2026 OPEN ENROLLMENT Highlights
Open Enrollment will run from November 24th - December 8th
“Passive” Open Enrollment
This year’s open enrollment is PASSIVE, which means that if you do not make any changes during open enrollment, your current medical, dental, and other benefit elections will remain in effect for the upcoming plan year (January 1, 2026 through December 31, 2026).
If you want to enroll in any voluntary benefits that are being offered for the 2026 plan year, you must make those elections and complete the appropriate enrollment forms during open enrollment.
In accordance with IRS regulations, if you want to participate in the Flexible Spending Accounts (FSA/DCFSA), Health Savings Account (HSA), or Transit Benefit account for the upcoming plan year, you MUST make those elections during open enrollment. Your current elections for these plans DO NOT roll over from year to year.
Benefits Member Advocacy Center
The Benefits Member Advocacy Center (MAC), provided by our benefits consultant, Conner Strong & Buckelew, allows you to speak to specially trained and experienced Member Advocates who can assist with your benefits questions and concerns. To contact the Benefits MAC Team, call 800.563.9929 or go to connerstrong.com/ memberadvocacy
Important Updates for 2026!
• There will be no carrier changes for the 2026 plan year. Cigna and Delta Dental will remain the carriers for medical/Rx, vision, and dental.
• Torcon remains committed to offering our employees and their families the most comprehensive benefits available and maintaining very rich plan designs. As the result of that commitment, we have not made any change to the medical plan designs in many years. That said, in the face of rising healthcare costs, there will be minor changes made to the Cigna medical plan designs for 2026.
• Due to IRS regulations, the deductible on the Cigna High Deductible Health Plan (HDHP) will be increasing to $1,700 for the individual and $3,400 for the family in 2026.
• The in-network maximum out-of-pocket limit on the Open Access POS plan will be increasing to $3,000 for the individual and $9,000 for the family in 2026. This benefit has not been increased since 2014.
• There will not be an increase to employee healthcare contributions for 2026.
• UPDATE! Flexible Spending Accounts are moving from WEX to Flex Facts.
Don’t forget! BenePortal
BenePortal is a valuable online resource that houses all our benefit program information. It’s your one-stop-shop for:
• All benefits-related information and downloads including plan summaries and detailed plan documents
• Quick links to carrier websites
• Enrollment forms
• And much more!
You and your family can access BenePortal anytime at www.torconbenefits.com
Medical/Pharmacy Plans
Cigna
Both Medical & Prescription plans will continue to be offered through Cigna for the 2026 plan year.
UPDATE!
• Due to IRS regulations, the deductible on the High Deductible Health Plan (HDHP) will increase to $1,700 (individual) and $3,400 (family).
• The in-network maximum out-of-pocket limit on the Open Access POS Plan will increase to $3,000 (individual) and $9,000 (family).
Price Assure Powered by GoodRx
If you are enrolled in one of the Cigna medical plans, you will have access to Price Assure powered by GoodRx! GoodRx pricing is available for many commonly used non-specialty, generic medications (filled in a 30-day or 90-day supply) at any in-network retail pharmacy. All you need to do is present your Cigna ID card, and behind the scenes, Price Assure will compare the GoodRx price (when available) versus the benefit price and ensure you pay the lower amount.
Additionally, any amount you pay out-of-pocket for a covered drug using Price Assure will count towards your deductible and maximum out-of-pocket amounts.
Health Savings Account
Cigna/HSA Bank
There will be no carrier change and the HSA will remain with Cigna/HSA Bank.
UPDATE! The maximum contributions allowed into the Health Savings Account (HSA) for 2026 are as follows:
• Individual Employee: $4,400
• Employee + 1 or More: $8,750
You never pay taxes on money when it is used to pay for IRS qualified medical expenses.
Please visit the IRS website for a full list: www.irs.gov/ forms-pubs/about-publication-969
Vision Plan
Cigna
There will be no changes to the Cigna vision plan for the 2026 plan year.
Dental Plan
Delta Dental
There will be no changes to the Delta Dental plan for the 2026 plan year.
