General Lab Information

2027 Benefits Open Enrollment Period

What's New in 2027

Medical Contributions and Deductibles

  • Contributions for medical coverage are based on the medical program you elect and the number of people you enroll. Contributions have increased, so it is important for you to review the 2027 medical contributions.
  • The maximum amount you can contribute to the Aetna Plan 4 Health Savings Account in 2027 is increasing to $4,000/individual and $8,000/family. (These maximums are minus the employer contribution under the HSA amounts.)
  • The deductible for Aetna Plan 4 has increased to $1,750 for single-person coverage and $3,500 for family-level coverage.

Reimbursement Accounts and Health Savings Account (HSA)

The U.S. Internal Revenue Service has increased the limits for the Health Care, Transit Commuter, and Parking Reimbursement Accounts, as well as the limit for the Health Savings Account (HSA). See details of Reimbursement Accounts

401(k) Contribution Limits

The 2027 maximum contribution limit for the 401(k) Plans have not yet been announced by the IRS. The 2026 maximums are $24,500. And, if you are age 50 or older, you may contribute an additional $8,000 for catch-up contributions. You can enroll in the 401(k) Plan at any time

About Open Enrollment

During Open Enrollment, eligible employees may enroll in or drop medical, dental and/or vision care coverage, change from one medical or dental plan to another, add or drop covered family members, and/or sign up for reimbursement accounts and the vacation buy plan. All changes made during the Open Enrollment period are effective January 1, 2027. It is important that you make an election regarding your medical coverage for 2027 during the Open Enrollment period if you wish to make any changes.