All the free snacks, cryogenic treatments and in-office ping pong tables in the world won’t be able to distract the average American job seeker from what they really want — a company with good health insurance benefits.
In fact, nearly one in five workers would accept a lower wage in exchange for more comprehensive healthcare in their benefits package, according to the Employee Benefits Research Institute.
As mental health services and a better work-life balance becomes a top priority for prospective talent, companies are juggling candidate demands with rising healthcare costs and government regulations in order to stay relevant in a competitive job market.
Companies With the Best Health Insurance Benefits
- Boston Consulting Group
- Capital One
- Activision Blizzard
- NuStar Energy
These 14 companies show how it’s done, offering employees full coverage, no-cost premiums across the board.
Companies With the Best Health Insurance Benefits
The medical device company, specializing in orthopedic care, covers 100 percent of its employees’ — and 50 percent of enrolled dependents — healthcare premiums, including vision, dental and mental healthcare as well as prescription drug costs. Benefits are applicable for regular, part-time and full-time employees who work at least 29 hours a week. Being a surgical center, Arthrex offers free on-site care for employees at its Southwest Florida location.
The charitable organization offers a comprehensive benefits package, extending its 100 percent healthcare premium coverage to employees, spouses, domestic partners and dependents. This includes the usual — medical, vision, dental — as well as infertility treatments and corrective eye surgery. Additionally, an onsite medical clinic is readily available to its Seattle-based employees and their primary care needs.
Capital One provides comprehensive health benefits for its employees and eligible dependents. Multiple medical plan options — along with dental insurance, vision insurance, on-site health centers plus fully-covered preventive care — are available for full-time and part-time employees upon their date of hire. Capital One also offers on-site nutrition and fitness resources, as well as family benefits like paid parental leave, fertility coverage and adoption or surrogacy reimbursement.
The financial data and software company’s “no contribution plan” covers 100 percent of its healthcare premiums for its employees after deductibles are met. Benefits are available to part-timers working at least 30 hours per week. FactSet’s benefits package honors domestic unions, extending its full coverage policy — including dental, vision, mental health and prescription drug costs — to legal partners, spouses and dependents of its employees.
The world’s largest domain registrar, hosting 15.6 percent of all websites, activates its 100-percent healthcare premium coverage policy on the first day of employment. Dependents and spouses are afforded 50 percent coverage, including the works like dental, vision and disability.
The tech conglomerate lists the details of its comprehensive care on its website. Upon hire, employees that work at least 20 hours per week are eligible for several different health insurance plans, all of which include 100-percent coverage of preventive and urgent care. Dental, vision and disability are included in its coverage. Payroll contributions, deductibles, copay or coinsurance may apply at the point of service, but there is a capped, out-of-pocket maximum, limiting that amount per year. Medical second opinions and care related to autism, cancer, fertility, maternity and transgender services distinguish Meta’s health insurance benefits from the crowd.
The video game developer offers a range of medical plans, all of which fully cover its employees and their dependents with no-cost healthcare premiums. Activision Blizzard’s benefits package includes dental, vision, mental health and well-being coverage. Employees also have access to programs at low to no cost for on-demand, telehealth services, parenting support, addiction counseling as well as fertility, adoption and surrogacy benefits.
The management consulting firm provides full healthcare premium coverage for all eligible employees — those who work more than 20 hours per week — and any family members enrolled in its insurance plan. Employees have access to medical second opinions, disability insurance and life insurance in addition to medical, dental and vision insurance.
The planning and design consulting firm pays its employees healthcare coverage in full and that of their partners and dependents at a reduced, 90-percent rate. Its comprehensive package includes prescription, vision, dental coverage, life insurance, short and long-term disability and backup childcare. Part-time employees become eligible for healthcare premium coverage at 30 hours per week.
The family-owned supermarket chain offers full coverage — a no premium PPO medical plan with dental and vision coverage — for full-time and part-time employees working at least 22 weekly hours. According to its website, employees can set up flexible spending accounts in order to be reimbursed for eligible expenses with pre-tax dollars, such as subsidies for spousal or dependent care.
The pipeline and terminal operator covers 100 percent of its employees healthcare premiums, valued at 37 percent of an employee’s salary. Its menu of benefits includes dental and vision coverage, as well as life insurance, long-term care and survivor income. Spouses, dependents and part-timers working at least 30 hours a week are eligible for coverage. NuStar Energy also has an on-site medical clinic for free checkups and wellness assessments.
The international law firm pays in full for healthcare premiums, covering domestic partners on an after-tax basis. Plans include dental, vision and long-term disability as well as both personal and on-the-job accident insurance. Reimbursement accounts can be set up to cover any enrolled dependents. Other perks in its benefits package include up to 12 free mental health sessions and $40,000 in fertility services per year.
The people-management software developer offers a full benefits package with no-cost healthcare premiums for its employees and their spouses, domestic partners and eligible dependents. In addition to dental and vision coverage, employees have access to unlimited paid time off, fertility treatments, gender reassignment surgery and up to 10 weeks paid leave for new mothers and four weeks for fathers. Ultimate Software also provides $10,000 in financial assistance per child and up to 10 weeks paid leave for parents looking to adopt.
The online shoe and clothing retailer pays 100 percent of its employees’ healthcare premiums and 71 percent of their spouses, domestic partners and dependents. Coverage includes dental, vision, mental health services and prescription drug subsidies. This package also features telehealth services, granting Zappos employees 24/7 access to a healthcare provider.
Frequently Asked Questions
What are the top employee benefits?
Some of the top employee benefits preferred by job seekers and workers include:
- Employer-sponsored health insurance
- Life insurance
- Pension and retirement plans
- Mandatory paid time off
- Mental health assistance
What industries have the best benefits?
Employee benefits offered will vary depending on the company and available resources.
However, industries such as the following can offer comprehensive employee benefits for physical, mental and financial well-being:
- Finance and insurance
- Professional, scientific and technical services