Annual Enrollment 2025

What’s New for 2025

Annual Enrollment is your chance to choose your benefits for the 2025 calendar year. There are minor changes to our plans. Please see highlights noted below.

Medical inflation averaged between six and eight percent this year, however, largely due to you taking care of your health, our medical plan premiums will increase by only two percent for 2025. In addition, we’re pleased to announce that there are no increases to your cost for dental or vision coverage.

• Medical Plan: Deductibles and out-of-pocket maximums will increase for both the Advantage and Standard PPO. You will receive new medical ID cards reflecting new deductible and out-of-pocket maximums.
• Virtual Visits: Due to expiration of the IRS provision in place during COVID, virtual visits under both medical plans will now be subject to deductibles and coinsurance when you use MDLive and in-network providers.
• Health Savings Account (HSA): IRS annual maximum contribution limits are increasing as follows:
  • Individual: $4,300 ($150 increase)
  • Family: $8,550 ($250 increase)

  You MUST enroll in the HSA to receive the company contribution ($250 Employee only / $500 Family) funded in January. You do not need to contribute to qualify for the company contribution.

• Flexible Spending Account Limit Increases: The Healthcare Flexible Spending Account annual contribution limit increases to $3,300.  The maximum carry-over amount will increase to $660 for tax year 2025.  These new limits apply to general Healthcare FSA and the Limited Purpose HCFSA.
• Adoption Assistance: We’re pleased to offer a new adoption benefit, providing up to $10,000 of reimbursement for eligible adoption-related expenses per adoption, starting on or after January 1, 2025. Stay tuned for more information.
• Prescription Drug Updates: The prescription drug formulary, which reflects covered medications, is updated several times throughout the year. Remember to review it periodically to confirm coverage of your current and future medications. Beginning in 2025, weight loss medications will require prior authorization before your prescription will be filled or refilled. If you are impacted by this change you will receive information from BCBS. You may also contact BCBS Health Advocacy Solutions for questions on medications that require prior authorization.
• Student Debt Retirement Savings Program: CF will treat employees’ monthly student loan repayments as retirement contributions and provide a match that will go into employees’ 401(k) accounts after the end of the plan year. This employer’s contribution is subject to the Plan’s 6% matching limit, which means that employees who already receive the full 6% match for their 401(k) contributions, will not receive an additional matching contribution for their student loan repayments.Student loans that qualify for this program represent federal or private loans from U.S.-based loan service providers and used to pay for employees’ own, their spouses or for their dependents’ undergraduate or graduate higher education.

NEW Adding coverage for a dependent during Annual Enrollment?

If you are adding a dependent to coverage during Annual Enrollment, you will need to provide documentation such as a marriage certificate, birth certificate, etc., to support your dependent’s eligibility.

Learn About 2025 Annual Enrollment

As part of your Total Rewards, we offer market competitive benefits at affordable prices — plus the flexibility to personalize them to meet the needs of you and your family.

You can enroll in the following benefits during Annual Enrollment:

• Medical
• Dental
• Vision
• Health Savings Account (HSA)
• Flexible Spending Accounts
  • Health Care FSA
  • Limited Purpose Health Care FSA
  • Dependent Care FSA
• Voluntary Life Insurance

Decide if You Need to Enroll

This is a passive enrollment, which means that, with the exception of the Flexible Spending Accounts and Health Savings Account (HSA) elections, most of your benefits will roll forward to next year.

 However, you should take action during Annual Enrollment if you want to:

• Enroll in or change your current medical, dental or vision elections for 2025. This includes adding or dropping dependents.
• Contribute to the Health Care, Limited Purpose Health Care or Dependent Care Flexible Spending Your 2024 election amounts will not carry forward to 2025.
• Elect to contribute to the Health Savings Account (HSA) for 2025, if eligible. Your 2024 election amount will not carry forward to 2025. Also, you MUST enroll in the HSA to receive the employer contribution (i.e. $250 for employee only or $500 for family coverage).
• Evaluate your voluntary life and AD&D needs and decide if you want to change your coverage. During this Annual Enrollment you can enroll in or increase your and your spouse’s voluntary life. If you add or increase your voluntary employee or spouse life coverage, evidence of insurability (EOI) is required.

Who is Eligible?

Regular, full-time employees are eligible to participate in the CF Benefits programs. You can also enroll your legally married spouse and your (or your eligible spouse’s) legal dependent child(ren) up to the age of 26.

Annual Enrollment is your yearly opportunity to enroll in benefits for the following year, make changes to your current elections or add/drop dependents. These choices are effective Jan. 1 through Dec. 31 of the following calendar year. Annual Enrollment is the only time employees can enroll in or make changes to their benefits, unless you experience a qualified change in life status, such as marriage or birth of a child.