Flexible Spending Accounts Flex Facts
EXCITING NEWS! We are pleased to announce that Flex Facts will serve as our new Flexible Spending Account (FSA) administrator beginning January 1, 2026. This partnership is designed to enhance your experience with streamlined access, faster reimbursements, and an easy-to-use online portal.
• The Healthcare FSA is used to reimburse out-ofpocket medical expenses incurred by you and your dependents. The maximum you can contribute to the Healthcare FSA in 2026 is $3,400
• The Dependent Care FSA is used to reimburse expenses related to the care of eligible dependents. The maximum that you can contribute to the Dependent Care FSA is $7,500 if you are a single employee or married filing jointly. If you are a married employee filing separately the maximum you can contribute is $3,750
Please Note! The 2 1/2 month Grace Period, and the 90-day run-out for the 2025 plan year will be administered by WEX. If you have unused funds from 2025, new claims incurred during the grace period should be submitted to WEX to exhaust that balance. Additionally, run-out claims that were incurred before the end of the plan year (December 31, 2025) should be submitted to WEX for processing.
Transit Benefits Account
Flex Facts
The Transit Benefits Account is a reimbursement account that allows you to pay for work-related transit expenses using pre-tax payroll deductions taken from your paycheck. The maximum amount you can elect to contribute is $340 per month.
Unlike an FSA or DCFSA, there is no use-it-or-lose-it rule. Any unused funds from your transit account may be carried over to subsequent plan years. Eligible transit expenses include vouchers, passes, and tokens for buses, trains, rail, subway, ferries, and vanpooling costs.
For more information on your Flexible Spending Account (FSA) or Tranist Benefits Account please visit www.flexfacts.com or call 877.943.2287
Voluntary Life and AD&D
NY Life
There will be no changes to the current Voluntary Life and AD&D plan for the 2026 plan year.
Employee Assistance Program ComPsych
• Employee Assistance Program: You and your family members have access to various counseling services including legal, financial, and work-life balance assistance. The Employee Assistance Program provides a maximum of three (3) sessions, per issue, per year.
• Guidance Resources: When you need information quickly to help handle life’s challenges, you can visit www.guidanceresources.com for resources and tools on topics such as health and wellness, legal regulations, family and relationships, work and education, money and investments, and home and auto.
• Well-Being Coaching: You will have access to a certified coach who will work with you, one-on-one, to address health and well-being issues such as time management and coping with stress. You have access to five (5) sessions per year. All sessions are conducted telephonically.
• Family Source: You have access to family care service specialists that provide customized research, educational materials, and prescreened referrals for childcare, adoption, elder care, education, and pet care.
Employee Assistance and Wellness Support 24/7, simply call 800.344.9752 or visit www.guidanceresources.com (Web ID: NYLGBS).
Voluntary Identity Theft Protection Services
NortonLifeLock
NortonLifeLock benefit plans include comprehensive identity theft protection and a whole lot more! Choose from two different plans: Essential* or Premier*
Monthly Premiums
Benefit Essential
• Employee Only: $8.99
• Employee + Family: $17.98
Benefit Premier
• Employee Only: $14.99
• Employee + Family: $29.98
* In order to enroll in this product, you must complete an enrollment form. Please reach out to Patricia McKluskey in Human Resources to secure a copy of the form.
Voluntary Pet Insurance Nationwide
The Nationwide My Pet Protection Plan offers you cash back on eligible vet bills for your covered pets.
• Multiple pet discounts
• Customize your coverage based on the state you live in, pet species, and the reimbursement level you choose
To enroll in the My Pet Protection Plan or for more information, please contact Nationwide directly at 877.738.7874 or online by visiting https://benefits. petinsurance.com/torcon
Additional Information
There will be no changes to the following plans for the 2026 plan year. For additional information on the plans listed below, please reach out to your Human Resources department.
• Chubb: Travel and Accidental Death Insurance
• Unum: Long-Term Disability
• Voluntary Benefit Programs through Aflac: Short-Term Disability, Personal Cancer Indemnity Insurance, Accident Insurance, Hospital Plan, and Specified Health Event