Making Your Benefit Choices

Your Medical Plan Choices

Making Your Benefit Choices

Deciding on Your Medical Coverage - Your medical coverage decision is one of the most important ones you make as an Analog employee. Get information to help you decide on the best medical coverage for you and your family. In particular, learn how the ADI Saver Plan with HSA and the company contribution to a Health Savings Account (HSA) can save you money and increase your flexibility in how you pay for your healthcare.

Choose from two UnitedHealthcare (UHC) plans – the ADI Network Only plan (HMO type) and the ADI Saver Plan with HSA plan, a qualified High Deductible Health Plan. Employees in California and in the Northwest also have the option of – Kaiser California (Northern California and Southern California) and Kaiser NW. And, if you have coverage through another plan, for example your spouse's employer's plan, you can elect the Medical Waiver option and receive cash in your paycheck.

So how do you decide which plan is best for you and your family? Ultimately the choice is yours and depends on your personal situation.

At a high level, the two UHC Plans are similar because:

  • Both use the same extensive national network of UHC health care providers and pharmacies, and both cover the same medical and prescription services (Note, employees residing in MA, ME or NH, use the Harvard Pilgrim network).
  • Both plans emphasize the importance of preventive care and include routine preventive care exams, cancer screenings (mammograms and colonoscopies) and some preventive prescriptions covered at 100%.

But the plans are very different in these ways:

  • You pay much less out of your paycheck for the ADI Saver Plan with HSA – close to $2,500 less for family coverage – than if you were enrolled in the ADI Network Only Plan.
  • Employees who enroll in the ADI Saver Plan with HSA can open a Fidelity Health Savings Account (HSA), funded by you and ADI, and it can be used to pay for current or future eligible healthcare expenses – tax-free!
  • ADI makes a generous annual HSA contribution to eligible ADI Saver Plan with HSA members – $600 if you have employee only coverage and $1,200 if you enroll in family coverage. The money in your account is yours to keep and rolls over from year to year – you never lose it.
  • With the ADI Saver Plan with HSA plan you can receive your care from any licensed provider, in or out of the UHC provider network, and you'll pay less when you choose an in-network provider. With the ADI Network Only Plan, you must receive all of your care from in-network providers; there is no coverage for out-of-network care.

Related Topics & Resources

When you think about which plan might be best for you and your family, consider:

  • How much do you spend each year on medical care? About 46% of ADI employees have fewer than $1,000 in medical claim expenses.
  • Is predictability of cost important to you? The ADI Network Only Plan has predictable copays and a lower deductible, but significantly higher payroll contributions than the ADI Saver Plan with HSA.
  • Are you worried about the high cost of a potential illness? The ADI Saver Plan with HSA has built-in protection called an out-of-pocket limit. You get 100% coverage for the rest of the plan year if you reach the annual out-of-pocket limit ($2,000 for employee only coverage; $4,000 for family coverage).
  • Looking for another tax advantaged way to save? Contributions to an HSA are pre-tax, and are tax-free even upon withdrawal, as long as they are used to pay for qualified healthcare expenses.