Best Providence Employee Benefit Packages Near Me – Premium Providence RI Employee Benefit Plans Provider

Thursday, November 9, 2023 16:06 Posted by Admin
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Are you an employee in Providence, RI, or are you considering a job opportunity in this beautiful city? If so, understanding your employee benefits package is crucial for you and your family’s well-being. Navigating the world of employee benefits can be overwhelming, but fret not. This comprehensive guide will help you unlock the best employee benefit packages Providence RI, and equip you with the knowledge to make informed decisions about your benefits, from health coverage to retirement plans.

In this blog post, we will dive deep into the various aspects of employee benefit packages Providence RI, with respect to benefits such as health, dental, and vision coverage, retirement plans, flexible spending accounts, and additional benefits like life insurance and identity protection plans. By the end of page one of this journey page, you will have a solid grasp of the employee benefit landscape in Rhode Island and be better prepared to make the most of these valuable resources.

Key Takeaways

  • Providence, RI employees have access to comprehensive benefit packages with health, dental and vision coverage.
  • Retirement plans and savings options are available along with Flexible Spending Accounts (FSA) for eligible healthcare expenses.
  • Additional benefits include life insurance and identity protection plans as well as human resources support & online resources.

Understanding Employee Benefit Packages in Providence, RI

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As an employee in Providence, RI, you have access to a wide array of benefits designed to support you and your family’s well-being. These benefits encompass hospital care, surgical/medical benefits, and even accidental death coverage. Getting acquainted with the various options available and understanding their cohesive functionality to provide comprehensive protection is vital.

Health, dental, and vision coverage form the cornerstone of any employee benefit package. In Rhode Island, these benefits are typically provided by well-established carriers like Blue Cross Blue Shield, Delta Dental, and the Vision Service Plan, ensuring that you receive high-quality care and services. We’ll unravel the specifics of each type of coverage.

Health Coverage Options

When it comes to health coverage, Blue Cross Blue Shield of Rhode Island is the primary provider for active employees in Providence. They offer a range of health coverage plans, such as medical and dental plans for individuals and families, Medicare options, and telehealth services. Comparing the health coverage provided by Blue Cross Blue Shield of Rhode Island with other insurance providers in the state like Neighborhood Health Plan of Rhode Island, UnitedHealthcare Insurance Company, and Cigna Health and Life Insurance Company, can help you make the most suitable decision for your family.

The State of Rhode Island offers eligible active employees three medical plans – Anchor, Anchor Plus, and Anchor Choice with HSA, all administered by Blue Cross Blue Shield of Rhode Island. These plans come with various advantages, such as medical benefits, telehealth capability, wellness incentives and rewards, and access to a vast network of healthcare providers. For precise cost information, it’s recommended to get in touch with Blue Cross Blue Shield of Rhode Island directly.

Dental Benefits with Delta Dental

Dental health is an essential aspect of overall well-being, and employees in Providence, RI, have access to comprehensive dental benefits through Delta Dental. The Delta Dental PPO Plus Premier™ plan is offered in Rhode Island, providing employees with several dental coverage options: Anchor Dental, Anchor Dental Plus, and Anchor Dental Platinum. These plans cover preventive care, basic restorative procedures, and major restorative procedures without the need for pre-approval.

Choosing a dentist within the participating network and submitting your claims to Delta Dental of Rhode Island is key to maximizing your dental benefits. By choosing a participating dentist, you can maximize your coverage and ensure that your claims are processed promptly.

Vision Benefits and Providers

Vision benefits are also available for employees in Providence, RI, through Davis Vision. These benefits include:

  • One annual routine eye exam per calendar year with a co-payment under the medical policy
  • Prescription glasses (lenses)
  • Optical coverage for an exam, glasses, or contacts every 24 months.

Keep in mind, Davis Vision provides complete in-network coverage for vision services in Providence, RI. Unfortunately, there is no coverage for services performed at an out-of-network provider. However, members may be eligible for partial reimbursement for out-of-network services by filing a claim. The out-of-network reimbursement amount varies depending on the service.

Retirement Plans and Savings

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Strategizing for retirement is a pivotal aspect of long-term financial stability. Employees in Providence, RI, have access to various retirement plans and savings options, and resources such as:

  • The FICA Alternative Retirement Plan (FARP)
  • Voluntary retirement accounts
  • The 457(b) Deferred Compensation retirement plan
  • U.S. Savings Bonds

Understanding the cost of these options and how they can help you achieve your retirement goals is essential.

Eligibility for different retirement plans may vary based on your employment status and the specific plan offered by your employer. Maximizing your retirement savings requires a clear understanding of the eligibility criteria and the various options available. We’ll delve deeper into these retirement plans.

