Your 2021 Commvault Benefits
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Your 2021
Commvault Benefits
1
Important!
Be sure to take action
between November 2 and
November 16 to elect
the benefits you
want for 2021!
Open Enrollment is November 2–16, 2020.
We are pleased to continue offering you and your family comprehensive and competitive health care plans.
For 2021, we are introducing several additional resources, so we encourage you to take the time to review the
information included in this brochure so you and your family can take full advantage of the new options. You
can also find plan details at benefits.commvault.com.
With that said, as the world is changing around us, Commvault is changing too. In our planning for the year
ahead, it’s important that we as an organization respond to our rising health care benefit costs to ensure the
long-term sustainability and affordability of our program for both you and Commvault. We are committed to
offering affordable coverage and will continue to cover the vast majority of your benefit costs. However, after an
extensive analysis, we identified the need to make some changes to our medical plans to be more in line with
the market.
We will continue to offer the same three medical plan options as we do today. However, in 2021 the Choice Plus
Savings Plan will remain free for employee only coverage, but you will be required to make a contribution if you
cover any dependents. Inside, you will find details about your medical plan options so you can decide which is
the best choice for you and your family in the upcoming year.
This year’s Open Enrollment is an active enrollment, which means you must elect all the benefits you want
to have for 2021. The only benefits that will roll over to 2021 are supplemental life insurance and spouse/child
life insurance. If you don’t take action, you will not have benefits coverage in 2021.
Our benefits are focused on caring for the whole you — this includes your physical, emotional and financial
health. COMMVAULT CARES — wherever you are, our benefits and programs are here to support your total
wellbeing.
2
What’s New for 2021
Your 2021 Medical Plans
You will have the same three medical plans to choose from, with some important differences. Those plan
features that are changing for 2021 are highlighted in red.
Choice
Choice Plus Preferred (PPO) Choice Plus Savings
Exclusive (EPO)
In-Network Out-of-Network In-Network Only In-Network Out-of-Network
Deductible
$500/$1,000 $1,000/$2,000 $0/$0 $3,000/$6,000* $5,000/$10,000*
(Individual/Family)
Coinsurance You pay 10% You pay 30% You pay 0% You pay 10% You pay 40%
Out-of-Pocket
Maximum $3,000/$6,000 $6,000/$12,000 $3,000/$6,000 $4,000/$8,000** $7,000/$14,000**
(Individual/Family)
Preventive Care $0 30% after deductible $0 $0 40%
Primary Care Office $25 copay 30% after deductible $20 copay
Visit
Specialist Office
$50 copay 30% after deductible $40 copay
Visit
Emergency Room You pay in full until You pay in full until
$150 copay $150 copay $150 copay
Visit the deductible has the deductible has
been met; then been met; then
Outpatient Surgery 10% after deductible 30% after deductible $150 copay the plan pays 90% the plan pays 60%
and you pay 10% and you pay 40%
Hospitalization 10% after deductible 30% after deductible $300 copay until you reach until you reach
the out-of-pocket the out-of-pocket
Prescription Drug maximum maximum
Retail
(up to 31 days)
Generic $10 $10
Not covered
Preferred Brand $45 $45
Non-Preferred $90 $90 Applies to medical Applies to medical
Brand and prescription and prescription
drug costs drug costs
Mail Order
(up to 90 days)
Generic $20 $20
Not covered
Preferred Brand $90 $90
Non-Preferred $180 $180
Brand
*If you cover dependents, the entire family deductible must be met before the plan will begin to pay benefits
**If you cover dependents, the entire family out-of-pocket maximum must be met before the plan will cover costs at 100% for the remainder
of the calendar year.
3
Spotlight on the Choice Plus Savings Plan
Although there are changes to the Choice Plus Savings Plan, there are still plenty of advantages to enrolling in
this plan option. Here is an overview of how the plan will work in 2021.
Non-Preventive Care
Preventive Care
Deductible Coinsurance Out-of-Pocket
Maximum
You still get all your The amount you pay The percentage you pay The total amount you
in-network preventive before the plan begins for the cost of care. will pay out-of-pocket
care at no cost. to pay benefits. in calendar year.
For non-preventive care, After meeting the You’re protected with
you pay the full cost of deductible, you pay only an annual limit on your
care until you meet the 10% of your expenses. spending. Once you
deductible. With the meet this limit, the plan
changes, the plan starts pays 100% of costs for
paying your expenses the remainder of the
sooner, with a lower calendar year. Both
deductible. the deductible and
coinsurance apply.
Save money by using your HSA to pay for
your health care with tax-free dollars!
The Triple Tax Advantage of the HSA
Don’t forget about the tax advantages to contributing to and using an HSA to pay for eligible health care
expenses.
