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Open Enrollment

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Last updated date: 11/4/2024

Open Enrollment for your 2025 benefits is October 28 – November 8, 2024. This is your annual opportunity to review your needs and select the benefits that provide the best coverage and value for you and your family.

Take Action

Review this page to find out what you need to know and what you need to do during Open Enrollment. Then enroll in your 2025 benefits between October 28, 2024 and November 8, 2024. After Open Enrollment ends, you can’t change your benefit elections unless you experience a qualifying life event.

Your enrollment checklist

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Use this checklist to make the most of your Open Enrollment opportunity:

  • Learn about your benefit options, paying special attention to what’s changing for next year.
  • Use the tools and resources available to help you make informed benefit decisions.
  • Update your Flexible Spending Account (FSA) enrollment and/or Health Savings Account (HSA) contribution amount — they don’t automatically carry over to the next year.
  • Make sure your dependent information is correct and all your dependents are still eligible.
  • Review your beneficiary information and make updates as needed.
  • Complete your benefits enrollment by November 8, 2024. Learn how to enroll.

What’s Changing

As part of our strategy to provide comprehensive, competitive, and financially responsible benefits, we regularly examine our benefits program and consider changes that could better support you and your family across the entire spectrum of well-being. Here are the changes we’ll introduce in 2025.

What’s changing for 2025

In 2025, our benefits are better than ever — with enhancements that address what's most important to you and your covered dependents.

Minimal cost increases

As the cost of health care continues to rise, so does the cost of providing quality health benefits. For 2025, Myriad Genetics is absorbing the majority of this increase to your medical and dental plan premiums, keeping the increase in your costs to a minimum — lower than the average for our industry! Your vision plan premiums will stay the same as 2025 with no increase for 2025.

Health Savings Account (HSA) contributions

Myriad Genetics will contribute $500 (teammate-only coverage) or $1,000 (if you cover dependents) to your HSA if you enroll in the Regence BCBS PPO High Deductible Plan CDHP and SelectHealth PPO High Deductible Plan CDHP or the Kaiser Permanente HMO CDHP for the 2025 plan year. If you enroll in the new Regence BCBS HPN CDHP , Myriad Genetics will contribute $350 (teammate-only coverage) or $800 (if you cover dependents) to your HSA.

The total amount that you and Myriad Genetics can contribute to your HSA in 2025 is $4,300 for individuals and $8,550 for families.

Higher Flexible Spending Account (FSA) limit

The maximum contribution amount for a Health Care or Limited Purpose FSA will increase in 2025. Any Health Care or Limited Purpose FSA balances up to $640 will carry over to your 2025 FSA, but only if you re-enroll for 2025. The carryover amount that will be applied to the 2025 plan year will also increase.

The contribution limit for the Dependent Care Reimbursement Account will not increase, and there is no balance carryover.

How to Enroll

Enroll on the Oracle Self Service website any time of day or night.

Do I need to enroll?

If you don't take action during Open Enrollment, your current coverage will continue at the new contribution amounts, except for the Health Savings Account (HSA) and Flexible Spending Accounts (FSAs). You must actively enroll in the HSA or FSAs each year to contribute to those accounts.

Once Open Enrollment ends on November 8, you will not be able to change your benefits until the next Open Enrollment period, unless you have a Qualifying Life Event.

Action Required:

If you are enrolled in Voluntary Life, Critical Illness, Accident or Identity Theft coverage, you must log in to Oracle Self Service to update your covered dependent designations.

Enrolling is easy!

The Oracle Self Service website will guide you through the benefits enrollment process every step of the way.

Decision Support

Choosing the right benefit plans is important. Our decision support resources will help you understand your options and select the ones that provide the right coverage and value for you and your family.

  • Benefits Selection Tool – Not sure how to start the benefits enrollment process? Ask ALEX! This online benefits expert can help you pick the right plans and explain any terms or concepts you don’t understand.
  • Benefits appointments – Schedule a time to meet one on one with a member of the Myriad Genetics operations team and get answers to your Open Enrollment benefits questions.
  • 2025 Contribution Rates – View your cost for health care coverage in 2025.

TIP: Think about the whole cost.

When choosing a medical plan, it’s important to think about the whole cost of coverage — the amount you’ll spend out of your paycheck, as well as out of your pocket (copays, deductibles, and coinsurance).

Benefit Options

During Open Enrollment, you can enroll in the following benefits for 2025.

