Medtronic, Inc. Benefits

At Medtronic, Inc., employees receive welfare benefits. Like Medtronic, Inc. employees, numerous American workers rely on employer-financed group health plans, through which a considerable proportion of each employee's health insurance premium is funded by their employer. In this arrangement, businesses collect tax deductions for their contributions and workers receive the benefits tax-free. Medtronic, Inc. offers health, dental, and vision insurance. Medtronic, Inc. also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death.