Presbyterian is known for its generous attention to employee benefits. The following is a summary of the benefits currently available to full-time and part-time employees.
Presbyterian Offers Three Medical Plan Options
- CoPay Plan -- Takes a higher premium out of your paycheck, but costs you less out-of-pocket when you use services.
- Co-insurance Plan -- Takes a lower premium out of your paycheck, but will cost you more out-of-pocket each time you use services.
- High Deductible Health Plan -- Takes the lowest premium out of your paycheck, but will cost you more out-of-pocket each time you use services.
Delta Dental Advantage, the largest network of Dental Carriers, provides preventive and diagnostic services paid at 100% of reasonable and customary charges. The PresStandard plan is subject to a $60 annual deductible per individual. This plan pays 80% for basic services and 50% for major dental, with a maximum benefit of $1500 per calendar year. Orthodontia services are paid at 50% of reasonable and customary charges with a lifetime maximum of $1,500. The PresOption plan covers 100% of preventive care and 50% of restorative care. Other services are not covered under the PresOption plan.
Presbyterian employees who are eligible for PresElect Benefits may also enroll in the EyeMed vision plan. It offers a network of vision providers who provide care and materials at a lower cost.
Paid Time Off
|< 5 years
||.096 per hour worked|
|5 to 9 years
||.115 per hour worked|
|10 + years
||.135 per hour worked|
Healthcare Spending Accounts
Allows you to set aside dollars from each paycheck to help pay for healthcare expenses not covered by insurance. Since allowable expenses are paid for with pre-tax dollars, it's like getting a discount of 24-30 percent on these expenses.
Dependent Daycare Spending Accounts
Helps you pay for certain day care expenses for your children or other eligible dependents, with pre-tax dollars. This only covers dependent day care that is provided while you work and your spouse (if you're married) works or attends school full time.
Domestic Partner Coverage
Coverage provided to those who meet the following criteria: two unmarried individuals in a long-term relationship (minimum 12 months) with mutual commitment of responsibility to each other's welfare with shared financial contributions.
Long-Term Disability Insurance
Provided by Presbyterian at no cost for benefit eligible employees. The plan offers income protection if you are unable to work due to an extended illness or injury. If you become totally disabled and unable to work for 90 days, the plan will pay you 60% of your pay, with a minimum benefit of $100 a month and a maximum of $7,500 a month. Benefits may be reduced if you receive other sources of income or you return to work on light duty.
Available after one year of employment at no cost to you. After one week of medical absence, benefits are paid for up to 12 weeks at 80 percent of pay and at five years of service, up to 12 weeks at 90 percent of pay.
The Education Plan of New Mexico
Through this plan, you may set money aside for your college or trade school education or for that of a family member. It allows you to open a college/trade school savings account to fund costs at most college and trade schools in the United States. If you have questions, please contact
The Education Plan
Weekdays, 6:00 a.m. to 6:00 p.m. EST
All eligible employees are automatically covered under Basic Life Insurance. Your coverage amount is equal to your annual salary.
- Supplemental Life Insurance is coverage you buy in addition to your Basic Life Insurance. You may purchase Supplemental Life Insurance for yourself, your spouse, and/or your dependents.
Accidental Death or Dismemberment
This insurance pays your beneficiary a benefit if you die in an accident, and pays you a benefit if you lose an eye or limb in a serious accident. You may also purchase this coverage for your spouse, children, and/or the entire family.
Presbyterian Healthcare Services employees participate in a Defined Contribution Plan - the Shared Security Plan. Presbyterian Health Plan employees participate in a Defined Contribution Plan - the Shared Security 401(k) Plan.
Other Great Benefits
- Shift differentials for nights, weekends and permanent weekends
- Malpractice and General Liability Insurance
- Two Credit Union membership options
- CATCH ME! recognition awards
- Child Care Discounts at several day care centers
- Direct deposit for your pay
- Relocation bonus (for some positions)
- Employee Assistance Program (EAP)
- Healthplex membership discounts
- Special programs to help manage your healthcare costs
- Free parking
Education assistance and stipend program for "hard to fill" positions (see list below). Up to $2,000.00 reimbursement per year for regular full-time and $1,000.00 per year for regular part-time employees.
Educational Assistance Program Eligibility
Candidates for reimbursement must:
- Receive a B in all courses for which reimbursement is requested
- Not be in formal corrective action
- Bachelor degree programs will be reimbursed, if the degree sought is:
- – Required for the current job
- – Required for a hard-to-fill job
- Graduate degree programs will be reimbursed, if the degree sought is:
- – Required for the current job
- – An entry degree for a hard-to-fill job (e.g., PharmD)
- – A Masters in Nursing
Annual reimbursement will be a flat $3,500 for full-time employees and $1,500 for part-time employees, per calendar year. A participant will not receive more than the maximum limit in any given calendar year. Participants may be reimbursed for tuition and fees up to the annual limit. This will be administered by year, not semester.
Employees must apply for the program by July 31 or December 31 of each year and will be included in the program based on eligibility, degree program and total number of applicants. Eligible employees who are not accepted into the program, due to the number of applicants, will be placed on a waiting list.
Employees will be required to work 2080 hours following the final reimbursement. If their employment ends before the 2080 work hours are complete, the employee will be required to pay back 100% of all reimbursement received during the final year of program participation.
Hard-to-fill positions considered first for the Educational Assistance Program include, but are not limited, to the following:
- Cardio Invasive Specialist II
- CRNA - Regional
- CT Technologist
- Graduate Nurses
- Mid-Level Practitioner
- MRI Technologist
- Nuclear Medicine Technician
- Occupational Therapist
- OT Asst/COTA
- Physical Therapist
- Physical Therapist Assistant
- Polysomography Technician II
- Radiology Specialist
- RN direct patient care hierarchy
- Speech Therapist
- Ultrasound Specialist
- Vascular Ultrasound Technologist
This information is subject to change as situations warrant. Policy changes may supersede, modify, or eliminate policies or plans summarized in this document. This summary information does not constitute a contract or any part of a contract. Presbyterian Healthcare Services reserves the right to change or cancel these plans and policies.