Welcome to the 2027 Open Enrollment Resource Center
Your central destination for Open Enrollment information, benefit changes, and transition resources for the 2027 plan year.​
Open Enrollment is your annual opportunity to review, evaluate, and update the benefits that support you and your family throughout the year.
This year's Open Enrollment is especially important, as it includes several significant enhancements and transitions, including the move from Anthem to Cigna for medical and prescription coverage, the transition of spending accounts to Fidelity, new retirement savings opportunities, and other updates designed to enhance your overall benefits experience.
Open Enrollment takes place from October 26th – November 6th
To enroll, access Workday, go to your benefits tasks, and locate your “Benefits Enrollment” task.
Please note: You must complete your event by acknowledging and submitting your enrollment by November 6th at 8:00 pm, ET. Print a copy or download your confirmation for your records.
Overview of What's Changing
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Increased employer HSA contribution for the Consumer Select Plan.
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Updated medical deductibles for select plans.
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Medical Coverage through Cigna
​​​Effective January 1, your Medical Coverage will be administered by Cigna.
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​​​Your Medical Choices​
The same 4 Medical Plan options you have today are available through Cigna:
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Cigna Premier PPO
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Cigna Choice PPO
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Cigna Consumer Select PPO
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Cigna Consumer Value PPO
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​If you do not make an active election during Open Enrollment, you and your covered dependents will be defaulted to the same plan that you have today.​​​
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Steps to Take During Open Enrollment
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Although the plan options remain the same, it's a good idea to review your current coverage each year. Our Medical Plan Evaluator tool can help by asking a few simple questions and providing a personalized plan recommendation based on your needs.
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Review the Medical Plan Comparison Chart to get a side by side view of all four medical plan options
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Take the time to confirm you provider(s) participate in Cigna. Visit page 11 in the 2027 Open Enrollment Guide for step-by-step instructions.
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Enroll in Workday by November 6, 2026
​During Open Enrollment, you can learn about the steps you may need to take to help ensure a smooth transition from Anthem to Cigna. Review those details in the transition section of the guide, utilize our FAQs and watch for the launch of the 2027 Transition Center on the Benefits Portal beginning November 9th, 2026, for additional guidance and resources to support your transition.
​​​Additional changes to your Medical plan this year include:
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The Premier, Choice, and Consumer Select medical plan deductibles will increase.
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Premier PPO Plan: $200 Individual | $600 Family
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Choice PPO Plan: $500 Individual | $1,500 Family
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Consumer Select PPO Plan: $1,750 Individual | $3,500 family
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Consumer Value PPO Plan: No Change
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In addition to Medical Plan Deductible Increase, there are several IRS contribution limits that are increasing:
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Health Savings Account (HSA): $4,500 Individual | $9,000 Family | $1,000 Catch-Up (Age 55+)
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Health Care Flexible Spending Account (FSA): $3,500
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Dependent Care Flexible Spending Account (FSA): $7,500
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Limit for Highly-Compensated Employees: $4,000​
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More Money in Your HSA if you Participate in the Consumer Select Plan: Otsuka will increase the company HSA contribution for the Consumer Select Plan to $1,200 for individual coverage and $2,400 for family coverage.​​
Prescription Drug Coverage through Cigna
Prescription drug coverage will continue to be included with your medical plan. During Open Enrollment, you'll enroll in medical coverage the same way you do today. The primary change is that, effective January 1, 2027, prescription drug benefits will transition from Anthem to Cigna, which will administer both your medical and prescription drug coverage.
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90-Day Maintenance Medication Requirement
There is no change to the current maintenance medication program. Eligible maintenance medications must continue to be filled as a 90-day supply through an approved fulfillment option, such as:
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Express Scripts Home Delivery
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CVS
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Another participating pharmacy within the selected network
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For a complete list of participating pharmacies, visit Cigna.com after January 1st.
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If You Take Maintenance Medications
Most maintenance medication prescriptions will transition to Cigna automatically; however, certain medications, including some controlled substances, may require additional action.
Beginning January 1, 2027:
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Log in to myCigna.com or the myCigna app to confirm your prescriptions transferred successfully.
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Review your available pharmacy and fulfillment options.
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Contact Cigna if a medication does not appear or requires additional action.
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​Need More Information?
For complete details regarding prescription transfers, pharmacy options, home delivery services, maintenance medication requirements, and available support resources, please refer to the FAQ document or the Prescription Drug Transition Details section of the Enrollment Guide.
