From health and financial wellness programs to tools that help you navigate everyday life today and into 2027, you can count on many of the plans, programs and resources you know today. Most offerings are available to all employees and their families, regardless of medical plan enrollment.
Across the country, the cost of medical care and prescription drugs continues to rise, affecting employees, families, employers and health plans. Based on industry trends, health care costs are expected to increase by approximately 9% to 11%. Increases are driven by higher prices, greater use of services, new treatments and a growing need for specialized care. Honeywell Technologies remains committed to providing valuable and competitive benefits for our employees. As a result, some employee premium contributions will increase for 2027.
Beginning Oct. 12, you can review and make changes to your benefits options through the Benefits Center.
For more information, review the 2027 annual enrollment FAQ.
Discover all the benefits and resources Honeywell Technologies provides. Explore this website, and share it with others in your household who help make benefits decisions. You may discover benefits and resources you knew nothing about!
If you don’t actively enroll, your 2026 benefits elections will roll over to 2027, excluding contributions to your limited purpose FSA or dependent care FSA.
2027 HDHP deductibles and out-of-pocket maximums
The HDHP annual deductible and out-of-pocket maximums will increase in 2027. These amounts affect how much you may pay before the plan begins sharing costs, as well as the most you could pay out of pocket for covered care during the year.
The changes are shown below for single and family coverage.
| HDHP feature | In-network | Out-of-network |
|---|---|---|
| Annual deductible Single / Family | $1,800 / $3,600 | $3,200 / $6,400 |
| Annual out-of-pocket maximum Single / Family | If annualized base pay is $50,000 or less: If annualized base pay is more than $50,000: | $8,400 / $16,800 |
What this means for you: Plan ahead for these higher limits when choosing care, estimating expenses and deciding how much to contribute to your health savings account. Preventive care will continue to be covered at 100% when you use in-n
Increased health savings account (HSA) limits for 2027
Could you save more in your HSA in 2027? The HSA offers a unique triple tax advantage, because your contributions are made pretax, your investment earnings grow tax-free, and withdrawals for eligible health care expenses are tax-free.
In 2027, the updated HSA annual contribution limits set by the IRS are:
- $4,500 for individual coverage
- $9,000 for family coverage
- Plus up to $1,000 in catch-up contributions, if age 55+
These limits include contributions made by Honeywell Technologies. Annual benefits limits set by the IRS for the limited purpose FSA, dependent care FSA and commuter benefits are typically published in late October or early November.
Reminder: You MUST reenroll in the limited purpose FSA or dependent care FSA every year.
Don’t forget to complete your biometric screening
Oct. 9 is the deadline to complete your biometric screening and avoid surcharges on your 2027 medical premiums.
Getting an annual screening is one of the best ways you can learn about your current health metrics and manage your physical well-being with help from your doctor.
