Terumo Cardiovascular Group

Why Terumo


Terumo is committed to providing competitive and comprehensive benefits that help protect associates' health, wealth, and well being. It is one way we can demonstrate commitment to our current and future associates and the families of those associates.

A summary of our benefits include:



Terumo offers two medical plans that provide different levels of coverage and a broad range of medical services. Associates may also waive medical coverage with proof of coverage elsewhere.

Our Preferred Provider Organization (PPO) is a group of health care providers that includes doctors, hospitals, and ancillary providers. The PPO option includes preventative care services and a prescription drug card. PPO coverage also allows you to use PPO health care providers and non-PPO providers at different coverage levels.

We also offer Catastrophic Major Medical coverage which provides access to full-scale medical services.


Our dental coverage is available at variable levels for preventative and diagnostic procedures, basic dental services, and major restorative services.


Vision Care

Our vision care coverage is provided for examinations and lenses every 12 months, and frames or contact lenses every 24 months.

Short-Term Disability

Short-term disability coverage replaces a part of your weekly earnings if you become totally disabled for a short period of time due to an injury or sickness for up to 26 weeks. The level of coverage is a percentage of your weekly earnings.

Long-Term Disability

Long-term disability coverage helps replace a portion of your income if you become totally disabled due to an illness or injury for a period greater than 180 days. The level of coverage is a percent of your earnings. Associates also have the option to purchase increased coverage.

Long-Term Care

Terumo provides company-paid long-term care benefits for all associates. Long-term care services include, but are not limited to, help with daily activities at home, respite care, home health care, adult day care, and care in a nursing home. Associates have the option to increase their benefit amount. Associates are also eligible to apply for benefits coverage for their spouse, parents, and grandparents (to age 79).


Adoption Assistance

Terumo supports associates who are in the process of adopting one or more children by providing a stipend upon completion of the adoption procedure.

Back-Up Child ⁄ Elder Care

Terumo offers an employer-subsidized service that assists associates in finding temporary care for loved ones when their regular care has broken down. This service helps associates find temporary care when normal arrangements fall through so that the associate can get to work. This comprehensive program is:

  • Available 24 ⁄ 7
  • Nationwide
  • Infants through elders
  • Healthy or mildly ill
  • Center-based care or home care

Other Benefits

In addition to the excellent benefits listed above, Terumo also offers a variety of work schedules and competitive compensation. All regular active associates are also provided with paid vacation, holiday, and sick/personal days.

Savings & Investment Plan/401(k)

Associates who have completed 3 months of service are eligible to participate in the Terumo Savings & Investment Plan. Associates can save up to 60% of their pay up to the maximum allowed by federal legislation. All contributions and earnings are Federal Income tax-free, as long as the money remains in the plan. Terumo matches dollar for dollar up to 6% of pay that an Associate contributes.  Also, Associates are immediately vested in Terumo’s contributions.


Flexible Spending Accounts

Terumo offers a Health Care Reimbursement Account and a Dependent Day Care Reimbursement Account. The Health Care Reimbursement Account allows you to use pre-tax dollars to pay for medical, dental and vision expenses that are not covered by your insurance policies. The Dependent Day Care Reimbursement Account allows you to use pre-tax dollars to pay for a dependent’s day care, provided the day care is with a licensed day care provider.

Employee Assistance Program

Terumo has partnered with a professional and confidential counseling and referral service to assist associates and their families in dealing with life’s challenges. The program provides face-to-face evaluations, easily accessible services, and crisis counseling 24 hours-a-day, 7 days-a-week.

Life Insurance and Accidental Death & Dismemberment Insurance

Terumo associates are covered by life insurance and accidental death and dismemberment (AD&D) insurance at no cost, in the amount of 2 times their basic annual earnings. Associates also have the option to purchase supplemental life insurance in the Group Universal Life Insurance Program, which includes a term life insurance feature and a cash value buildup feature. Associates may also purchase supplemental AD&D insurance.

Tuition Reimbursement

All full-time associates are eligible for full or partial reimbursement for approved educational courses after 3 months of service.

Scholarship Program

Terumo offers a scholarship program to the children and grandchildren of Terumo CV Group associates to encourage the pursuit of higher education and to assist in the funding of this education. The program is managed by an independent scholarship management service. To qualify, candidates must be entering or currently enrolled in a 2- or 4-year degree program.

Provides legal representation for a wide range of personal legal matters for you, your spouse and dependents.

Health Advocate Program

Designed to help handle healthcare and insurance related issues, Health Advocate can be used as a resource in understanding healthcare bills and claims, finding a specialist or critical illness provider, assistance with eldercare issues, and many other issues.