This report analyzes and compares SUMMA HEALTH's employee health insurance and employee benefits with its industry and in Ohio State.

COMPARE SUMMA HEALTH'S EMPLOYEE HEALTH INSURANCE AND BENEFITS

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

  1. Career Benefits
  2. Healthcare Benefits
  3. Financial Benefits

Career benefits

SUMMA HEALTH has superb 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 SUMMA HEALTH. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.

  • CAREER PLANNING: SUMMA HEALTH continually evaluates its team members to determine the potential and direction of employees' careers. The exceptional tools that SUMMA HEALTH uses for career planning allow employees to develop their skills and gain new insights about the industry.
  • COACHING AND MENTORING: By using a valuable coaching and mentoring program, SUMMA HEALTH can determine what should every team member focus on to grow and increase productivity.
  • DEVELOPMENT RESOURCES: SUMMA HEALTH offers first-class development resources to enable its employees to grow on a personal and a professional plan. With access to first-class intern programs and seminars, employees can learn new skills and stay at the top of their fields.
  • GED REIMBURSEMENT: SUMMA HEALTH has a suitable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
  • LEADERSHIP PROGRAMS: SUMMA HEALTH is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, SUMMA HEALTH ensures that team members with a potential for becoming leaders can achieve their goals.
  • ONBOARDING: SUMMA HEALTH is aware of the difficulties that new employees might experience when they join the team. That's why SUMMA HEALTH has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
  • RECOGNITION PROGRAMS: SUMMA HEALTH knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to SUMMA HEALTH.
  • TUITION REIMBURSEMENT: SUMMA HEALTH has a good Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
SUMMA HEALTH's career benefits comparison table

Benefit

SUMMA HEALTH

Industry

Ohio

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

SUMMA HEALTH has valuable health benefits that enable its team members to have various basic and complex procedures covered. Besides, it offers valuable dental and vision plans where team members can rest count on covered preventive exams as well as some procedures. For bigger expenses. Employees have a valuable healthcare spending account at their disposal.

  • COUNSELING: SUMMA HEALTH does not offer counseling.
  • DENTAL PLAN: SUMMA HEALTH offers a solid dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
  • HEALTH INSURANCE: SUMMA HEALTH offers a valuable health insurance for its team members that covers a most basic and some complex medical procedures.
  • HEALTH PLAN INCENTIVES: SUMMA HEALTH offers its team members remarkable 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. SUMMA HEALTH provides educational material and seminars.
  • HEALTHCARE SPENDING ACCOUNTS: To financially help its team members with medical emergencies, SUMMA HEALTH offers a suitable healthcare spending account where employees can deposit a part of their paycheck, free of taxes, and use it to pay hospital bills or other eligible expenses. Any remaining funds left at the end of the year are forfeited.
  • MATERNITY SUPPORT PROGRAM: SUMMA HEALTH 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: SUMMA HEALTH has an impressive telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
  • VISION PLAN: SUMMA HEALTH provides a superior Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
SUMMA HEALTH's healthcare benefits comparison table

Benefit

SUMMA HEALTH

Industry

Ohio

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

SUMMA HEALTH offers remarkable financial benefits for employees and their family members. A remarkable 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.

  • 401(K) PLAN: SUMMA HEALTH knows how important it is to think about retirement and start saving on time. That's why it offers a suitable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and SUMMA HEALTH will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, SUMMA HEALTH provides resources which will help team members decide what to do with their 401(k) plan. SUMMA HEALTH offers a suitable vesting schedule with a gradual increase of 25% per year.
  • ADOPTION ASSISTANCE REIMBURSEMENT: SUMMA HEALTH has a suitable 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: SUMMA HEALTH offers first-class bonuses to team members who excel in their field of work, provide extraordinary results for SUMMA HEALTH, and encourage others to do the same.
  • CHILDCARE DISCOUNT: SUMMA HEALTH offers a great discount for primary childcare to its team members and enables them affordable prices.
  • COMMUTER BENEFIT: SUMMA HEALTH offers extraordinary commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
  • DAYCARE FLEXIBLE SPENDING ACCOUNT: SUMMA HEALTH offers a first-class daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
  • DISABILITY: SUMMA HEALTH offers a remarkable 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: SUMMA HEALTH has a superb life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
  • PAID TIME OFF: SUMMA HEALTH realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why SUMMA HEALTH has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
  • PAID VOLUNTEER TIME OFF: SUMMA HEALTH has a top-notch volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, SUMMA HEALTH stimulates its team members to use two paid days every quartal for volunteering purposes.
  • PARENTAL LEAVE: SUMMA HEALTH has a suitable parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
SUMMA HEALTH's financial benefits comparison table

Benefit

SUMMA HEALTH

Industry

Ohio

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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