Health and Wellness
Medical Plan Options
Old National contributes a significant portion of the premium amount for medical coverage for eligible associates. The remaining portion of the premium is funded by the associate. There are multiple Preferred Provider Organization (PPO) plans to choose from.
Dental and Vision Insurance
Full-time and eligible part-time associates may enroll in one of two dental plans: Premier and Basic. Orthodontia benefits for plan participants under age 19 are offered.
Full-time and eligible part-time associates may also enroll in vision insurance.
Dental and vision benefits are available on a voluntary basis through group rated plans.
Spending Accounts (Health Care and Dependent Care)
Flexible spending accounts allow full-time and eligible part-time associates to set aside pre-tax dollars to cover various types of eligible expenses. Money contributed to the account is not subject to federal, state or Social Security taxes. The Health Care account allows reimbursement for out-of-pocket medical expenses up to a maximum of $2,500. Associates may contribute up to $5,000 to a Dependent Care account, which allows reimbursement for dependent care expenses.
Basic Life and AD&D Insurance
Basic Life and Accidental Death & Dismemberment insurance is provided for full-time associates at one times their annual salary, up to a maximum of $400,000. Eligible part-time associates are entitled to $15,000 of basic life insurance coverage. Full-time and eligible part-time associates may purchase Accidental Death and Dismemberment insurance in addition to the Basic Life and AD&D benefit provided by the Company.
Dependent Life Insurance
Full-time associates may purchase supplemental life insurance coverage for their spouse and dependent children.