FINANCIAL WELL-BEING

Take control of your financial health, set and achieve long-term financial goals, and feel confident in your money-management skills.

Schedule a Benefits Appointment

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Employer Paid Life and AD&D Insurance ▼

Renown provides a basic-term life and accidental death and dismemberment (AD&D) insurance policy at no cost for full- and part-time employees working at least 30 hours per week. Employees are automatically enrolled in this benefit the first day of the month following 30 days of employment. Coverage amounts are as follows, based on position:

Coverage Amounts:

Non-exempt (hourly) positions

  • 1 times annual earnings to a maximum of $100,000

Exempt (salaried) positions

  • 1 times annual earnings to a maximum of $200,000

Leadership

  • 2 times annual earnings to a maximum of $300,000

Coverage: 

  • Accidental death doubles the life benefit amount.
  • Accidental death and dismemberment includes a schedule of benefits for losses other than death.
  • Coverage amounts for employees age 70 and older will be reduced on a pro-rata basis.
  • Life insurance coverage includes an “accelerated” benefit in the event of a terminal illness.

Click here for more details.

Download Summary Flyer

Update Your Beneficiary Information

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401(k) Plan ▼

Renown's Retirement Savings Plan can help you on your journey to a comfortable financial future.

Eligibility and Enrollment

  • Available to all employees (starting 1/1/2025)
  • Employees are eligible starting the first of the month following 30 days of employment
  • Employees may enroll or make changes anytime during the year
  • "Catch-up" contributions allowed for employees 50 or older (up to annual IRS limit)
  • Rollover account balances from a former employer's 401(k), 403(b), 457, or other qualified plans into the Retirement Savings Plan at any time

Renown's Investment in Your Future

Employees will receive a dollar-for-dollar match up to their maximum match based on seniority. For example, if you elect 5% of your paycheck to be put in your 401(k) account and you have 4 years of service, you will earn the maximum match of 4%. If you have 6 years of service, you will earn the full 5% match in the same scenario. This does not apply to TriNet employees who are covered by another 401(k) plan. Per diem, employees will not receive an employer match to their contributions. 

Years of Service Match
0 - 4 years Up to 4% of pay
5 - 9 years Up to 5% of pay
10 - 14 years Up to 6% of pay
15 - 19 years Up to 7% of pay
20 - 24 years Up to 8% of pay
25+ years Up to 9% of pay

Your 401(k) match will begin as soon as you are benefit eligible and you enroll in the Plan.  You should always consider contributing enough to get 100% of company matching contributions.

Enroll in the Retirement Savings Plan
Call 800-523-1188 or go online to vanguard.com to enroll. Renown’s plan number is 091539.

  • Enroll and begin contributions
  • Change or stop contributions
  • Change the investment direction of future contributions
  • Transfer money between funds
  • Request loans or hardship withdrawals
  • Designate a beneficiary

Vesting Schedule
Vesting refers to your right of ownership of the money in your account. You are always 100% vested in your own contributions and their earnings. You become vested in Renown Health contributions based on the following schedule:

  • Less than 2 years of employment: 0%
  • 2 years: 25%
  • 3 years: 50%
  • 4 years: 75%
  • 5 years of employment: 100%

Investment Advice
You don’t have to guess which investments are right for you. Renown and Vanguard provide you with investment help, including:

  • Target Date Retirement Funds
  • Vanguard's Managed Account Program
  • Financial Engines
  • Vanguard Financial Planning 55+

Financial Engines and Vanguard Financial Planning 55+ are available at no charge, while Vanguard’s Managed Account Program is offered for a nominal monthly fee. Contact Vanguard at 800-523-1188 for more information on investment advice services.

Four Reasons to Participate

1. You decide how much you can afford to contribute.
2. Reduces your current income taxes.
3. Investment choices that match your retirement goals and risk tolerance.
4. Your contributions and earnings accumulate tax-deferred.
 

And for added peace of mind, there are plan provisions allowing you access to your funds before retirement, should the need arise. 

Roth 401(k) Option

We have a Roth 401(k) option with Vanguard. The Roth 401(k) allows you to contribute after-tax money to your retirement fund. That means you can make tax-free withdrawals of these funds in retirement, potentially saving you on taxes down the road. Trust us, your future, retired self will thank you! Click here to learn more. 

Click here to review the Annual Plan Legal Notice. 

Click here to review Annual Participant Fee Disclosure Notice.

