Home
Consolidated Electrical Distributors (CED) offers health insurance plans through multiple providers, which can vary based on the location of the branch, as CED operates a decentralized model. However, most CED employees report receiving health insurance coverage through Blue Cross Blue Shield, UnitedHealthcare, or Aetna.
Consolidated Electrical Distributors (CED) is one of the largest electrical supply distribution companies in the United States, with over 700 locations nationwide. CED’s decentralized business model means that individual branches have some autonomy in selecting benefits, including health insurance options for their employees. This variation can lead to differences in health coverage from one location to another.
Table of Contents
What Health Insurance Does CED Provide?
While Blue Cross Blue Shield, UnitedHealthcare, and Aetna are commonly reported as the primary health insurance providers, employees’ health insurance plans can differ based on the specific branch, the state where the branch operates, and the insurance contracts available in that region.
Here’s a breakdown of typical benefits found in CED’s health insurance packages:
1. Comprehensive Health Coverage
Most CED employees are offered PPO (Preferred Provider Organization) or HMO (Health Maintenance Organization) plans. These plans usually cover:
- Hospitalization
- Emergency services
- Preventive care
- Specialist visits
- Prescription drugs
2. Dental and Vision Insurance
In addition to health coverage, many CED branches offer dental and vision insurance as part of their employee benefits. This could be bundled with the primary health plan or offered as a separate add-on.
3. Health Savings Accounts (HSA)
Many employees at CED have the option of using Health Savings Accounts (HSAs), which are designed for use with high-deductible health plans (HDHPs). HSAs allow employees to set aside pre-tax income to cover eligible healthcare expenses.
4. Flexible Spending Accounts (FSA)
Some locations also provide access to Flexible Spending Accounts (FSAs), which help employees manage out-of-pocket medical expenses. This option can be particularly useful for covering deductibles and co-pays.
How Does CED’s Health Insurance Compare to Industry Standards?
The health insurance plans offered by CED generally align with industry standards in terms of coverage and cost-sharing. Most CED employees report paying competitive premiums for their health benefits, and the coverage is known for being robust, offering a wide network of healthcare providers.
CED offers group health insurance, which means premiums are usually lower than individual plans. The health insurance benefits are often subsidized by CED, making it affordable for most employees. The decentralization of CED, however, can lead to some branches having more generous benefits packages than others.
Additional Benefits: Wellness Programs & Employee Assistance
Beyond health insurance, some CED branches provide wellness programs and Employee Assistance Programs (EAP). These initiatives often include:
- Mental health services
- Work-life balance counseling
- Stress management resources
- Gym memberships or discounts
How to Confirm Your Specific Health Insurance Provider at CED
Because of the decentralized nature of CED, the best way to find out the specific health insurance provider at your location is to contact your branch’s HR department. HR can give you detailed information about the current health insurance offerings, including:
- The exact provider (e.g., Blue Cross Blue Shield, UnitedHealthcare, Aetna)
- Specific plan details (e.g., deductible amounts, co-pays, coverage options)
- Premium costs
- How to enroll or make changes to your plan during open enrollment.
Summary
In conclusion, Consolidated Electrical Distributors (CED) generally offer health insurance through major providers such as Blue Cross Blue Shield, UnitedHealthcare, or Aetna . However, due to the company’s decentralized nature, the specific provider and plan details can vary from branch to branch. If you are a current or prospective CED employee, it’s crucial to contact your local HR department for the most accurate information.
By ensuring access to reliable and well-rounded health insurance plans, CED maintains its commitment to supporting its workforce’s well-being. Keep in mind, that each branch’s offerings may differ slightly, but the overall health benefits package remains competitive within the industry.
Frequently Asked Questions (FAQ)
- Does CED provide health insurance nationwide? Yes, but the provider and plan options may vary by branch location.
- Can I choose my health insurance provider at CED? Typically, no. CED offers group plans that are negotiated for employees. However, in some cases, there might be multiple plan options.
- What other benefits come with CED’s health insurance? CED employees often have access to dental, vision, HSA, FSA, and wellness programs, but again, these benefits can vary by location.
