Benefits
Capella offers a comprehensive benefits package generously subsidized by Capella Healthcare to full-time employees scheduled to work at least 32 hours a week and part-time employees scheduled to work at least 20 hours a week, including:
Medical Insurance
Employees choose between two different PPO plans designed to provide protection to employees and immediate family. Both plans cover the same services, but at different levels.
Dental
Care covers a wider range of services and is divided into four basic categories: preventative and diagnostic services, basic services, major services, and orthodontia.
Vision
Coverage allows benefits for yearly eye exams, glassed, lenses, contacts, and discounts on laser vision care.
401(K) Retirement Plan
This benefit is available to employees after six months of service. Employees choose from several investment options and make contributions with pre-tax dollars, thus reducing their taxable income. As part of the discretionary match program, Capella can choose to match a specific portion of an employee’s salary deferral contributions. Matching contributions are typically funded once per year, after the close of the plan year.
Healthcare and Dependent Care Flexible Spending Accounts
Capella’s flexible spending accounts help employees save money by paying for out-of-pocket health care and dependent care expenses with tax-free dollars.
Short Term and Long Term Disability
Disability plans continue a portion of employees income if disabled due to illness, injury, or pregancy. Benefits are reduced by any other disability benefits, such as Social Security.
Basic Life and AD&D Insurance
Capella Healthcare provides company paid Basic Life and AD&D Insurance to full-time employees working at least thirty-two hours a week. Additional coverage is available to employees at excellent group rates.
Dependent Life and AD&D Insurance
Employees can take advantage of discounted rates for their spouse and eligible children.
Employee Assistance Program (EAP)
The EAP is a free service designed to help employees and their family cope with personal concerns. The EAP provides a variety of confidential counseling services, including:
- Counseling on Personal Issues
- Financial Information and Resources
- Assistance with Work-Life Needs
- Legal Information and Consultation
Employee Benefit Website
Our online employee benefits website makes it easy for employees to view benefits at any time, access links to benefits carrier websites, and make changes to benefits during Open Enrollment or during the year (if the employee experience a qualifying “life event.”) To login, go to www.MyCapellaBenefits.com
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