Novant Health Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
332
401(k)
332 employees
Life Insurance/Disability
216 employees
Education/Training/Tuition/Certification Reimbursement
202 employees
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Paid Holidays / Vacation
202 employees
Paid Sick Leave
110 employees
403(b)
107 employees
Matching Contributions to Retirement Plan
53 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Severance Pay
Novant Health provides many retirement and welfare benefits for their workers. Like Novant Health, a large number of American employers fund health coverage for their employees, through which a considerable portion of each employee's health insurance premium is funded by their employer. These contributions are tax deductible for companies and tax-free for employees. Novant Health offers health, dental, and vision coverage. Novant Health 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-funded retirement plans help to guarantee a reliable income flow later in life. Novant Health provides defined benefit pension plans and defined contribution pension plans. A defined benefit retirement plan pays employees a fixed sum when they reach retirement. With a defined contribution pension plan, companies help workers save and invest for retirement.

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