One of the most vital components of John Deere's total compensation is our benefits package.
Deere offers managed care plans through UnitedHealthcare offering flexible options such as:
- Comprehensive medical coverage with no pre-existing condition provisions
- Dependent coverage – you can cover your spouse and/or your dependent children
- Opt out – participation is not required
- Annual enrollment – you can make new choices each year
Our plans cover comprehensive medical services, including:
- Doctor and hospital visits, including maternity and well-baby care
- Prescription drugs
- Vision and hearing
- Preventive services covered at 100%
- Emergency care
We subsidize a portion of the cost for medical coverage for you and your covered dependents. You pay your portion on a pre-tax basis, which reduces your income subject to taxes.
Our dental plan provides 100% coverage for preventive dental care, including semi-annual exams and cleanings. Fillings, crowns, orthodontia, and other dental services are also covered, subject to modest deductibles, coinsurance, and plan limits.
Just like the medical plans, you choose whether to participate and who you want to cover. We subsidize the cost for dental coverage for you and your covered dependents. Elections last for two calendar years.
Health Savings Account (HSA)
An HSA offers a tax-favored way to pay for qualified health-care expenses, including your deductible, coinsurance, and eligible medical expenses that are not covered by an HSA-eligible health plan. The money in your HSA can grow with potential investment earnings. You won't pay federal or, in most cases, state taxes on the money if you use it to pay for qualified health-care expenses, as defined by the U.S. Internal Revenue Service.
Limited-Purpose Health Care Flexible Spending Accounts (FSA)
While our plans are comprehensive, you may have some out-of-pocket costs for the services you receive, such as dental and vision services. If you choose, you can use the Limited-Purpose Health Care FSA to pay for these expenses. Each pay period, you can defer some of your salary to an individual FSA account. This pre-tax deferral reduces your income subject to federal and most state income tax. After you have incurred a covered expense, you can file for reimbursement from your own account to cover your out-of-pocket costs.
Dependent Care Flexible Spending Account
The Dependent Care FSA can help you save money by allowing you to use pre-tax dollars to pay for dependent care expenses.
To help you maximize your learning potential, John Deere offers educational assistance for undergraduate degrees, graduate degrees, and other graduate-level courses. There is a six month waiting period before employees are eligible for this benefit. Reimbursement for tuition and fees for credit and non-credit courses is 100%, subject to annual caps.
To support you and your growing family, John Deere offers a limited adoption reimbursement benefit to help with adoption-related expenses. This does not include the adoption of a child or grandchild of a spouse or domestic partner.
*This information is intended for our salaried workforce. Elements may differ based on unit, geographic location, and/or job responsibility.