Medical

The following plans are available for 2025:

  • Regence BCBS PPO High Deductible Plan CDHP and SelectHealth PPO High Deductible Plan CDHP (Utah only)
  • Kaiser Permanente HMO CDHP (California only)
  • Regence BCBS HPN CDHP (not available in all areas)
  • Regence BCBS Traditional and SelectHealth Copay (Utah only)
  • Kaiser Permanente HMO Copay (California only)
  • Regence BCBS HPN Copay (not available in all areas)
  • HMSA Hawaii Copay (Hawaii only)

New for 2025: Acupuncture will now be covered if you enroll in a Regence or SelectHealth medical plan.

HMSA Hawaii Copay

The HMSA Hawaii Copay plan is available in addition to the medical plans shown below. Refer to the Employee Contributions section for additional information.

Use this interactive side-by-side plan comparison to compare your 2025 medical plan options.

Regence BCBS PPO High Deductible Plan CDHP and SelectHealth PPO High Deductible Plan CDHP Kaiser Permanente HMO CDHP (California Only) Regence BCBS HPN CDHP Regence BCBS Traditional and SelectHealth Copay Kaiser Permanente HMO Copay (California Only) Regence BCBS HPN Copay
HSA features
HSA-eligible Yes Yes Yes No No No
Company contribution to HSA $500 for employee-only coverage or $1,000 if you cover dependents $500 for employee-only coverage or $1,000 if you cover dependents $350 for employee-only coverage or $800 if you cover dependents None None None
Annual deductible (individual/family)
In-network $2,000 / $4,000 $2,000 / $4,000 ($2,800 per person in a family) $2,000 / $4,000 $1,000 / $2,000 $0 / $0 $2,000 / $4,000
Out-of-network $3,500 / $7,000 N/A Not covered $1,200 / $2,400 N/A Not covered
Coinsurance
In-network You pay 20%, plan plays 80% You pay 10%, plan plays 90% You pay 20%, plan plays 80% You pay 20%, plan plays 80% You pay 0%, plan plays 100% You pay 20%, plan plays 80%
Out-of-network You pay 35%, plan pays 65% N/A Not covered You pay 30%, plan pays 70% N/A Not covered
Annual out-of-pocket maximum (individual/family)
In-network $4,000 / $7,150 $4,000 / $7,150 ($4,000 per person in a family) $4,000 / $7,150 $4,000 / $7,150 $1,500 / $3,000 $4,000 / $7,150
Out-of-network $4,500 / $9,000 N/A Not covered $4,500 / $9,000 N/A Not covered
Health care visits: Your costs
Preventive care Covered at 100% in-network, so you pay nothing Covered at 100% in-network, so you pay nothing Covered at 100% in-network, so you pay nothing Covered at 100% in-network, so you pay nothing Covered at 100% in-network, so you pay nothing Covered at 100% in-network, so you pay nothing
Primary care (in-network) You pay 20% after deductible You pay 10% after deductible You pay 20% after deductible $30 copay $20 copay $30 copay
Primary care (out-of-network) You pay 35% after deductible Not covered Not covered You pay 30% after deductible Not covered Not covered
Specialist (in-network) You pay 20% after deductible You pay 10% after deductible You pay 20% after deductible $50 copay $20 copay $50 copay
Specialist (out-of-network) You pay 35% after deductible Not covered Not covered You pay 30% after deductible Not covered Not covered
Behavioral health (in-network) You pay 20% after deductible You pay 10% after deductible You pay 20% after deductible $20 office visit copay* $20 copay $20 office visit copay*
Behavioral health (out-of-network) You pay 35% after deductible Not covered Not covered You pay 30% after deductible Not covered Not covered
Telehealth You pay 20% after deductible You pay 20% after deductible You pay 20% after deductible $20 copay $20 copay $20 copay
Urgent care (in-network) You pay 20% after deductible You pay 10% after deductible You pay 20% after deductible $20 copay $20 copay $20 copay
Urgent care (out-of-network) You pay 35% after deductible You pay 10% after deductible Not covered You pay 30% after deductible $20 copay Not covered
Emergency room visit (in- and out-of-network) You pay 20% after deductible You pay 10% after deductible You pay 20% after deductible $150 copay $100 $150 copay
Prescriptions – up to 30-day supply at retail pharmacy: Your in-network costs
Generic $10 after deductible $10 after deductible $10 after deductible $15** $10 $15**
Preferred Brand $35 after deductible $30 after deductible $35 after deductible $30** $20 $30**
Non-Preferred Brand $60 after deductible $30 after deductible $60 after deductible $70** $20 $70**
Specialty $100 after deductible 20% after deductible (up to $200) $100 after deductible $150** 20% $150**
Prescriptions – up to 90-day supply (mail order or retail pharmacy): Your in-network costs
Generic $25 after deductible $20 after deductible $25 after deductible $37.50** $20 $37.50**
Preferred Brand $87.50 after deductible $60 after deductible $87.50 after deductible $75** $40 $75**
Non-Preferred Brand $150 after deductible $60 after deductible $150 after deductible $175** $40 $175**

*20% after deductible for outpatient or inpatient services.
**Deductible does not apply.

