Ochsner Clinic Foundation Benefits

Ochsner Clinic Foundation workers are given several options for retirement plans and amenities. A large number of members of the American workforce, like Ochsner Clinic Foundation employees, enroll in group health coverage funded by their employer, through which a considerable proportion of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for businesses and tax-free for employees. Ochsner Clinic Foundation offers health and dental plans. Ochsner Clinic Foundation 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 stable income source later in life. Ochsner Clinic Foundation offers defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees collect predetermined compensation upon retirement. With a defined contribution pension plan, employers help workers save and invest for retirement.