Ansys 2026 Open Enrollment

Synopsys offers a selection of medical, dental, and vision plans that you can choose based on your specific needs. Each of our plans features comprehensive, high-quality coverage at an affordable cost, plus valuable resources that make accessing care and staying well easier. 

Medical

You have a choice of medical plans through Anthem Blue Cross and Kaiser Permanente, depending on where you live. Your cost per paycheck for medical coverage depends on which plan you choose and whether you cover any dependents.

Two high-deductible health plans (Basic and Premium) and a PPO plan will continue to be offered. Kaiser plans will remain in place if you live in California and will now be available to employees who live in Oregon.

All plans provide comprehensive coverage, including:

• Preventive care
• Prescription drug coverage
• An extensive network of medical providers and facilities

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• Attend an Anthem information session to learn about the Anthem programs and services and hear more about the 2026 medical plan options.
• Visit the Anthem Find Care page to search for in-network providers in the National PPO (BlueCard PPO) network.
• Review the Anthem list of preventive prescription drugs (Basic and Premium plans only) and use the Anthem online drug search to look up your medications.
• Compare your medical plan options.
• Get help choosing your medical plan by checking out this overview or watching this brief video.
• Learn more about the Anthem Sydney app which can help you find care, compare costs, see what’s covered and check claims, view and use digital ID cards, fill prescriptions, and more after January 1.
• If you are in an active course of treatment or have surgery planned and your current Highmark in-network provider will be out-of-network with Anthem, you can apply for continuation of care. Note: You must apply by June 29, 2026.

Dental

You have a choice of two dental plans: the Synopsys Low Dental Plan and the Synopsys High Dental Plan. The new Low Dental Plan covers basic preventive care like cleanings and routine care, while the High Dental Plan offers more comprehensive benefits, including orthodontia.

Both plans allow you to see any licensed dentist but pay higher benefits when you use a Delta Dental PPO dentist.

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• Review the 2026 U.S. Benefits Guide or the 2026 dental plan summary for additional dental plan details.

Vision

You have a choice between two vision plans through Vision Service Plan (VSP): the Signature Plan and the Signature Plus Plan. The Signature Plus Plan costs more in paycheck contributions but provides additional lens enhancements at no extra cost.

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• Review the 2026 U.S. Benefits Guide or the 2026 vision plan summary for additional vision plan details.

Synopsys offers several different savings and spending accounts to help you cover annual health care and dependent care expenses with tax-free dollars.

Health Savings Account (HSA)

If you enroll in one of the Synopsys Health Savings (HS) medical plan options, you can contribute to an HSA on a pretax basis, and, unlike the Flexible Spending Accounts, you own the funds forever and can decide when you want to use them.

• You can use your HSA funds to pay for eligible medical, prescription, dental, vision, and other health care expenses that you incur today or later in life.
• New for 2026, the total annual HSA contribution allowed by the IRS is $4,400 for individual coverage and $8,750 for family coverage.

If you enroll in the Synopsys HS Premium Plan, Synopsys also contributes to your HSA! Synopsys will contribute $1,000 if you have employee-only coverage and $2,000 if you cover dependents, even if you make no contributions to your account. The HSA employer contribution is funded up front. Keep in mind that the 2026 IRS limit includes the Synopsys HSA contribution, and employees 55 and older may contribute an additional $1,000.

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• Learn more about the benefits of using an HSA by watching this short video.

Health Care Flexible Spending Account (FSA)

With a Health Care FSA, you can set aside from $100 to $3,400 before taxes each year to reimburse yourself for eligible health care expenses. There are two types of Health Care FSAs, administered by HealthEquity:

• Traditional Health Care FSA, used for medical, dental, and vision expenses, available if you are enrolled in the Synopsys PPO medical plan, Kaiser Permanente HMO medical plan, waive medical coverage, or waive contributions to the HSA.
• Limited Purpose FSA, used for dental and vision expenses only, available if you are enrolled in a Synopsys Health Savings (HS) medical plan and elect to contribute to the HSA.

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• Learn more about the benefits of using an FSA by watching this brief video.

Dependent Day Care Flexible Spending Account (FSA)

With a Dependent Day Care FSA, you can set aside money from your pay before taxes each year to reimburse yourself for eligible child or elder day care expenses that allow you and/or your spouse or domestic partner to work. 

