untitled-1321-2.jpeg

2027 Open Enrollment

Your annual opportunity to choose the benefits that best support you and your family

November 12th to November 23rd

What You Need to Do

1. Watch the pre-recorded Open Enrollment education session.

2. Review and compare all available plan options, then make your enrollment decisions.

3. Submit your Open Enrollment Elections in Workday by 11:59 p.m. PST, Monday, November 23rd.

WHAT’S CHANGING IN 2027

1. Bi-weekly healthcare premium rates are increasing. While you’ll see a slight increase in your contributions due to rising healthcare costs, Specialized is keeping our premium cost-share percentage the same, continuing to invest in your health coverage at the same employer amount.

2. We’re making Accident Insurance even more valuable. Higher benefit payouts at a lower annual cost to you.

3. IRS-mandated increase to the Cigna HDHP plan deductible. The Anthem HDHP plan in-network deductible is increasing to $1,750 for Individual coverage and $3,500 for Family coverage.

4. You can contribute more to your HSA. Higher contribution limits mean you can maximize your HSA savings in 2027.

$0 Care is a Click Away

~

$0 Care is a Click Away ~

No Commute. No Waiting Room. No Cost to You.

For $0 out of pocket, access virtual Primary Care Providers, Urgent Care, Dermatology, and Behavioral Health through MDLIVE.

Learn more

Scan the QR code to download the MDLIVE app today!

Bruises Heal. Your Budget Should Too.

Accident Insurance starting at $75/year

One unexpected tumble, wipeout, or trip to urgent care can leave you with an unexpected bill. Accident insurance is an affordable way to add another layer of financial protection.

Receive cash based on the eligible injury and treatment received. Use the money however you need it.

Coverage & Cash Benefits

FAQ

  • Open Enrollment is your annual opportunity to review and select your benefits for the upcoming calendar year, including health insurance, dental, vision, and other offerings.

    It's also when we introduce updates to our benefits programs.

  • Open Enrollment is from Thursday, November 11th to Monday, November 23rd at 11:59 p.m. PST.

  • Log in to Workday and navigate to your open task titled “Open Enrollment Change.”

  • If you take no action during Open Enrollment, your current benefit elections will automatically roll over to 2027, except for your Health Savings Account (HSA) contributions.

  • If you miss the Open Enrollment deadline, your current benefit selections will automatically roll over into 2027, except for your HSA contributions.

  • Outside of Open Enrollment, you can make changes to your benefits within 30 days of a Qualifying Life Event (QLE).

    A qualifying life event is a significant change in your life that allows you to make benefit changes outside of Open Enrollment. Examples include getting married or divorced, having or adopting a baby, losing other health coverage, or experiencing a significant change in employment status.

    Visit the Qualifying Life Event page to learn more

  • Consider your anticipated healthcare needs, current medications, preferred doctors, and budget.

    Visit the Healthcare Essentials Page to view your plans in detail, including a side-by-side comparison.

  • Visit the Healthcare Essentials Page to view your plans in detail, including a side-by-side comparison.

    You may also reference each plan’s Summary Plan Description (SPD) and Summary of Benefits & Coverage (SBC) on our Annual Compliance Notices page.

  • Yes! You may enroll your domestic partner in your medical, dental, and vision benefit plans.

    Click here to navigate to Confluence for more information on adding a domestic partner to your benefits.

  • All 401(k) contribution election updates are made directly through Fidelity’s member portal.

    You can make changes to your 401(k) contribution elections at any time throughout the year. 

    All 401(k) updates made through Fidelity take effect in 1-2 pay periods.

  • Dependent children can remain on your coverage until they reach age 26, regardless of their student status, marital status, or employment.

    In some cases, a dependent child may remain on your insurance after age 26 if, for example, they are medically disabled.

  • After you have finalized and submitted your elections, you can view your 2027 Benefits Statement to print a copy of your elections for reference.

    Your new benefit elections will be visible in Workday on the Benefits tab effective January 1, 2027.

  • For general Open Enrollment questions or Workday support, please reach out to ownedretailhr@specialized.com.