Columbia Memorial Hospital Benefits

Columbia Memorial Hospital offers some retirement and welfare benefits. Like Columbia Memorial Hospital, many American companies provide health plans, through which businesses typically foot the bill for a large proportion of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for employees. Columbia Memorial Hospital provides health, dental, and vision insurance. Columbia Memorial Hospital also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help guarantee a dependable money stream later in life, many workers rely on employer-funded retirement plans. Columbia Memorial Hospital offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, employees are provided with predetermined compensation when they retire. With a defined contribution retirement plan, businesses help workers save and invest for retirement.