Genesis HealthCare Benefits

Genesis HealthCare offers several types of pension and welfare benefits. A large number of members of the American workforce, like Genesis HealthCare workers, use employer-provided health plans, through which a significant proportion of each worker's health insurance premium is paid for by their employer. These contributions are tax deductible for companies and tax-free for workers. Genesis HealthCare provides health, dental, and vision insurance. Genesis HealthCare 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. Employer-provided retirement plans help to guarantee a steady income flow later in life. Genesis HealthCare offers defined contribution pension plans. With a defined contribution retirement plan, companies help employees save and invest for retirement.