Employee Benefits-Wellness Guide 2023-24
Employee Benefits-Wellness Guide 2023-24
Employee Benefits-Wellness Guide 2023-24
WHO IS ELIGIBLE?
Eligible employees are those who work 30 or more hours per week. In addition, the following family members
are eligible for medical, dental and vision coverage:
• Your legally married spouse, as defined under the law.
• Your civil union partner.
• Your domestic partner*.
• Your dependent children, until the limiting age of 26.
Taiho pays 100%
(please see singular exception below to this age limit)
of all premiums for
*You will be required to complete an affidavit and tax declaration (if
applicable).
employer-sponsored
lines of coverage!
YOUR DEPENDENT CHILDREN ARE:
• Your natural children.
• Stepchildren.
• Legally adopted children.
• Children who are placed in your home for adoption.
• Children for whom you are appointed as legal guardian and who are chiefly dependent on you for
support & maintenance.
• Children for whom the plan is required to provide coverage under a Qualified Medical Child Support Order
(QMCSO).
• Your mentally or physically disabled adult children who live with you & who are primarily dependent
on you for support (you must provide appropriate documentation) provided the child was disabled prior to age 26.
• Any children of your Domestic Partner who satisfy at least one of these previously mentioned criteria.
Your eligible dependents can be enrolled in the Medical, Dental and Vision coverage only if you (as the employee)
are enrolled.
*Taiho defines a domestic partner as: We are both at least age 18. We are not related by blood to a degree of closeness that would prohibit marriage. Neither of us is legally married to another
individual, nor engaged in another domestic partnership or civil union. We currently share a principal residence, and we intend to do so permanently.
Taiho is pleased to offer dental insurance through MetLife’s PDP Plus network. The following chart outlines the dental
benefits we offer:
Preventive Services Preventative services are covered at 100%. This includes oral exams every
6 months, full mouth x-rays, bite wing x-rays, teeth cleanings every 6 months, fluoride
treatments, and sealants.
Deductible No deductible
Basic Services Basic services are covered at 100%. This includes amalgam and resin composite
fillings, root canal, oral surgery, periodontics, inlays, onlays, and crowns.
Major Services Major services are covered at 60%. This includes implant services, dentures,
fixed bridges, as well as implant supported prosthetics.
Annual Maximum & • There is a $2,000 maximum per person per calendar year for non-orthodontic
Orthodontic Services services.
• H NEW! increased max & adult ortho added! Orthodontic services are covered at
50% to a lifetime maximum of $2,000 for adults & dependent children.
NOTE: Similar to the medical plan, there are advantages to utilizing MetLife participating dentists.
To find out if your dentist participates with MetLife, please visit metlife.com, log in and click on “Find a Dentist.”
The following table outlines the benefits provided by our VSP vision plan. There are greater benefits when utilizing a VSP
provider. VSP’s Signature network includes: Cohen’s, Pearle Vision Express, Vision Works, Costco, Walmart and Sam’s Club.
Participating providers can be found at vsp.com.
Lenses**
Single Vision Up to $50
Bifocal Covered in full Up to $75
Trifocal *less any applicable copay Up to $100
Lenticular Up to $125
Once every 12 months
*Frame allowance $110 for Costco. **Coverage for either glasses or contacts each year, but not both.
At Taiho, we want to do everything we can to protect you and your family. That’s why Taiho pays the premium for short-
term and long-term disability insurance.
In the event you become disabled from a non-work-related injury or illness, disability income benefits will provide a partial
replacement of lost income. With our Guardian tax-choice plan, no taxes are withheld from disability benefits.
Benefits Begin Benefits begin on the 8th day after After a 180 day elimination period.
the incident. This 7-day waiting period Two year own occupation coverage.
applies to both sickness and accident.
NOTE: You are not eligible to receive short-term disability benefits if you are receiving workers’ compensation benefits.
