The Floating Hospital Benefits

The Floating Hospital employees are provided with a few retirement and welfare benefits. Like The Floating Hospital, countless American employers finance group health plans for their employees, through which a large 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. The Floating Hospital offers health, dental, and vision benefits. The Floating Hospital 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 retirement plans help to ensure a reliable source of income later in life. The Floating Hospital provides defined contribution pension plans. With a defined contribution pension plan, companies help workers save and invest for retirement.