Introduction
The Graham Company is pleased to offer you and your family a comprehensive benefits program. Understanding your healthcare options and determining the best plans that fit your needs should be a high priority during the Annual Open Enrollment Period. We understand that navigating through your benefits package can be complex and wish to offer as much support and valuable information as possible.
ENROLLMENT CONSIDERATIONS
Open Enrollment for the January 1, 2026 plan year will be held from November 4th through November 17th. Open Enrollment will be PASSIVE. This means that all of your current elections will automatically carry over, except for your FSA and HSA account contributions. You are required to log into Empyrean each year to select your contribution amounts for these savings accounts. If you do not log in and make your elections, your payroll contributions to these accounts will cease effective January 1, 2026.
TIMELINE - SHORT PLAN YEAR INTO CALENDAR YEAR RENEWAL
Open Enrollment for 2025 Benefits
May 23rd to June 6th
2025 Benefits Begin
July 1, 2025
Open Enrollment for 2026 Benefits
November 4th through November 17th
2026 Benefits Begin
January 1, 2026
You can view more information on how to enroll through Empyrean by navigating to the Enrollment Information page.
If you have questions about any of the benefits mentioned in this guide, please do not hesitate to reach out to your Human Resources Team or The Graham Company’s Employee Benefits Service Line at 1-888-842-1488.
WHO IS ELIGIBLE
Full-time employees working 30 or more hours per week are eligible to participate in company benefit plans.
DEPENDENT COVERAGE
Employees who are eligible to participate in Graham's benefit programs may also enroll their dependents in medical, dental, and vision benefits. For the purpose of our benefit plans, your dependents are defined as follows:
- Your spouse or domestic partner
- Your dependent children to age 26 for medical, dental, and vision
- Your unmarried children of any age who are mentally or physically disabled and totally dependent upon you for support (proof of condition and dependence must be submitted)
QUALIFIED CHANGE OF STATUS
Unless you experience a life-changing qualifying event, you cannot make changes to your benefits until the next open enrollment period. For any allowable changes, you must inform your Human Resources Team within 31 calendar days of the event. For more information, please contact Human Resources.
Qualifying Events include:
- Marriage, divorce, or legal seperation
- Birth or adoption of a child
- Change in child’s dependent status
- Death of a spouse, child or other qualified dependent
- Change in employment status or a change in coverage under another employer-sponsored plan
- Entitlement to Medicare or Medicaid
OPEN ENROLLMENT HIGHLIGHTS
MEDICAL & PRESCRIPTION DRUG: Graham will continue to offer three medical plan options for January 1, 2026. These plans will still be administered by Meritain using the Aetna network. Please refer to the Medical page to learn more about each plan coverage.
Per IRS guidelines, the deductible on medical Plan Option 1 (formerly known as the 1650/3300 HSA Plan) will be increasing from $1,650 to $1,700 for individual coverage and from $3,300 to $3,400 for family coverage. The deductible on medical Plan Option 2 (formerly known as the 3300/6600 HSA Plan) will be increasing from $3,300 to $3,400 for individual coverage and from $6,600 to $6,800 for family coverage. The plan names are being updated accordingly.
Beyond this change mandated by the IRS, all medical benefit options will remain the same for the January 1, 2025 plan year.
Please be reminded that deductibles will reset for the new plan year beginning January 1, 2026. This applies to all plans, so please consider this when making your plan selection for July 1.
Please note that those enrolling in the Option 1: $1700/$3400 HSA Plan or Option 2: $3400/$6800 HSA will receive new ID cards for the January 1, 2026 plan year due to the deductible change. Otherwise, new ID cards will only be generated for those switching medical plans or enrolling in a Graham medical plan for the first time.
HEALTHJOY: HealthJoy is an employee benefit and healthcare guidance app that helps employees make better decisions. This app will also serve as our telemedicine provider for all benefit eligible employees.
DENTAL: You will continue to have the choice to enroll in a DMO or PPO Aetna Dental Option. You may change which plan you are enrolled in throughout the year.
VISION: Vision will continue to be provided at no cost through Davis Vision. You can elect this benefit without enrolling in a medical plan.
LIFE, AD&D, AND DISABILITY INSURANCE: Graham provides Basic Life and AD&D, Short Term Disability, and Long term disability coverages at no cost to you. You also have the opportunity to purchase additional life insurance during the annual enrollment period.
VOLUNTARY BENEFITS: You have the opportunity to enroll in voluntary benefits including Accident, Critical Illness , and Hospital Indemnity Insurance through UNUM. You may also enroll in Legal Shield, a voluntary legal assistance service, and/or ID Shield, a voluntary ID-theft assistance service.
HEALTHCARE BLUEBOOK & ENGAGEMENT REWARDS: Employees have access to this employer-paid tool that provides the largest healthcare quality and cost dataset in the United States. Enrolled members can use this platform to identify Fair Price providers and compare quality rankings.
SPENDING ACCOUNTS: MMA East (now Businessolver) will continue to administer Graham’s Medical, Dependent Care, and Transit/Parking Flexible Spending Accounts. For the Medical FSA, $660 will roll over from our current plan year (July 1, 2025 - December 31, 2025) into January 1, 2026. Limits on all FSAs will increase per 2026 IRS maximums.
Those enrolled in Medical Plan Option 1 or Option 2 may elect to contribute funds to a Health Savings Account (HSA). Funds are contributed to this account pre-tax, and can be used to pay for eligible medical, dental, and vision care expenses.
GOLDFINCH: Goldfinch is an employer-paid resource available to you in the event you are considering surgery this year. You can learn more by clicking here.
EAP: Graham offers all employees and their families access to the HealthJoy Employee Assistance Program (EAP) for confidential support and guidance on issues ranging from work-life balance to familial problems.
