In order to utilize the Alternative Stipend, you must have denied insurance coverage with Larch's group Medical Insurance
Stipend Funds can only be updated during our open Larch's open enrollment (Currently December)
1) Child Care Costs
The child card stipend is designed to help support you in any child care cost that are accumulated over the year. Because child care needs can fluctuate, if you apply for this stipend, you will receive the full amount each month, split across paychecks
2) CEU Fund Expansion
The full amount will be applied towards your CEU Fund account each month, and follow the same process outlined for the standard CEU Stipend
3) Health/Self-Care Stipend
This stipend is designed to allow clinicians to benefit from the funds if they cannot utilize one of the first two possibly tax-exempt Stipends. Depending on how the funds are used for the Health/Self-Care Stipend, it may be considered taxable income and you may have a tax responsibility for the funds at tax filing. This stipend will be deposited into your bank account each pay cycle, and can be used for anything a Employee deems a Health or Self-Care cost, including, but not limited to Therapy Cost, Ski-Passes, Spa Days, Fancy Dinner, Traveling, or a Paddle Board.