Teva provides a range of medical plans you can choose from to best meet your health care needs—and the needs of your same- or opposite-sex spouse, domestic partner and/or dependents. When you elect Teva medical coverage, prescription drug coverage is included through CVS Caremark.
Medical plans
Teva offers five medical plan options—all administered by Meritain Health (an Aetna company). Each medical plan provides access to no-cost Teva medications and preventive care made easy with Livez.
- Automatic HRA credits from Teva for enrolling in the plan.
- Higher deductibles and out-of-pocket maximums, but lower employee premiums (what you pay per pay period) than traditional health plans.
- Unused HRA credits in Option 1 with HRA roll over each year (up to $900 for Employee Only coverage; up to $1,800 for Family coverage); the rollover funds are reduced by the automatic HRA credits provided by Teva.
- If you enroll in Option 2 with HSA for 2026, you will not be allowed to carry over any remaining HRA funds from 2025.
- See the HRA / HSA / FSA / LSA/Commuter page for more details.
- A high-deductible health plan (HDHP) that features a Health Savings Account (HSA) to help you save pre-tax dollars to pay for—and save for—eligible health care expenses today and in the future.
- Automatic HSA contributions from Teva for enrolling in the plan.
- Higher deductibles and out-of-pocket maximums, but lower employee premiums (what you pay per pay period) than traditional health plans.
- A more traditional health plan with lower deductibles and out-of-pocket maximums, but higher employee premiums (what you pay per pay period).
- Teva does not provide an HRA—or a contribution—for Option 3. See the HRA / HSA / FSA / LSA/Commuter page for more details.
- Higher deductibles and out-of-pocket maximums, but lower employee premiums (what you pay per pay period) than traditional health plans.
- Teva does not provide an HRA—or a contribution—for Option 4. See the HRA / HSA / FSA / LSA/Commuter page for more details.
- Zero deductibles. Most health care services are paid with flat-dollar copays, and the employee premiums (what you pay per pay period) are the same as Option 3.
- Teva does not provide an HRA—or a contribution—for Option 5. See the HRA / HSA / FSA / LSA/Commuter page for more details.
2026 Medical Plan Comparison Chart
What to know
- Meritain Health is the administrator of our medical plans—they handle claims, billing and management of our HRAs and Flexible Spending Accounts (FSAs).
- Quantum Health provides access to our Teva Care Coordinators—experts who know our benefits and who are ready to help you with health-related issues and questions (available until December 31).
- Beginning January 1, 2026, Accolade will provide access to our Teva Care Advocates—your personal health care team available to answer your health and benefits questions.
- All Teva medical plans offer in- and out-of-network care for the same health care services (including in-network preventive care at 100%) and feature access to virtual care options.
- Coverage is available for same- or opposite-sex spouses, domestic partners and dependents.
- When you enroll in Option 2 with HSA, you must meet your deductible before the medical plan begins to pay benefits. There is no individual deductible in Option 2 with HSA when you cover one or more dependents. This means that all covered family members combined must reach the $3,400 deductible before the plan begins to pay medical or prescription drug benefits.
- If you change medical plans, HSA funds cannot be rolled over into an HRA, and vice versa.
- Your health plan requires a doctor to obtain pre-certification to confirm the medical reason for certain services or procedures.
- Preventive care (Livez): Access to self‑test screenings, automated appointment scheduling and a personalized preventive care plan—all within one easy-to-platform.
- Telehealth (Amwell, available until December 31): Connect with doctors and mental health professionals via phone or computer through Amwell. If you’re new to Teva, please enter the service code TEVA when creating your account. Starting January 1, 2026, Accolade will provide access to telehealth services.
- MRI, CT and PET scans (US Imaging Network): Save money by scheduling advanced radiology procedures at high-quality, in-network facilities that provide services at a reduced rate negotiated by Teva.
- Virtual second opinions (The Clinic, available until December 31): In partnership with Amwell, get an expert medical opinion (also referred to as a second opinion) through The Clinic, powered by experts at Cleveland Clinic, at no cost to you. This service is available to all Teva employees regardless of medical plan enrollment. Starting January 1, 2026, Accolade will provide access to virtual second opinions for all employees working 20 or more hours per week.
- Virtual physical therapy (Sword Health, available until December 31): In partnership with Amwell, receive support to prevent pain before it starts, repair, recover and regain mobility after an acute injury, manage chronic conditions and prepare for and recover from an operation. Starting January 1, 2026, Hinge Health will provide virtual physical therapy to relieve muscle and joint pain to medical plan enrollees working 20 or more hours per week.
- Voluntary benefits: Select voluntary benefits are designed to complement your medical plan coverage and pay you cash to help offset higher-cost health care expenses under our medical plans. Before you enroll, think about if these voluntary benefits are right for your physical and financial situation.
