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Medical
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Rates |
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Contributions for medical coverage for all Advocate
associates are based on benefits-eligible service. With the service-based
approach, associates will pay less toward the cost of their medical coverage—as
a percentage of the total cost of this coverage—as they complete additional
years of benefits-eligible service. So, associates with more years of
benefits-eligible service will pay less for medical coverage than associates
with fewer years of benefits service. In fact, an associate who has completed
20 or more years of Advocate benefits-eligible service will pay about half as
much for medical coverage as a newly-hired associate will pay for the same
coverage.
Associate Contributions
Contribution rates—including rates for Dental and Vision coverage—are
available on the following information sheets. If you are a:
2008 Contribution Rates
This service-based approach recognizes the increased value over time of
associates who commit to Advocate Health Care and, in effect, provides a
meaningful financial reward to longer-service associates.
Note: The High-Deductible Health Plan is a “high-deductible”
plan, as defined under federal regulations. If you elect this coverage option,
you may open a Health Savings Account (HSA) on your own and take advantage of
this new opportunity to use tax-free dollars to reimburse yourself the cost of
eligible health care services.
A more complete description of benefits, limitations and exclusions is included
in the certificate of coverage and Plan Summary booklets.
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