What's New & Changing for 2026?
​Medical, Dental and Vision Contributions​​​
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Medical EPO: Employee-only coverage will remain FREE, but contribution rates for all other coverage tiers will increase by 5%.
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Medical PPO: Contribution rates for all coverage tiers will increase by 5%.
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Guide PPO: Employee-only coverage will increase by 15%. Contribution rates for all other coverage tiers will increase by 10%.
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High-Deductible Health Plan (HDHP): Contribution rates for all coverage tiers will increase by 5%.
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Kaiser HMO: Contribution rates for all coverage tiers will increase by 6.4%.
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Dental and vision: Employee-only coverage will remain FREE and contribution rates for all other coverage tiers will remain the same as 2025 rates.
High-Deductible Health Plan (HDHP)
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Annual deductible: The in-network deductible will remain the same as 2025's deductibles, sustaining at $1,800/individual and $3,600/family. The out-of-network deductible will also remain the same as 2025's deductibles, sustaining at $5,000/individual and $10,000/family.
Health Savings Account (HSA)
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HSA contributions: The annual maximum for HSA contributions will increase to $4,400 for employee-only coverage and $8,750 for family (employee + 1) coverage.
Health Care Flexible Spending Account (FSA)
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2026 limit: The annual maximum contribution limit for the Health Care FSA will increase by $100 to $3,400 in 2026. Meanwhile, the annual contribution limit for your Dependent Care FSA will remain at $5,000.
Note: Per IRS rules, if you choose to enroll in the HDHP for 2026, you will not be eligible to contribute to the Health Care FSA. Instead, the Health Savings Account (HSA) will be available to you.
IMPORTANT! Are You Currently Contributing to a Health Care FSA?
If you choose to enroll in the HDHP for 2026 and you are currently contributing to a Health Care FSA in 2025, you MUST use your entire Health Care FSA balance by December 31, 2025. If you don't, neither you nor SpaceX can begin contributing to your HSA on January 1, 2026. Instead, you'll be required to wait until AFTER April 1, 2026 to make or receive your HSA contributions.​​​​​​​
​Life and AD&D Plans​​
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Basic life and AD&D: The principal amount will reduce by 35% at age 65 and by an additional 15% at 70.
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Voluntary life and AD&D: For newly-eligible employees, the guarantee issue amount will be $250,000 for employee coverage. For spouse coverage, it will be lesser of 100% of the employee's amount of $250,000.
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​Voluntary Accident, Critical Illness and Hospital Indemnity Plans​​​
We are happy to announce that The Hartford will continue to be our administrator for our voluntary Accident, Critical Illness, and Hospital Indemnity plans. With The Hartford, you’ll have enhanced coverage at a lower cost.
These voluntary plans offer financial support for the unexpected. You can file a claim to receive a cash benefit to use however you like in situations like the following:
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Accident Insurance: Fracture, dislocation, concussion, ambulance service, emergency care, X-ray, MRI, physical therapy, or hospital admission due to a covered off-the-job injury.
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Critical Illness Insurance: Initial diagnosis of multiple sclerosis, Alzheimer’s, stroke, coma (noninduced), cancer (invasive), transient ischemic attack (TIA), or other covered critical illnesses. Benefits may also be payable if illnesses reoccur.
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Hospital Indemnity Insurance: Hospital confinement due to injury, illness, and pregnancy.
Important incentive! The Accident and Critical Illness plans have a $50 wellness benefit. You can earn $50 per member each year, which can offset the paycheck cost of this coverage. All you have to do is complete a wellness activity (like a primary care office visit, physical, etc.) and submit information to The Hartford.​​​