Health Insurance

Lockheed Martin provides heathcare, dental and vision

The costs are outrageous, and the coverage is seriously lacking.

Medical and dental are expensive and the coverage is poor.

The health insurance was reasonably priced and provided opportunities to earn money for healthy actions. The money could be used towards your deductible.

HSA is funded by the company

Nothing extraordinary about this companies benefits. They are mediocre to decent and most are generally content with their benefits. All expected benefits are there for the employee to choose from, but they do not offer anything that would make them more or less desirable from other large companies. From my experience, they are on par with other large companies. You may find more attractive benefits from a midsize company, but the security of a large company is a draw. Please be aware, in 2016 all health plans increase by about 3% annually. For many employees who receive a typical cost of living increase for the year, the health insurance increase negated their raise. In some unfortunate cases, employees with families effectively saw their wages reduced because the increased annual cost of insurance was greater than their annual percentage cost of living raise.

Heath insurance is ok but the 20% balance you have to pay adds up quick.

Not limited to LM, but almost impossible to get a accurate out of pocket quote/estimate on medical procedures. Personally responsible for ALL aspects of healthcare as plan forces one to go to independent providers - so cohesion of treatment suffers. No low premium, high deductible, enrollment option.

There are several health insurance options that are fairly good. However the cost has increased quite a bit on them.

No benefits as a contractor