Enrollment
ENROLLMENT
2021 changes
The pandemic has highlighted the importance of having great and valuable benefits when we need them most. Informatica is committed to offering our employees and their families, the best possible health and wellbeing options available.
We encourage you to review the enhancements we have made for 2021 and utilize the benefit resources available to you to ensure you select benefits that meet your needs and are cost effective.
| Benefit | What’s changing |
|---|---|
| Cost sharing | Review the 2021 Contribution Rates. |
| Medical | The annual maximum covered for hearing aids will be increased to $5,000 for the Aetna and Kaiser plans. The deductible will be waived for allergy shots for the Aetna PPO plan. |
| Prescription drugs | No change. |
| Dental | No change. |
| Vision | No change. |
| Health Savings Account (HSA) | Contribution limit increases to $3,600 for employee-only coverage and $7,200 if you cover dependents. |
| Legal Insurance | ARAG, our new legal services provider, offers two levels of legal insurance coverage for a wide range of legal needs. |
Take action
You must enroll in health and other insurance benefits within 31 days of your date of hire. If you do not complete your enrollment within your first 31 days, you will automatically be waived out of coverage.
How to enroll
Benefits Enrollment is completed in Workday for all benefits except GoNavia Commuter FSA Benefits, MetLife Auto, Home, and Pet Insurance, and the Fidelity 401(k) plan. For these exceptions, you must enroll directly with the respective vendor.
Through Workday you can complete your enrollment any time, day or night.
See the Quick Reference Guide for assistance.
What if I have a qualifying life event?
If you do experience a qualifying life event, please visit the Life Events page for more information on what you need to do to update your benefits.
Decision Support
Choosing the right benefit plans is important for both your health and financial wellness. We have provided several resources for you to use to assist you in selecting the right benefits for you and your family.
The guide includes everything you need to know about choosing your benefits for the new year.
An online tool that can provide you with an overview of your Informatica benefit options and guide you through your enrollment decisions, based on your answers to some simple questions.
Watch this video at your convenience for an overview of the Informatica 2021 Benefits Program.
Check your benefit costs for this plan year.
2021 benefit options
Medical
Plan details for 2021.
How the Plans work with HSA
| Aetna PPO | Aetna Saver | Kaiser HMO | |
|---|---|---|---|
| HSA eligible | No | Yes | No |
| Company HSA contribution | None | $400/Employee; $800/Family | None |
Your costs
| Aetna PPO | Aetna Saver | Kaiser HMO | |
|---|---|---|---|
| Preventive doctor’s visit | No cost to you when you see in-network providers — covered at 100% in-network | No cost to you when you see in-network providers — covered at 100% in-network | No cost to you when you see in-network providers — covered at 100% in-network |
| Individual/family deductible | |||
| In-network | $500/$1,200 | $1,600/$3,200 | None |
| Out-of-network | $1,000/$2,400 | $3,200/$6,400 | Not applicable |
| Individual/family out-of-pocket maximum | |||
| In-network | $2,700/$5,300 | $3,000/$6,000 | $1,500/$3,000 |
| Out-of-network | $4,000/$7,800 | $6,000/$12,000 | Not applicable |
| Your coinsurance | |||
| In-network | 10% after deductible | 10% after deductible | Copays for services |
| Out-of-network | 30% after deductible* | 30% after deductible* | Not applicable |
| Office visit | |||
| In-network | $20 primary care $30 specialist | 10% after deductible | $20 primary care and specialist |
| Out-of-network | 30% after deductible* | 30% after deductible* | Not applicable |
| Telemedicine visit | |||
| In-network only | $20 per visit | $40 per visit | No Cost |
| Behavioral Health | $30 per visit | 10% after deductible | No Cost |
| Emergency Room visit | 10% after a $150 copay | 10% after deductible | $150 |
Retail prescriptions (your cost for a 30-day supply)
| Aetna PPO | Aetna Saver | Kaiser HMO | |
|---|---|---|---|
| Generic | In-network: $10 Out-of-network: $10 + 50% of the Rx cost | In-network 10% after deductible (deductible waived for certain preventive medications) Out-of-network 30% after deductible | $10 |
| Brand-name | In-network: $35 Out-of-network: $35 + 50% of the Rx cost | $35 | |
| Non-formulary | In-network: $50 Out-of-network: $50 + 50% of the Rx cost | $35 Specialty |
Mail order prescriptions (your cost for a 90-day supply)
| Aetna PPO | Aetna Saver | Kaiser HMO | |
|---|---|---|---|
| Generic | In-network: $20 Out-of-network: not covered | In-network 10% after deductible (deductible waived for certain preventive medications) Out-of-network not covered | $20 |
| Brand-name | In-network: $70 Out-of-network: not covered | $70 | |
| Non-formulary | In-network: $100 Out-of-network: not covered | $70 Specialty | |
| All Non-Specialty Drugs | You may fill 90-day supplies of (non-specialty) medication through any retail location. You will need a 90-day prescription from your providers and you will pay 3X the applicable 30-day cost.*** | $70 Specialty | |
* Out-of-network benefits are based on reasonable and customary charges.
** Deductible does not apply.
*** Important note on maintenance medications through Aetna: For maintenance medications, you can fill a 30-day supply of the prescription at any retail pharmacy twice. For any subsequent refills, a 90-day supply must be filled through the Aetna Rx Home Delivery® mail order program or specifically at a CVS pharmacy. If you continue to fill the prescription at a non-CVS pharmacy, you will pay an additional fee.
Tax-advantaged accounts
- Health Savings Account (HSA) — $3,600 for employee-only coverage and $7,200 if you cover dependents for 2021
- Health Care FSA (FSA) — $2,750 for 2021
- Limited Purpose Health Care FSA — $2,750 for 2021
- Dependent Care FSA — $5,000 for 2021
Life insurance
Disability insurance
- Short-Term Disability (company paid; no enrollment required)
- Long-Term Disability (company paid; no enrollment required)
- LTD Buy-Up
Supplemental medical
Voluntary Benefits
- Group legal plan - ARAG legal insurance offers two levels of legal insurance coverage for a wide range of legal needs.
- Auto and home insurance - MetLife Auto & Home Insurance gives you access to personal insurance policies, including home, auto, landlord’s rental dwelling, condo, car, recreational vehicle, and boat.
- Pet insurance - MetLife Pet Insurance provides a variety of plan options to help you cover the costs of care for your pets.
Your enrollment checklist
- Learn about your benefit options, paying special attention to the changes coming next year.
- Think about your coverage needs, including how much health care you might need and if your current voluntary benefit elections provide you and your family with enough protection.
- Make sure your dependent information is correct and all your dependents are still eligible.
- Consider contributing to a Health Savings Account or Flexible Spending Account — depending on the medical plan you enroll in.
- Review your beneficiaries — it’s a good idea to review your beneficiary information (especially if your personal circumstances have changed) and take this opportunity to make updates as needed.
Who’s eligible?
All active regular full-time or part-time regular employees who are scheduled to work at least 24 hours per week are eligible to participate in Informatica’s benefits program. You may also cover your eligible dependents under Informatica’s medical, prescription, dental, vision, and life benefits.
Your eligible dependents include:
- Spouse or domestic partner (same or opposite gender)
- Your child(ren) and your covered spouse’s or qualified domestic partner’s child(ren) up to age 26
- Disabled children who became disabled on or before age 26
Manage your costs
Today, it’s more important than ever to think like a consumer and make smart decisions about how you spend your health care dollars. Get five valuable tips for saving money in this video.