Highlights for 2027

2027 Premiums and Plan changes: The premium rates charged by the Co-op Health & Welfare Plan & Trust will increase an average of 5.8% for 2027. For comparison, premium rates increased by 3.8% in 2026 and 7.3% in 2025. See the FAQ document for a more detailed discussion about plan costs.

Traditional PPO Plan Premiums: The monthly premiums charged for coverage beginning January 1, 2027 (prior to employer cost share) will be: Individual = $740/month and Family = $1,850/month, an increase of 5.7% from 2026 rates.

Traditional PPO Plan Deductibles: The per person annual deductible will remain unchanged at $1,250 for the 2027 plan year. The Out-of-Pocket Maximums will also remain unchanged at $4,000 for Individual coverage and $8,000 for Family coverage. This Plan has a sub-deductible for prescription drugs which will remain unchanged for 2027 at $250 per person, $500 per family, and the Out-of-Pocket Maximum for prescription drugs will remain $2,500.
HSA Plan (formerly High Deductible) Premiums: The monthly premiums charged for coverage beginning January 1, 2027 (prior to employer cost share) will be: Individual = $710/month and Family = $1,775/month, an increase of 6.0% from 2026 rates. Included in the premium for all eligible HSA Plan participants is a monthly contribution to the participants individual Health Savings Account (HSA). The “employer” contribution to the HSA will be $100/month ($1,200 annually) for family coverage and $50/month ($600 annually) for individual coverage.
HSA Plan Deductibles: The annual deductibles will remain unchanged at $1,800 for Individual Coverage, and $3,600 for Family Coverage. The Out-of-Pocket Maximum will also remain unchanged at $4,000 Individual coverage and $8,000 for Family coverage.
Minimum Actuarial Value Plan (MVP) Premiums and Deductibles: The monthly premiums charged for coverage beginning January 1, 2027 (prior to employer cost share) will increase from $350 to $375/month for individual coverage. The annual deductible is $4,000 with an Out of Pocket Maximum of $6,500. This plan is offered in compliance with the ACA requirements for employers to offer at least one plan that provides “minimum essential coverage” and is “affordable” as defined by the ACA. The MVP is only available to individuals. Family coverage is not available on the MVP. For coverage information, see the separate Summary of Benefits and Coverage (SBC).

Dental and Vision coverage provided by BlueCross BlueShield will remain unchanged for 2027. See separate rate and coverage summaries.

Change in HSA Provider from HealthEquity to Fidelity. Effective with every pay date from January 1, 2027 onward, both employee and employer contributions will be deposited in the participant’s new HSA account at Fidelity. All participants in the HSA Plan will need to go to https://ourcoop-benefits.com/ and follow the link to the benefits enrollment portal to open your Fidelity account and to consent to transferring any existing account balance from HealthEquity to Fidelity next January. See the FAQ document for a more detailed discussion about the move from HealthEquity to Fidelity.

All participants are reminded that for 2027, covered individuals in both the PPO and HSA Plans will be able to use the Teladoc 24/7 online or telephonic doctor with zero deductible and zero co-pay. Teladoc is still available for participants in the MVP plan subject to their reduced “office visit” fee. If you have not already done so, you are strongly encouraged to pre-register via the Teladoc App or through the bcbst.com/Teladoc website. By preregistering, treatment from a live doctor will always be just a few clicks away!

HSA Contribution Maximums: The IRS approved HSA maximum annual contribution limits for 2027 will be $4,500 Individual and $9,000 Family. Anyone who will be 55 in 2027 can add an additional $1,000 catch-up contribution to their HSA account. See the FAQ document for a more detailed discussion about HSA limitations and qualifications.

This year, you will have the option to make open enrollment elections and changes through an on-line portal. Simply scroll to the bottom of any page on https://ourcoop-benefits.com/ and follow the link to the benmanage site. All elections made on the site will be transmitted to TFC Employee Benefits.

Application forms and information about Open Enrollment are available on the “TFC Insight” intranet site. Participants with access and member bookkeepers can review or print any information the participant may need. If you do not utilize the on-line enrollment option, changes in enrollment for any BCBST coverage (Health, Dental, Vision) will require an original (pink) BCBST enrollment form, available from Employee Benefits.

If you do not wish to change coverage for 2027, you do not have to take any action. All of your coverage elections from 2026 will automatically roll over to 2027.

While not a change for 2027, be advised that the Trustees of the Co-op Health & Welfare Plan have elected to phase out the option to provide medical coverage to eligible retirees of participating employers effective January 1, 2028. The phase out begins with eligible retirees who were 62 years of age as of July 1, 2026. All retirees covered as of January 1, 2028 will be eligible for continuation of coverage under COBRA and cost share options will be at the discretion of each employer individually.

The IRS requires a period of open enrollment when benefit plan premiums are paid with pre-taxed dollars. Open Enrollment dates are from October 15 through November 25, 2026. Your change request needs to be dated between the open enrollment dates listed above and all required documents returned to the Employee Benefits Department no later than November 25, 2026. All open enrollment changes will be effective January 1, 2027.

If you do not wish to change coverage for 2027, you do not have to take any action. All of your coverage elections from 2026 will automatically roll over to 2027.

www.bcbst.com This is an essential site for all plan participants. Register/Log in to your BlueAccess Member Portal to access all of the available tools from BCBS. We highly recommend everyone to sign up and use this service for Provider directories, Benefits, Coverage, Claims and Wellness information. This is also the place to go to register for the Teladoc telemedicine benefit.

NOTICE: Form 1095c will NOT automatically be mailed for the 2026 coverage period. If you would like to request a printed copy of your 1095c form, please contact Amy Stearns at 615.793.8544 or HR@ourcoop.com.

Highlights for 2027

Three Ways to Enroll in Your Benefits

Self Enroll Online

Enroll By Phone

TFC Employee Benefits