Medical & Rx Coverage

Synopsys, as part of your Total Rewards Program, provides you with the opportunity to create a healthcare package that meets the needs of you and your family. You choose which dependents you want to cover for medical, dental, and/or vision coverage.

Your medical plan options include:

• The Synopsys Health Savings (HS) Basic Plan
• The Synopsys Health Savings (HS) Plus Plan
• The Synopsys Health Reimbursement Account (HRA) (closed to new participants as of January 1, 2018)
• The Kaiser Permanente Health Maintenance Organization (HMO) – California and Oregon

Each medical option also includes prescription drug coverage. The medical plan comparison chart shows a snapshot of how the medical plans work.

For details about each of the medical plan options, see the documents and links provided at the bottom of the page.

2018 Employee Cost Per Pay Period

You may elect to cover yourself only or yourself and any eligible dependents. Below is the cost per paycheck. Any premiums paid by you—other than for domestic partner coverage—are on a pretax basis. HRA Plan is closed to new participants as of January 1, 2018.

Synopsys Contributions to the HS and HRA Plans

If you choose the HRA or HS Plus Plan, Synopsys makes a contribution into a health fund for you. Review the HRA and HSA webpages for more information and check out this video to compare and contrast medical plans.

Forms & Plan Documents

For more details about the medical plans, including the plan comparison chart, descriptions of how the plans work, and summaries of benefits and coverages (SBCs), refer to Forms & Plan Documents.