Now’s the time to ensure your benefits are evolving with your needs. Unless you experience a qualifying life event, Open Enrollment is your only opportunity to make plan changes, add or drop coverage for dependents, or enroll in a new plan.

Enroll November 1–14, 2021

Take a few minutes to explore all the benefits available to you for 2022. Then, choose the ones that will best meet your needs. You can also watch a recorded session or view the presentation slides [PDF] to learn more.

If you don’t enroll, you will have the same medical, dental, and vision plans you had in 2021, 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.

Ready to enroll?

Enroll now

Who’s eligible for benefits

If you’re a full-time or part-time regular status Lam or Silfex employee who works 20 or more hours per week, you’re eligible for Lam benefits. Your spouse or domestic partner and children may also be eligible.

Definition of eligible spouse

Definition of eligible domestic partner

Definition of eligible children

What you need to do

What’s new and changing

Lam has upgraded several existing plans and added some new programs that can enhance life for you and your family. Here’s what’s new and changing.

New: Health Advocate

New: Comprehensive identity theft protection

More coverage for teeth, eyes, and ears

Voluntary supplemental medical benefits

Enhanced legal support

Elective fertility preservation

More HSA savings

Updated paycheck contributions

Expecting a baby in 2022?

If you enroll in the new hospital indemnity plan, you’ll leave the hospital with a new baby and extra cash.

Things to consider

Compare medical plans

Prepare for the unexpected with voluntary supplemental medical benefits

Claim your 2021 FSA expenses by March 31

Save money with LifeMart

If you take no action during Open Enrollment

  • You will not be able to contribute to a Health Care or Dependent Care FSA in 2022.
  • You will be enrolled in the same medical, vision, and dental plans you had in 2021, with the same dependents (if eligible). If you waived health care coverage in 2021, you will continue to have no health care coverage in 2022.
  • Your HSA employee contribution amount will be reset to zero until you elect to change it. Lam will continue to make contributions to your HSA.
  • You will be enrolled automatically in the applicable short-term disability plan (VDI for California employees and STD for all others). 

Tips for using the enrollment site

  • The site will display your benefit options with a button that says View or Change Plan (if you have an election carrying over from 2021) or Shop Plans (if you do not yet have an election for 2022). Click the button to see your benefit plan choices. 
  • When you’ve made a new 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>
  • Be sure to add your dependents to each plan as you select your benefits. Simply adding dependents to PlanSource in step 2 does not enroll them in benefits. To ensure each family member is enrolled, review Family Covered under each benefit.
  • You must click Checkout at the bottom of the page to save your benefit elections and complete your enrollment.

Open Enrollment virtual presentations

You can watch a recorded session or view the presentation slides [PDF] to learn more about Lam benefits. Your spouse or domestic partner may want to watch, too.

 

Take notice

You’ll find detailed plan descriptions and legally required annual notices on the Plan Documents and Forms page.

Go there now