To apply for leave or disability call: Guardian Absence Works at 888.889.2953, G-492219
With voluntary life insurance, you are responsible for paying the full cost
of coverage through semi-monthly payroll deductions. You can purchase
additional Life and AD&D insurance in increments of $10,000 up to a
maximum additional amount of $250,000. Employees can also
purchase this coverage for their spouse, up to 50% of the employee
elected amount to a maximum of $125,000, and children, up to
10% of the employee elected amount to a maximum of $10,000.
* NEW PROCESS!
WHAT IS COVERED?
• Weight management programs
• Gym memberships & personal training fees
• Massage therapy
• Fitness classes
• Art/Music therapy classes
• Home gym equipment
• Mindfulness (books, recordings & classes)
• Fitness trackers
• Health apps (step tracker, meditation & sleep)
*Not covered: Sports apparel or shoes, diet foods & supplements, electronic cigarettes, over the counter vitamins & supplements, health spa treatments (facials, pedicures, etc.),
camping equipment, charges covered by a medical insurance plan.
3 Confidential support 24 hours a day, 7 days a week. 3O n-demand access to training & personal
3 Referrals to local counselors with up to 5 sessions free. development videos.
3 F ree consultations with wellness coaches, financial & 3 A ccess to personal assistant for help with
legal professionals. day-to-day problems.
The following table outlines the benefits available through three plans offered by Pet Benefit Solutions:
Types of Pets All pets are covered, including dogs, Dogs and cats Dogs and cats
cats, horses, birds, ferrets, pigs
and even more.
Participating Vets Participating vets in all 50 states, Use at any vet N/A
including Puerto Rico.
Additional Benefits Lost Pet Recovery 24/7 Pet Help Line 24/7 Pet Help Line
Pay with convenient Note: Pets Best premiums Pay with convenient
payroll deductions. are paid by credit or debit payroll deductions.
card only.
1 23
5 26
10+ 30
The PTO schedule above was effective January 1, 2020. Employees with a greater number of PTO days as of December 31,
2019 retained that number of days.
If your 5 or 10-year anniversary is between January and June, you will receive your additional PTO days effective January
of that year. If your anniversary is between July and December, you will receive your additional days January of the follow-
ing year.
CARRYOVER PTO
Employees may carry over up to 7 days to the following year. These carryover PTO days must be used by June 30th.*
*Except as specified by state laws.
SUBSTITUTE DAYS
Substitute days are available to exempt employees under special circumstances. Please refer to the People First Guide
for more details.
Please refer to the People First Guide for details on bereavement days, jury duty and religious observances.
TUITION REIMBURSEMENT
Our educational assistance program is available to regular full-time employees with reimbursement after six months
service. To be eligible, you must be enrolled in a degreed, accredited program and satisfactorily complete the course for
reimbursement. Taiho will provide up to $5,250 per year for reimbursement of pre-approved tuition and mandatory fees.
After getting support from your manager, enter the program and course details into KNAC under My Trainings. We expect
you will bring your learnings to your current and future roles at Taiho.
PROFESSIONAL EDUCATION
The professional education program provides funding for job- related professional programs to develop career knowledge
and skills that are not part of a degreed program. These programs may include workshops, training courses, conferences,
licensing or certification programs and other short-term learning seminars. Employees with six months service are eligible,
and funds are based on departmental budgets. Please seek alignment with your manager, and then enter the details into
KNAC under My Training.
E-LEARNING
Our learning management system, KNAC
(Knowledge Acquisition), is available for employee’s
career development and enhancement. It is available
to all employees and provides over 1,000 courses
in categories including technical skills, soft skills,
and leadership development.
H NEW! MEGAFOOD
For 50 years, MegaFood has been making dietary supplements from whole foods. They offer a large selection of products
for men’s & women’s health, immune health, pre & postnatal vitamins and supplements for sleep and stress.
• 20% discount using promo code: OTSUKAG
• To order visit megafood.com & use your Taiho email address
RIDGE VINEYARDS
World-renowned for their Monte Bello wine:
• 30% off all current release wines and wines purchased •10% discount on non-wine items
through their membership-based wine program •Once account is created, discounts will automatically
•To establish an account, please contact the winery at be applied when shopping
408.867.3233 (account based on Taiho email address) Call or visit ridgewine.com/about/otsuka.
