Bayou Bend Health System Benefits Preview

Bayou Bend Health System offers a wide variety of employee benefits to regular full time and part time employees. Employees can choose the benefits that meet their needs at reasonable cost. Each benefit program has its own eligibility requirements, terms, and conditions. Most benefit programs have a waiting period of the “1^st of the month following 30 days of continuous employment”, some may have different enrollment periods.

Bayou Bend Health System participates in an IRS Section 125 Cafeteria Plan. This IRS approved plan allows qualified benefit premiums to be paid with pre-taxed dollars; employees do not pay taxes on premiums for eligible benefits.

Medical – is currently provided by Blue Cross Blue Shield. The plan has 4 tiers: Employee Only, Employee and Spouse; Employee and Child(ren), or Employee and Family. The annual premium is shared by the employee and Bayou Bend Health System on a per-pay-period basis. To be eligible, the employee must be a regular Full-Time employee and have had a waiting period of the “1^st of the month following 30 days of continuous employment”.

Dental – is currently provided by MetLife, whose premiums are paid by the employee. The plan has 2 tiers: Employee Only or Family.

Vision – is currently provided by MetLife, whose premiums are paid by the employee. The plan has 4 tiers: Employee Only; Employee and Spouse; Employee and Child(ren), or Employee and Family. 

Group Life Insurance – is purchased by the hospital for eligible employees. Those eligible employees are covered at 1 ½ times their base rate of pay, with a maximum dollar limit.

Retirement Plans – employees may contribute to the 457(b)-retirement plan beginning on the 1^st of the month following 30 days of continuous employment. Employee contributions are allowed from 0% to 100% of salary or wages with only the restrictions placed by IRS regulations. Employee contributions are pre-taxed; taxes are paid only when the employee takes distribution. 

An additional plan, 401(a), is accessible by the employee only after becoming eligible. The eligibility period on the 1^st of a Quarter after the employee has worked 90 continuous days. In addition, the employee must work a minimum of 1,000 hours within the calendar year and be actively employed as of 12/31 of each year. Bayou Bend Health System contributes 2% of the employee’s gross income to be distributed within 45 days after the end of the Calendar Year. Contributions are made by the Board of Commissioners based on the financial reports of the Fiscal Year before the contribution. By IRS regulations limits are set both to contributions and distributions.

Long Term Disability – is a voluntary benefit provided by MetLife, whose premiums are paid by the employee.

Short Term Disability – is a voluntary benefit provided by MetLife, whose premiums are paid by the employee.

Voluntary Life Insurance – is a voluntary benefit provided by United HealthCare, whose premiums are paid by the employee. Employee can purchase additional Life Insurance for themselves up to 100,000; on spouse up to 20,000 and on child(ren) up to 10,000.