Welcome to your 2025 Annual Enrollment
Enroll for 2025 benefits from November 5–14, 2024.
Annual Enrollment is your once-a-year chance to review your health and insurance benefit options and elect the coverage that is best for you and your family for the year ahead.
New Hires
Welcome to Polysius! We are proud to offer a rich benefit package. Be sure to review all of the benefits options available to you and your family.
Enroll Now
Make your benefit choices within 31 days of your start date. Click on the button below when you are ready to enroll in or decline benefits.
Important
During Annual Enrollment, take time to review your current benefit elections, make any changes for 2025 or enroll in new coverage. If you are currently enrolled and choose not to make 2025 benefit elections, you and your family will be enrolled in the same coverage you have today at 2025 rates.
Your benefit elections will take effect on January 1, 2025 and will remain in effect through December 31, 2025. Make your decisions carefully: you can only make changes during the year if you experience a qualifying event.
2025 Benefit Highlights
Same benefits, with required IRS updates
Polysius is pleased to provide you with the same benefit options you have now in 2025, with very few changes. You will continue to have access to a suite of comprehensive benefit options so that you can choose what’s best for your situation.
You will see the following changes to your benefits in 2025:
Savings Plan
Due to IRS requirements, the annual deductible for the Savings Plan is increasing (+$50 in-network for single coverage, +$100 in-network for family coverage). This plan features a Health Savings Account (HSA), which offers many tax advantages, but because of those tax advantages, the IRS imposes rules on the plans, such as setting the minimum annual deductible. Note that we are keeping the deductibles in this plan as low as permitted.
To help offset the increasing deductible, the IRS is increasing the amount you are permitted to contribute to your HSA each year (+$150 for single coverage, +250 for family coverage). So if you enroll in the Savings Plan for 2025, you may want to consider increasing your contribution to the HSA.
Important Things to Consider
As you prepare for Annual Enrollment, you may want to consider the following for 2025:
Disability and Life Coverage: When was the last time you reviewed your coverage for Disability and Life insurance? Log in and review your benefits to make sure you have the coverage you need should the unexpected happen.
Supplemental Coverage: You can purchase supplemental coverage through Allstate that pays benefits in the event of accidents, hospital stays, and critical illness. Take a look at this coverage to see if it’s the right fit for you. If you had this coverage in the past but dropped it, take another look this year.
Your Medical Plan Options
For medical benefits, you will continue to be able elect coverage under three plans.
Savings Plan
BCBS PPO with Health Savings Account
This is a health plan that uses the traditional provider network, but is attached to a Health Savings Account (HSA), which allows you to save money tax free each year. The company also makes a front-load contribution to help you start building that savings momentum. Your account is yours to control and grows tax free like a 401(k), so whether you choose to spend the money this year or let it grow for the future, you’ll be saving on taxes.
The contributions and investment growth is tax free if you spend it on eligible healthcare related expenses or wait until you retire to withdraw the funds. This is a special plan that only works if you don’t have any other health coverage.
- Polysius Contribution:
$500 single | $1,000 family
Assistance Plan
BCBS PPO with Preloaded Health Care Account Balance
This is a health plan that focuses on helping you keep more of your paycheck and covering your initial healthcare costs each year. The per paycheck premium for a plan like this is lower than the other two options. In addition, the company gives you a starting balance in your Health Care Account (HCA) each year to cover your first doctors’ visits and prescriptions. Each January, the company makes another deposit, adding to your balance. Your account balance doesn’t expire, but if you use it all up, you’ll be responsible for the costs until you reach your deductible.
This plan is a good match for people and families who don’t think they’ll have high medical expenses, and want medical coverage in case something happens.
- Polysius Contribution:
$750 single | $1,500 family
Blue Plan
BCBS PPO with High Premium
This plan offers no additional account like an HSA or HCA to help cover the costs of eligible benefit expenses. However, the deductible is lower than in the other two plans and features copays for prescriptions and office visits, which means that plan coverage kicks in sooner. Make sure to review the per paycheck premium, as you will pay more out of your paycheck for this type of coverage. Just because it costs more doesn’t mean that it’s the best coverage for you.
Important Dates
Here are some important dates in the weeks ahead:
- November 5 – 14
Review your choices, enroll for benefits, verify dependents, and complete additional forms - January 1, 2025
Your benefit elections take affect and go through December 31, 2025
tkna Benefit Guide
Get full details about your Polysius 2025 benefit options here. Password required — see your HR Department for more information.
