This report analyzes and compares HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY's employee health insurance and employee benefits with its industry and in New Jersey 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
HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers valuable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY believes that every employee has a valuable set of skills so it helps them plan their careers with valuable developmental resources and mentorships.
- CAREER PLANNING: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY believes that career planning of each employee is a key to a successful business and offers solid opportunities so that the employees can reach their full potential. HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has solid resources at its disposal to achieve this goal.
- COACHING AND MENTORING: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: impressive development resources are what allows HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY to keep its team members in shape and widen their personal and professional horizons. Throughout the year, employees are encouraged to participate in impressive workshops and learning groups with the focus on topics relevant to their respective fields.
- GED REIMBURSEMENT: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY is always on the lookout for new leadership material and offers solid development programs for its team members. With access to solid resources, HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers an impressive Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: Aware of the fact that its team members work hard, HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY implemented a suitable Recognition program with informal rewards to make sure the team members know they are appreciated.
- TUITION REIMBURSEMENT: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY does not offer tuition reimbursement.
Benefit | HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY | Industry | New Jersey |
|---|---|---|---|
| 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
HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers remarkable 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 HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has an extraordinary counseling program for its employees and their family members. Team members are encouraged by HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY 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 extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY cares about its team members' dental health so it offers an impressive dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY 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. HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has a superb 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: Aware of the challenges that come with pregnancy, HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has implemented a superb telehealth policy for its members to use any time of the day, every single day. HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers a good Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY | Industry | New Jersey |
|---|---|---|---|
| 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 solid financial benefits at HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY. 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. HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers solid life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY to partially cover the expenses.
- 401(K) PLAN: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY does not offer adoption assistance reimbursement.
- BONUS PAY: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY, and encourage others to do the same.
- CHILDCARE DISCOUNT: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY does not offer childcare discount.
- COMMUTER BENEFIT: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY acknowledges the fact that some team members have high commuting costs so it offers them first-class commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY 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: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has an extraordinary disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY offers a good life insurance policy to its team members for an affordable price. HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY 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: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY wants for its team members to lead a happy and fulfilled life so it has a solid vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY recognizes the importance of giving back to the community so it offers a good volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY, on volunteer work of their choice.
- PARENTAL LEAVE: HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY | Industry | New Jersey |
|---|---|---|---|
| 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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