Get Health Insurance through a High-Deductible Health Plan (HDHP)
Eligible Lockheed Martin employees have multiple high-deductible health plans (HDHPs) to choose from. Your specific options may vary depending on where you live. You can elect or change your level of coverage each year during Annual Enrollment or when you have a qualifying life event. New hires have 30 days from their hire date to enroll.
Lockheed Martin employees and spouses/domestic partners enrolled in a high-deductible health plan have access to fertility and family-building benefits. Our fertility and family building service provides end-to-end, best-in-class fertility and family building services. You’ll have access to: IVF, donor services and more, including a dedicated Care Navigation Team to coordinate your care and help guide you through your journey.
How HDHPs Work
In-network preventive care like routine physicals, shots and screenings is 100% covered. Other medical care and prescription drug expenses count towards your deductible (what you pay for qualified medical and prescription drug expenses before your medical plan begins to pay).
Once you meet the annual deductible, you and Lockheed Martin share your expenses until you meet the out-of-pocket maximum. The amount you pay depends on the plan you choose and whether you use in-network providers. Out-of-network care is more expensive and counts toward a separate deductible and out-of-pocket maximum.
Once you reach your out-of-pocket maximum, Lockheed Martin pays 100% of your qualified medical and prescription drug expenses for the rest of the year.
Our Carrier & Networks
Your network and carrier options depend on where you live. Employees in all areas have access to Broad Network Plans.