2020 Open Enrollment

Enroll October 28–November 10, 2019

Open Enrollment is your once-a-year opportunity to make changes to your benefits and ensure they continue to meet your evolving needs. Take time to explore Lam’s selection of benefits. Then choose the programs that are right for you.

Be Sure to Enroll by November 10

If you don’t enroll, you will have the same medical, dental, and vision plans you had in 2019, you will not have a Health Care or Dependent Care Flexible Spending Account (FSA), and your Health Savings Account (HSA) employee contribution amount will be reset to zero. In addition, your current HSA balance will not be transferred to ConnectYourCare (CYC).

Made up your mind?

When you are ready, log in to PlanSource to enroll.

Enroll Now

What you need to do What you need to know If you take no action during Open EnrollmentTips for Using the Enrollment SiteOpen Enrollment presentations

ClipboardWhat You Need to Do

  • Review all the health and wellness, financial, and work/life benefits Lam offers, and think about how your needs may be different for 2020.
  • Review 2020 per-pay-period costs.
  • Attend an Open Enrollment presentation.
  • Enroll in your benefits for 2020. You can log back in to the site at any time to change your benefits elections from Monday, October 28 through Sunday, November 10.
  • Add or remove covered dependents, as needed.
  • If you contribute to the Dependent Care Flexible Spending Account, Health Care Flexible Spending Account, or Health Savings Account, elect your contributions for 2020. Your current elections will not roll over into the new year. 
  • If you currently have an HSA at HSA Bank with access through WageWorks, give your authorization to transfer your account balance to CYC, or opt to keep it at HSA Bank. Follow the link from the PlanSource enrollment site.
  • Change or add beneficiaries, if necessary.
  • Print a copy of your enrollment confirmation, and keep it for your records.

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LightbulbWhat You Need to Know

For 2020, you will have the same choices for benefit plans as last year. You will see a slight increase in your contributions for medical, dental, and vision coverage.

Plan Enhancements

  • Anthem plan participants will have access to a new fertility support program through Anthem partner WINFertility. Get tailored fertility assistance and coaching from a nurse care manager who will help you understand treatment options, assist with choosing providers, and provide an individualized care plan—along with emotional support. In addition, the lifetime fertility benefit maximum will increase to $20,000 beginning in 2020.
  • The autism spectrum disorders (ASD) program gives Anthem plan members access to dedicated case managers to build a custom care plan for your child, help you find available services, and link your child’s treatment providers together for better collaboration.
  • The acupuncture benefit for Anthem plan members has increased from $1,000 per year to 24 visits per year.
  • UV protection for eyeglass lenses is now included in the VSP Base Plan and VSP Enhanced Plan.
  • The annual benefit maximum for participants in the Delta Dental Premium Plan will increase from $2,000 to $2,500. The lifetime limit for orthodontia in the Premium Plan also will increase from $2,000 to $2,500 per child or adult.
  • You can purchase up to $500,000 in supplemental life insurance for your spouse and up to $30,000 for your children.
  • You can order a 23andMe DNA test kit for yourself and one for your spouse or another dependent.
  • The limit for after-tax 401(k) contributions will increase to $30,000.
  • The reimbursement for adoption expenses will increase to $7,000 per child.

Compare Medical Plans

Depending on where you live, you have up to four medical plans to choose from. All the plans cover preventive care at no cost to you, offer coverage for prescription drugs, and provide financial protection in the event of a major illness or injury. 

Take time to consider your needs, your budget, and what’s most important to you—such as paycheck deductions, flexibility in providers, and out-of-pocket costs—before you choose your medical plan.

Are You Enrolled in the Right Plan? 

Answer just a few questions in the medical plan selection support tool, and it can help confirm whether your current plan is aligned with your needs or help you choose among your options. It only takes a couple of minutes and will be time well spent.  

ConnectYourCare (CYC) Replaces WageWorks

To enable benefit enhancements, improve efficiency, and provide a better experience for you, CYC will replace WageWorks as the administrator for these benefits, effective January 1, 2020:

  • Health Savings Account (HSA)
  • Flexible Spending Accounts (FSAs)
  • Fitness Reimbursement
  • Commuter Benefits

For details, including required actions to continue using these benefits, visit the CYC transition page.

