Medical Coverage
Bedford’s medical premiums are top-notch with the company contributing to a large amount of the cost. Employees and their families have two plans from which to choose.
Health Savings Account
Employees may contribute and receive employer contributions to their tax-free savings account for medical, dental, and vision expenses to use now and into the future. Annually, an employee may contribute up to $3,500 for self-only or $7,000 for family (2019 limits). Those age 55 or older may contribute an additional $1,000. The HSA is available to those who choose the high deductible health plan.
Flexible Spending Account
Both general purpose (medical/dental/vision) and dependent care accounts may be set up offering tax-free savings opportunities each year. For a general purpose account, $2,700 may be contributed annually (2019 limits). For a dependent care account, up to $5,000 may be contributed annually (2019 limits). Funds must be used annually within the flexible spending accounts.
Dental Coverage
Our plan helps to cover preventative, basic, and major services for employees and their family members.
Short-Term Disability and Long-Term Disability
Provided at Bedford’s expense, the company wants to ensure our employees have protection in the event a medical situation arises that prevents the employee from working.
Life Insurance
Basic coverage is offered to protect all employees and their families. Voluntary coverage including accidental death and dismemberment may also be elected by employees.
Employee Assistance Program
All employees and their families may take advantage of a free and anonymous program in which they can receive for support for a variety of situations life can bring.
On-Site Wellness Center and Wellness Reimbursement
Our new, state-of-the-art wellness center allows employees the opportunity to focus on personal fitness goals at work. In addition, employees may receive an annual reimbursement for a membership at a local wellness center.
