Enrollment and Eligibility
(833) 280-4598
Company Key: Synopsys
Open Enrollment is November 3-14, 2025. It’s your annual opportunity to explore all the benefits programs and resources available to you and select the options that will help you and your family thrive in 2026.
Synopsys is committed to evolving our benefits to better align with your health needs, priorities, and budget. The medical plan insurance is changing from UHC to Anthem Blue Cross (Anthem), and pharmacy benefits are changing from Optum Rx to Carelon.
We believe our medical, pharmacy, and dental plans changes will provide an improved experience for you and your family, while maintaining the coverage and affordability you rely on.
Anthem offers a broader provider network in many geographic areas, improved digital tools for managing care, and more robust preventive health support and chronic condition management. Anthem gives you access to dedicated advocates who can help you and your family members with real-time support around ID cards, benefits coverage information, making appointments, and managing claims. Advocates partner with the Anthem clinical teams to help with preapprovals and other steps in your health journey.
You now 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.
Note: Orthodontia benefits are paid in two installments. If you're currently in orthodontia treatment and move to the lower plan, you may not receive future orthodontic payments since the low plan does not include orthodontia benefits.
Vision coverage will stay the same for 2026. 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.
Synopsys remains deeply committed to supporting your health and wellbeing — today and into the future. As overall healthcare costs continue to rise, we’re working to balance the value of the coverage we offer with the realities of those increasing expenses. Synopsys absorbed part of the increase so we could minimize the impact to employee contributions.
The 2026 employee premiums are listed below. Deductions will be taken out per paycheck on a biweekly basis. Any premiums paid by you, other than for domestic partner coverage, are on a pretax basis.
| Coverage Level | Synopsys HS Basic Plan | Synopsys HS Premium Plan | Synopsys PPO Plan | Kaiser HMO (CA and OR) |
|---|---|---|---|---|
| You Only | $20.05 | $53.97 | $60.04 | $60.42 |
| You and spouse or domestic partner | $56.08 | $139.56 | $147.21 | $142.65 |
| You and child(ren) | $35.09 | $111.63 | $117.74 | $109.62 |
| You and family | $108.30 | $228.39 | $246.87 | $217.21 |
| Coverage Level | Synopsys Low Dental Plan | Synopsys High Dental Plan | Signature Plan | Signature Plus Plan |
|---|---|---|---|---|
| You Only | $4.23 | $6.35 | $3.46 | $8.08 |
| You and spouse or domestic partner | $7.37 | $11.69 | $4.62 | $11.54 |
| You and child(ren) | $8.08 | $12.47 | $3.69 | $10.62 |
| You and family | $13.43 | $20.45 | $6.93 | $18.47 |
The IRS limit for HSA contributions will increase to $4,400 from $4,300 for individuals and to $8,750 from $8,550 for families in 2026.
If you’re enrolled in the Synopsys HS Premium Plan, Synopsys also contributes to your HSA! There are no changes to Synopsys contributions for 2026. Keep in mind that the IRS limit includes the Synopsys HSA contribution, and employees 55 and older may contribute an additional $1,000.
Learn more about the benefits of using an HSA by watching this short video.
The maximum amount you can contribute to your Dependent Day Care FSA is increasing from $5,000 to $7,500 per calendar year per family. If you’re married and filing separately, the maximum is increasing from $2,500 to $3,750.
The maximum amount you can contribute to your Health Care FSA is increasing from $3,300 to $3,400.
To provide you with a more streamlined approach to wellbeing programs and incentives, we’re making some changes to our health and wellness programs. More information about these benefits will be coming in December.
You must enroll or make changes by 11:59 p.m. PT on Friday, November 14, 2025. If you take no action, your 2025 benefits will carry over into 2026, except for FSA elections.
If you’re currently participating in a Flexible Spending Account (FSA) and want to continue participating in 2026, you MUST re-enroll during Open Enrollment. Keep in mind that if you have some money left over in your Health Care FSA at the end of 2025, you can use it until February 28, 2026. Calculate accordingly when you make your new FSA elections.
During Open Enrollment, you can increase your supplemental life insurance coverage up to $50,000 above your current benefit level (not to exceed the lesser of 5 times your annual earnings or $500,000), without evidence of insurability.
There are three ways to access the enrollment portal:
Once you’re enrolled, you’ll be able to access your Synopsys benefits information through Benefitsolver or the MyChoice mobile app.