Eligibility Criteria for Retirement Plans

The Rhode Island Employees’ Retirement System (ERSRI) is a contributory defined benefit and defined contribution retirement system that provides retirement, disability, and survivor benefits to public employees in Rhode Island. Eligibility for various retirement plans in Providence, RI, may depend on your employment status and the specific eligible for plan offered by your employer. These eligible for plans may include:

  • Active employees
  • Government employees
  • Educators
  • Healthcare professionals

To be eligible to participate in the ERSRI, you must meet the minimum age and service credit criteria according to your schedule. For example, the minimum age for service retirement for class A employees who become members on or after July 1, 2009, is sixty-two (62) years of age. Having a clear grasp of these eligibility criteria can guide you towards more informed decisions regarding your retirement plans.

Retirement Plan Options

Employees in Providence, RI, have the option to participate in the RI Employees’ Retirement System (ERSRI) or contribute to the RIBGHE 403 (b) Defined Contribution Retirement Plan upon meeting the eligibility criteria. The ERSRI is a defined benefit plan that provides retirement, disability, and death benefits to eligible employees of the State of Rhode Island.

On the other hand, the RIBGHE 403 (b) Defined Contribution Retirement Plan is a retirement savings plan that enables employees to save for retirement in a tax-deferred manner. Additionally, there’s the 457(b) Deferred Compensation Retirement Plan, which is a tax-deferred plan for retirees that provides an additional opportunity to accumulate funds for retirement while reducing current tax liability.

Grasping the various retirement plan options available equips you to maximize your retirement savings and secure your financial future.

Flexible Spending Accounts (FSA)

Flexible Spending Accounts (FSA), also known as flexible spending account, are two forms of a valuable employee benefit that allows you to allocate pre-tax dollars for eligible healthcare benefits, dependent daycare, and transit expenses. FSAs can help you save money on taxes while ensuring that you have funds available for necessary expenses.

In Providence, RI, the available Flexible Spending Accounts (FSA) are Health Care FSA and Dependent Care FSA. We’ll examine FSA access, enrollment and administration more closely.

FSA Enrollment and Administration

To enroll in an FSA in Providence, RI, you must re-elect it annually or enroll during the open enrollment period. Detailed instructions and links on how to enroll can be found on the visit the Enrollment page of the employee benefits office’ website. The FSA program is administered by ASI Flex, a company responsible for overseeing and administering flexible spending accounts.

Staying updated about the enrollment deadlines and procedures is crucial to leveraging this valuable benefit. Keep in mind that if you miss a date to enroll, during the open enrollment period, you may not be able to enroll in an FSA until the next open enrollment period, unless you experience a qualifying life event.

FSA Deadlines and Claims Submission

For the 2021-2022 plan and calendar year only, the deadline to submit FSA claims forms is June 30, 2022. To submit FSA claims in Providence, RI, you may manually submit a paper FSA Claim Form via fax or mail to contact ASIFlex. Alternatively, you can submit FSA claims forms online through the contact ASIFlex website ( or by using the ASIFlex mobile app.

When submitting an FSA claim, you may be required to provide some proof of documentation such as receipts or paperwork to validate the expenses. Being organized and tracking your eligible expenses is key to contribute to a smooth claims submission process. Remember to submit your claims by the date of the deadline to maximize your FSA benefits.

Additional Benefits for Active Employees

In addition to access to basic health, dental, vision, retirement, and flexible spending benefits, active employees in Providence, RI, may also have access to other valuable benefits such as life insurance and identity protection plans. These additional benefits can provide peace of mind and financial security for you and your family.

We’ll delve deeper into these and other benefits, and other benefits.

Life Insurance Options

Life insurance is an essential benefit that provides financial protection for your loved ones in the event of your death. In Providence, RI, Optional Life Insurance is available to Police, Fire, and Non-union employees (City and School Department). Active Police, Fire, and Non-Union employees of the City are covered for Basic Life & AD &D insurance. This coverage is provided at the City’s expense..

Employees can decide if they want to contribute to pay the life insurance coverage premiums on a pre-tax basis or not. The applicable rate per $1000 of life insurance coverage per pay period (biweekly) will remain as it is. Being aware of your life insurance options and choosing the appropriate coverage for your needs is paramount to your family’s financial security.

Identity and Privacy Protection Plans

In today’s digital age, identity theft and privacy breaches are becoming increasingly common. Identity and privacy protection plans are designed to safeguard your sensitive personal information and provide assistance in the event of a security breach. In Providence, RI, leading identity and privacy protection plans include:

  • The City of Providence HR department’s plan for all employees and their families
  • IDShield’s monitoring and comprehensive identity restoration services
  • Sontiq’s award-winning ID theft protection through IdentityForce’s UltraSecure and UltraSecure+Credit products.

