Benefits and Resources to Support You and Your Family
At Cincinnati Children’s, we believe in nurturing employees’ lives as well as their careers. Our benefits equal or surpass other hospitals in the region, and we’re proud to offer one of the best working environments in our field.
Our benefits help you manage your health, protect you if you are unable to work, help you further your education, and prepare for retirement.
We offer several plans to meet the individual needs of eligible employees and their families. Plans offer similar coverage but vary in the premium and out-of-pocket costs. All plans offer both in-network (across the country) and out-of-network coverage.
Health Savings Account
Employees enrolled in the HSA Advantage or HSA Basic medical plan can contribute to a health savings account using pre-tax dollars, and then use the money to pay for eligible healthcare expenses. Contributions to HSAs are not taxed.
Flexible Spending Accounts
Employees can contribute to flexible spending accounts using pre-tax dollars, and then use the money to pay for eligible healthcare and dependent care expenses. Contributions to FSAs are not taxed.
Eligible employees can choose from several plans that offer a range of benefits, costs, and availability of non-network benefits. All plans include an extensive network of dentists and cover annual routine cleanings 100 percent.
The vision plan helps cover the cost of eye exams, frames, lenses and contacts, and provides various discounts. In-network and out-of-network benefits are available.
Cincinnati Children’s is committed to creating an environment in which every employee is capable of being resilient, safe and focused on taking care of themselves, each other and the patients we serve. Our well-being program provides the resources, tools, and support to achieve optimum well-being.
Employer-Funded Retirement Plans
Eligible employees automatically participate in one of two retirement plans: a defined benefit (DB) pension plan or a defined contribution (DC) retirement plan. Cincinnati Children's pays 100 percent of the cost of providing both plans, and employees become vested in retirement benefits within as few as three years if they have 1,000 or more paid hours in each year.
Eligible employees can meet with a professional advisor to get personalized investment and financial planning advice. This service is provided by the administrator or our Employer-Funded Retirement Plan.
Employee-Funded Retirement Savings Plan
Employees can save their own money on a pre-tax basis in the Employee Savings Plan. The plan is a 403(b) plan, similar to a 401(k), and is self-directed, meaning employees determine how the contributions are invested. The plan offers various investment vehicles including an array of mutual funds, including various target-date mutual funds.
Life / AD&D Insurance
Eligible employees automatically receive group term life insurance and Accidental Death and Dismemberment (AD&D) insurance coverage. Cincinnati Children's pays 100 percent of the cost of providing this coverage. Employees can purchase supplemental term life insurance and AD&D insurance for themselves, their spouses and dependent children.
Short-Term and Long-Term Disability Insurance
Eligible employees automatically receive excellent Short-Term and Long-Term Disability insurance coverage. Cincinnati Children's pays 100 percent of the cost for this coverage.
Pre-Paid Legal Insurance
Employees can purchase a legal insurance plan which provides you and your family with affordable and reliable legal counsel for everyday life matters. Services are provided by an extensive network of participating attorneys including telephonic advice and consultation from attorneys.
Identity Theft Protection & Credit Monitoring
Employees can purchase Identity Protection which helps protect people from identity theft and financial fraud. The service also gives people more control over the private information they share through online accounts.
Eligible employees accumulate paid time off for vacations, holidays, personal time and short-term illness, as well as paid time for extended illness. Employees may also take unpaid leaves of absence, including leaves under the Family and Medical Leave Act according to the standards of the U.S. Department of Labor.
Employee Assistance Program
Employees and members of their households can use the Cincinnati Children’s employee assistance program for help with issues such as family or marital relationships, death in the family, alcohol or drug problems, and other emotional or psychological problems. Onsite counseling is available to Cincinnati Children’s employees.
Eligible employees receive tuition reimbursement up to $5,250 per calendar year for undergraduate courses and up to $7,500 per calendar year for graduate coursework.