What’s new & changing?
MANAGING THE ONGOING RISE OF HEALTHCARE COSTS
While Dolby continues to focus on offering cost-effective solutions and educational resources to help us all do our part to keep our benefits affordable, we are not immune to emerging cost pressures. Overall healthcare utilization, healthcare staffing shortages, the prevalence of cancer diagnoses, new high-cost drugs, and overall medical inflation are driving cost increases nationally. As a result, the Cigna medical plans will increase by ~8%, while the Kaiser HMO will increase by ~20%. Dental premiums will see increases of up to 6%, depending on plan and tier. The cost for vision coverage will remain unchanged. Dolby remains committed to managing costs and providing meaningful coverage options without sacrificing quality.
YOUR PETS ARE FAMILY, TOO
We know your four-legged (or feathered) family members mean the world, so Dolby is making sure they’ve got access to care through Airvet! This 100% Dolby-paid benefit saves you time and money by providing unlimited 24/7 virtual veterinary care covering everything from urgent health concerns to routine pet care. Activate your benefit at join.airvet.com/getstarted.
INCREASED IRS LIMITS
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Health Savings Account (HSA) contribution limit increase to $4,150 for employee-only medical coverage and $8,300 for employee + dependent medical coverage (employees who are age 55+ can contribute an additional $1,000)
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Healthcare Flexible Spending Account (HCFSA) contribution limit increase to $3,200
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The Dependent Care Flexible Spending Account (DCFSA) will stay at $5,000
Remember that you must enroll in the Healthcare and/or Dependent Care FSA(s) each year you plan to participate.
