Eastern Maine Medical Center 403b

An exhausted medical staff worker slumping in a hallway

Why Eastern Maine Medical Center and Northern Light Healthcare's 403(b) Vesting Schedule Could be Used to Support Its Talent Strategy—and What Administrators Can Do About It

Today, Eastern Maine Medical Center, part of Northern Light Health, requires employees to wait a full year before they can receive employer contributions in its 403(b), and then another two years before they become vested in the employer match. On paper, this may appear fiscally responsible. In practice, it may be a missed opportunity—and one that sends the wrong message to the provider workforce, especially in a place where there is a chronic shortage of providers.

Daniel Harris

A Physician and a nurse looking out for a patient in the recovery room

From Pensions to Portfolios: 5 questions and answers About Eastern Maine Medical Center's 403(b) and Northern Light's Evolving Retirement Plans

This article is a quick set of answers to 5 of the most common questions physicians have about the Eastern Maine Medical Center 403b

Daniel Harris