Open Enrollment — the annual opportunity to review and make changes to certain benefits for the upcoming year — begins later this month.
This year’s Open Enrollment period runs from Oct. 26 through Nov. 23, with employees needing to submit benefit changes in Workday by midnight of the final day. Employees will also be alerted to the beginning of Open Enrollment via Workday.
Changes made during this year’s Open Enrollment will go into effect Jan. 1, 2027. The most significant changes to benefits for the coming year are outlined below:
- Medical premiums will be changing, as well as a possible reduced premiums for the long term disability insurance.
- Flexible Spending Arrangements maximum contribution are currently $3,400, but are expected to increase if the IRS makes the announcement prior to the end of Open Enrollment. There is applicable to both the regular FSA and Limited FSA options.
- Health Savings Account contribution maximums changing to $4,500 for individual only, and $9,000 for families. Those over 55 can continue to contribute an additional $1,000.
- CDHP deductibles are increasing to $1,750 for individuals only and $3,500 for families.
More information about the changes coming to benefits plans in 2027 is available on Human Resource Services’ Open Enrollment website. Also included on the website is a detailed table of changes coming to medical premium rates, as well as detailed answers to frequently asked questions and a schedule of when the Benefit Fairs will be occuring. The Health Care Authority also offers information about the upcoming Open Enrollment period on its website.
HRS Benefits staff will also be hosting the following presentations, with all sessions being offered via Zoom – Meeting ID: 812 058 2016
- FSA/LFSA Overview: October 19, 3:00 pm – 4:00 pm
- Open Enrollment Overview: October 20, 9:30 am – 10:30 am
- HSA/CDHP Overview: October 23, 10:00 am- 11:00 am
- Benefits Checkup: October 28, 1:00 pm – 2:00 pm
- Retirement and Savings Checkup: October 29, 3:00 pm – 4:00 pm
These will be recorded and posted to the Open Enrollment website.
Questions about Open Enrollment can be directed to the HRS Benefits team via email or by calling 509-335-4589.
