Health & wellness

Introducing Option 5

We’re offering a new medical plan option. Option 5, a zero-dollar-deductible medical plan that lets you know your costs upfront for health care services. This plan is designed to simplify your experience and help make your finances more predictable.

Mellie for caregiving support

Mellie is a no-cost-to-you benefit that provides extra support for caregivers who are assisting elderly loved ones. Mellie is available now to all Teva employees and includes guidance for in-home care, housing options and medical and insurance services.

Lifestyle Spending Account (LSA)

Teva is reloading your Lifestyle Spending Account (LSA) with $300 for you to spend on eligible wellbeing expenses in 2025. If you have unused funds for 2024, you have until December 31 to spend the money that is currently in your LSA. You have until January 31, 2025 to file for reimbursement for expenses incurred in 2024. Funds will not roll over to 2025.

Financial security

ID Theft moving to TransUnion

Our Identity Theft Protection coverage is moving to TransUnion, which provides the same coverage as Norton LifeLock at lower rates. If you’re currently enrolled in coverage with Norton LifeLock, your benefits will end on December 31, 2024; you’ll need to enroll with TransUnion to continue coverage in 2025.

Introducing Pet Insurance

Pet Insurance through MetLife with several coverage options to help you manage your pet’s expenses. Get flexible and comprehensive coverage for pets, including both accident and illness protection for a wide range of conditions, from broken bones and surgeries to chronic illnesses and hereditary conditions.

Direct Deposits for FSAs

Recent regulations now require the verification of bank accounts for new Flexible Spending Accounts (FSAs) or existing FSAs where the account holder requests to change banking account information. When you add or update your banking details with Meritain Health, a micro-deposit will be made to the new bank account listed. To verify the amount of the micro-deposit, you can log on to Meritain Health, visit their mobile app or call customer service at (800) 566-9305.