Tax Savings

Flexible Spending Accounts

Ochsner offers Flexible Spending Accounts (FSA) administered by Bank of America that allows employees to set aside money before taxes to reimburse themselves for eligible health care and dependent care expenses. The Health Care Spending Account minimum contribution is $120, and the maximum is $2,650 per year. The Dependent Care Spending Account minimum contribution is $240, and the maximum contribution is $5,000 per year, per household.

Health Savings Account

Employees that elect the OchPlus 3 option can participate in this benefit. This HSA is administered by Bank of America and allows employees to set aside money before taxes for reimbursement of eligible health care expenses. The HSA maximum contribution is $3,500 for an individual and $7,000 for a family. This account also has a $1,000 catch-up contribution for those 55 and older. Pathway to Wellness

Other Benefits

Employee Assistance Plan (EAP) / Work-life Program

All Ochsner Health System employees and dependents are eligible for the EAP/Work-Life program. This program provides immediate, professional assistance with personal, work-related, or emotional concerns 24 hours a day, 7 days a week. Employees and dependents are eligible for five free counseling sessions each (telephonic or face to face). Work-Life services include, but are not limited to Childcare resources, Estate Planning, Adoption, Legal Forms, and College Planning, etc.

Pathway to Wellness

This innovative program is designed to enhance the health of Ochsner employees as they enjoy the benefits of working toward their health and wellness goals. Employees are automatically enrolled in the program when electing Employee Health Plan. Eligible employees not participating in the plan can choose to pay a modest fee through after-tax payroll deductions to participate in this program. Employees who register and participate in the program will be eligible for cash rewards based on the number of "points" earned.

Business Travel Account

Travel Accident coverage provides extra protection if an employee is fatally injured or sustains certain types of injuries in an accident while traveling on Ochsner business. The amount of coverage is $500,000. Ochsner provides this benefit coverage at no cost to employees.

Employer Paid Term Life Insurance & Accidental Death and Dismemberment (AD&D)

Regular full-time and regular part-time Ochsner employees working at least 40 hours per pay period automatically receive Employer Paid Term Life Insurance in addition to Basic AD&D coverage equal to ½ times the employee’s annual salary or $10,000 (whichever is greater). Ochsner provides these two benefit coverages at no cost to employees.

Supplement Life & Accidental Death and Dismemberment (AD&D)

Employees may elect to purchase supplemental coverage up to 4-1/2 times their base pay. In addition, dependent coverage is also available. Spouse coverage range from $5,000 to $100,000. Child life options range from $2,500 to $10,000.

Tuition Assistance

Ochsner provides tuition assistance up to $1,500 per calendar year for full-time employees and $1,000 per calendar year for regular part-time employees. Employees must receive an “A” or “B” final grade per course to be reimbursed.

Personal Services & Conveniences

Shared Employee Program, Employee Referral Program, Free Parking/Shuttle, Credit Union Membership.

Time Off and Work Life Balance

General Purpose Time (GPT)

Because things happen, Ochsner provides time away for illness, funerals, or to take care of other personal business. Full-time and regular part-time employees begin earning GPT on the first day of work and may begin using it after three months of employment. GPT is earned based on an employee’s length of service.

0 – 4 years 18 days | 5 - 9 years 23 days | 10 - 14 years 26 days | 15 or more years 28 days

Paid Holidays

We understand that it is important to spend holidays with your family and loved ones so in addition to the GPT days available, Ochsner provides eight paid holidays each year to regular full-time employees.

•New Year’s Day • Labor Day • Christmas Day •Mardi Gras Day • Independence Day • Good Friday •Thanksgiving Day • One personal holiday of your choice*

*Regular full-time employees may take a personal holiday after completing three months of employment.

Short-term and Long-term Disability

If an eligible employee is unable to work due to an illness or injury that is not work-related, the short-term disability (STD) plan provides benefits after 14 calendar days. This benefit is payable for up to 26 weeks. Ochsner provides STD benefits to full-time employees who have completed twelve months of employment at no cost. Eligible employees who continue to be disabled after six months may be eligible to receive long-term disability (LTD) benefits.

Financial Wellbeing

401(k) and 403(b)

All Ochsner employees are eligible upon hire to join these plans. The 401(k) Plan offers employees a wide array of pre-tax and post-tax (Roth) investment options. Employees may contribute as much as 75% of each paycheck on a before-tax basis. For eligible employees, Ochsner will make a Retirement Contribution, which is equal to 2% of the eligible compensation (no participation required) and make a Matching Contribution equal to 2% of eligible compensation if the employee chooses to contribute at least 4% of the eligible compensation into the plan. The retirement and matching contribution are subject to annual review. The Ochsner contributions become 100% vested after six years of credited service with Ochsner. Partial vesting occurs between years two through six at a rate of 20% per year. Employees are always fully vested in their contributions. For certain employees who are compensated above a certain threshold, the 403(b) allows them to maximize their IRS allowable pre-tax deferrals by using this plan in conjunction with the 401(k) Plan. As with the 401(k), the 403(b) offers employees a wide array of investment fund options. However, Ochsner provides no contribution to this plan.

Credit Works

To get back on track and establish good credit, employees have access to lower cost emergency and installment loans through payroll deductions.

SoFi

This personal finance company provides employees with student loans the ability to consolidate and refinance them at a .125% rate discount.

Perkspot

Employees have access to this discount vendor which provides a website that offers exclusive discounts to hundreds of merchants nationwide.

*Benefits are subject to change at any time

For more info regarding Leadership Benefits, click here.

Additional Documents: Employee Rights Under the Family and Medical Leave Act