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VII. Pastoral and Staff Compensation and Benefits

A. Pastoral Compensation Report and Annual Update | B. Covenant Pension Program | C. Bethany Benefits | D. Pastoral Letter of Call

INDEX
 

C. BETHANY BENEFITS SERVICE

INTRODUCTION
Bethany Benefits Service is a Covenant wide program that bills ministers and church workers for insurance premiums and then remits those premiums to the insurance carriers. Health insurance coverage is provided through CoreSource Company and PCS for prescriptions. Group Life Insurance is provided by AIG and long-term disability coverage is provided by U.N.U.M. The need for Bethany Benefits arose because most insurance carriers were not able or willing to write an insurance contract for a group that required almost 700 individual bills to all of the Covenant churches. Bethany did its first billing in July of 1993. The existence of Bethany gives the Covenant a valuable tool when it comes to negotiating insurance rates from existing insurance carriers or when needed. Look for new carriers to provide new or more competitive insurance benefits.

ENROLLMENT PROCEDURES
  • Single enrollment is submitted through a Conference office to be processed through Bethany.
  • Bethany handles enrollment in all three insurance programs.
  • Quarterly bills are rendered at the beginning of each calendar quarter.
IMPORTANT ISSUES
  • Insurance benefits are the most important fringe benefit any employee can receive.
  • Bethany provides a vehicle for a pastor to be assured of insurance benefits as long as service is with a church using Bethany Benefit Services.
  • Coverage is also available to other full-time church staff.
SERVICES PROVIDED BY BETHANY
  • Assistance with enrollments; routine and evidence of insurability enrollments are both available.
  • Assistance with claims problems that cannot be resolved directly with CoreSource.


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