Open Enrollment
Open Enrollment for 2027 benefits is November 2 – November 13, 2026.
This is your annual opportunity to enroll in or make changes to these benefits:
- Medical, dental, and vision insurance
- Flexible spending accounts (FSAs)
- Supplemental life insurance
- Supplemental accidental death and dismemberment (AD&D) insurance
If you don’t do anything during Open Enrollment, your current benefits will continue in 2027 except FSAs. If you want an FSA in 2027, you must actively enroll during Open Enrollment.
Need Help?
Call (925) 287-7281 or email nektar@alliant.com if you have questions about your benefits or how to enroll. Available 8 am – 5 pm PST (M-Th) and 8 am – 4:30 pm PST (Fri).
How to Enroll
When you’re ready to enroll or make changes, visit PlanSource.
Log on to PlanSource:
- Go to: https://benefits.plansource.com/
- Enter your Username: Your default username is the first initial of your first name plus your last name. (For example, Bob Jones would log on as bjones.)
- Enter your Password: The default password is the last four digits of your Social Security Number. If you have used PlanSource previously, your password will be the same one you selected during your last log in.
- Review all of your personal and dependent information as well as your emergency contact information.
- Review all benefit selections.
- Scroll to the bottom of the “My Benefits” screen and click on “Review and Finalize” when done.
- Please keep a copy of your election summary for your records. By enrolling online, you agree to the terms and conditions in PlanSource. Confirmation pages do not need to be provided to HR.
- Be sure to check your payroll deductions on the first paycheck of the year to ensure proper enrollments.
Documentation for Dependents
If you’re enrolling dependents, you may need to provide this documentation:
- Marriage certificate
- Birth or adoption certificate
If you’re enrolling in or increasing supplemental life and AD&D coverage for yourself or dependents, you may need to provide Evidence of Insurability.
Additional Step for Recent New Hires
If you’re hired during Open Enrollment, you’ll need to enroll twice: first for the current plan, then again for 2027.
What’s New and Changing in 2027
Employee Contributions
Healthcare premiums are increasing for 2027; however, Nektar will continue to contribute a significant amount toward the cost of you and your family’s coverage. Dental and vision will continue to be covered in full by Nektar. Employees who choose to waive medical coverage will receive a $500 monthly opt-out credit (subject to taxes).
Health Savings Account (HSA): IRS limits are increasing to $4,500 for individual coverage and $9,000 for family coverage. The catch-up contribution limit for individuals age 55+ will remain at $1,000. Nektar continues to provide a generous HSA contribution to HDHP enrollees. For 2027 the amounts are $1,825 for individual coverage and $3,650 for family coverage.
Flexible Spending Accounts (FSA): Healthcare and Limited-Purpose FSA contribution limits are projected to increase to $3,500* for 2027, with up to $700* in unused funds eligible to carry over into the following plan year. Any unused amount above $700* will be forfeited.
*Projected IRS Limit
Commuter Benefits: Transit and Parking indexed IRS limits are projected to increase to $350* for 2027. Nektar will continue to fund 100% of your transit election for public transit to and from our San Francisco office, not to exceed 2x the monthly IRS maximum. The parking FSA is offered but not funded by Nektar.
*Projected IRS Limit
Kaiser HMO (CA Residents Only)
- The Kaiser Northern California HMO will be expanded to Southern California. The plan designs will mirror one another; however, each plan will have a separate plan ID. Members may receive a new ID card reflecting the updated plan information.
- Non-emergency medical transportation, such as a stretcher, gurney van or wheelchair van, will be covered at no cost when medically necessary and ordered by a plan physician.
- Cervical cancer screenings for average-risk women will be expanded to cover additional testing and follow-up after an initial screening, when indicated to complete the screening process, at no cost.
Anthem PPO and Anthem HDHP
- Gender-affirming surgery, organ and tissue transplants, cellular and gene therapy, and bariatric surgery will be covered at no charge under the PPO. Under the HDHP, these services will be covered at no charge after the deductible is met.
- Preventive breast cancer screenings will be covered at no charge, with the deductible waived.
- Hyperhidrosis treatment, vision therapy for amblyopia (lazy eye), and biofeedback will be covered when medically necessary.
Anthem HDHP
- Virtual visits will be covered at no charge, with the deductible waived.
- Insulin prescribed for the treatment of diabetes will have a copay of up to $35 for a 30-day supply, with the deductible waived.
- Annual deductibles and out-of-pocket maximums will increase to comply with IRS minimum limits.
Monthly Plan Costs
2027 Monthly Medical Rates
Anthem PPO
- Employee Only: $360.00
- Employee and Spouse/DP: $792.00
- Employee and Children: $652.00
- Employee and Family: $1,116.00
Anthem HDHP
- Employee Only: $242.00
- Employee and Spouse/DP: $532.00
- Employee and Children: $438.00
- Employee and Family: $750.00
BCBSAL PPO
- Employee Only: $116.00
- Employee and Spouse/DP: $238.00
- Employee and Children: $229.00
- Employee and Family: $359.00
Kaiser HMO
- Employee Only: $174.00
- Employee and Spouse/DP: $384.00
- Employee and Children: $349.00
- Employee and Family: $523.00
2027 Monthly Dental Rates
Delta Dental
- Employee Only: $0.00
- Employee and Spouse/DP: $0.00
- Employee and Children: $0.00
- Employee and Family: $0.00
2027 Monthly Vision Rates
VSP Vision
- Employee Only: $0.00
- Employee and Spouse/DP: $0.00
- Employee and Children: $0.00
- Employee and Family: $0.00
Contribution Limits
Flexible Spending Accounts (FSA)
In 2027, you can contribute up to:
- Health Care or Limited Purpose FSA – $3,500* annually
*Projected 2027 IRS Limit
Health Savings Account (HSA)
In 2027, you can contribute up to:
- Individual medical coverage – $4,500 annually
- Family medical coverage – $9,000 annually
NEKTAR’s contribution for 2027:
- Individual medical coverage – $1,825 annually
- Family medical coverage – $3,650 annually
Commuter Benefits
In 2027, you can contribute up to:
- Parking – $350* monthly
- Public Transportation – $350* monthly
*Projected 2027 IRS Limits
Ready to enroll?
Before you enroll, see what’s new and changing for the 2027 plan year. There may be changes that are important to you.
You have until 11:59 p.m. on November 13, 2026 to enroll or make changes. As a reminder, if you do nothing by the deadline, all your current benefits except FSAs will continue in 2027.