Page 3 - 2016 Enrollment
P. 3
Zydus Pharmaceuticals (USA) Inc.
Life Change Events and
Medical/Prescription Drug Coverage Changing Your Benefit
Medical Coverage Selections Mid-Year
Medical beneits will continue to be provided by UnitedHealthcare. Zydus Pharmaceuticals health plans
allow for Special Enrollment periods for
In 2016, we will offer the same plan design as 2015: a qualiied high life events (marriage, divorce, birth or
deductible health plan, accompanied with a health savings account adoption of a child, change in spouse’s
employment or death). It is your
(HSA). Additionally, Zydus will contribute funds into HSA accounts responsibility to notify Human Resources
on behalf of employees who are enrolled in the QHDHP and within 30 days of the event. Failure to
possess an HSA account. More details are available in this guide notify Human Resources within 30 days
about the 2016 medical plan design, the advantages of having an will prohibit you from adding dependents
HSA account, and your employer seeding beneit. to your beneits.
It is also your responsibility to notify
Employee contributions for medical and prescription drug coverage Human Resources if you have a
will continue to be made on a pre-tax basis. dependent who no longer meets eligibility
criteria.
New medical ID cards will be distributed for those enrolling into Dependent children can be covered up
the medical plan for the irst time in 2016, or for those making to age 26, regardless of student and/
changes to their existing coverage levels, such as adding or removing or marital status. You must notify HR
dependents. New ID cards will be mailed to you prior to the within 60 days if your covered child is no
longer a dependent. Zydus will then offer
January 1, 2016 effective date. continuation of coverage through COBRA.
Prescription Drug Coverage
Prescription drug coverage is administered by UnitedHealthcare.
Once you’ve satisied your deductible, you will pay for prescription
drug coverage based on three copay tiers. Prescriptions can be
purchased from retail pharmacies or by mail order. When obtaining
prescriptions from a retail pharmacy, you must provide your medical
ID card. The charts on the following page provide an overview of
the medical and prescription drug plan that will remain in effect for
the 2016 plan year.
3
Life Change Events and
Medical/Prescription Drug Coverage Changing Your Benefit
Medical Coverage Selections Mid-Year
Medical beneits will continue to be provided by UnitedHealthcare. Zydus Pharmaceuticals health plans
allow for Special Enrollment periods for
In 2016, we will offer the same plan design as 2015: a qualiied high life events (marriage, divorce, birth or
deductible health plan, accompanied with a health savings account adoption of a child, change in spouse’s
employment or death). It is your
(HSA). Additionally, Zydus will contribute funds into HSA accounts responsibility to notify Human Resources
on behalf of employees who are enrolled in the QHDHP and within 30 days of the event. Failure to
possess an HSA account. More details are available in this guide notify Human Resources within 30 days
about the 2016 medical plan design, the advantages of having an will prohibit you from adding dependents
HSA account, and your employer seeding beneit. to your beneits.
It is also your responsibility to notify
Employee contributions for medical and prescription drug coverage Human Resources if you have a
will continue to be made on a pre-tax basis. dependent who no longer meets eligibility
criteria.
New medical ID cards will be distributed for those enrolling into Dependent children can be covered up
the medical plan for the irst time in 2016, or for those making to age 26, regardless of student and/
changes to their existing coverage levels, such as adding or removing or marital status. You must notify HR
dependents. New ID cards will be mailed to you prior to the within 60 days if your covered child is no
longer a dependent. Zydus will then offer
January 1, 2016 effective date. continuation of coverage through COBRA.
Prescription Drug Coverage
Prescription drug coverage is administered by UnitedHealthcare.
Once you’ve satisied your deductible, you will pay for prescription
drug coverage based on three copay tiers. Prescriptions can be
purchased from retail pharmacies or by mail order. When obtaining
prescriptions from a retail pharmacy, you must provide your medical
ID card. The charts on the following page provide an overview of
the medical and prescription drug plan that will remain in effect for
the 2016 plan year.
3
