Open Enrollment Window: January 12th - 21st
Please make all necessary benefit changes and updates online through Paycom during the Open Enrollment Window (1/12/26 - 1/21/26). All benefit changes will take effect February 1, 2026.
Benefits Overview
MEDICAL PLANS: With three medical plans available—Buy-Up Plan, Mid Plan, and High Deductible Health Plan (HDHP)—you have options to fit your healthcare needs and budget. Each plan offers unique features, including choices between PPO and an HSA option. In addition, our provider network is changing from the Blue Options Network to the Advantage Network for the 2026-2027 plan year. Please review the new network details to ensure your preferred providers are included.
DENTAL & VISION: We are moving our dental and vision benefits to Mutual of Omaha. We have provided a link to the website to search for providers in your area.
ACCIDENT, CRITICAL ILLNESS & HOSPITAL INDEMNITY: We are pleased to announce the addition of voluntary worksite benefits to our offerings. These options are designed to provide additional financial protection and flexibility for you and your family.
MANDATORY BENEFIT MEETINGS
To ensure everyone has a clear understanding of these changes and how they may impact you, mandatory meetings will be held in the coming weeks. During these sessions, we will review all updates, answer questions, and provide information on how to make the most of your benefits for the upcoming year.
We strongly encourage all employees to attend the scheduled meetings and to carefully review all provided materials. Your participation will help ensure a smooth transition and continued satisfaction with your benefits.
Please reach out to Human Resources if you have any questions or need assistance understanding your medical plan options.
How To Enroll
You are required to make a decision regarding your benefits, whether you choose to enroll in them or opt out.
- Log-in to Paycom's self-service website and follow the open enrollment prompts. (Paycom link below)
- If you would like to change your existing coverage or make new elections, you must do so online by January 21st. Once you have made your update or change please review and click submit in order for it to be processed.
Medical
You can choose from three medical benefit plans—Buy-Up Plan, Mid Plan, and High Deductible Health Plan (HDHP)—so you’ll find one that matches both your healthcare needs and your budget. These plans have different features, and you can pick between PPO and HSA options depending on what works best for you.
BUY-UP PLAN
- This plan provides the most comprehensive coverage, with low deductibles and copays, making it a good choice if you expect frequent medical expenses.
MID PLAN
- Offering a balance between premium cost and coverage, the Mid Plan is well-suited for those seeking solid benefits with moderate deductibles and copays.
HIGH DEDUCTIBLE HEALTH PLAN (HDHP)
- The HDHP has the lowest monthly premiums but higher deductibles and can be paired with a Health Savings Account (HSA) for tax savings on qualified expenses.
For more information, please click on the Summary of Benefits (SBCs) below.
HSA
Health Savings Account (HSA) is a tax-free savings account that is owned by you, it is 100% vested from day one and lets you build up savings for future needs. The funds may be used to pay for qualifying healthcare expenses not covered by insurance or any other plan for yourself, your spouse, or tax dependents. You decide how much you would like to contribute, when and how to spend the money on eligible expenses, and how to invest the balance. If you currently have an HSA your contributions and current fund will rollover to 2026.
To be eligible for an HSA, you must be enrolled in a High Deductible Health Plan (HDHP).
UNDERSTANDING YOUR HSA
- Pre-tax contributions are deducted through payroll and deposited into your HSA account
- You can use your HSA available funds to pay for qualified medical expenses tax-free
- HSA funds can be used for non-eligible expenses but will be subject to regular income taxes and a 20% excise tax penalty
- Unused funds remain in your account for future use and roll over each calendar year
- HSAs remain with you even if you change health plans or companies. If you open an HSA and later become ineligible to make contributions, you can still use your remaining funds
- You can change your HSA contribution at any time during the plan year for any reason.
MAINTAINING RECORDS
To protect yourself in the event that you are audited by the IRS, keep records of all HSA documentation and itemized receipts for at least as long as your income tax return is considered open (subject to an audit), or as long as you maintain the account, whichever is longer.
HSA funds may be used for non-eligible expenses but will be subject to regular income taxes and a 20% excise tax penalty.
HSA Contribution Limits
Dental and Vision
Life and Disability
Voluntary Accident, Critical Illness & Hospital Indemnity
ACCIDENT INSURANCE
Don't let an accident catch you off guard. Protect your family's finances with Accident Insurance from United of Omaha Life Insurance Company.
An accident insurance policy supplements your medical coverage and provides a cash benefit for injuries you or an insured family member sustains from an accident. This benefit can be used to pay out-of-pocket medical expenses, help supplement your daily living expenses and cover unpaid time off work.
WHAT DOES IT COVER?
- Initial care and emergency most treatment / services
- Fractures
- Dislocations
- Lacerations
- Burns
- Hospital Admission
- Follow-up Care
- Transportation and Lodging
- Includes Health Screening Benefit
CRITICAL ILLNESS INSURANCE
A Critical Illness insurance policy provides a lump-sum cash benefit upon diagnosis of a critical illness like a heart attack, stroke or cancer. The benefit can be used to pay out-of-pocket expenses or to supplement your daily cost of living.
WHAT DOES IT COVER?
- Heart attack
- End-Stage Kidney Disease
- Major Organ Failure
- Invasive Cancer
- Bone Marrow Transplant
- Includes Wellness Screening Benefit
HOSPITAL INDEMNITY INSURANCE
A hospital indemnity policy supplements your medical coverage and provides a cash benefit for hospital related fees you or an insured family member sustains as a result of being hospitalized.
WHAT DOES IT COVER?
- Hospital Admission
- Daily Hospital Confinement
- ICU Admission
- Daily ICU Confinement
- Daily Newborn Nursery Care Confinement
- Includes Wellness Screening Benefit
Please read the statement below regarding Hospital Indemnity.
Additional Resources
General Benefit Videos
Client Contacts
Angie Murphy
amurphy@cp.energy
(580) 275-2153