Employee Benefits
Health, Dental and Vision Insurance: We offer insurance coverage to full and part-time employees. The Hospital pays a portion of the insurance, with the amount depending on the employee's full or part-time status. The employee has the option of paying premiums pre-tax through Loring Hospital's Cafeteria Plan.
Supplemental Insurance: Employees may purchase additional policies on a voluntary basis. Policies available include short term disability, cancer, accident, specified event, hospital indemnity, long term care and intensive care.
Life Insurance: Eligible employees working 20 hours per week may elect $10,000 Life Insurance and $10,000 Accidental Death and Dismemberment coverage. The cost to the employee is seventy cents per month. Employees may purchase additional Life & AD&D coverage on a voluntary basis for themselves, spouse and dependents.
Cafeteria Plan: Pre-tax elections of dependent care expense up to $5,000 per year. Medical spending account (non-reimbursed medical, dental and vision expenses) up to $2,000 per year. Loring Hospital group health, dental and vision premiums.
401(k) Plan: Employees may contribute a percentage of their pay to the plan. The employee structures his/her own portfolio by choosing how their monies are invested. Taxes are deferred until such time as the employee receives that money.
Personal Leave: We offer a generous personal leave package that includes a combination of vacation days and holidays for full and part-time employees. It is accrued according to hours worked.
Sick Leave: We offer sick leave to full and part-time employees. It is accrued according to hours worked.
Bereavement Leave: We offer from one to three days paid bereavement leave to full and part-time employees who experience the loss of an immediate family member.
Other Recognized Leave: Military Leave, Jury Duty, Family and Medical Leave, Non-Family Medical Leave.
Additional Benefits: Wellness Programs, Educational Development, Meal Discounts, Employee Pharmacy Package, Length of Service Awards.
