[ LEARN WHAT'S CHANGING ]
WHAT’S NEW FOR 2025We are proud to offer a competitive, comprehensive benefits package that creates value and peace of mind for real life. This year, we’re making several changes to ensure you have access to high-quality coverage, while balancing costs.
Review the changes below and keep them in mind when you enroll Oct. 21, 2024 – Nov. 1, 2024, for coverage that begins Jan. 1, 2025.
Medical Plan Updates
With health care costs on the rise, Worthington Steel continues to pay the majority of the cost of care. Below are the monthly contributions for 2025. Please note that deductibles for both plans will increase slightly to comply with IRS regulations.
You can view current year rates on the Medical Plan page.
| HSA BLUE PLAN | HSA GREEN PLAN | |
|---|---|---|
| COMPANY HSA CONTRIBUTION | $1,000 employee only $2,000 all other coverage levels | $750 employee only $1,500 all other coverage levels |
| DEDUCTIBLE | $1,650 employee only $3,300 all other coverage levels |
$2,650 employee only $5,300 all other coverage levels |
| COINSURANCE (in-network) |
80% Company 20% employee |
70% Company 30% employee |
| OUT-OF-POCKET MAXIMUM (in-network) | $3,500 employee only $7,000 all other coverage levels |
$4,500 employee only $9,000 all other coverage levels |
| 2025 MONTHLY EMPLOYEE CONTRIBUTION RATES | ||
| Employee Only | $96 | $35 |
| Employee + Child(ren) | $171 | $62 |
| Employee + Spouse | $210 | $77 |
| Employee + Family | $288 | $104 |
Company HSA Contribution Timing
Learn more about how HSAs work on the Health Savings Account page.
| HSA BLUE PLAN | HSA GREEN PLAN | |||
|---|---|---|---|---|
| Employee only | All other coverage levels | Employee only | All other coverage levels | |
| DEPOSIT 1: JANUARY | $500 | $1,000 | $375 | $750 |
| DEPOSIT 2: JULY | $500 | $1,000 | $375 | $750 |
| TOTAL | $1,000 | $2,000 | $750 | $1,500 |
Introducing Anthem Total Health Connections
Effective Jan. 1, 2025, Anthem Total Health Connections will replace Quantum Health to provide a single, comprehensive health care navigation and support resource. New offerings include:
- Family Advocates – As your family’s designated Anthem contact, Family Advocates can assist with finding a network provider, helping you understand your medical benefits, connecting you with in-house clinical experts and more. To meet your Family Advocate, call 833-824-1434.
- Sydney Health app – Access your medical benefits and Anthem ID card securely and on the go. Get help managing medical claims, reminders about preventive care, insights based on your health history and live expert chat support.
- Additional wellbeing support – Connect to clinical experts, digital physical therapy through Hinge Health, Virtual Primary Care and behavioral health services. You will also be able to view your health screening and blood draw results through anthem.com or the Sydney Health app by selecting the LabCorp tile. Note that if your health screening is completed by the Worthington Industries Medical Center, your results will not be visible on anthem.com or in the Sydney Health app. They will be emailed or mailed to you based on your preference.
Additional information about Anthem’s services and the Sydney Health app will be available in early 2025.
Important Wellness Updates
Also effective Jan. 1, 2025, our wellness year will start and end with the calendar year, making it easier to remember. From now on, the annual blood draw deadline will be Dec. 1. To avoid the No-to-Wellness Surcharge in 2026, you and your covered spouse can complete your health screening with a blood draw between Oct. 1, 2024, and Dec. 1, 2025.
New Life Insurance Administrator: Lincoln Financial
Lincoln Financial will administer our Basic Life, Supplemental Life and Accidental Death and Dismemberment (AD&D) insurance. During this year’s Open Enrollment, you and your eligible spouse have a one-time opportunity to increase your Supplemental Life insurance election up to the guaranteed issue amount (five times benefit earnings up to a $500,000 maximum for employees and $50,000 for spouses) without providing proof of good health through Evidence of Insurability (EOI).
Find details about life insurance coverage through Worthington Steel here.
Discount for Pet Insurance
We will offer discounted pet insurance to help cover veterinary care. Explore your options through Worthington Steel’s exclusive employee discounts, available on our intranet, Engauge, beginning Jan. 1, 2025.
Improved Vacation Accrual Schedule
To remain competitive with the market, we are adjusting our vacation schedule. Employees will earn vacation time more quickly based on years of service, as noted in this table:
| YEARS OF SERVICE | 1 | 2 | 3 | 5 | 10 | 15 | 20+ |
| VACATION HOURS | 80 | 96 | 120 | 136 | 160 | 176 | 200 |
2025 Spending Account Limits
HSA: The combined limit for your contributions and the Company’s in 2025 is increasing to $4,300 for employee-only coverage and $8,550 for all other coverage levels. If you’re age 55 or over, you can make an additional catchup contribution of $1,000.
Review the Health Savings Account page for details.
FSAs: The 2025 IRS contribution limit to the Health Care and Limited Purpose Flexible Spending Accounts (FSAs) is increasing to $3,200. The Dependent Care FSA contribution limit remains $5,000.
Review the Flexible Spending Account page for details.