Norwegian American Hospital Benefits

At Norwegian American Hospital, workers are provided with many retirement plans and other perks. A large number of American businesses, like Norwegian American Hospital, fund health plans for their employees, through which a sizable proportion of each employee's health insurance premium is covered by their employer. These contributions are tax deductible for businesses and tax-free for workers. Norwegian American Hospital provides health, dental, and vision benefits. Norwegian American 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. Employer-provided pension plans help to secure a reliable money flow later in life. Norwegian American Hospital offers defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay retirees a fixed amount upon retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.