Medical & Dental Insurance
Medical Insurance
Laitram provides comprehensive medical and dental coverage for eligible employees and family members. Coverage, if elected, is effective on the employee's 61st day of employment. Laitram pays a significant portion of the premium for this coverage, with the employee sharing in the cost. Basic and Enhanced options are available for the employee medical plan.
Dental Insurance
The Laitram Dental Plan pays 100% of the reasonable and customary cost of preventative maintenance and partial payment for restorative services.
Prescription Benefits
Effective January 1, 2020, Laitram's pharmacy benefit services are provided by Express Scripts, a network made up of more than 60,000 pharmacies.
Sign-up for the Express Scripts app on January 1 and get your virtual card plus other great features: One touch refills, check order status, price a medication, find a pharmacy and more!
Flexible Spending Account (FSA)
A Flexible Spending Account (FSA) is a tax benefit that allows you to set aside part of your pay before taxes. The money you set aside can be used for eligible medical or dependent care expenses. Find out more about your FSA options by clicking below.
Life Insurance
Eligible employees on their 61st day of employment are automatically covered by a Life/Accidental Death and Dismemberment Policy of term life insurance of two times your annual base salary, with a minimum benefit of $50,000 and a maximum benefit of $300,000. The policy amount is doubled in the event of an accidental death. Laitram pays the entire cost of this benefit.
GeoBlue Medical Benefits Abroad
Laitram has teamed up with GeoBlue to provide Laitram employees with Medical Benefits Abroad coverage. The GeoBlue Program is designed to cover Laitram employees, other than Intralox European employees*, who travel on business outside their country of residence or permanent assignment. This includes coverage for foreign Laitram employees, other than Intralox European employees, who travel to the United States.
Please register for the GeoBlue plan on the website www.geo-blue.com as well as the mobile app with Group Access Code QHG9999LTRAM. Click below to access program materials and other Global Health & Safety tools.