Benefits
Medical Plans
CalOptima Health offers a variety of medical plans to ensure employees and their families have access to quality health care. Options include multiple HMO plans and a High-Deductible Health Plan (HDHP) PPO. Eligible employees enrolled in the HDHP can also open a Health Savings Account (HSA) with employer contributions to help manage out-of-pocket costs.
Dental Plans
Employees can choose between a Dental HMO and a Dental PPO. Coverage includes preventive care, cleanings, exams, x-rays, specialized treatments, and orthodontic services.
Vision Plans
Vision coverage is provided through VSP, with a choice of a base plan or a buy-up plan. These plans cover annual eye exams, prescription lenses, and stylish frames. Employees also receive discounts on eyewear from retailers like Costco, Sam’s Club, and Walmart—supporting both eye health and personal style.
Paid Time Off
CalOptima Health offers Paid Time Off (PTO) to eligible employees for rest, recreation, recovery from illness or injury, and other personal activities. Additionally, the organization observes 13 paid holidays each year (including one floating holiday) to support work-life balance.
Flexible Spending Accounts
Flexible Spending Accounts (FSAs) allow employees to set aside pre-tax dollars to cover eligible out-of-pocket expenses. The Health Care FSA can be used for medical, dental, and vision expenses such as deductibles, copays, coinsurance, and other non-covered costs for you and your tax dependents. The Dependent Care FSA helps pay for daycare, in-home child care, and before- or after-school care for children under age 13 or dependents who are incapable of self-care.
Retirement Benefits
CalPERS
In lieu of Social Security contributions, CalOptima Health and its employees participate in the California Public Employees’ Retirement System (CalPERS), a defined benefit pension plan. Employees are enrolled in either the 2% at 60 (Classic) or the 2% at 62 (PEPRA/New) formula, based on eligibility. Vesting occurs after five years of service with CalPERS or a reciprocal agency.
PARS
457(b) Retirement Savings Plan
Employees may also participate in a voluntary 457(b) Deferred Compensation Plan, which allows pre-tax and/or Roth contributions—similar to a 401(k) in the private sector. There is no employer contribution to this plan. Contributions are voluntary and subject to IRS annual limits.
Additional Insurance
Company-Provided Insurance
CalOptima Health provides employer-paid life and disability insurance to support employees and their families in times of need. Accidental Death and Dismemberment (AD&D) insurance is also included, offering additional financial protection in unexpected situations.
Short-Term and Long-Term Disability
Disability insurance is provided at no cost to employees. Short-term disability offers income replacement during recovery from an illness or injury, while long-term disability provides extended financial protection for prolonged absences from work.
Term Life Insurance
Employees have access to flexible term life insurance options for themselves, their spouses or domestic partners. This benefit helps ensure financial security and peace of mind for your loved ones.
Programs for Career Development
Fellowship
Health Care Administrative Fellowship
Gain hands-on experience in health care administration through our 12-month postgraduate fellowship program. Develop leadership skills while working on impactful projects that shape health care delivery.
Residency
Pharmacy Residency
Our Postgraduate Year 1 (PGY-1) Managed Care Pharmacy Residency program prepares residents with clinical decision-making skills, direct patient care opportunities and hands-on managed care experience.
FAQs
Does CalOptima Health offer telework?
Yes, eligible employees may work from home, provided they have the necessary technology and adhere to company policies.Which holidays does CalOptima Health observe?
CalOptima Health recognizes the following as paid holidays: New Year’s Day, Martin Luther King Jr.’s Birthday, Lincoln’s Birthday, Washington’s Birthday, Memorial Day, Independence Day, Labor Day, Indigenous Peoples’ Day, Veterans Day, Thanksgiving Day, the Day After Thanksgiving and Christmas Day.
What about work-life balance?
We recognize that work-life balance is essential. Our flexible schedules and generous PTO — including vacation, sick leave and personal days — give you the time you need to care for yourself, your loved ones and your personal commitments.Does CalOptima Health support career growth and development?
We invest in our employees through leadership development, mentorship and career seminars to foster professional growth. Additionally, we offer technical training and tuition reimbursement to support lifelong learning and skill-building.What does CalOptima Health do to show appreciation for employees?
We recognize and celebrate our employees’ hard work throughout the year. From Customer Service Week to team-building events like bowling nights, Halloween contests and ice cream socials, we prioritize making our employees feel valued.How does CalOptima Health support diversity, equity and inclusion (DEI)?
Our commitment to DEI is reflected in our efforts to create an inclusive and equitable workplace where diverse perspectives and experiences are valued. Through DEI training, leadership initiatives and health equity programs, we ensure our workforce and services reflect the communities we serve. These efforts reinforce our belief that we are indeed “Better. Together.”
A Great Place to Work
We’re proud to be certified as a Great Place to Work — thanks to the positive feedback from our employees! With 80% of our team saying CalOptima Health is a great place to work — 23 percentage points above the U.S. average — this recognition highlights our commitment to fostering a workplace where everyone feels valued and supported.