Save More to Your Health Savings Account

You can save even more in your HSA in 2020. If you have individual medical coverage, you can contribute a maximum of $2,250 ($50 more than in 2019). If you cover others besides yourself, you can save up to $4,500 ($100 more). You may also add an additional $1,000 to your HSA if you’re age 55 or older. 

Plus, Lam will contribute $1,300 to your HSA if you have individual coverage or $2,600 if you cover others. The company’s contribution counts toward the IRS maximums. 

Plan for the Unexpected

Open Enrollment is the only time you can enroll in or discontinue critical illness insurance and the group legal plan.  

Use Your 2019 FSA by December 31

Only $500 of your remaining 2019 Health Care FSA balance can roll over into 2020. You must incur eligible expenses by December 31, 2019, and claim expenses by March 31, 2020, or you will lose any balance above $500.

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If You Take No Action During Open Enrollment

  • You will not be able to contribute to a Health Care or Dependent Care FSA.
  • You will be enrolled in the same medical, vision, and dental plans you had in 2019, with the same dependents (if eligible). If you waived health care coverage in 2019, you will continue to have no health care coverage in 2020.
  • Your current HSA balance will remain at HSA Bank and will not be transferred to CYC. You will pay a $4.45 monthly service fee (and a $25 account closing fee if you decide to transfer your balance from HSA Bank later).
  • Your HSA employee contribution amount will be reset to zero until you elect to change it. Lam will make contributions to your new CYC HSA account.
  • You will be enrolled automatically in the applicable short-term disability plan (VDI for California employees and STD for all others). 

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Tips for Using the Enrollment Site

The PlanSource enrollment site has been updated. These are some of the differences from last year’s site:

  • The site is set up like a shopping site. You can view your benefit plan choices by clicking on the Shop Plans button. When you’ve made your benefit election, click the Update Cart button.
  • If you want to decline a plan, click the blue text below the Update Cart button that says “Decline <type of coverage>.”
  • Benefit plans are divided into two categories: Election Required and Plans to Review. You cannot complete enrollment unless you’ve made an election or declined coverage for the plans in the Election Required section.
  • The Plans to Review section includes several important benefit choices, too, including the opportunity to select your HSA contribution amount if you will be enrolled in a CDHP in 2020.  
  • You must click Checkout at the bottom of the page to save your benefit elections and complete enrollment.

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Open Enrollment Presentations

Consider attending an optional benefits presentation in Fremont, Livermore, or Tualatin—or by Skype—to learn about Lam benefits and get answers to your questions.

Fremont Campus

Tuesday, October 22 10–11 a.m. PT
1:30–2:30 p.m. PT
Wednesday, October 23 10–11 a.m. PT
12–1 p.m. PT

If you cannot attend one of the Fremont meetings in person, you may participate via Skype meeting:

Livermore Campus

Tuesday, October 29 5–6 p.m. PT
6:30–7:30 p.m. PT
Wednesday, October 30 10:30–11:30 a.m. PT
12–1 p.m. PT
CA32Las Positas
Thursday, October 31 6–7 p.m. PT CA31Andromeda

If you cannot attend one of the Livermore meetings in person, you may participate via Skype meeting:

Tualatin Campus

Monday, October 28 10–11 a.m. PT
1–2 p.m. PT
Auditorium, Building K
Auditorium, Building K
Tuesday, October 29 1–2 p.m. PT
4:30–5:30 p.m. PT
7–8 p.m. PT
Auditorium, Building K
Warehouse, Building L*
Auditorium, Building K
Thursday, October 31 4:30–5:30 p.m. PT
7–8 p.m. PT
Warehouse, Building L*
Auditorium, Building K
Friday, November 1 10–11 a.m. PT Auditorium, Building K

If you cannot attend one of the Tualatin meetings in person, you may participate via Skype meeting:*

* There is no Skype access for the meetings held in Warehouse Building L.

Other Locations

See the Fremont, Livermore, and Tualatin listings for times and information to join by Skype.

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