207 employees reported this benefit
Fifth Third provides medical insurance, a prescription drug program, life insurance, and disability. Flexible Spending Accounts are available to Fifth Third employees for health care expenses.
This information about the Health Insurance benefit at Fifth Third is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Fifth Third. The description here may not reflect the current Fifth Third Health Insurance benefit.
Decreased coverage with increased cost
Too expensive to purchase on the salary given
I was paying a LOT for the benefits package.
They denied all my claims. I had to fight for months to get prescriptions filled, I tried contacting HR for any advice or assistance as to why the Insurance wouldn't cover certain things. For example, I have ADHD. I have taken Adderal since I was 19 years old and am now 32. I go in every 6 months to get this refilled per federal regulations. If my medical records weren't enough, I had to see a psychiatrist again, to reprove I have ADHD, again, and I ended up having to pay out of pocket since they wouldn't cover the psych. visit. So I had to pay $400 on top of the premiums just to get a script filled, even after my doctor sent over my medical records showing why he was prescribing me deferral.
Affordable and top quality
Have the option to select between various types/plans, cost is fairly typical
Three different plan options. High Deductible Plans come with an HSA and the company makes an annual $500 contribution on your behalf
I have honestly received the best rates for insurance programs for my family
Average health insurance package, still need to save several thousand for deductable.
It cost $500 a month to use it. Not worth it, if you have the option for something else.