Supplemental Medical

There are no changes for 2025. The following plans are available:

  • Accident Insurance
  • Critical Illness Insurance

Dental

The following plan is available:

  • Delta Dental PPO

Vision

There are no changes for 2025. You may choose to enroll in one of the following plans:

  • VSP Standard plan
  • VSP Enhanced plan

Savings & Spending Accounts

The following accounts are available for 2025:

  • Health Savings Account (HSA) – Increased contribution limits for 2025 ($4,300 for teammate-only coverage or $8,550 if you cover dependents)
  • Health Care Flexible Spending Account (FSA) – Increased contribution limit for 2025 ($3,300)
  • Limited Purpose FSA – Increased contribution limit for 2025 ($3,300)
  • Dependent Care Reimbursement Account – $5,000 ($2,500 for married filing jointly) – No changes for 2025

Life Insurance

There are no changes for 2025. In addition to the basic life and accidental death and dismemberment (AD&D) insurance you receive, which is company paid with no enrollment required, you may enroll in:

  • Supplemental teammate life and AD&D insurance
  • Spouse life and AD&D insurance
  • Dependent life and AD&D insurance

Disability Insurance

There are no changes for 2025. You automatically receive short-term disability and long-term disability insurance at no cost to you, with no enrollment required.

Voluntary Benefits

We have some additional options to help you and your family. Consider if you want any voluntary benefits coverage next year:

  • Farmers GroupSelect — Gives you access to personal insurance policies, including home, renter’s, landlord’s rental dwelling, condo, car, recreational vehicle, and boat.
  • Carrot – Provides access to exclusive resources designed to make fertility care more accessible to everyone.
  • Care.com – Helps you balance work and home with a membership to help you find quality care for children, seniors, pets, your home, and more.
  • LegalEASE – Covers a wide array of legal services. The legal plan is now offered through LegalEASE.
  • Tuition Assistance - Student Debt Program – Provides a company-funded payment to help offset your qualified higher education student loan. Myriad Genetics also offers a Tuition Reimbursement program to help you continue your professional development through formal education.
  • PerkSpot Discount Program – Offers exclusive discounts from hundreds of merchants.
  • Wishbone – Personalized Pet plan, wellness options included. New for 2025.
  • Allstate Identity Protection + Cyber – Now get comprehensive identity monitoring and fraud resolution, plus award-winning cyber protection designed to help you protect yourself and your family against today’s digital threats.

Eligibility

All active regular full-time teammates who are scheduled to work 30 or more hours per week are eligible to participate in the full Myriad Genetics benefits program. Part-time employees may enroll in the 401(k) and Farmers GroupSelect plan.

You may also cover your eligible dependents under Myriad Genetics’ medical, prescription, dental, vision, and life benefits.

Your eligible dependents include:

  • Spouse/partner (same or opposite gender)
  • Your child(ren) and the child(ren) of your covered spouse/partner (up to age 26)
  • Children with disabilities who became disabled on or before age 26

Employee Contributions

To review your 2025 premiums, log in to Oracle Cloud HCM Self Service.

Medical

Monthly Contributions Regence BCBS PPO High Deductible Plan CDHP and SelectHealth PPO High Deductible Plan CDHP Kaiser Permanente HMO CDHP Regence BCBS HPN CDHP Regence BCBS Traditional and SelectHealth Copay Kaiser Permanente HMO Copay Regence BCBS HPN Copay HMSA Hawaii Copay
Employee Only $111.00 $111.00 $88.00 $218.00 $217.00 $149.00 $217.00
Employee + 1 $271.00 $272.00 $197.00 $483.00 $483.00 $342.00 $483.00
Family $423.00 $421.00 $301.00 $689.00 $687.00 $489.00 $689.00

Dental

Monthly Contributions Delta Dental PPO
Employee Only $24.00
Employee + 1 $46.00
Family $65.00

Vision

Monthly Contributions VSP Standard VSP Enhanced
Employee Only $5.45 $9.64
Employee + 1 $10.88 $19.23
Family $17.51 $30.99