Reminder: Open Enrollment begins October 30.
From October 30th - November 12th, you will be able to elect, and/or make changes to your 2025 benefits. After November 12th, you will not be able to elect or make changes to your benefits until next year’s Open Enrollment session unless you experience a qualifying life event.
What is changing in 2025?
We are making changes to our medical plan options including adding/removing plans and adjusting coverage amounts.
Removing PPO 0 & PPO 1500 plan options
Adding PPO 2000 and additional HDHP 8200 plan
Deductible and out-of-pocket maximum changes to PPO 500 and HDHP 4500
Wellbeing changes: Magellan is now offering 6 counseling sessions. Stay tuned for more information on Magellan Healthcare’s 2025 program. Spring Health and Wellhub will no longer be offered as of 1/1/2025.
2025 HSA IRS Contribution Limit Increase
No changes to the Kaiser Medical plan (Hawaii Only)
No changes to dental and vision plans
How does this impact you?
More free counseling sessions through our Magellan EAP!
You can contribute more to your HSA (when enrolled in an HDHP).
You now have access to a lower-cost option with the HDHP 8400 plan.
If you are currently enrolled in the PPO 0 or PPO 1500 plan, you will need to elect a new plan or waive coverage. If you do not take action, we will default enroll you in the most similar plan.
You will likely see an increase in medical premiums for 2025. Several factors have contributed to this, including rising healthcare costs and increased demand for services.
Do I need to enroll?
Yes! We strongly encourage you to review your options and take action as this is your only opportunity to change enrollments for 2025 unless you have a qualifying event. Plan options and rates have changed for 2025. We’re committed to providing you with a range of quality coverage options so you can select the best plan for your needs and budget, and we encourage you to review these options even if you intend to remain enrolled in the same plan.
In the event you do not take action, your current enrollment will carry over into the new year. If you are currently enrolled in a plan that is being removed and you do not make an active election during this Open Enrollment window, action will be taken on your behalf to enroll you in the closest available plan and ensure you are not without healthcare coverage on January 1. If you do not want this automatically done, you must log in to ADP and update your 2025 elections or waive coverage between October 30-November 12. If no action is taken, automatic enrollment will be processed accordingly:
2024 Plan Enrollment | 2025 Defaulted Plan Enrollment |
PPO 0 | PPO 500 |
PPO 1500 | PPO 2000 |
Next steps:
Take the time now to review your current benefit elections by logging into your account at login.Sequoia.com. More resources and information about your 2025 benefits options and the open enrollment process can be found in this Intercom article.
| Key Dates |
2025 Plan information available on Sequoia People Platform | Oct. 23 |
Enrollment Window Opens | Oct. 30 |
Enrollment Window Closes | Nov. 12, 2024 |
Benefits Effective | Jan. 1, 2024 |
Questions?
Contact the Sequoia Advocate team at TrustedHealth@help.sequoia.com