Click here to review Summary Annual Report.

Click here to review the Retirement Savings Plan summary.

Click here to review the Retirement Savings Plan.

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457(b) Deferred Compensation Plan ▼

Saving for retirement takes preparation and planning. Your Renown Health Retirement Savings Plan is the first step in accumulating retirement assets. For you and other highly compensated employees, however, the 401(k) plan may not let you save as much as you'd like. The 457 Deferred Compensation Plan is an additional plan to help you reach your financial goals. It is a supplemental, non-qualified savings and retirement program. The plan allows highly compensated employees to accumulate tax-deferred savings for retirement.

To Enroll in the Deferred Compensation Plan

  • Call Human Resources at 775-982-6477 for an enrollment packet
  • Distribution elections are required at the time of enrollment

Eligibility and Enrollment

  • Full and part-time highly compensated employees (minimum 20 hours a week) working in a not-for-profit entity
  • First of the month following 30 days of employment

Employee Contributions

  • Contribute from 1-75% of pre-tax: up to the IRS maximum
  • No employer match

To request a copy of the plan document, please call 775-982-6477.

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College Savings Plan — 529 ▼

This investment program is designed to help you save for future education expenses at almost any private or public college or accredited higher education institution.

A 529 plan offers significant tax advantages because the money you deposit grows free from federal taxes, so any potential earnings accumulate faster. In addition, you won’t pay federal taxes when you withdraw the money to cover expenses for higher education, such as tuition, books, room and board and school fees.

Fast Facts

  • Waived initial investment $3,000
  • Total contribution limit is $370,000
  • $50/month minimum contribution
  • No enrollment, transfer, or commission fees
  • U-gift offers a convenient way for family and friends to contribute
  • U-promise services can add to your savings

To learn more about the 529 College Savings Plan, go to vanguard.com and log into your account. Once logged in, click on the “Invest Outside Your Plan” link at the top of the page, then the “Save for College” link, or for more information call 866-734-4533. For more information regarding Nevada’s 529 College Savings Program, go to nevadas529.com.

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Universal Life Insurance with Living Benefits ▼

Universal Life Insurance with Living Benefit is a ​​Whole Life insurance policy. This means that it retains its cash value and does not decrease over time. The rates for this policy are also locked in at the time of enrollment.

Universal Life Insurance protects your family members with a death benefit that can be used any way they choose, such as mortgage or rent, education for children, debt, and final expenses. This policy also includes "living benefits" that allow policyholders to accelerate a portion of the life insurance death benefit if diagnosed by a physician as chronically or terminally ill. These extra “living benefits" can be used to help pay expenses from an unexpected medical crisis and help alleviate the worry of future financial problems.

Limited-Time Opportunity!
New hires have the option to enroll without answering any medical questions. Only available during your new employee enrollment period. 

Click here to learn more.

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Short-Term Disability ▼

Group Short Term Disability insurance from
Standard Insurance Company

The Standard is a marketing name for StanCorp Financial Group, Inc. and subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Oregon, in all states except New York. Product features and availability vary by state and are solely the responsibility of Standard Insurance Company.

What It Does

  • Replaces a portion of your pay when you miss work because of a covered disability
  • Pays you directly to help cover costs during recovery, like housing, food and child care
  • Can continue partial benefit payments after you return to work
  • Can resume paying benefits with no waiting period, if your disability returns within a specified amount of time
  • Benefit period — 90 days
  • If you become disabled, this is the maximum amount of time you can receive benefits for a covered disability. 
    Elimination period — 14 days 

This is the number of days that must pass between your first date of a covered disability and the day you can begin to accrue your disability benefits.

Benefit Amount 
Choose a monthly benefit between 40%, 50% or 60% of your base salary, up to $1,500 per week.

Limited-Time Opportunity!
New hires have the option to enroll without answering any medical questions. Only available during your new employee enrollment period. 

Providers

If you are a Provider please visit here for your Short-Term Disability benefit information. 

Download Summary Flyer

STD Maternity Guidelines

 

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Long-Term Disability ▼

If you become injured and are unable to work, the loss of your income could significantly affect your lifestyle. That’s why long-term disability (LTD) covers working people of all ages both on and off the job.

LTD Benefit Highlights:

  • 60% of covered monthly earnings to a maximum of $10,000; maximum of $15,000 for providers
  • 90-day waiting period
  • Benefit duration payable until age 65 if the disability occurs before the age of 60

Click here to review the plan highlights. 

