Benefits

Health
Insurance

Employees may choose to enroll in whichever of our BlueCross BlueShield insurance options best fit their needs. On our most popular plan, Terakeet fully pays the premium. Coverage becomes effective the first of the month following their start date.

Dental
Insurance

An employee becomes eligible to enroll in one of Guardian’s dental insurance plans on the first of the month following their start date. Terakeet covers half the cost of the premium for dental insurance. Additional family plans are available as well.

Life
Insurance

One month following their start date, each full-time employee is automatically enrolled in a life insurance plan with $50,000 of coverage. Certain reductions and terms for individuals 65 years of age or over will be applied. Terakeet pays the premiums in full.

Flexible Spending Account (FSA)

Terakeet offers flexible spending accounts (FSAs) for both healthcare expenses and dependent care reimbursement. This benefit allows you to set aside money, tax-free, to cover out-of-pocket healthcare and/or childcare expenses.

Supplemental
Insurance
Options

Employees who wish to expand their insurance coverage can choose to enroll in one of Aflac’s supplement insurance plans for additional peace of mind and protection.

Vision
Insurance

An employee becomes eligible to enroll in a vision insurance plan through Guardian (provider: Davis Vision) on the first of the month following their start date. Terakeet covers half the premium for vision insurance.

Health Savings Account (HSA)

A health savings account (HSA) is available through Lively to any employee enrolled in our high deductible health plan (HDHP). We follow yearly IRS contribution guidelines so employees can set aside money, tax-free, to cover out-of-pocket healthcare expenses.

Disability
Insurance

One month after their start date, each full-time employee is automatically enrolled in a long-term disability insurance plan. Terakeet pays the premiums in full. After a six-month waiting period, long-term disability pays up to 60% of your monthly income (up to $5,000) if you become disabled while working for Terakeet.

Employee Assistance Program (EAP)

An employee assistance program (EAP) is an employer-paid intervention program designed to provide confidential support to employees with issues that may be adversely affecting their well-being (e.g. financial, legal, childcare, or mental health issues). Terakeet offers Guardian’s EAP to all employees and their household families at no cost.