TICKETS AT WORK
TicketsAtWork is the leading Corporate Entertainment Benefits provider, offering exclusive discounts, special offers and access
to preferred seating and tickets to top attractions, theme parks, shows, sporting events, movie tickets, hotels and much more.
TicketsAtWork is a unique benefit offered exclusively to companies and their employees.
Visit TicketsAtWork.com.
EMPLOYEE REFERRAL
When we think of our ideal hire, we think of all the great people we already have here at Taiho. We need your help finding
talent like you to share our future with. Through Taiho’s Employee Referral Program, you’ll receive a $2,500 bonus when
your referral starts, plus another $2,500 after their first year. All permanent employees are eligible to participate in the
program with the exception of the People team, VPs & above, and hiring manager of the position. Referrals should be sent
to talent@taihooncology.com and must include the Employee Referral Form and candidate’s resume.
FITNESS CENTERS
All Princeton office employees have free membership to Boston Properties’ fitness center. The fitness center is
equipped with treadmills, stationary bikes, free weights and elliptical machines. Personal training and group exercise
classes may also be available. The fitness center is open 24 hours a day, 7 days a week in the lower level of 101 Carnegie
Center. Preferred rates are also available to all Aetna participants at over 10,000 gyms. For more information,
visit globalfit.com/fitness.
VERIFICATIONS OF EMPLOYMENT
The Work Number is an automated service to streamline employment and income verification. If you need basic
information about your employment verified (title, hire date), have the company requesting verification contact
The Work Number and give them Taiho’s Employer Code: 25852. Questions? 800.367.5690. If income verification
is required, employees should go to theworknumber.com, register for an account and then request a Salary Key.
Give the Salary Key to the company verifying your employment.
If detailed salary history is required (for a mortgage), please email People@taihooncology.com.
The information in this Enrollment Guide is presented for illustrative purposes and is based on information provided by the employer. The text contained in this guide was taken from
various summary plan descriptions and benefit information. While every effort was taken to accurately report your benefits, discrepancies or errors are always possible. In case of
discrepancy between the guide and actual plan documents, the actual plan documents will prevail. All information is confidential, pursuant to the Health Insurance Portability and
Accountability Act of 1996. If you have any questions about the guide, please contact the People Department.
If you live in one of the following states, you may be eligible for assistance paying your employer health plan premiums.
The following list of states is current as of July 31, 2023. Contact your State for more information on eligibility.
INDIANA – Medicaid 877-438-4479 Healthy Indiana Plan for low-income adults 19-64: http://www.in.gov/fssa/hip
Medicaid: 800-457-4584 Medicaid: https://www.in.gov/medicaid
IOWA – Medicaid Medicaid: 800-338-8366 Medicaid: https://dhs.iowa.gov/ime/members
Hawki: 800-257-8563 Hawki: http://dhs.iowa.gov/Hawki
HIPP: 888-346-9562 HIPP: https://dhs.iowa.gov/ime/members/medicaid-a-to-z/hipp
To see if any other states have added a U.S. Dept of Labor Employee U.S. Dept of Health and Human Services
premium assistance program since July 31, Benefits Security Administration Centers for Medicare & Medicaid Services
2023, or for more information on special www.dol.gov/agencies/ebsa www.cms.hhs.gov
enrollment rights, contact either: 866-444-EBSA (3272) 877-267-2323, Menu Option 4, Ext. 61565
The public reporting burden for this collection of information is estimated to average approximately seven minutes per
respondent. Interested parties are encouraged to send comments regarding the burden estimate or any other aspect of this
collection of information, including suggestions for reducing this burden, to the U.S. Department of Labor, Employee Benefits
Security Administration, Office of Policy and Research, Attention: PRA Clearance Officer, 200 Constitution Avenue, N.W., Room
N-5718, Washington, DC 20210 or email ebsa.opr@dol.gov and reference the OMB Control Number 1210-0137.
TAIHO ONCOLOGY, INC. 101 Carnegie Center, Suite 101, Princeton, New Jersey 08540 • 609-750-5300 • taihooncology.com