Money goes into your account Money grows tax-free Money stays tax-free when
tax-free. through interest and you spend it on eligible
You contribute pre-tax dollars, investment earnings. health care expenses.
which helps reduce your Your account balance earns When you withdraw funds, it’s
taxable income. interest tax-free. Once you tax-free, as long as you use
have a minimum balance the funds for eligible medical,
For 2021, you can contribute:
($1,000), you can choose dental, and vision expenses.
• $3,600 for individual
from a variety of available Or, you can save the money
• $7,200 for family
investment funds. for future health care
Plus an additional $1,000 if expenses, even in retirement.
you’re age 55 or over
Remember! The money is yours to keep. Your account balance rolls over each year and you can take the
account with you if you retire or leave Commvault.
4
What’s the Right Medical Plan for You
With the changes to the plan designs and contributions, it might be a good time to re-evaluate your current
needs, review your plan options, and decide if you need to make any changes for 2021.
“Pay Now” or “Pay Later”
As you consider your medical plan options, you need to look at the whole picture. You share in the cost of
coverage in two ways: through payroll contributions and when you receive care. Think about when you want to
pay for care — would you prefer to pay more out of your paycheck and less at the point of care, or less out of
your paycheck and more if, and when, you need care?
Through Employee Contributions At the Point of Care
Choice Plus Preferred (PPO)
Choice Exclusive EPO (In-network coverage only)
Choice Plus Savings
Not sure which plan is best for you? NEW prescription management
Ask ALEX! programs
As your virtual benefits counselor, ALEX The Commvault medical plans include
can help you compare plans and figure out coverage for prescription drugs. For 2021, we
which one may offer the best value for your are introducing several programs, such as Prior
expected health care needs. Just answer Authorization, Step Therapy, Opioid Utilization
a few questions to get a personalized Management and High Value Exclusion,
recommendation. Get started at to ensure you receive the most clinically
www.myalex.com/commvault/2021. appropriate and cost-effective medication.
You will be contacted by UnitedHealthcare by
mail in November if you are affected by any of
these programs.
5New Supplemental Medical Plans
To help keep you and your family protected from the financial impact of expensive medical care, Commvault is
introducing two new options to supplement your primary medical coverage. These plans make a great addition
to the Choice Plus Savings Plan, giving you an extra layer of protection at an affordable price — along with
priceless peace of mind. These plans are employee-paid and enrollment is voluntary.
Get to know your new supplemental coverage options
Accident Insurance Hospital Indemnity Insurance
What it is Coverage for off-the-job accidental Coverage for expenses related to
injuries and related medical expenses hospital services
What it covers • Hospitalization • Hospital
• Fractures • Outpatient
• Dislocations • Nursing
• Surgical procedures • Transportation
• Physical therapy • Physician services
• Ambulance
• And more
Benefit amount Varies depending upon the type of Varies depending on the type and length
injuries you have and the type of of hospital care you need
treatment you need
How it works Lump-sum payment directly to you; you Lump-sum payment directly to you; you
get to decide how to spend the benefit get to decide how to spend the benefit
See it in action
Consider this example: You fall and break your leg, needing an ambulance ride, emergency room visit, surgery,
hospital stay, numerous doctor appointments, and physical therapy. While you’re recovering, you need extra
help with housekeeping, child care, and grocery shopping.
Your primary medical plan pays your providers: Accident insurance pays you:
Covering the majority of your medical bills, but you’ll Giving you extra cash on hand to
be responsible for the plan deductible, coinsurance, help pay your medical bills as well as
or copays, up to your plan’s out-of-pocket maximum. any other expenses you may face as
a result of your accident.
6New Value-Added Benefits
We’re expanding our benefits program to include valuable programs that support your everyday needs. When
choosing your benefits for 2021, consider how these new options may help you save money and achieve your
financial goals. These plans are employee paid and enrollment is optional.
Legal Assistance
MetLife Legal Plans offers you convenient and affordable access to a nationwide network of attorneys. Once
enrolled, you can request legal services on an as-needed basis for a wide range of personal legal matters,
including will preparation, real estate, divorce, civil litigation, debt collection, adoptions, and much more.
Auto and Home Insurance
Through the MetLife Auto & Home insurance program, you can save money with discounted group rates on
personal insurance policies, including auto, home, renter’s, and more. You’ll receive no-obligation quotes and
competitive cost comparisons.
Student Loan Refinancing
Student debt is a burden for millions of Americans. Commvault has partnered with CommonBond to give you
access to preferred lending terms, which could save you thousands of dollars, when refinancing your student
loan. And, you’ll receive a $200 cash bonus when you apply!
Don’t forget that Commvault also offers tuition reimbursement. You are eligible to be reimbursed up to $5,250
each calendar year to help pay for an undergraduate or graduate degree program that’s relevant to your current
job or helps qualify you for future opportunities within our organization.
7Dental and Vision Plans
You’ll have the same dental and vision options for 2021. Here is an overview of these benefits.
