Park Nicollet Health Services Benefits

Park Nicollet Health Services workers are given a few retirement and welfare benefits. Like Park Nicollet Health Services workers, a large number of American employees participate in health insurance funded by their employer, through which a considerable proportion of each employee's health insurance premium is paid for by their employer. In this arrangement, companies receive tax deductions for their contributions and employees collect the plans tax-free. Park Nicollet Health Services provides health and dental insurance. Park Nicollet Health Services also offers 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 ensure a reliable flow of income later in life. Park Nicollet Health Services provides defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.