What You Need to Know for 2025

Accolade Care will replace MDLIVE as the telemedicine provider for the Blue Cross Blue Shield medical plans. Like MDLIVE, Accolade Care offers 24/7 access to board-certified doctors via phone, tablet or computer to diagnose and prescribe medications for minor health conditions, as well as virtual behavioral health and dermatology services. What’s new is that Accolade Care will also offer virtual primary care visits, including preventive care and chronic condition management—all from the comfort and convenience of home.

More information about Accolade Care will be provided later this year.

If you enroll in an HDHP medical plan, you can save tax-free dollars in a Health Savings Account (HSA), but the IRS limits the total pre-tax amount that can be contributed each year. For 2025, that limit is $4,300 for individual coverage and $8,550 if you cover dependents. This limit includes both your contribution and any company incentive contributions. If you’re age 55 or older in 2025, you can make an additional $1,000 pre-tax catch-up contribution.

L3Harris will continue to make HSA incentive contributions for eligible employees in 2025, but company funds will be deposited to your account quarterly, not on an annual basis. This means if you qualify for the company incentive contributions, 25% of the total amount will be deposited in your account each quarter. Q1 will be funded by January 31, 2025. Subsequent quarters in 2025 will be funded by the end of the first month of each quarter.

To earn the 2025 company incentive contributions, you must complete the new HSA modeling exercise on the enrollment site by November 30, 2024. The enhanced tool allows you to customize inputs (e.g., contributions, investments, etc.) and model possible HSA outcome scenarios for your individual situation. You must go through the entire tool and click the Calculate and earn your incentive button to receive the incentive contributions.

Company incentive contributions depend on the plan and coverage level you elect, as outlined below. Be sure to account for both L3Harris’ and your contributions when considering your maximum allowable contribution for 2025.

You are automatically protected by company-paid Basic Life Insurance coverage of one times your annual benefits base rate (ABBR—i.e., base pay plus target bonus, as applicable). You can increase this coverage by electing additional employee-paid Supplemental Life Insurance coverage of up to an additional 10 times your ABBR, up to a combined $3.25 million Basic and Supplemental Life maximum. Typically, any Supplemental Life coverage increase will require evidence of insurability (EOI). However, for this annual enrollment period only, Securian, our life insurer, has agreed to allow you to increase your Supplemental Life coverage by one multiple of ABBR without requiring EOI.

Note: ABBR is your current base pay plus any incentive pay targeted for the current benefit year, if applicable. Income from long-term incentives (e.g., stock options) is not included in your ABBR.