SBL offers a comprehensive health & prescription plan, administered by Consociate Health. Full-time and part-time employees are eligible to enroll in individual, employee & spouse, employee & children or family coverage.
Personal Benefit Account
All employees enrolled in SBL Health Plan are eligible for participation in the Personal Benefit Account. SBL contributes to the employee's account based on participation in the employees wellness screening and completion of a Personal Health Assessment. Funds can be used to pay for plan deductible and other out-of-pocket expenses related to health, dental and vision care.
Maintaining healthy teeth and gums and seeking professional treatment when dental problems arise is important to your overall health. Sarah Bush Lincoln Dental Plan offers coverage to aid in your dental health.
As a participant, you and your dependent may receive the following vision benefits:
Examination - Every 12 months - $40 paid
Glasses or Contact Lenses - every 24 months - $200 paid
Health Care Reimbursement Account:
The flexible benefit plan offers you a choice to participate in comprehensive health, dental and vision plans. However, as with any plan, there are some items that are not covered or are only partially covered. The HCRA is designed to let you take advantage of current tax laws and pay for these out-of-pocket expenses with pre-tax dollars. Any money left in your account, by law, must be forfeited.
Sarah Bush Lincoln will provide full-time employees with basic Long-Term Disability coverage at no cost. If you become totally disabled, the basic LTD Plan will pay 60 percent of your base earnings up to a maximum benefit of $6,000 per month. Payments will begin after you have been disabled for 90 days.
As a full-time employee, you have the opportunity to purchase Short-Term Disability coverage to protect your income from the end of your waiting period to the 90th day when Long-Term Disability payments begin. You can choose from two options:
Coverage beginning after 14 days of disability
Coverage beginning after 30 days of disability
Employee Life Insurance:
Full-time employees are provided life insurance coverage. You will receive a standard life insurance benefit of two times your annual salary. The benefit is provided at no cost to you and will be paid to your designated beneficiary in the event of your death.
Voluntary Term Life Insurance:
You may choose up to $250,000 of Voluntary Term Life Insurance. The additional life insurance you purchase through the Plan is portable which means that even after your employment with SBL, you may continue participation by paying your premiums directly to the insurance company.
Additional Health System Benefits:
- Retirement plan (403b)
- Time Off Paid (TOP) Program
- Reserve Sick
- Accidental Death & Dismemberment
- Critical Illness Benefit
- Tuition Assistance
- Employee Wellness Program
- Employee Assistance Program