When and How Do I Enroll?
Employees can enroll in LTD as a New Hire or during Open Enrollment with medical underwriting and approval. New Employees in their original enrollment period are guaranteed coverage.

Return-to-Work Support
LTD features programs for rehabilitation, worksite modifications, part-time return-to-work strategies and a number of resources to help employees maximize their abilities after experiencing a disability.

Limited-Time Opportunity!
New hires have the option to enroll without answering any medical questions. Only available during your new employee enrollment period. 

Download Summary Flyer

Claims Frequently Asked Questions

The Standard Decision Support Tool

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Supplemental Life Insurance ▼

Active full- and part-time employees and their eligible family members can participate in supplemental life insurance.

  • In order to purchase life insurance coverage for dependents, you must also purchase coverage for yourself.
  • Evidence of insurability is required for amounts above the guarantee issue amount and outside of your original enrollment period or if you were previously declined.
  • Life insurance may include an accelerated benefit in the event of terminal illness.

Click here for plan highlights. 

Employee
Increments of $10,000; maximum is the lesser of 5 times your annual earnings or $500,000. Employee guarantee issue amount is $350,000 and the maximum increased to $1Million (not to exceed 5 times base pay).

Rates
Rates are based on age and coverage amount selected. Estimate Life Insurance needs here

Spouse
Increments of $5,000; maximum is the lesser of 100% of the employee’s life insurance amount or $250,000. Spouse guarantee issue amount is $25,000.

Child
From live birth to age 26: increments of $2,500; maximum is the lesser of 100% of the employee’s life insurance amount or $20,000.

Dependent Life
$2,000 coverage for each covered family member. Premiums are $0.11 semi-monthly.

When Can I Enroll?
Eligible employees can enroll in Supplemental Life Insurance during open enrollment or with a qualifying life event.

Limited-Time Opportunity!
New hires have the option to enroll without answering any medical questions. Only available during your new employee enrollment period. 

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Supplemental AD&D Insurance ▼

In the event of an accident, supplemental accidental death and dismemberment (AD&D) insurance can help protect against financial hardships as well as help during a recovery period.

Employee
Increments of $10,000; maximum is the lesser of 10 times your annual earnings or $500,000. Coverage amounts for participants age 65 and older will be reduced on a pro-rata basis.

Spouse
Increments of $10,000; maximum is the lesser of 100% of employee’s AD&D insurance or $250,000.

Children
Increments of $2,500; maximum is the lesser of 100% of employee’s AD&D insurance or $25,000.

Click here for plan highlights. 

Download Summary Flyer

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Accident Insurance ▼

Accident insurance pays a lump-sum benefit based on the type of injury (or covered incident) you sustain or the type of treatment you need. You choose the coverage that’s right for you. Accident insurance is offered to all eligible employees age 17 to 80 who are actively at work.

Limited-Time Opportunity!
New hires have the option to enroll without answering any medical questions. Only available during your new employee enrollment period. 

Click here to learn more about accident insurance.

Download Summary Flyer

Claims Frequently Asked Questions

The Standard Decision Support Tool

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Critical Illness Insurance ▼

Critical illness insurance can pay a lump-sum benefit at the diagnosis of a covered illness. You choose the level of coverage — from $5,000 to $50,000 — and use the money any way you see fit. You may take the coverage with you if you leave the company or retire without having to answer new health questions.

Click here to learn more about critical illness insurance. Click here to view the list of approved health screening tests you can receive payment for once a year when you or a covered dependent visit the doctor for one of these covered wellness exams. 

Download Summary Flyer

Claims Frequently Asked Questions

The Standard Decision Support Tool

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Hospital Indemnity Insurance ▼

Even with health insurance, a stay in the hospital can quickly become costly as out-of-pocket charges begin to add up. Hospital indemnity insurance can reduce the financial and emotional stress of a hospital stay by providing a lump-sum cash benefit directly to you that can be used however you need. 

Click here to learn more about hospital indemnity insurance. Click here to view the list of approved health screening tests you can receive payment for once a year when you or a covered dependent visit the doctor for one of these covered wellness exams.

