This report analyzes and compares BLUE CROSS BLUE SHIELD OF TENNESSEE's employee health insurance and employee benefits with its industry and in Tennessee State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
BLUE CROSS BLUE SHIELD OF TENNESSEE has top-notch career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the BLUE CROSS BLUE SHIELD OF TENNESSEE. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: BLUE CROSS BLUE SHIELD OF TENNESSEE offers top-notch possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, BLUE CROSS BLUE SHIELD OF TENNESSEE makes sure that every single team member takes the full advantage of top-notch career planning programs.
- COACHING AND MENTORING: BLUE CROSS BLUE SHIELD OF TENNESSEE believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: excellent development resources are what allows BLUE CROSS BLUE SHIELD OF TENNESSEE to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in excellent workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: BLUE CROSS BLUE SHIELD OF TENNESSEE has an exceptional GED policy and offers to pay full costs for employees who want to obtain a GED.
- LEADERSHIP PROGRAMS: BLUE CROSS BLUE SHIELD OF TENNESSEE offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by BLUE CROSS BLUE SHIELD OF TENNESSEE to grow as leaders and learn how to make tough calls.
- ONBOARDING: BLUE CROSS BLUE SHIELD OF TENNESSEE does not offer onboarding.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, BLUE CROSS BLUE SHIELD OF TENNESSEE implemented a great Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: BLUE CROSS BLUE SHIELD OF TENNESSEE has a suitable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | BLUE CROSS BLUE SHIELD OF TENNESSEE | Industry | Tennessee |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
BLUE CROSS BLUE SHIELD OF TENNESSEE offers first-class health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy BLUE CROSS BLUE SHIELD OF TENNESSEE's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: BLUE CROSS BLUE SHIELD OF TENNESSEE has an excellent counseling program for its employees and their family members. Team members are encouraged by BLUE CROSS BLUE SHIELD OF TENNESSEE to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This excellent counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at BLUE CROSS BLUE SHIELD OF TENNESSEE have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. BLUE CROSS BLUE SHIELD OF TENNESSEE partially pays for dentures and braces as well.
- HEALTH INSURANCE: BLUE CROSS BLUE SHIELD OF TENNESSEE provides an extraordinary health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: BLUE CROSS BLUE SHIELD OF TENNESSEE offers its team members superb health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. BLUE CROSS BLUE SHIELD OF TENNESSEE provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: BLUE CROSS BLUE SHIELD OF TENNESSEE has a first-class healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: BLUE CROSS BLUE SHIELD OF TENNESSEE has a valuable maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: BLUE CROSS BLUE SHIELD OF TENNESSEE has implemented a remarkable telehealth policy for its members to use any time of the day, every single day. BLUE CROSS BLUE SHIELD OF TENNESSEE covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: BLUE CROSS BLUE SHIELD OF TENNESSEE has an outstanding Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | BLUE CROSS BLUE SHIELD OF TENNESSEE | Industry | Tennessee |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
Team members enjoy great financial benefits at BLUE CROSS BLUE SHIELD OF TENNESSEE. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. BLUE CROSS BLUE SHIELD OF TENNESSEE offers great life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect BLUE CROSS BLUE SHIELD OF TENNESSEE to partially cover the expenses.
- 401(K) PLAN: BLUE CROSS BLUE SHIELD OF TENNESSEE has a superior 401(k) plan as it realizes that many of its team members are concerned with the future and want to retire with a sizable retirement fund. BLUE CROSS BLUE SHIELD OF TENNESSEE provides a 401(k) plan where employees can rest assured that the money they put aside will allow them to live comfortably in retirement. Employees are encouraged to invest up to 5% in 401(k) by a superior BLUE CROSS BLUE SHIELD OF TENNESSEE has Matching program that matches 75% of employees' contributions. Whatever BLUE CROSS BLUE SHIELD OF TENNESSEE contributes, it becomes 100% vested after a 2-year period after which the employees can keep even if they leave BLUE CROSS BLUE SHIELD OF TENNESSEE. Recognizing that every team member is unique, with specific needs and goals, BLUE CROSS BLUE SHIELD OF TENNESSEE keeps their members informed about their 401(k) options.
- ADOPTION ASSISTANCE REIMBURSEMENT: BLUE CROSS BLUE SHIELD OF TENNESSEE has a great Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: BLUE CROSS BLUE SHIELD OF TENNESSEE has a great bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: BLUE CROSS BLUE SHIELD OF TENNESSEE does not offer childcare discount.
- COMMUTER BENEFIT: BLUE CROSS BLUE SHIELD OF TENNESSEE acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: BLUE CROSS BLUE SHIELD OF TENNESSEE has a good daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: BLUE CROSS BLUE SHIELD OF TENNESSEE offers a top-notch short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: BLUE CROSS BLUE SHIELD OF TENNESSEE offers a valuable life insurance policy to its team members for an affordable price. BLUE CROSS BLUE SHIELD OF TENNESSEE participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: BLUE CROSS BLUE SHIELD OF TENNESSEE has an excellent vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: BLUE CROSS BLUE SHIELD OF TENNESSEE does not offer paid volunteer time off.
- PARENTAL LEAVE: BLUE CROSS BLUE SHIELD OF TENNESSEE has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | BLUE CROSS BLUE SHIELD OF TENNESSEE | Industry | Tennessee |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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