Medical/Rx
Medical rates for 2025 are updated to reflect current market trend. We strongly recommend reviewing the 2025 rates before finalizing your medical plan choice.
Cigna medical plans
- Plan features for all options will stay the same.
Kaiser Permanente HMO medical plan
- Hospital services: The plan will require a hospital-only deductible of $250 per individual or $500 per family. After meeting the deductible, you’ll pay 10% coinsurance for hospital services, replacing the previous $500 copay.
- All other Kaiser HMO plan features will stay the same.
Health Savings Account (HSA)
You must re-elect your HSA contributions each year to participate. Your current elections will not roll over.
For 2025, IRS maximum contribution limits are increasing:
- Individual: $4,300 (currently $4,150)
- Family: $8,550 (currently $8,300)
People aged 55 and older can contribute an additional $1,000 as a catch-up contribution.
The amount you can contribute is offset by the Sprinklr contribution, which is funded quarterly.
Flexible Spending Accounts (FSAs)
You must re-elect your FSA contributions each year to participate. Your current elections will not roll over.
IRS maximum contributions limits are:
- General Purpose Health care FSA and Combination Health care FSA: $3,200 (projected to be $3,300 in 2025). For 2025, any unused funds in your account at the end of the year, up to $640 (projected to be $660 in 2025), will roll over to the 2025 plan year, if you re-enroll in the FSA.
- Dependent Day Care FSA: No changes; the maximum remains at $5,000 per household or $2,500 if married, filing separately. No annual rollover; these funds are use-it-or-lose-it.
Accident, hospital indemnity and critical illness
- Will be administered by Cigna (currently administered by Unum).
- If you are currently enrolled in a Sprinklr Cigna medical plan and also enroll in one or more voluntary health plans, this change brings an important improvement: easier claims processing.
- Claims will be handled automatically (auto-adjudicated), meaning less paperwork for you and quicker resolution.
Basic life/AD&D, voluntary life/AD&D and LTD
- Will be administered by Sun Life (currently Unum).
- Plan features of these benefits will stay the same.
Because of the change in administrators, this is an active enrollment for voluntary life/AD&D coverages. Take advantage of this limited-time offer to secure additional protection for you and your family:
- If you’re currently enrolled below the guaranteed issue (GI) amount, you have a special opportunity to increase your coverage without providing evidence of insurability (EOI) during this period.
- If you are enrolling for the first time, you can choose coverage for yourself, your spouse and your eligible children up to the GI limit with no medical questions asked.
Leaves and STD
- Will be administered by The Larkin (currently Unum).
- Benefit features will remain the same.
If you are on leave or receiving STD/LTD benefits at the end of 2024, Unum will continue to manage your benefits in 2025, ensuring there is no disruption to your leave or payments until your leave and/or benefit period concludes. Any leaves submitted on or after January 1, 2025, will be administered by The Larkin.
New! Kindman male infertility benefits
- Supports U.S. benefits-eligible employees dealing with male infertility.
- Services include semen analysis, consultation with a male fertility specialist, and expert recommendations on next steps.
- The goal is to provide compassionate, personalized care as part of your family-building journey.
More information is coming soon.
New! Optum Financial Wellbeing by BrightPlan
- Financial wellness tool to help manage your money and reduce financial stress.
- Personalized financial advice, budgeting tools, and 24/7 educational resources.
- Get help with debt management, saving for big goals, and retirement planning.
Enhanced! Identity and cyber protection benefits
Allstate Identity Protection will offer even more robust coverage with the addition of its Pro + Cyber benefits. Along with comprehensive fraud monitoring, you’ll also have access to expanded mobile and desktop cybersecurity features, including:
- Cyber protection with military-grade VPN, password manager, and security tools for up to 5 devices (10 with a family plan).
- Privacy monitoring with data breach alerts, robocall/ad blockers, and more.
- Identity and financial monitoring with high-risk transaction alerts.
- Credit monitoring with annual reports, credit lock, and more.
- Identity restoration support with up to $1 million in stolen funds reimbursement and ransomware expenses.
Virgin Pulse: New name, new look, same benefits
- Virgin Pulse will become Personify Health.
- Benefits, account information, rewards, and mobile app will stay the same.
More information is coming soon through email.
401(k) Retirement Plan: New SECURE 2.0 Act features
Starting Nov. 12, 2024, two new withdrawal options will be available under SECURE 2.0 Act:
- Domestic Abuse Withdrawals: Participants who are victims of physical, psychological, sexual, emotional, or economic domestic abuse by a spouse or domestic partner within the past year can self-certify and request a distribution. You can withdraw up to the lesser of $10,000 (indexed for inflation) or 50% of your vested account balance. While the withdrawal is subject to regular taxes, the 10% early withdrawal penalty will not apply. You can also repay the amount within three years to restore your savings.
- Qualified Disaster Withdrawals: If your primary residence is in a federally declared disaster area and you’ve suffered losses, you may take up to $22,000 per disaster as a qualified distribution. This option is retroactive to distributions taken after Jan. 26, 2021. The withdrawal is subject to taxes but is exempt from mandatory withholding. You must take the distribution within 180 days of the disaster declaration date.
Looking ahead:
- Catch-up contributions for ages 60-63: Beginning in the 2025 tax year, participants ages 60 to 63 can contribute the greater of $10,000 or 150% of the catch-up contribution limit for 2024 (indexed).
Stay tuned for additional guidance on SECURE 2.0 provision, expected before Dec. 29, 2025.