Dental coverage details
Delta Dental DeltaCare USA Plan
PPO/Premier Plan (DHMO)
In-Network Out-of-Network In-Network Only
Individual/family
None
deductible (applies to basic $50/$150
and major services)
Annual maximum benefit $1,500 None
You pay $0 or copay
Preventive services You pay $0
based on schedule
Basic services You pay 10%, plan pays 90% You pay 20%, plan pays 80% You pay $0 or copay
based on schedule
Major services You pay 40%, plan pays 60% You pay 50%, plan pays 50% Cost varies by procedures
You pay 50%, plan pays 50%
Implants Not covered
Separate lifetime maximum of $1,500
You pay 50%, plan pays 50% Covered with restrictions for
Orthodontia coinsurance/
Children up to age 26 children and adults
lifetime maximum
Separate lifetime maximum of $1,500
Vision coverage details
EyeMed Vision Plan
In-Network Out-of-Network
Exam
$0 copay Up to $40 covered
(once every calendar year)
Prescription glasses (once every calendar year)
• Single vision $0 copay Up to $40 covered
• Lined bifocal $0 copay Up to $60 covered
• Lined trifocal $0 copay Up to $80 covered
• Standard progressive lenses $50 copay Up to $60 covered
• Premium progressive lenses $70–$95 copay Up to $60 covered
Frames $130 allowance for a selection of Up to $91 covered
(once every calendar year) frames plus 20% discount on the
amount over the allowance
Contact lenses (instead of glasses) Conventional: $0 copay; $130 Up to $105 covered
(once every calendar year) allowance; 15% off balance over $130
Up to $210 if medically necessary
Disposable: $0 copay; $130 allowance
8Your 2021 benefits at a glance
Your Commvault benefits provide support and
resources for your total well-being. Make sure you’re
taking full advantage of them in 2021.
Your Health Your Money
Medical Life Insurance
NEW! Supplemental Medical Disability Insurance
Dental Employee Stock Purchase Plan
Vision 401(k) Plan
Tax-advantaged
HSA and FSAs
Your Life
NEW! Legal Plan
NEW! Auto & Home Insurance
NEW! Student Loan Program
Tuition Reimbursement
Employee Perks
EAP
Learn more about all of your Commvault
benefits at benefits.commvault.com.
9It’s Time To Enroll
Open Enrollment is November 2–16, 2020.
This is your opportunity to update your Commvault benefits for 2021! There are some important changes
coming next year, so be sure to review what’s new before making your enrollment decisions.
Remember! You MUST actively enroll during Open Enrollment to have benefits in 2021. Your 2020 benefits will
not roll over so you must take action; otherwise the only coverage you will have is supplemental life coverage
for yourself and spouse/children (if you currently have this coverage today).
LEARN what’s changing DECIDE which plans will best ENROLL in your 2021 benefits
for 2021 by reviewing this fit your needs for next year. through your Workday Inbox
brochure, then go to Need help? Visit ALEX, your starting November 2. Don’t
benefits.commvault.com virtual benefits counselor, at forget to make your elections
for more information about all www.myalex.com/ by November 16. Remember:
your benefits. commvault/2021. Your current elections DO NOT
automatically continue in 2021.
Enrollment checklist
As you prepare to enroll in your 2021 benefits, here are some things to think about:
Do you want extra financial protection from an unexpected accident or hospital stay?
Consider adding supplemental accident or hospital indemnity insurance.
Do you want to save money by paying for eligible health care or dependent care expenses with
tax-free dollars? Consider contributing to an HSA and/or FSA.
Will your family have the financial support they needed if something happened to you or your spouse?
Consider supplemental life insurance.
Do you see braces in your child’s future? Consider a Delta Dental plan.
Are there any legal matters you’d like to attend to next year, such updating your will or refinancing your
mortgage? Consider the MetLife Legal Plan.
102021 Bi-Weekly Paycheck Contributions
Medical
Choice Plus Choice Plus Preferred Choice Exclusive
Savings Plan (PPO) Plan (EPO) Plan
Employee only $0.00 $100.00 $70.00
Employee + 1 $23.48 $215.00 $155.00
Employee + 2 $35.21 $280.00 $200.00
Employee +3 or more $46.95 $382.55 $287.71
Dental
Delta Dental PPO/Premier Plan DeltaCare USA Plan (DHMO)
Employee only $8.32 $4.64
Employee + 1 $16.60 $9.27
Employee + 2 $23.46 $13.38
Employee +3 or more $26.42 $14.77
Vision
EyeMed Vision Plan
Employee only $3.66
Employee + 1 $6.65
Family $10.34
11One Commvault Way
Tinton Falls, NJ 07724
Open Enrollment is
November 2-16, 2020
Take action to choose your
2021 benefits.
2021 Open
Enrollment is Coming!
Look inside to learn what’s new for 2021
12You can also read
