Open Enrollment Begins November 11

Announcement

October 28, 2024

Open Enrollment for 2025 benefits will run from November 11 through November 22. Please review the important information below regarding the process and coverage options. This year’s enrollment is passive however, if you contribute to the HSA or either Flexible Spending Plan (HCFSA & DCFSA), you must make an election for 2025 contributions. We encourage you to register for one of our upcoming open enrollment webinars to find out more and ask questions. More information and dates are listed below.

What’s Changing

Since 2022, we have been pleased to maintain employee medical contribution rates, beating the national trend of steady 7-10% premium increases annually. However, as healthcare costs continue to rise, our 2025 employee and employer medical contributions will be increasing.

The HRA plan deductibles will also increase for the first time since 2018. As required by the IRS, HSA medical plan deductibles and voluntary contributions to a Health Savings Account will increase as follows:

HRA deductibles move from $900/$1,800 to $1,000/$2,000
HSA deductibles move from $3,200/$6,400 to $3,300/$6,600
HSA maximum contribution increase to $4,300 for employee only, $8,550 for all other tiers

Virtual Open Enrollment Meetings

To learn more about Intact benefits, the planned changes for 2025 and be fully prepared to make your selections in November, we hope you’ll join one of our virtual Open Enrollment meetings, hosted by HUB International, our benefit program partner. Click on the time of the meeting you’d like to attend to register for one of the open enrollment sessions.

October 29 - 10:00am and 2:00pm EST

A Brainshark presentation is also available for those unable to attend any of the virtual sessions. Or you may view the presentation slides here.

Open Enrollment Resources

Required Notices

Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC. Coverages may be underwritten by one of the following insurance companies: Atlantic Specialty Insurance Company, a New York insurer; Homeland Insurance Company of New York, a New York insurer; Homeland Insurance Company of Delaware, a Delaware insurer; OBI America Insurance Company, a Pennsylvania insurer; OBI National Insurance Company, a Pennsylvania insurer; or The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076. This material is intended as a general description of certain types of insurance coverages and services. Coverages and availability vary by state; exclusions and deductibles may apply. Please refer to your insurance policy or consult with your independent insurance advisor for information about coverages, terms and conditions. Some coverage may be written by a surplus lines insurer through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.