What you need to know
Gil Vardi administers the medical plan, which is 100% company-paid for employee-only coverage. This means PayPal pays the cost of the policy, but you pay tax on the medical policy amount. Dental benefits are included in the medical plan policy.
Plan at a glance
Medical outpatient
| Service | Refund 80% of expenses, up to the limits shown below |
|---|---|
| First professional medical opinion | NIS 800 for each medical opinion |
| Lab tests | NIS 5,000 per insurance year |
| Physiotherapy | 12 treatments, up to NIS 2,500 per insurance year |
| Radiotherapy and chemotherapy | NIS 10,000 per insurance year |
| Preventive medical services for employees over the age of 50 | NIS 333; once every 3 years |
| Lab tests for malignant growths | NIS 25,000 |
| Pregnancy exams | NIS 2,500 for the insured employee that is pregnant and up to NIS 5,000 if both spouses are insured |
| Fertility treatments | NIS 15,000 per child |
| Learning disability and child development | NIS 1,800 per insurance year |
| Medical opinion abroad | NIS 1,200 |
Medical inpatient
| In-network surgeon’s fee | 100% covered |
| Anesthetist’s fee | 100% covered |
| Operating theater at in-network hospital | 100% covered |
| Pathological examination | 100% covered |
| Operation at a public hospital | Up to 50% of the expense paid to in-network surgeons |
Dental
| Surgical tooth extraction | Refund 80% of the expenses, up to NIS 333 |
| Periodontal procedures | Refund 80% of the expenses, up to NIS 1,788 |
Special medical services
| Telephone consultation | 100% covered |
| Night-time physician’s visit | Deductible of NIS 25 |
| First aid dentistry service | 100% covered |
| Assistance service and psychological counseling | Deductible of NIS 80 for the first meeting and NIS 100 for each of the 11 additional meetings |
Contributions
PayPal’s company contribution toward the medical plan is NIS 75.29 per month. The amount is linked to the consumer price index (CPI) and varies from month to month. If you choose to enroll in the plan’s coverage, you’ll pay a monthly deduction of the medical policy’s tax value.
You also have the option to enroll your dependents in the plan by paying an additional cost:
- Spouse / child over age 25: NIS 75.29 per month
- Child below age 25: NIS 24.45 per month