US 2024 Benefits Open EnrollmentOpen Enrollment is your annual opportunity to take a fresh look at your benefits to ensure they fit your needs for the upcoming year. You can enroll and make changes to your benefits such as changing your medical plan or updating your covered dependents. After Open Enrollment, you won't be able to make changes to your 2024 benefits until next year's enrollment period unless you experience a mid-year qualifying life event.
When is 2024 Open Enrollment?
Monday, November 6, 2023 to Friday, November 17, 2023.What benefits are available for election?
Selecting the right coverage and plans for your unique needs is important. Below are the benefit options available to enroll in or change for 2024.
Category |
Benefit |
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Pre-tax Accounts |
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Life Insurance |
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Additional Benefits |
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What's changing for 2024?
- UnitedHealthcare (UHC) will replace Cigna for our medical and pharmacy coverage, and the following plans will be available to you:
- Open Access
- High Deductible Health Plan (HDHP)
- UnitedHealthcare (UHC) will replace HMSA for our Hawaii medical and pharmacy coverage
- Premium cost share will increase for medical plan coverage and continue to be primarily subsidized by Databricks
- The HDHP's deductibles will increase due to IRS mandates
- In-network deductible will increase to $1,600 individual/$3,200 family
- Out-of-network deductible will increase to $3,200 individual/$6,400 family
- Databricks' HSA annual contribution will be adjusted to $1,120 individual/$2,240 family
What do I need to do?
- Review what's changing for 2024, benefit plan summaries, and new IRS contribution limits for 2024
- Attend medical carrier on-site and virtual office hours during Open Enrollment
- Log in to Workday (accessible via Okta) to:
- Review your home address, covered dependents, and Life & AD&D beneficiaries
- Make your benefit elections by following the instructions below:
- Submit your 2024 Open Enrollment elections by 5:00 PM PST on Friday, November 17
What happens if I don't take any action?
If you don't take action in Workday during Open Enrollment:
- Your current elections will carry over to next year, except
- Employees currently enrolled in Cigna and HMSA (Hawaii only) will be automatically enrolled in the equivalent UnitedHealthcare (UHC) plan with the same coverage level
- Your current Flexible Spending Account (FSA) and Health Savings Account (HSA) elections will not rollover, you must re-elect FSA and HSA during Open Enrollment to participate as of January 1, 2024
- You will automatically be enrolled in the following company-sponsored plans:
Category |
Benefit |
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Life Insurance |
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Disability Insurance |
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Additional Benefits |
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Need Help? Ask ALEX!
ALEX, our confidential, virtual support tool, can assist you in making informed benefits decisions and finding the plan that best fits you and your family's needs.
Get started now! Try ALEX!
Questions?
Email peopleops@databricks.com to submit a ticket via FreshService
Resources
Watch this Overview Video (3:33 mins)
Questions?
Email peopleops@databricks.com to submit a ticket via FreshService
Watch this Overview Video (3:33 mins)
Questions?
Email peopleops@databricks.com to submit a ticket via FreshService
Open Enrollment is the time to review how much you would like to contribute pre-tax to a FSA and/or HSA to cover any eligible health and dependent care expenses in the upcoming year. Which account is right for me? HSA vs FSA
Flexible Spending Accounts (FSAs)
Flexible Spending Accounts (FSAs) allow you to set aside pre-tax dollars to pay for eligible health and dependent care expenses. Our FSAs are administered by HealthEquity and there are three accounts to choose from.
FSAs |
Who can enroll? |
What is the account for? |
2024 Contribution Limit |
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Bricksters who work at least 30 hours per week. Enrollment in a health insurance plan is not required to participate. |
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$3,200 |
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Limited Purpose FSA |
Bricksters who are enrolled in the UHC HDHP medical plan |
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$3,200 |
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Dependent Care FSA |
Bricksters who care for:
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$5,000 per household, for married couples who file their taxes jointly (or $2,500 for married individuals filing separately) |
NOTE: If you are currently enrolled in a Healthcare FSA and elect the UHC HDHP for 2024, any unused Healthcare FSA funds that are eligible will rollover into a Limited Purpose FSA for 2024.
Health Savings Accounts (HSA)
You must be enrolled in the UHC High Deductible Health Plan (HDHP) to be eligible for a Health Savings Account (HSA). An HSA offers the opportunity for you to set aside pre-tax money to pay for out-of-pocket eligible health care expenses. Our HSA is administered by HealthEquity.
- If you are currently enrolled or will be enrolled in the UHC HDHP for 2024, you must also be enrolled in the HSA plan with HealthEquity
- 2024 IRS maximums are listed below:
- Individual: $4,150
- Family: $8,300
- Age 55+: $1,000 catch-up contribution
- Databricks will contribute to your HSA up to $1,120 for individuals and $2,240 for families. The HSA employer contributions are prorated based on your coverage effective date and will be funded per paycheck.
Remember: You may update your HSA contributions at any time during 2024.
The table below shows how much you will contribute out of each paycheck (24 pay periods) for medical, dental, and vision coverage.
* The IRS states that the fair market value for domestic partner coverage is taxable to you as an employee. For additional questions, consult with your tax counsel. Domestic Partners are not eligible on the UHC PPO (HI) plan.
Additional Information
- Health Care FSA/Limited Purpose FSA: $3,200
- Dependent Care FSA: $5,000 per household
- Health Savings Account (HSA): $4,150/individual and $8,300/family
- Commuter Benefit: $315/month for parking and transit
- 401(k): Deferral limit is $23,000; catch-up contribution for those age 50 or older is $7,500
- UHC Open Access SBC
- UHC HDHP SBC
- Kaiser HMO (CA) Benefit Highlight
- Kaiser HMO (CA) Chiropractic Summary
- Kaiser HMO (CA) SBC
- UHC PPO (HI)
- Delta Dental
- VSP Vision
- Lincoln Financial Basic Life and AD&D Benefit Summary
- Lincoln Financial Voluntary Life and AD&D Benefit Summary
- MetLife Legal Plan (Plus Parents)
- Carrot Family Planning Benefit Guide