MEDICAL INSURANCE Our medical insurance benefits package is administered by Cigna Healthcare.

A culture of Innovation
At The Medicines Company, innovation is at the heart of everything we do. We define innovation at The Medicines Company as a change we create that impacts the global marketplace and therefore our customers and ultimately patients.  MDCO balances needs, data and influence to drive all of its innovation; in both our products and our work to improve healthcare outcomes worldwide.

MDCO’s robust and varied pipeline of products makes us poised to be a major global player with many opportunities for international expansion. Our associates who contribute to that expansion and growth are dispersed over 19 countries and four continents; therefore, you will have colleagues all over the globe with an immense array of different backgrounds, experiences, and languages. Our locations around the world offer the resources to help you evolve personally, professionally and intellectually.

Ownership, Performance & Rewards
When you choose to join us, MDCO provides the tools that will enable you to succeed in your career and your personal goals. One way we can achieve this is through our rich and comprehensive total rewards program.

Your compensation
The Medicines Company rewards its associates with a competitive base pay rate, and yearly wage increases based on performance and development of key skills and competencies. Every associate is also eligible for an annual incentive bonus program that measures achievements against specified objectives, based on both company and individual performance.

Your long-term financial opportunity
Each associate is an owner and receives Equity in the form of stock options that recognize associates and their imperative role in MDCO’s future financial success. Associates are also eligible to buy MDCO stock at a discounted price through the Employee Stock Purchase Plan. MDCO also offers various retirement options, such as 401(k) match or a pension program, varying upon country.

Your health and well-being
MDCO offers a comprehensive and competitive benefits package to support you and your family. These include a variety of medical plans that feature in-network only or both in and out-of-network benefits, with the company offering significant financial contribution. For our U.S. associates, benefits also include dental insurance, prescription drug coverage, short and long term disability, life insurance, optional vision coverage overage, optional Health and Dependent Care Accounts.

Your life/work balance
MDCO’s time away from work benefits are designed to make life healthier, happier and more convenient for our associates. We truly recognize and value the importance of work-life balance. U.S. Associates receive four weeks of vacation plus four personal days, regardless of position or length of service and our associates in other countries receive as much or more time off depending on local custom.  All employees are eligible for paid company holidays, and important holidays around the globe are observed on a country-by-county basis.

Other benefits we provide to our associates to help them balance life’s various responsibilities are mobile workspaces and often-flexible work arrangements, generous tuition reimbursement, an Employee Assistance Program, Fleet benefits, wellness initiatives and on-site fitness center to applicable associates, and various insurance coverage plans, including short and long-term disability, employee and dependent life, pet, long-term care and business travel accident insurance.