Open Enrollment

Ready to explore the road ahead? Download the annual benefits guide to learn about your health, financial, and wellbeing benefits and make informed choices during Open Enrollment.

Watch this year's Open Enrollment presentation to learn more about the benefits available to you.

Benefits are offered to all Magna employees regularly scheduled to work an average of at least 30 hours per week and their eligible dependents:

• Legally Married
• Spouse Dependent child under 26

• Contact Health Advocate for one-on-one assistance
  Call 855-556-2060 or download the app; Registration Code: MAGNAINT
• Use the new US Benefits Chatbot for answers to common benefit questions
  Have Questions Regarding US Benefits?

• Health Advocate - Get Started Guide
• Health Advocate - MEP + Mobile App Flyer
• Save the number to your phone: 855-556-2060
• Create an account online: healthadvocate.com/magna
• Send an email: answers@healthadvocate.com
• Download the Health Advocate App; Registration Code: MAGNAINT

• Employees
• Spouses or Partners
• Dependents
• Parents
• Parents-in-law

• Enrollment questions
• Finding a doctor or specialist
• Understanding your benefits and coverage
• Questions about medical bills
• Resolving insurance claim issues
• And much more!

Same great prescription coverage, new vendor name!

• Optum Rx is the pharmacy network that manages your prescription drug coverage.
• RxBenefits is the customer service that helps you find answers and solve pharmacy benefit issues.

Specialty medications for complex, chronic, or rare conditions will be filled through Optum Rx Specialty Pharmacy.

• These medications require special handling and delivery, so they are not usually available at local pharmacies. Optum Rx Specialty Pharmacy helps ensure they are provided safely and correctly.
• Contact Optum Rx Specialty Pharmacy at 1-855-427-4682 or visit Specialty.OptumRx.com.

Some medications require prior authorization before they can be covered under your plan.

• If your current medication has already been approved through Express Scripts, you will not need to go through the process again until your current prior authorization expires.
• If you start a new medication in 2027 that requires prior authorization, you will need to work with your provider to submit the information needed for review and approval.

Deductible: None

Retail - 30-day supply
Generic: 20% ($4 min/$25 max)
Preferred: 25% ($20 min/$60 max)
Non-preferred: 50% ($75 min/$150 min)

Mail Order - 90-day supply
Generic: 15% ($8 min/$50 max)
Preferred: 20% ($40 min/$120 max)
Non-preferred: 50% ($150 min/$300 min)

Deductible: None

Retail - 30-day supply
Generic: 20% ($4 min/$25 max)
Preferred: 25% ($20 min/$60 max)
Non-preferred: 50% ($75 min/$150 min)

Mail Order - 90-day supply
Generic: 15% ($8 min/$50 max)
Preferred: 20% ($40 min/$120 max)
Non-preferred: 50% ($150 min/$300 min)

Deductible: Combined with Medical

Retail - 30-day supply
Generic: 20% after deductible
Preferred: 20% after deductible
Non-preferred: 20% after deductible

Mail Order - 90-day supply
Generic: 20% after deductible
Preferred: 20% after deductible
Non-preferred: 20% after deductible

• Get up to a 90-day supply of eligible medicines
• Have prescriptions shipped to your home
• Manage refills online or in the Optum Rx app

• Generic drugs are just as effective as brand-name drugs
• They cost less and have the same ingredients

If you take daily medication for things like blood pressure, diabetes or cholesterol, you can fill your first three prescriptions at a regular pharmacy. After that, you must switch to mail order or you’ll have to pay the full cost.

View the prescription drug list to find covered products and additional details.

Accidents happen. Accident Insurance helps pay for expenses related to covered accidental injuries and recovery.

Benefits may be paid for things like:

• Broken bones
• Burns
• Emergency room visits
• Ambulance rides
• Follow-up care
• Therapy services

Example Benefits:

• Ground Ambulance: $1,000
• Diagnostic Exam: $750
• Hosptial Observation/Short Stay: $1,000
• Health Screening: $75 annually per covered person

A hospital stay can lead to unexpected expenses. Hospital Indemnity Insurance pays you cash if you or a covered family member is admitted to the hospital due to an illness, injury, surgery, or childbirth.

Example Benefits:

• Hospital Admission: $1,000
• Hospital Stay: $200 per day
• ICU Stay: $500 per day
  

A serious illness can create financial stress. Critical Illness Insurance provides a lump-sum cash payment if you or a covered family member is diagnosed with a covered condition.

Examples of Covered Conditions:

• Cancer
• Heart Attack
• Stroke
• Major Organ Failure

Employees can choose coverage from $5,000 to $40,000. Coverage is also available for eligible spouses/partners and children.

Added Wellness Benefit
Get $75 each year for completing a covered preventive health screening or annual physical.

Through The Hartford's partnership with Pasito, you can receive personalized reminders when your medical spending may qualify for benefits under your Accident, Critical Illness, or Hospital Indemnity plans. Pasito provides claim guidance while maintaining your privacy.

Deductible
(Individual/Family):
$500/$1,000

Deductible
(Individual/Family):
$200/$400

NEW! Deductible
(Individual/Family):
$1,750/$3,500

• Maximum of $3,400
• For qualifying medical expenses, such as deductibles, coinsurance and copays, or doctor visits, prescription medications, and dental and vision care expenses.

To participate you must be enrolled in the High-deductible Health Plan (HDHP) Advantage Plan/Health Savings Account (HSA)

• Maximum of $3,400
• Only covers Dental & Vision costs
• Can be used alongside an HSA

To participate you must be enrolled in the High-Deductible Health Advantage Plan/HSA

As of August 2026, these are the limits for 2027. But just a heads-up—when Open Enrollment starts, the IRS might make a small change to the limit and that limit will be updated accordingly

• Maximum of $7,500
• To help pay for daycare while you’re at work or school. This is not for medical costs for dependents

• NEW! Increased Contribution Amounts:
  • Individual: $4,500
  • Family: $9,000
  • Catch-Up (Age 55+): +$1,000
• Magna Contributes up to:
  • $400 Employee
  • $800 Family
• Deductions taken on pre-tax basis
• Contributions roll over from year to year
• You cannot participate if you are not enrolled in the High-Deductible Health Plan (HDHP) Advantage Plan