These plans typically offer features such as services such as credit monitoring, identity theft insurance, and monitoring and removal of your personally identifiable and contact information from data brokers and other sources. Enrollment in an identity and privacy protection plan helps protect your personal contact information and secures your digital presence.

Open Enrollment Periods and Procedures

Open enrollment is an annual event that allows employees to:

  • Review, select, and make changes to their benefit options
  • It typically occurs in May, with an effective date of July 1 each year
  • During this period, employees can choose to opt-in or opt-out of medical, dental, vision, and FSA coverage through the State’s enrollment system.

Completing the enrollment process by the specified deadline is paramount to maintaining active coverage. If you miss the open enrollment period, note that you may not be able to enroll in benefits until the next open enrollment period unless you experience a qualifying life event, such as marriage, birth, or adoption of a child. Stay informed about open enrollment periods and procedures to make the most of your employee benefits.

Human Resources Support and Resources

Navigating the world of employee benefits can be complex, but you don’t have to do it alone. The human resources department is available to assist employees in Providence, RI, with their employment benefits, with services including:

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Retirement plans
  • Flexible spending accounts

They can provide guidance, answer questions, contact them, and other resources to help you understand your benefit options.

In addition to links to the support provided by the human resources department, employees in Providence, RI, have access to links to a variety of online resources to manage their benefits. These resources include links to resources for:

  • Workterra online enrollment system
  • Virgin Pulse wellness platform
  • Virtual Benefits Fair
  • BCBSRI member portal (
  • Paystub RI – State Employee Payroll Viewer

Feel free to visit your office or contact your office human resources department or use these online resources and links to optimize your office employee benefits.

Coordination of Benefits for Spouses and Families

Employee benefits don’t just affect the individual employee; they also have an impact on their spouse and family members. Coordination of Benefits for Spouses and Families is a policy that allows the spouse of employees to be reimbursed in their bi-weekly paycheck the amount that their spouse has been deducted from their paycheck. This can help ensure that both spouses are contributing to the cost of their spouse and family’s benefits.

To take advantage of this policy, employees must:

  1. Enroll in an individual plan with their employer
  2. The cost incurred by the spouse of the employee will be subtracted from the employee’s bi-weekly paycheck
  3. The employee will then be reimbursed accordingly.

Comprehending the coordination of employee benefits, for spouses and families enables you to optimize your employee benefits and ensure adequate coverage for your family.


In conclusion, understanding your employee benefits package in Providence, RI, is crucial for you and your family’s well-being. From health, dental, and vision coverage to retirement plans, flexible spending accounts, and additional benefits like life insurance and identity protection plans, there are numerous options available to help you and your family and loved ones stay protected and secure.

By educating yourself on the various benefits available, staying informed about enrollment periods and procedures, and utilizing the support and resources provided by your human resources office or department, you can make informed decisions about your benefits and ensure that you’re making the most of these valuable resources. Invest in your future and the future of your family by unlocking the best employee and family benefit packages in Providence, RI.

Frequently Asked Questions

What benefits does Providence offer?

Providence offers a comprehensive benefits package including group health insurance, paid time off, retirement savings plans, and wellness programs. This is designed to help employees maintain their physical and financial well-being.

What is a standard benefit packages for employees?

Employee benefits packages typically include health care coverage, retirement benefits, and paid time off, as well as mandated benefits such as COBRA, FMLA, and minimum wage standards. Many states also require additional coverage for services like disability, workers comp, and extra leave.

What are the 4 major types of employee benefits?

The four basic major types of employee benefits are medical, insurance, paid time off and retirement. These are considered traditional employee benefits only, as well as a few non-traditional employee benefits, that can help to enhance company culture, increase employee engagement and improve retention.

How much should I pay for employee benefits?

Employee benefits typically cost companies between $50 to $200 per month per employee, which amounts to an average monthly cost of benefits of $1,997.36 for civilian workers, $1,798.69 for private industry workers and $3,322.87 for state and local government workers.

Does Providence have a pension plan?

Yes, Providence has a pension plan; they offer employees a 403(b) and 401(a) plan, as well as a 457(b) plan. The College also provides defined contribution pensions, with contributions made by the College and all contributions immediately vested with the employee after two years of service. Additionally, the Retirement Office administers benefits for members of the Employee Retirement System on behalf of the City of Providence.

Written by Todd Taylor

Todd Taylor

Todd Taylor oversees most of the marketing and client administration for the agency with help of an incredible team. Todd is a seasoned benefits insurance broker with over 35 years of industry experience. As the Founder and CEO of Taylor Benefits Insurance Agency, Inc., he provides strategic consultations and high-quality support to ensure his clients’ competitive position in the market.

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