Resources to help you learn

It’s important to take the time to learn about your benefits and everything they can offer to make sure you choose the right coverage for you and your family. Parexel provides resources to help you learn through virtual sessions and other learning tools.

Use these resources as you prepare to enroll

 

Tools to help you choose

Choosing the right plans matters to your health and your financial well-being. Use these helpful tools as you enroll through the Aptia365 website to select the best options for you and your family.

Use these tools as you enroll

Which plans are best for you? Look for these tools as you go through the enrollment process at Aptia365 — they’ll make it easier to decide.

  • Expert guidance – To see a “best match” package of benefits customized just for you, choose Receive expert guidance when you start enrolling.
  • Plan compare – On the Choose your medical plan page, check the Compare box next to each plan you want to look at, then click the Compare Plans & Estimate Your Cost button to see up to four medical plans side by side.
  • Cost estimator – As you review your options on the Choose your medical plan page, each medical plan shows an Estimated Annual Cost (your contribution rates + out-of-pocket costs for care) based on U.S. averages. You can use the sliders in the Personalize your estimated cost box on the top of the page to adjust these annual cost estimates based on your specific health care needs. You can also estimate your tax savings from using an HSA or FSA.
  • Life and Disability Insurance Estimators – In the Life & Disability section, use the Life Insurance Estimator to estimate how much life insurance coverage you may need to protect your loved ones, and use the Disability Insurance Estimator to help you decide if you need more LTD coverage.
 

Enrollment checklist

Use this checklist to prepare to enroll.

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Learn about your benefit options,

by reviewing this site.

Think about your coverage needs,

including how much health care you anticipate needing and whether your current life and disability insurance provides enough protection.

Make sure your dependent information is correct

and all your dependents are eligible.

Complete your benefits enrollment

within 30 days of your date of hire or within the Open Enrollment period.

If you need to speak with a benefits counselor,

call toll-free 1-866-696-8683.

Think about the whole cost.

When choosing a medical plan, it’s important to think about the whole cost of coverage — the amount you’ll spend out of your paycheck, as well as out of your pocket (copays, deductibles, and coinsurance).

 

Top five questions

  1. Do I need to enroll?
    You are not required to enroll as a new hire or during Open Enrollment if you do not want Parexel benefits coverage. New Hires must enroll within 30 days of your hire date. Open Enrollment takes place in November, and your benefits take effect in January.

  2.  What happens if I don't enroll?
    If you do not enroll within 30 days of your hire date or during Open Enrollment, you will not have Parexel benefits coverage. The only exceptions are your company-paid Basic Life and Accidental Death and Dismemberment (AD&D) insurance, and Short- and Long-Term Disability coverage.

  3. What happens if I don’t enroll?
    If you do not enroll within 30 days of your hire date, you will not have Parexel benefits coverage in 2024.

  4. How are the medical plans different?
    The key difference between the plans is how much you pay in contribution rates and how you pay for services throughout the year. Consider how you prefer to handle costs. For instance, would you rather pay extra from your check for a medical plan that covers more of your costs when you need care, or pay as little as possible from your paycheck — even if that means bigger bills when you need care? Compare the plans here.

  5. What’s the difference between the Health Care Flexible Spending Account (FSA) and the Health Savings Account (HSA)?
    The way the Health Care FSA and the HSA work is largely the same — you contribute to your account through automatic, before-tax payroll deductions, then use the money to pay for eligible health care expenses. However, there are some important differences. For example, all the money in an HSA rolls over year after year and is always yours to keep. And you can change your HSA contribution amount during the year whenever you want. Compare the accounts here.

  6. I have questions about my benefits. Whom do I contact?
    Call Aptia365 at 1-866-696-8683, Monday through Friday between 7 a.m. and 9 p.m. Benefits counselors are available to help you understand your options and make the right choices for your needs and budget. You can also chat online with a benefits counselor on the Aptia365 website.