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Benefits ​

Only for full-time employees

Lyquix-Sponsored Benefits ​

Health Insurance ​

Employees have the option to sign up for any of the group health insurance plans available. Coverage can be selected for the employee only or extended to include their spouse and children.

Lyquix subsidizes a significant portion of the health insurance premium, covering up to 76% of the cost. The exact subsidized amount varies depending on the selected plan but remains consistent regardless of whether the employee opts for individual coverage or includes dependents. However, the Lyquix subsidy for spousal coverage is available only if the spouse does not have access to health insurance through their own employer.

For more information, please refer to the documents below:

Dental Insurance ​

Employees may sign up for dental insurance from the group plans available. Lyquix provides a flat subsidy of $240 per year, which applies regardless of the selected plan or coverage level.

For detailed plan information, refer to the documents below:

Long-Term Disability ​

Employees may sign up for the long-term disability benefit, which provides financial support in the event of a qualifying disability.

  • The benefit covers 60% of pre-disability earnings, up to $1,000 per week (whichever is lesser).
  • The benefit amount is reduced by any other income received during the period of disability.
  • Lyquix fully covers the cost of this benefit.

Life Insurance ​

Employees may sign up for the life insurance benefit. Lyquix fully covers the cost for a benefit of up to $50,000.

Commuter Benefits ​

Employees can set aside pre-tax dollars to pay for eligible commuting costs, including transit passes and parking expenses. This benefit helps reduce the overall cost of commuting. Lyquix covers up to $30 per month.

For more details, refer to the documents below:

Additional Available Benefits ​

Vision Insurance ​

Employees may sign up for vision insurance from the group plans available. Vision coverage helps offset the cost of routine eye care, including exams, glasses, and contact lenses.

For detailed plan information, refer to the documents below:

Flexible Spending Account (FSA) ​

The FSA program allows employees to set aside pre-tax dollars to cover eligible medical, dental, and dependent care expenses. This can help reduce overall tax liability while covering essential expenses.

For more details, refer to the documents below:

Employees can enroll in the legal assistance plan to access affordable legal services for personal matters such as estate planning, family law, and other common legal needs.

Accident Insurance ​

This benefit provides financial support in the event of accidental injuries. Employees can use the payout to cover medical expenses or other costs related to the accident.

Critical Illness Insurance ​

Critical illness insurance offers a lump-sum payment upon diagnosis of covered conditions such as heart attack, stroke, or cancer. Employees can use the benefit to manage medical costs or other financial needs.

Short-Term Disability ​

Short-term disability insurance provides partial income replacement for employees unable to work due to temporary medical conditions or injuries. This benefit helps bridge the gap until employees return to work or qualify for long-term disability coverage.

Veterinary Discount and Pet Prescription Discount Plan ​

Perks & Discounts ​

Perks & Discounts Brochure

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