Download Summary Flyer

Claims Frequently Asked Questions

The Standard Decision Support Tool

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Legal Plan ▼

The Legal Plan provides easy, direct access to a national network of attorneys who provide telephone advice and office consultations on personal legal matters. Examples of covered legal services include: preparation of wills and trusts, real estate matters, debt matters, consumer protection, document preparation and review, traffic and juvenile matters, and family law. NEW! This year we are happy to announce that our plan will include assistance with Reproductive assistance for up to 20 hrs, Adoption, and Caregiving legal assistance. You can learn more below.

Legal Plan Overview

Legal Plan FAQs

How to Use Plan

How to Reach an Attorney

Legal Facts and Stats

Legal Plan Portablitity

Legal Estate Planning

Legal Assistance for Adoption 

Legal for Surrogacy and Reproductive Assistance 

 

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Identity Theft Protection ▼

Identity theft protection services help assess your risk, deter theft attempts, detect fraud and manage the restoration process in the event of identity theft. Your identity will be monitored to uncover fraud at its inception. You’ll be offered an annual credit report, monthly credit scores and monitoring of your credit file. If suspicious activity is detected, a certified privacy advocate can act as a dedicated case manager on your behalf and resolve the issue.

Click here to learn more. 

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Credit Union ▼

Greater Nevada Credit Union (GNCU) has partnered with Renown to help employees achieve financial wellness and Greater opportunities with access to tailored benefits.

Renown Health Greater Perks 
Through financial wellness, Greater Nevada Credit Union is equipping Renown Health employees with a wide array of educational tools, beneficial events and seminars, and exclusive special offers to be better prepared for life's ever-changing challenges and opportunities.

Learn More

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Employee Loan Program ▼

A smart way to borrow. An easy way to save. The FinFit Employee Loan program can help you manage financial emergencies or consolidate and pay down high-cost debt. It offers employee loans that are often lower-cost alternatives than payday loans or high-interest credit cards.

With Salary Finance, you can:

  • Apply for low-interest loans quickly and confidentially, with repayments collected through payroll deduction
  • Borrow up to 20% of your salary at affordable rates, with a cap of $35,000
  • Terms of 12 to 36 months
  • Access budgeting tools and financial education resources

To be eligible to apply for a loan you must:

  • Be a full- or part-time employee
  • Be at least 18 years old
  • Have at least $10,000 annual salary before tax
  • Have worked at Renown for at least 12 months

Salary Finance is confidential and takes just minutes to apply from your computer or mobile device. Log on to https://www.finfit.com/Renown/.

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Employee Discounts ▼

All employees receive a discount in The Shops at Renown and the cafeterias. For details on discounts available to you, visit the Benefits page on Inside Renown. Additionally, through our partners, you can access discounts for: 

  • Car services
  • Financial and real estate
  • Health clubs and gyms
  • Hearing aids
  • Pet insurance
  • Phone service providers
  • Public transportation
  • Recreational activities
  • Residential services
Working Advantage: New National Discount Vendor

Your work-life balance and general well-being are as important to us as the work you contribute. That's why we’re excited to offer your savings marketplace! Your one-stop shop for exclusive and convenient savings on the products, services, and experiences you know and love.  
 
Visit renown.savings.workingadvantage.com to see these deals or visit the link on your Renown Life app under Financial Well-Being>Working Advantage.

To Sign Up
  • Enter your email address (work or personal, you choose!)
  • ​Enter your First and Last Name
  • ​​​​​Then enter the password you'd like to use
  • Click Confirm and you're done!
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Sign up to receive guidance from a professional benefits counselor

Enroll with the guidance of a professional benefits counselor. During your one-on-one appointment, you will have the opportunity to ask questions, design a benefit package that best supports your personal needs, and enroll yourself and your dependent(s) in coverage.

Scheduling an appointment is easy:

1. Select your language preference from the drop-down menu.
2. Select the date and time you wish to speak with a benefits counselor.
3. Provide your phone number and email address while scheduling your appointment. You will receive an appointment confirmation via email.
 

To schedule your confidential appointment, call 833-837-7693 or click the button below.  

Schedule a Benefits Appointment

You may also enroll in your benefits without the professional support of a benefits counselor. To do so, please visit the below websites to enroll.

Benefits:
  • Health
  • Dental
  • Vision
  • Pharmacy
  • Flexible Spending Accounts (FSA)
  • Short-Term Disability
  • Long-Term Disability

 


  • Accident
  • Critical Illness
  • Universal Life Insurance with Living Benefits
  • Hospital Indemnity
  • Legal Plan
  • Identity Theft Protection

Benefits