Benefits for Employees

Cooper University Hospital has made a commitment to its employees by providing competitive rates of compensations, a comprehensive employee benefits program, attractive work place, and the chance to build and explore a career opportunity by offering professional development.

Medical Coverage

Cooper Health PlanCooper Health Plan

  • Small co-pay when service received from preferred providers
  • Choosing Cooper University Hospital providers gives the highest level of coverage
  • Out of Network benefits available
  • Vision coverage through Spectera
    $10 co-Pay for one exam per 12 months
    $25 co-Pay for lenses per 12 months and frames per 24 months
  • Prescription plan through Medco
    Retail prescriptions - Greater of 30% or $10, $20, $40 for 30-day supply (max co-pay$100)
    Mail order prescriptions - Greater of 30% or $20, $40, $80 for 90-day supply (max co-pay $200

AmerihealthAmeriHealth NJ / PA

  • Small co-pay for services; no deductible
  • Care must be provided through your primary care physician
  • Vision and prescription benefits vary for HMOs

Medical Plan Waiver
Employees may waive participation in the medical plan and receive $600 per year (proof of alternate coverage is required).

Dental Coverage

Delta DentalDelta Dental

  • Preferred Network Coverage
    100% preventative care, 80% basic restorative care, 50% major care, $1250 maximum benefit per calendar year, 50% orthodontic care for children under 19 years of age with a $1500 lifetime maximum
  • Premier & Out-of-Network Coverage
    100% preventative care, 50% major and restorative care, $1250 maximum benefit per calendar year, 50% orthodontic care for children under 19 years of age with a $1500 lifetime maximum.

AssurantAssurant (formerly Fortis)

  • 100% preventative and restorative care, no maximum benefits. Must use a network dentist. No age limit for orthodontic care, no annual deductible.

Short Term Disability

  • New Jersey State Plan provides 2/3 of base salary up to the state maximum
  • Must use 1 week of PTO before beginning your state disability
  • Receive short-term disability for a maximum of 180 days

Long Term Disability

  • Disability insurance is provided for up to 60% of base salary combined with Social Security up $15,000 per month for all employees.

Life Insurance

Cooper Paid Life Insurance and Accidental Death & Dismemberment (AD&D) Insurance
Term Life and AD&D insurance providers 1 times base salary (maximum $600,000)

Employee Paid Supplemental Life Insurance
Term Life Insurance that provides up to 2 times base salary (maximum $200,000)

Employee-Paid Child Life Insurance
Term life insurance for your dependent child(ren) in coverage amounts of $5,000 or $10,000.

Employee-Paid Spouse Life Insurance
Term life insurance for your spouse in coverage amounts of $5,000 to $25,000 in $5,000 increments.

Tax Sheltered Annuity (TSA)


Employees can establish a 403(b) Tax Sheltered Annuity upon hire. Employees can defer 1% to 100% of pre-federal tax dollars up to IRS limits. Contributions available through: Equitable, Fidelity, MetLife and TIAA-CREF.

Defined Contribution Retirement Plan

    • Eligibilty: 21 years old, one year of service with 1000 hours worked
    • Vested after two years of service with 1000 hours worked each year
    • Basic contribution: 1% of base salary
    • Matching contribution: 50% match on the first 5% of base pay participants contribute to their own personal TSA (subject to IRS Compensation limits)

Flexible Spending Accounts

Medical Care Spending Account
$100 minimum/$3000 maximum per year

Dependent Care Spending Account
$100 minimum/$5000 maximum per year ($2500 if married and file separate tax returns

Additional Benefits

  • Employee Assistance Program
  • PTO (vacation, sick, holidays)
  • Extended Sick Leave
  • Direct Payroll Deposit
  • On Site Credit Union
  • Worker’s Compensation
  • Pre-federal tax parking
  • Tuition Reimbursement
  • Series I Savings Bonds
  • Employee RN Referral Bonus

Eligibility

  • Full-time Employees: First of the month following date of hire
  • Part-time Employees: First of the month following three full months of employment. Not eligible for medical HMOs