Medical Insurance
Novolex offers the choice of three medical plans: HSA, HRA 70 and HRA 80. All three plans are administered by UnitedHealthcare (UHC) and provide the same national network of providers. Comprehensive Pharmacy coverage is provided through CVS Caremark.
Dental Insurance
Novolex offers Dental Insurance through Delta Dental that includes the nation’s largest network of providers. In- and out-of-network coverage is available. The Basic Plan offers a $1,250 allowance, while Enhanced Plan offers a $2,000 allowance and orthodontia care for children and adults.
401(k)
For US Employees, Novolex offers a safe harbor 401(k) plan through Transamerica Retirement Services that provides a company match of 100 percent of the first three percent and 50 percent of the next two percent (net company match available = four percent).
Current and former employees report that Novolex provides the following benefits. It may not be complete.
Showing 1–10 of 53 comments
“You only give a minimal share (contribution) to a vast range of health and medical benefits.”
Very comprehensive benefits package, competitive pricing, lots of choice
Facility closes around holidays, extra PTO. Work from home hybrid schedule
Good benefits, 401k and tuition reimbursement
Company offers several company provided benefits (Life insurance, Short term disability, 401k match, etc)
Health benefits are the same as other area companies.
Good over all benefits, from the whole family
Lots of options available for benefits. Many cool new benefits as well that I haven't seen with a company before.
very good very good good
Match 401K 4% is okay. Healthcare is getting expensive everywhere. The United Healthcare plan is decent.
I think our benefits are very competitive and the premiums are reasonably priced. I wish the deductibles weren't so high but that is not a Novolex problem; that's an insurance company problem.