Applied Materials offers employees various health and family care benefits. In most locations, employees may choose among:
Health Insurance
Applied Materials offers employees and their eligible dependents health insurance designed to meet individual health care needs and preferences. Each medical plan option provides robust preventative care benefits as well as coverage for major medical expenses. Employees who enroll in a medical plan automatically receive comprehensive vision coverage. Medical plan choices include:
Two choices of dental plans are offered: a Dental Preferred Provider Organization (Dental PPO) and a Dental Maintenance Organization (DMO). Both products cover preventative, basic, restorative and orthodontia care.
Applied Materials extends these benefits to employees and their spouse or domestic partner, as well as unmarried, dependent children, step-children and domestic partner's children.
Income Protection and Survivor Benefits
If employees become ill or injured and are unable to work, the Applied Materials benefits plan can help protect them financially through the following programs:
Spending Accounts
Employees who pay for day care or have out-of-pocket health care expenses can save money by using Spending Accounts. Using either or both of the Spending Accounts can lower taxes (thus increasing "spendable" income) by allowing employees to reimburse themselves with tax-free money for eligible expenses.
Time Off
Applied Materials understands the importance of taking time off to attend to personal needs—whether employees are ill, want some time from work to purse personal interests, or need to care for an ill family member. The Company offers the following:
Additional Benefits
Applied Materials sponsors several other benefits designed to help our employees live healthy, creative and productive lives: