At Belkin, we are here to support you and your family with the benefits we offer. Our comprehensive, competitive programs are designed to give you the freedom to choose the benefits and coverages that fit your unique needs. As part of our ongoing strategy to provide comprehensive, competitive, and financially responsible benefits, we’ll be making the following changes for 2027.
| Benefit | What’s changing effective January 1, 2027 |
|---|---|
| Medical |
|
| Optional Life and Disability Insurance |
This Open Enrollment, New York Life is offering a one-time opportunity to enroll in or increase your voluntary coverages for Optional Life Insurance, Optional Short-Term Disability, and Optional Long-Term Disability. If you are not actively at work on/after January 1, 2027, your benefits coverage will go into effect when you return to work. For Optional Life Insurance coverage, you can elect or increase up to the following amounts without needing to provide Evidence of Insurability (EOI), or proof of good health:
For Optional Short-Term Disability and Optional Long-Term Disability, you can elect coverage, even if you previously declined it, without needing to provide Evidence of Insurability (EOI), or proof of good health. |
| Health Savings Account (HSA) | The HSA contribution limit will increase to $4,500 for employee-only coverage and $9,000 if you cover dependents. The HSA is pre-tax federally in all states. HSA is pre-tax on a state tax basis in all states, except California and New Jersey. |
| Flexible Spending Accounts (FSAs) |
|
| Legal Plan | Belkin’s Group Legal Plan will move back to ARAG from LegalEASE. We are making this change in response to employee feedback and as part of our commitment to providing you with access to a broad range of legal services with quality customer service support. A legal insurance plan from ARAG® provides access to experienced network attorneys and trusted resources for a wide range of legal needs. When you work with a network attorney, their fees are paid in full for most covered legal matters – saving you time and money. Choose between two plans to get the coverage that best fits the needs of you and your family:
If you are currently enrolled in a plan through LegalEASE, you will be automatically enrolled in UltimateAdvisor. If you wish to enroll in UltimateAdvisor Plus, please make sure you choose that plan during open enrollment. For specific details about your legal plan and to view a complete list of coverages, visit: ARAG legal.com/plans and enter access code: 19634bel. You can also call ARAG at 800-247-4184. |
| Retirement | The maximum regular deferral contribution for 2027 is $25,000. If you will be age 50 or older in 2027, you may also make "catch-up" contributions of up to $8,000. For those ages 60 to 63, the “super catch-up contributions" limit will increase to $11,750, providing additional savings opportunities for those nearing retirement. |
2027 Cost of Coverage
Medical Coverage
| Employee Costs (per pay period) | Cigna Full HMO | Cigna HMO Select | Cigna OAP | Cigna OAP with HSA |
|---|---|---|---|---|
| All Locations Except Indiana | ||||
| Employee | $74.31 | $56.23 | $128.01 | $62.74 |
| Employee + Spouse | $184.55 | $139.63 | $313.74 | $177.77 |
| Employee + Child(ren) | $178.87 | $135.34 | $308.56 | $171.66 |
| Family | $286.19 | $216.54 | $510.43 | $274.65 |
| Indiana | ||||
| Employee | Not Available | Not Available | $95.98 | $53.32 |
| Employee + Spouse | Not Available | Not Available | $222.90 | $128.96 |
| Employee + Child(ren) | Not Available | Not Available | $214.90 | $111.89 |
| Employee + Family | Not Available | Not Available | $352.56 | $197.36 |
Note: If you are located in Missouri, Oklahoma, or Texas, please reach out to the benefits team at benefitsUS@belkin.com for more information.
For 2027, Dental and Vision costs are not changing.
Do you need to enroll?
If you don’t enroll, your current benefit elections will continue next year, with the exception of Flexible Spending Accounts (FSAs) and Health Savings Account (HSA) contributions. You must take action if you want to contribute to an FSA or HSA in 2027.
Your enrollment checklist
Use this checklist to make the most of your Open Enrollment opportunity:
- Learn about your benefit options, paying special attention to the changes coming next year.
- Think about your coverage needs, including how much health care you anticipate needing and whether your current life and disability insurance provides enough protection.
- Make sure your dependent information is correct and all your dependents are still eligible.
- Update your FSA enrollment and/or HSA contribution amount — they don’t carry over to the next year.
- Review your beneficiaries — it’s a good idea to review your beneficiary information (especially if your personal circumstances have changed) and make updates as needed.
- Complete your benefits enrollment by November 20, 2026.
TIP: Think about the whole cost.
When choosing a medical plan, it’s important to think about the whole cost of coverage — the amount you’ll spend out of your paycheck, as well as out of your pocket (copays, deductibles, and coinsurance).