New for 2026, you can contribute up to $7,500 per year to the Dependent Day Care FSA if you are married and filing a joint tax return or $3,750 per year if you are married and filing separately.

Synopsys offers other plans and services you can elect during Open Enrollment that can help you save money and protect your financial health and wellbeing.

Life Insurance

In addition to employer-paid Basic Life and AD&D coverage, you have the option to purchase additional supplemental insurance coverage for yourself and your dependents. 

Depending on how much insurance coverage you purchase, you may need to provide Evidence of Insurability (EOI), which is information on the condition of your health to be considered for insurance coverage. 

• For you: You can purchase the lesser of 5 times your annual earnings or $500,000 without EOI.
• For your spouse: You can purchase up to $50,000 without EOI.

If you already have supplemental life insurance coverage through Ansys, the system will show your current elections. If you previously submitted EOI, you won’t need to provide EOI again when you elect Synopsys coverage. EOI will be required for any newly elected coverage that’s over the amounts listed above.

Don’t forget to designate a beneficiary for your employer-paid coverage even if you choose not to purchase additional supplemental insurance.

Supplemental Health Insurance

Accidents and serious illness can have a significant financial impact on your family, even with comprehensive medical coverage. During Open Enrollment, you have the option to enroll in supplemental health insurance offered by UnitedHealthcare (UHC), which provides extra protection for life’s unexpected events. These voluntary programs provide a lump-sum cash payment directly to you, helping to cover out-of-pocket medical expenses or other emergency needs, such as rent or groceries.

• Accident Insurance pays a direct cash benefit for covered injuries.
• Critical Illness Insurance pays a direct cash benefit if you’re diagnosed with a covered condition.
• Hospital Indemnity Insurance pays a direct cash benefit after a covered hospital stay and related expenses.

Short-Term Disability Insurance

Disability insurance helps protect your income in the event you’re unable to work due to non-work-related injury or illness. 

You are automatically enrolled in the Short-Term Disability Insurance Plan (STD), unless you opt out. The plan is employee-paid, which means employees contribute to the plan on an after-tax basis each pay period. 

The plan pays 75% of your weekly earnings (payments are not taxed), up to a maximum weekly benefit of $3,000. Benefits begin on your first day of disability, provided you’re disabled for at least eight consecutive calendar days and you’re treated by a doctor during that eight-day period. STD benefits continue for up to 180 days or until you’re no longer disabled, whichever occurs first. After 180 days of disability, the Long-Term Disability Plan begins paying benefits if you meet that Plan’s eligibility rules.

The cost for STD insurance is based on a percentage of your salary (for 2026, it’s 0.4% of salary, up to a maximum of $674.40). You can decline coverage and will have no benefit unless your state has a plan.

Additional information regarding STD and how to opt out will be provided in December.

Group Legal Plan

You can purchase group legal insurance at attractive group rates through MetLife Legal Plans. This program can help protect you when dealing with common legal matters, including will or trust creation, identity theft, immigration assistance, and legal documents review.

The Commuter Spending Account (CSA)

Administered by HealthEquity, the CSA program lets you set aside pretax money from your paycheck to pay for qualified transportation to and from work. If you ride public transportation to work, participate in a vanpooling program, or pay to park your car at work or at a park-and-ride station, this program can help you save money.

You can deduct up to $340 from your paycheck per month for transit and up to $340 per month for parking for 2026.

• Long-term disability benefits to replace a portion of your income if you’re unable to work for an extended period
• 401(k) Plan plus company match for tax-advantaged retirement savings. In December, you will receive more information directly from Fidelity about enrolling in the 401(k).
• Employee Stock Purchase Plan that lets you buy shares of Synopsys stock at a discount. There are two enrollment periods per year, and you will receive more information about how to purchase stock during our next enrollment period in February 2026. 

• Paid time off
• Paid parental leave
• Adoption and surrogacy assistance
• Auto, home, and pet insurance
• Exclusive discounts on products, fitness memberships, entertainment, travel, and more
• Legal benefits
• Parenting resources
• Travel support
• Tuition reimbursement and student debt loan repayment