Watch for the launch of the 2027 Transition Center on the Benefits Portal beginning November 9th, 2026, for additional guidance and resources to support your transition.
Fidelity Spending Accounts & Commuter Benefits
Your Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Commuter Benefits will be administered by Fidelity, the same provider that manages the Otsuka 401(k) Savings Plan. This change will make it easier to manage your retirement and spending accounts in one place through Fidelity's online tools and resources. Employees enrolled in eligible plans will access and manage their HSA, FSA, and commuter benefit accounts through Fidelity beginning in 2027.
You may enroll in the Health Care Flexible Spending Account (FSA), Dependent Care Flexible Spending Account (FSA), or Health Savings Account (HSA) during Open Enrollment just as you do today. The enrollment process and eligibility rules remain the same. The primary change is that, effective January 1, 2027, these accounts will be administered by Fidelity instead of Anthem.
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For important details about:
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Activating your Fidelity accounts
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Managing existing HSA balances
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Using 2026 and 2027 FSA funds during the transition
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Receiving and activating new spending account and commuter benefit cards
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Commuter benefit enrollment and eligible expenses
Please refer to the FAQs for additional information.
Starting January 1st: 401(k) Bonus Deferral Election
Beginning January 1, 2027, you will have the opportunity to contribute all or a portion of your eligible bonus(es) to the Otsuka 401(k) Savings Plan through a new, separate bonus deferral election. This provides additional flexibility to increase your retirement savings and help support your long-term financial goals.
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Bonus deferral elections are separate from your regular 401(k) paycheck deferral elections.
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If you wish to defer any portion of your bonus, you must make a separate election through Fidelity's NetBenefits after January 1.
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Once your election is made, it will remain in effect for future bonus payments. If you wish to change the amount you defer for future bonuses, you must actively update your election on NetBenefits (netbenefits.com).
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Otsuka's 401(k) match opportunity remains unchanged and continues to be based on eligible base pay.
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To defer all or a portion of your bonus, elections must be submitted at least 30 days before your bonus pay date.
​For additional information about eligibility, contribution options, deadlines, and how bonus deferrals may affect your retirement savings strategy, please refer to the FAQ document or the 401(k) Bonus Deferral Details section in the Open Enrollment Guide
Additional Open Enrollment Changes
Learn more about these additional benefit changes in the 2027 Open Enrollment eGuide.
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Delta Dental's Next Stage™ Women's Health program offers enhanced dental benefits for employees who are pregnant or experiencing menopause, plus access to specialized health resources and support.
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The new Total Pet Discount Plan offers savings on pet care, prescriptions, products, veterinary services, and 24/7 pet telehealth for all dogs, cats, & exotics,, including those with pre-existing conditions.
Please Note: The Total Pet Plan is new for 2027, and Wishbone Pet Health Insurance will continue to be available.
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Norton LifeLock is expanding its identity protection offerings with new tools such as Genie Scam Protection, balance change alerts, spending insights, and more.
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To better support employees during life's important moments, Otsuka is expanding its bereavement policy to include pets owned by the employee and residing in the employee's home and increasing parental leave from 10 weeks to 12 weeks, providing employees with additional time to care for and bond with loved ones.
Resources
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2027 Open Enrollment Guide: Get plan details, costs, contribution limits, comparison charts, and benefits resources.
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Cigna & Fidelity Transition Information Located in the 2027 Open Enrollment Guide, starting on Page 6, find detailed information on action steps you can take after November 6.
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Cigna One Guide Pre-Enrollment Number: (888)806-5042
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Coming November 9th: Cigna & Fidelity Transition Center
Attend a 2027 Open Enrollment Webinar and Virtual Office Hours
Webinars
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Tuesday, October 27 | 1–2 pm ET
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Tuesday, October 27 | 3–4 pm ET
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Wednesday, October 28 | 1–2 pm ET
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Wednesday, October 28 | 3–4 pm ET
Virtual Office Hours
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Tuesday, November 3 | 1–2 pm ET
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Wednesday, November 4 | 4–5 pm ET
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Thursday, November 5 | 3–4 pm ET​​
Coming Soon After Open Enrollment: Fidelity and Cigna Webinars
Learn more about your 2027 benefits and upcoming transitions through webinars hosted by Fidelity and Cigna. Watch for Vine invitations beginning in November.
