The promise of lifting lives starts with our teammates.
2026 Open Enrollment will be held: MONDAY, APRIL 13
THROUGH FRIDAY, APRIL 24, 2026
What’s New for the 2026–2027 Plan Year:
• This year’s open enrollment is ACTIVE. You MUST take action during open enrollment to elect and/ or waive coverage.
• There are SIGNIFICANT CHANGES to the medical plan offerings. We are consolidating the number of medical plans offered. Teammates will have a choice between two medical plans: Aetna HSA and Lucent Health POS. Please refer to page 4 for more details.
• There will be changes to the employee contribution structure. Refer to page 5 for more details.
• Teammates enrolled in either medical plan will have access to a vision benefit.
Open Enrollment Webinars:
Given the upcoming changes, we recommend joining one of the webinars scheduled for the dates below:
• April 14th at 11:00 AM EST
• April 15th at 3:00 PM EST
• April 16th at 3:00 PM EST
It’s time to review your 2026 benefit options
Important:
This year’s Open Enrollment is ACTIVE, which means every benefit eligible teammate MUST take action during the open enrollment period.
You MUST log into My Benefit Express to ELECT or WAIVE benefits for the upcoming plan year (June 1, 2026 through May 31, 2027).
OPEN ENROLLMENT CHECKLIST
ግ Tip! Before you begin the enrollment process, make sure you have your Social Security Number, along with the birthdates and Social Security Numbers of your dependents if you are changing or enrolling your dependents.
ግ Review your Open Enrollment materials
ግ Review your current benefit elections
ግ Review your covered dependents
ግ Make sure your beneficiary information is up-to-date
ግ Make your benefit elections no later than Friday, April 24, 2026
ግ Print out a copy of your confirmation
Life Insurance Beneficiary Information:
IMPORTANT: Please take this time to review and ensure your life insurance beneficiary information is accurate and complete.
FSA & HSA Participants:
IMPORTANT: In accordance with IRS regulations, if you want to participate in the Flexible Spending Accounts (FSA) or Health Savings Account (HSA), you must elect these plans and the amount you wish to contribute during open enrollment.
Your current elections for these plans DO NOT ROLL OVER.
WHAT TO EXPECT FOR 2026–2027
YOUR PLAN OPTIONS:
The Michaels Organization will now offer two medical plans:
• POS Plan administered by Lucent Health
• Aetna Choice POS II with HSA Plan administered by Aetna
If you elect to participate in one of the medical plans, you are automatically enrolled in prescription drug coverage. RxBenefits will remain the administrator for prescription drug coverage regardless of which medical plan you select.
Teammates who enroll in one of the medical plans are automatically enrolled in vision coverage at no additional cost. If you enroll in the Aetna HSA plan, your vision benefit is administered by Aetna. If you enroll in the Lucent Health POS plan, your vision benefit is administered by Lucent Health.
Lucent Health POS Plan
• No network restrictions! You have the flexibility to see any provider without being limited to a specific network.
• Members have the same deductible, copays and other cost-sharing regardless of the provider’s network status.
Aetna Choice POS II with HSA Plan
• There are no changes to the current plan design.
• This plan will continue to be administered by Aetna. If you are currently enrolled in the Aetna HSA plan, you can continue to use your current Aetna ID card.
• If you are newly enrolling in this plan for 2026/2027, you will receive a new Aetna ID card. It is important that you present your new ID card the first time you seek services on or after June 1, 2026 to ensure your claims are processed correctly.
Teammates who enroll in the Aetna HSA plan MUST open a Health Savings Account with Optum (even if you do not make an employee contribution to the account) in order to receive the employer contribution the Michaels Organization makes to the HSA.
2026–2027 PLAN YEAR
The pre-tax contributions shown below are based on 24 pays.
and Prescription Drug Plan Contributions
MEDICAL PLAN OPTIONS: LUCENT HEALTH & AETNA
WELLNESS PROGRAM
The Michaels Organization is committed to investing in your health and wellness.
Through the WellWorks For You wellness program, we provide resources to help teammates be more engaged, motivated, and happy. Refer to the Benefit Express library or the Wellworks productivity app for more info on the program and how you can earn rewards!
About the Wellness Program
Medically enrolled teammates and covered spouses must complete steps 1 and 2 below by April 17, 2027 to earn a wellness reward. All full-time employees, regardless of medical enrollment, are eligible to complete wellness activities to earn PTO hours.
Step 1: Annual Physical — Visit your Primary Care Physician (PCP) or OB/GYN for your Annual Physical or Well Woman Visit. Exams must take place between June 1, 2026 and April 17, 2027. Wellworks For You will automatically receive medical claim data from Aetna or Lucent Health to apply credit for your Annual Physical or Well Woman Exam. Please allow up to 40 days for exams to be credited in your portal, depending on the date of your exam. For example, exams conducted in August 2026 will be sent to Wellworks for You by October 2026.
Step 2: Know Your Numbers Assessment — Log in to the Wellness Portal, go to the Know Your Numbers Assessment, and complete the questionnaire. Your results report will appear once your questionnaire and health metrics are entered.
You can receive a $1,200 per year ($50.00 per pay*) Wellness Reward for completing the two steps listed above. If your covered spouse completes the same requirements, you can receive an additional $1,200 per year ($50.00 per pay*). Thats up to $2,400 per year in Wellness Rewards if you both participate!
* Based on bi-weekly payroll schedule
IMPORTANT: Newly Hired Teammates MUST complete the Know Your Numbers Health Assessment within 45 days of their date of hire to earn the wellness reward. To continue (or resume) the wellness rewards beginning June 1, 2027, you must ALSO complete the required activity, Annual Physical by April 17, 2027.
See the following page for more information about the Wellness Program.
WELLNESS PROGRAM
All teammates, regardless of medical enrollment are encouraged to complete wellness activities to earn PTO Hours; the more activities you complete, the more PTO you earn (up to 4 hours)! All details regarding wellness challenges will be announced via email during the year.
MEDICAL ENROLLMENT STATUS STEPS/ACTIVITIES
Medically Enrolled Teammates/Spouse Step 1 & Step 2 Optional Wellness Activities
* Based on bi-weekly payroll schedule
Log in to the Wellness Portal
WELLNESS INCENTIVE
$50* Wellness Reward for Teammate (Spouse adds additional $50*) + Up to 4 hours PTO
Teammates can log in directly through Single Sign-On by clicking the Wellworks productivity app on the HR page of the Intranet. To track your participation, you must be registered under The Michaels Organization Portal. Visit www.wellworksforyoulogin.com, then:
1. Enter username & password; see chart below
2. Select Login
3. Accept the terms of the Consent Form
4. Fill in the required information
Non-Medically Enrolled Teammates/Spouse Optional Wellness Activities Up to 4 hours PTO LOGIN INFO
Username Format Employee email address Employee email address +S
Password Format Birthdate (MMDDYYYY) Birthdate (MMDDYYYY)
Example UN: jdoe@tmo.com PW: 01101980 UN: jdoe@tmo.comS PW: 02101988
WELLNESS MILESTONE PROGRAM
The Wellness Milestone Bonus is a separate bonus offered as part of the Michaels wellness program.
The Wellness Milestone Bonus gives you and your covered spouse each the opportunity to earn an additional $500 cash bonus award for completing a biometrics screening...up to $1,000 if you BOTH earn the bonus.
Visit the Wellworks For You portal to access the registration link. Your lab results will be sent directly to Wellworks For You.
* Bonuses will be paid in June of 2027. You must be employed by The Michaels Organization at the time of payment to receive the bonus.