Baker Hughes offers three Medical plans in 2019:
We also offer Virtual Visits for employees to consult with a doctor by phone or video chat. And employees can elect supplemental medical insurance, including Critical Illness and Accident coverage.
All medical plans cover the same services and procedures; however, your deductible, coinsurance, and premium rates will vary for each plan option.
These are the deductibles and out-of-pocket maximums.
Yes, if you enroll in the Premium HSA or Basic HSA you have the option of enrolling in a Health Savings Account. In addition, if you enroll in the Premium HSA, Baker Hughes makes a contribution:
If you are hired after January 1, the company contribution amount will be prorated based on your date of hire. However, if you are hired on or after November 1, there will not be any company contribution amount.
If you enroll in the Basic HSA, you will not receive a company contribution.
Yes. Baker Hughes offers both a Health Care FSA and a Dependent Care FSA. Baker Hughes does not contribute to either.
Each Medical plan option has Prescription Drug coverage. If you enroll in the Standard Plan, you pay a copay for generic medications. For preferred brand, non-preferred brand and specialty drugs, you pay a percentage of the cost that has a minimum and maximum amounts.
If you enroll in the Premium HSA or Basic HSA, you pay a copay for generic medications. For preferred brand, non-preferred brand and specialty drugs, you pay a percentage of the cost.