Navigating the 2025 Benefits Open Enrollment: Everything You Need to Know

Navigating the 2025 Benefits Open Enrollment: Everything You Need to Know

Open Enrollment for 2025 is here, and with some exciting updates and changes, it’s essential to be informed about your benefits options. Running from October 28th to November 8th, 2024, Open Enrollment is your chance to review, compare, and choose the best health and wellness plans for yourself and your family. Whether it's understanding new benefits or taking advantage of wellness incentives, here’s a breakdown of everything you need to know for 2025.

Key Enrollment Dates and Resources

• Enrollment Period: October 28 - November 8, 2024
• Enrollment Platform: Access your enrollment through Workday by selecting the task in your inbox.
• Resources:
  • ALEX: The interactive benefits counselor is back to guide you through your options. Visit ALEX’s website for a personalized recommendation.
  • Enrollment Center Counselors: For one-on-one guidance, speak with a counselor by calling 855-252-0703, Monday to Friday, 9 am-6 pm EST.
  • Benefits Microsite: Access the 2025 Benefits Guide, FAQs, and other enrollment resources directly through Workday or the microsite.

What’s New in 2025?

Medical Plans with Important Adjustments:

• Core Plan: Continues as the value plan, but expect increased deductibles and co-pays to offset rising healthcare costs.
• Select Plan: Co-insurance has increased from 15% to 20%, along with changes to Out-of-Pocket (OOP) Max and co-pays.
• Healthy Saver HSA Plan: This High Deductible Health Plan now includes a Preventive Drug List. Medications for conditions like diabetes, high blood pressure, or asthma are covered without the deductible, making it more affordable.

Enhanced Wellness Incentives:

• Earn up to $400 in reductions on medical payroll premiums through active health engagement if enrolled in the Core or Select plan. For those in the Healthy Saver HSA plan, the incentive contributes to your HSA account.

New Program Partners:

• Personify Health replaces Dario, introducing a fresh approach to well-being support.
• SupportLinc now provides Employee Assistance Program (EAP) services, offering resources for personal and family support.

Digital ID Cards:

• Say goodbye to physical cards! Cigna will now provide digital ID cards accessible through the myCigna website or app, allowing you to email or store them in your digital wallet for easy access.

Keeping What Works

• Dental and Vision: Plans remain unchanged, with no rate increases.
• Voluntary Benefits: Access to supplemental plans, such as Life Insurance, AD&D, and Disability Insurance, remains intact, ensuring continued support for your well-being and financial protection.

Understanding Cost Increases and Wellness Incentives

Healthcare costs are rising nationwide, and ATD is sharing this increase. However, participating in wellness incentives can help you lower these costs. The Wellness Incentive Program provides opportunities to reduce your premiums, supporting active engagement in your health.

Important Enrollment Actions

Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA):

• FSAs require re-enrollment each year, while HSA contributions are flexible and can be adjusted throughout the year.

2025 Benefits Guide and Comparison of Rates:

• Use the 2025 Benefits Guide in Workday to compare last year’s rates and updates for this year. It’s essential to review your elections to ensure the best coverage for your needs.

Don’t Miss the Deadline: If you don’t enroll by November 8th, your 2024 elections will carry over, with the exception of FSAs and HSAs, which require re-election.

Frequently Asked Questions

What happens if I don’t enroll by the deadline?

• Your 2024 elections will continue, except for FSA and HSA accounts, which require annual enrollment.

How do I access my HSA account?

• If you enroll in the Healthy Saver HSA plan, you’ll receive account details from HSA Bank before the year ends.

How can I find in-network pharmacies?

• Visit Caremark’s website for a list of in-network options, including popular chains like Walgreens and Costco.

For any additional questions, remember to reach out to the Enrollment Center Counselors at 855-252-0703 or visit the Workday Help Center.

Open Enrollment is a significant event, and understanding the updates for 2025 can help you maximize your benefits. Take the time to explore your options, use the resources available, and make the best choices for a healthier, more secure year ahead.