583 employees reported this benefit
Lockheed Martin offers medical coverage to its employees.
High deductible plan with Health saving account (HSA)
It's all high deductible now, so you will be on the hook for the first few thousand dollars of medical expenses before they pay anything.
Never had any issues with coverage
Lockheed offer a High Deductible plan
Expensive, Salary Employees just got forced to High Deductible plans
Coverage is about the same as previous years.
Expensive health insurance and increasing in cost.........
-High deductible plan goes deeper into employee pockets and covers less. -Pharmaceuticals through CVS cost 10x what they did through ExpressScripts. -Incentive programs to reduce employee cost have been shifted to a new vendor (Rally) with incentives about 60% of what they were previously.
Recent changes have set up plans to be highly customized and high deductible, not sure about the changes just yet
Health insurance started increasing as the affordable care act was getting ready to go into effect.