BMO Financial Group Employee Benefit: Health Insurance | Glassdoor

BMO Financial Group Health Insurance

Updated Jul 21, 2014

44 employees reported this benefit


Employer Summary

BMO Financial Group employees can elect from medical, dental, life and accident insurance for the employee and their spouse and children from their first day of employment. Long-term disability, short-term disability, health and spending account, and survivors? benefits packages are also available.

This information about the Health Insurance benefit at BMO Financial Group is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of BMO Financial Group. The description here may not reflect the current BMO Financial Group Health Insurance benefit.

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 13
  • Mar 18, 2019
    StarStarStarStarStar Current Employee in Naperville, Illinois

    Great plan and only one

  • Dec 13, 2018
    StarStarStarStarStar Former Senior Fraud Analyst in Brown Deer, Wisconsin

    Very expensive, united healthcare coverage.

  • Dec 04, 2017
    StarStarStarStarStar Current Risk Management in Chicago, Illinois

    Used to be known for great health care; however, they now have a high deductible plan that is expensive and may employees find lacking . Not on a formal government exchange.

  • May 20, 2017
    StarStarStarStarStar Former Assistant Manger in Indianapolis, Indiana

    The health insurance was good. Nothing above average but what you would expect from a regional sized bank

  • Feb 22, 2017
    StarStarStarStarStar Current Sr Data Analyst in Chicago, Illinois

    Slowly pushing employees towards higher deductible plans, granted most of the industry is probably already there or headed that way soon.

  • Jun 20, 2016
    StarStarStarStarStar Current Compliance Specialist Senior Manager in Chicago, Illinois

    There is only one option now, the high deductible PPO. They provide pretty much no support toward the deductible and the premiums are not cheap (especially for a family). Basically, the plan sucks.

  • Apr 11, 2016
    StarStarStarStarStar Former Manager of Corporate Groups in Brookfield, Wisconsin

    Family health insurance is $9-$13K per family, per year. Out of pocket expenses are very high before insurance will pay the claims.

  • Dec 19, 2015
    StarStarStarStarStar Current Specialist, Personal Banker - Call Center in Buffalo Grove, Illinois

    BCBSIL HMO and PPO currently. We have been informed that we will be transitioned to HDHCP in the next couple years.

  • Nov 05, 2015
    StarStarStarStarStar Former Employee in Chicago, Illinois

    HR can't help on telling you anything of the insurance.

  • Jul 28, 2015
    StarStarStarStarStar Current Employee in Seattle, Washington State

    There really isn't too much to write about here. Very boilerplate system. PPO and high deductible options. HMO there is one option for the entire company.

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