Open Enrollment for Employee Benefits is Underway
Open enrollment for the 2024-2025 benefits year runs through Aug. 23, giving you the chance to update your benefit elections, change your participation in medical plans and more.
The array of options reflects Cook Children’s priority in supporting the health and well-being of our employees and families. Elections and/or changes will go into effect on Oct. 1, 2024.
The 2024-2025 Benefits Guide, found on CookNet, highlights several changes for the coming year. We streamlined our selection of medical plans to two -- a health reimbursement account (HRA) and a health savings account (HSA). We also consolidated our dental plans into a single PPO option. We have three salary bands now instead of four, and the ranges of the bands have changed.
Rising costs for health care resulted in higher premiums for our medical plans and vision plan. Know that Cook Children’s remains committed to finding the best offerings to keep our benefits affordable and advantageous in meeting your needs. For instance, we added Oshi Health, a virtual digestive health clinic. We also increased the number of counseling sessions you can receive through our Employee Assistance Program. That’s 10 counseling appointments per issue, per year, at no cost to you.
Our team in Human Resources encourages everyone to carefully read the benefits guide to make the most informed decisions possible. The guide addresses topics such as eligibility, medical, pharmacy, dental, vision, Teladoc, Fidelity retirement plans, leave, disability, life insurance, Flexible Spending Accounts (FSA), CareATC clinics, Occupational Health and additional resources for health and wellness.
PTO Sellback Open Enrollment will be a separate event. If you would like to sell back PTO hours in calendar year 2025, you will now be required to make this election through a PTO Sellback Open Enrollment in Workday. (PTO Sellback will no longer be included in the Benefits Open Enrollment.) The PTO Sellback Open Enrollment will be open Aug. 5 – Dec. 31, 2024. Any hours elected during this time can be sold in 2025 (once the hours have been accrued in 2025).
You can view your current benefits in Workday under Benefits and Pay. During the Open Enrollment period that extends until Aug. 23, you may modify your current benefit elections for the next year. For instance, you could add or remove dependents, or update your beneficiary information.
Visit Workday to enroll or make changes, or call the Benefits Center at 833-938-4154, from 7 a.m. to 7 p.m. Monday-Friday
Want to learn more?
Benefits vendors will be on hand at two Benefits Fairs to answer your questions. The events are Thursday, Aug. 8, from 11 a.m. -4 p.m. at the Medical Center-Fort Worth Atrium and Friday, Aug. 9, from 11 a.m.-2 p.m. at Medical Center-Prosper, Classrooms 1621/1622.
You’re also invited to attend one of our in-person Open Enrollment meetings:
· Thursday, Aug. 8, 2 p.m. in the Family Support Meeting Center
· Tuesday, Aug. 13, 10 a.m. in the Family Support Meeting Center
· Thursday, Aug. 15, 9 a.m. in the PAV Hochberger Auditorium
· Tuesday, Aug. 20, 11 a.m. in the PAV Hochberger Auditorium
A recording of the presentation will also be available on CookNet.