Page 3 - 2022 Oerlikon Benefits Guide
P. 3
Benefit Basics Benefit Tax Treatment Who Pays
Medical and Pharmacy Pretax Company & You
Oerlikon pays for some of your
benefits and you share the cost for Well-being NA Company
others, as shown here.
Dental Pretax Company & You
Vision Pretax Company & You
Company & You
If enrolled in the HSA / HDHP
Health Savings Account (HSA) Pretax plan, Oerlikon contributes
funds in each employee’s HSA.
Flexible Spending Accounts Pretax You
Basic Life and Accidental
Death & Dismemberment After-tax Company
(AD&D) Insurance
Voluntary Life and AD&D
Insurance After-tax You
Short-Term Disability After-tax Company
Long-Term Disability After-tax Company
Accident Insurance After-tax You
Critical Illness Insurance After-tax Company & You
Oerlikon provides each
employee with $5,000 of
coverage.
Hospital Indemnity Insurance After-tax You
Employee Assistance Program After-tax Company
401(k) Retirement Savings Plan Pretax Company & You
Financial Wellness NA Company
Pet Insurance After-tax You
2
