Open Enrollment
This year, we are pleased to announce very few changes to our 2025 benefit plans and minimal increases to your plan costs. Even though our plans are not changing significantly, you may have different needs than last year. Take a moment to review this email as it provides the highlights and be sure to include your spouse or partner in the review if they have input into your family’s benefits decisions.
What’s New or Changing?
Kaiser Medical:
- Primary office visit increasing from $20 to $30 copay
- Specialty office visit increasing from $20 to $40 copay
- Physical, occupational, and speech therapy increasing from $20 copay after deductible to $30 copay after deductible
Anthem HDHP Plan:
- In-network deductible member in a family increasing from $3,200 to $3,300
- In-network out-of-pocket maximum individual or member in a family increasing from $4,000 to $4,250
- In-network out-of-pocket maximum family increasing from $8,000 to $8,500
- Out-of-network out-of-pocket maximum individual or member in a family increasing from $12,000 to $12,750
- Out-of-network out-of-pocket maximum family increasing from $24,000 to $25,500
HSA Contribution Limits:
- Annual HSA contribution limit for individual increasing from $4,150 to $4,300
- Annual HSA contribution limit for family increasing from $8,300 to $8,550
Employer Paid Life / AD&D & Long Term Disability Benefits
- Increasing Basic Life / AD&D benefit from 1x Salary to $150k to 1x Salary to $500k
- Increasing Long Term Disability benefit from 60% to $10k to 60% to $15k per month
What Do I Need to Do?
Review your current plan elections and any changes going into effect for 2025. Your current 2024 plan elections will automatically carry over with the exception of Flexible Spending Accounts (FSAs), you must enroll or re-enroll each year to participate. If you’d like to enroll, change plans or add/drop dependents, you will need to make the necessary changes in Namely by November 15th.
Where Can I Learn More?
Be sure to attend a live or recorded webinar so you can get your questions answered.
Don’t Miss Your Chance to Enroll or Change Your Benefits
Open Enrollment is your annual opportunity to make changes to your benefits for the upcoming year. The elections you make during Open Enrollment will remain in effect January 1 – December 31, 2025 unless you experience a qualified change in status (such as marriage, birth or adoption of a child, etc.).
Take Action!
Everyone must enroll for this year’s Open Enrollment. You need to enroll or decline benefit coverage by the deadline, or you and your family will not have benefits coverage beginning January 1, 2025.
Your Open Enrollment Checklist
Explore Your Synack Benefits
Your benefits needs can change over time. No matter what is happening in your life, it’s important to review all the benefit options during every open enrollment so you can make the best decisions for yourself and your family.
Select Your 2025 Coverage
Decide if you need to make changes to your current benefits, want to enroll in a new plan, or contribute to an FSA or HSA for 2025. If you’re adding any dependents to your coverage, make sure you have all the information you’ll need – date of birth, Social Security number, and supporting documentation.
Enroll in Benefits
Set a reminder on your calendar to enroll early – beginning November 4. Remember, November 15 is the deadline.