Teradyne, Inc. · NASDAQ:TER
Teradyne — Investor Presentation (October 2021)
23 slides from Teradyne's investor presentation, October 2021
Slide 1: 2022 Enrollment Presentation
2022 Enrollment Presentation
Slide 2: It's Time to Enroll for 2022 Benefits
It’s Time to Enroll for 2022 Benefits Annual Enrollment: October 25 – November 9, 2021 Teradyne offers a variety of benefits for our diverse workforce. • Annual enrollment is your once-a-year opportunity to make new benefit elections for the coming year. • Now is a good time to take a fresh look at
Slide 3: What's New for 2022
What’s New for 2022 2 TERADYNE
Slide 4: What's New for 2022: Supplemental Medical Plans
What’s New for 2022 New! Supplemental Medical Plans Supplemental medical plans are not medical coverage. Instead, you can pair them with your medical plan, giving you extra protection when it comes to your out-of-pocket costs. These plans pay a cash benefit to you that you can use any way you like.
Slide 5: How supplemental medical benefits work
How supplemental medical benefits work Extra protection when you need it most Accident Plan This plan pays cash benefits for treatment related to an accidental injury, like initial care, follow up care, dislocations, fractures, lacerations and many more. The plan pays a flat amount based on the seve
Slide 6: New! Identity Theft Protection
What’s New for 2022 New! Identity Theft Protection You and your dependents could be at risk for identity theft – regardless of your stage in life – through data breaches, malware, phishing, mail theft, and ATM overlays, among other common criminal techniques. This year, Teradyne is introducing LifeL
Slide 7: Medical Plan Rate Changes
What’s New for 2022 Medical Plan Rate Changes • Medical costs increase by varying amounts every year, based on experience and trend. “Experience” means the actual claims Teradyne pays, and “trend” means the overall claims Blue Cross Blue Shield & Kaiser pays for all companies they administer. • Empl
Slide 8: Resources for Maximizing Value
$ Resources for Maximizing Value 7
Slide 9: Teradyne Resources to Maximize Your Benefits Value
Teradyne Resources to Maximize Your Benefits Value $ Value to You Don’t overspend on coverage; use the Teradyne Healthcare Choice of plans Calculator to find the plan that fits you best Combining a lower-cost, higher deductible medical plan with New supplemental medical supplemental medical coverage
Slide 10: Choice of Plans
Choice of Plans $ Teradyne Healthcare Calculator: Powered by Fidelity Try it for yourself! Visit www.teradyne.com/benefits • Select your coverage level • Estimate your expected medical expenses – model various scenarios • Get a plan recommendation based on the data you input • See the projected valu
Slide 11: Medical + Supplemental Medical Coverage
Medical + Supplemental Medical Coverage $ An example of the power of combined coverage Consider Emma: Family history of cancer, individual coverage* Emma has a family history of breast cancer. Although she 32, healthy and her screenings have been clear, she wants to be sure she’s financially ready i
Slide 12: A Strong Network
A Strong Network $ Know where to go for care Telemedicine Doctor’s Office Urgent Care Emergency Room Use it for A common, non- A condition that doesn’t A condition that needs A life-threatening or emergency medical issue need immediate attention immediate care but is not potentially crippling that c
Slide 13: Preventative Care at No Cost to You!
Preventative Care at No Cost to You! $ Tests Cancer screenings Counseling blood pressure, diabetes, including mammograms quit smoking, eat healthy, cholesterol and colonoscopies treat depression Vaccinations Kids Healthy pregnancy COVID-19, flu, well-baby & well-child counseling, screenings, pneumon
Slide 14: Tax-advantaged Accounts
Tax-advantaged Accounts $ Pay eligible expenses tax-free with an HSA or FSA FOR HEALTH CARE EXPENSES WHO IS ELIGIBLE? WHO CONTRIBUTES? Health Savings Account (HSA) Employees enrolled in: Teradyne: $700 individual/$1,400 Health Investment Plan with dependent coverage HSA Unlimited Employees: ba
Slide 15: Wellness Resources and More
Wellness Resources and More $ For those enrolled in a BCBS plan Qualified Fitness Program Qualified Weight Loss Program Receive up to $150 annually for membership or fitness Receive up to $150 annually for participation in a class fees: qualified program: • At a full service health club with cardiov
Slide 16: Wellness Resources and More: Grand Rounds
Wellness Resources and More $ Get the best care possible with Grand Rounds Grand Rounds is here to help and is offered to Teradyne employees enrolled in a BCBS-MA or Kaiser medical plan and their immediate and extended family at no cost. Grand Rounds provides expert medical opinions, treatment decis
Slide 17: Wellness Resources and More: Castlight
Wellness Resources and More $ Castlight puts medical information at your fingertips • Clearly see what’s covered by your plan, how much services will cost, and where you’ve spent your healthcare dollars. ‒ Review your family’s visits in an easy-to-read format ‒ See what you paid and why • Search rat
Slide 18: Get Ready to Enroll
Get Ready to Enroll 7 TERADYNE
Slide 19: Your Benefit Options At-a-glance
Your Benefit Options At-a-glance Annual Enrollment: October 25 – November 9, 2021 Medical Disability Coverage You’ll continue to have access to the following • Short-Term Disability plans with prescription drug coverage through ‒ Basic: fully paid by Teradyne Express Scripts for the BCBS medical pla
Slide 20: Need Help Figuring it All Out?
Need Help Figuring it All Out? We have resources to make it easier. • Teradyne Open Enrollment Website: www.teradyne.com/benefits • Plan Comparisons and Summary Plan Descriptions: www.teradyne.com/benefits • New Aetna Supplemental Health Voluntary Benefits: www.teradyne.com/benefits • Castlight Heal
Slide 21: How to Enroll
2022 Annual Open Enrollment How to Enroll The decisions you make during Open Enrollment affect your whole family, so we encourage you to carefully consider the options available. You can access Teradyne’s benefits information at www.teradyne.com/benefits. Once you’ve determined the benefits that are
Slide 22: What Happens If You Don't Enroll?
2022 Annual Open Enrollment What Happens If You Don’t Enroll? Be sure to update your benefit elections between October 25 – November 9, 2021. If you don’t take action during Open Enrollment, your current 2021 benefits will carry over into 2022 except your elections for the following: • Health Saving
Slide 23: Questions?
Questions? 22 TERADYNE