552 employees reported this benefit
Honeywell offers access to comprehensive health insurance with a high deductible design and Health Savings Account feature
Medical is combined with HSA account, and dental has the traditional FSA as a separate contribution.
good benefits and dental coverage.
Best: PPO, worst: hig deductible plan
High deductibles and high premiums
Horrible! Expensive plus $8000/yr out-of-pocket deductible. Monthly premiums + deductible can consume 25% of annual pay.
It's a really AWFUL plan. I was shocked at how bad it is. It's a high deductible plan with a high premium too. Educate yourself about High Deductible plans, how to meet your deductible, and make sure to contribute to the HSA. A lot of people think once their bills hit the deductible, it's covered, but it is not. It is when the "customary amount" reaches the deductible. If something happens health wise, you could end up with a VERY big and unexpected bill. So learn about it and don't; make assumptions. If your spouse has good coverage at their job, it might not be so bad. Make sure to keep this in mind when negotiating your salary. The fact that the health insurance is not competitive is one reason I am considering leaving the company. It's also a reason why Honeywell does not attract or keep top tier talent. Penny wise and pound foolish strategic decision.
Just your average health care plan.
Health Insurance look normal to me
There are not a lot of options in insurances and the deductibles are all high, and can be very costly for those who might not make as much as those in senior leadership positions.
Awful, high deductible, 20% coinsurance after deductible is met.