Financial Savings
MedAmerica is committed to helping you make the most of your hard-earned money.
401(k)
Offering one of the most competitive 401(k) plans in the industry, MedAmerica provides a guaranteed match of $1.20 per $1.00 of the first 6% of the employee’s salary deferral contribution with 100% immediate vesting when the match is deposited.
Profit Sharing
We offer a discretionary profit sharing contribution of up to 4% gross salary (for employees with 18 months of service as of the beginning of the plan year).
Life Insurance
Each medical insurance plans comes with a 50K life insurance policy.
Long Term Disability (LTD)
The LTD Plan is offered to full-time employees at no cost. The plan provides taxable LTD benefits after 60 days of disability at 60% of base salary up to a maximum of $3,750 per month. Employees whose monthly salary is over $6,250 may purchase additional coverage. LTD benefits are integrated with California State Disability Insurance.
Commuter Programs
Save the environment and save money at the same time! Our commuter programs allow employees to use pre-tax dollars to pay for commuting expenses, including transit passes and parking fees.
Flexible Spending Accounts
These accounts help our employees save money by setting aside pre-tax dollars for anticipated Health Care and Dependent Care expenses.