M&T Bank Employee Benefit: Health Insurance | Glassdoor

M&T Bank Health Insurance

Updated Apr 30, 2018

130 employees reported this benefit


Employer Summary

M&T Bank offers medical and prescription drug coverage, life insurance, and long-term disability coverage.

Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 42
  • Sep 27, 2018
    StarStarStarStarStar Former Bank Teller in Nyack, New York State

    Actual garbage. Employees used to complain to me on a daily basis about how high their deductibles were.

  • Aug 29, 2018
    StarStarStarStarStar Former Manager in Buffalo, New York State

    very expensive co pays for regular doctors

  • Apr 25, 2018
    StarStarStarStarStar Current Employee in Buffalo, New York State

    gigantic deductibles, almost like having no insurance at all.

  • Feb 08, 2018
    StarStarStarStarStar Current Employee in Buffalo, New York State

    They offer Independent Health which is accepted at almost all local medical care centers, they also contribute annually to the employee’s HSA.

  • Jan 31, 2018
    StarStarStarStarStar Current Employee in Buffalo, New York State

    high deduction........ else is good

  • Jan 09, 2018
    StarStarStarStarStar Current Executive Associate in Buffalo, New York State

    It is great coverage but it can be pricy in comparison to other work areas

  • Oct 22, 2017

    The deductible is, in my opinion, outrageous.

  • Sep 14, 2017
    StarStarStarStarStar Current Operations Manager in Buffalo, New York State

    Coverage is decent but employee contribution is sizable.

  • Jun 05, 2017

    "What's that weird pain? Should I see a doctor? Not worth it, I'm fine". This is how M&T's health insurance works. They help you help yourself. It's brilliant, really; I'm still alive. Also they contribute more to your HSA when your salary is brutally low. Grind your way up the ladder and, should you earn just a little bit over 40k, enough to finally make life just a tad easier, they start cutting it down. This continues up the salary range until it's gone. And, how do I put this so you healthy young millennials understand? The deductible is so high even Wiz Khalifa is intimidated.

  • Apr 13, 2017
    StarStarStarStarStar Current Income Processor in Williamsville, New York State

    $1500 deductible. Only consumer driven plans are an option. No difference in plans offered. Prescription coverage is poor. Max $3500 out of pocket expense

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