Medical Insurance

St. Peter’s Health offers a wide array of benefits to employees and their families, including Medical, Prescription, Dental, Vision, Life/Disability, and supplemental options like Critical Illness and Accident Insurance. On top of these traditional benefits, we also offer up to a 6% contribution for 403b retirement plan participants; a free family membership to Capital City Health Club; educational scholarships through the Fred C. Olson Learning & Development Institute; and an expanding childcare center dedicated to serving St. Peter’s families.

Every year, we manage rising healthcare costs by making thoughtful changes to our benefits plan designs rather than just passing increases along to our employees. For example, the tiered benefits program we created in 2024 allows us to deeply discount any care received from a St. Peter’s provider or facility because we can control those costs.

When you choose St. Peter’s, you’re getting a discount! Many employees still have the misconception that Tier 2 (Allegiance Network Tier) means they’re being penalized with higher costs, but these costs are actually standard network rate. Getting care from St. Peter’s in Tier 1 is actually a discount, because we can choose to do that for our employees.

Network Information: St. Peter’s Health plans do not cover any Benefis providers, except in emergencies. Care at St. Peter’s will always be less expensive for you than outside providers. Any labs or x-rays done outside St. Peter’s will be billed at Tier 3 (standard Allegiance network rate). To check your provider’s tier, visit the Allegiance website.

As we continually make changes to ensure we’re offering competitive benefits, we routinely review what other employers in our region and health systems our size around the country are offering. We’re pleased to report that St. Peter’s
– 90% of all health systems have a “narrow network” option, similar to our St. Peter’s discount and Friendlies tiers.
– Our Tier 1 (St. Peter’s) deductible and OOP costs are better than 75% of all the health plans we surveyed. And, access to the range of
providers in our Tier 1 benefits is equal to or larger than 90% of the narrow networks surveyed.
– Our Tier 1 (St. Peter’s) HDHP deductible is the lowest of all the plans surveyed.
– Only St. Peter’s has tiered premiums based on salary/income where lower income members pay far less than higher income members.
– Our copay for Emergency Room care is the lowest in all the plans we surveyed.
– Only St. Peter’s offers free generic prescriptions.
– Only St. Peter’s offers a $500 maximum OOP cost for delivering a baby – new for 2025 when you deliver at St. Peter’s!