Honeywell International Inc.

• This employer files 3 health plans for this group; we judged them together.

1. Honeywell International Inc. Benefit Plan · 42,888 people · Both kinds

   • The filing says benefits are paid from the employer's general assets.
   • Medical insurance bought from HMSA (Blue Cross Blue Shield of Hawaii) is on file, covering about 30 people.
   • We ignored 2 low-cost supplemental policy(ies) such as accident or hospital cover; they don't decide how your medical claims are handled.
   • We ignored a small insurance contract with Cigna covering about 149 people; it is too small to be the main plan.
   • Medical insurance is on file, but the plan also pays benefits from the employer's own money, so some options are likely self-funded.
   • The insured options cover only about 0% of the 42,888 participants, so most people in this plan are in the self-funded part.

2. Honeywell Puerto Rico Health Plan · 1,007 people · Insured · state rules

   • Medical insurance bought from Mcs Life is on file, covering about 1,012 people.
   • The filing says all benefits are paid through insurance contracts.

3. Honeywell Voluntary Employees' Beneficiary Association · 34 people · Self-funded · federal rules

   • The filing says benefits are paid from a trust the plan controls.
   • No medical insurance contract is on file (Schedule A).

Double-check in 30 seconds: “Self-funded”, “administered by” or “ASO” on your card or plan summary means self-funded. “Insured by” or “underwritten by” means insured.

• The filing says benefits are paid from the employer's general assets.
• Medical insurance bought from Aetna, Cha Hmo, Kaiser Permanente is on file, covering about 324 people.
• We ignored 2 low-cost supplemental policy(ies) such as accident or hospital cover; they don't decide how your medical claims are handled.
• We ignored a small insurance contract with Cigna, Humana, UnitedHealthcare, Highmark, Oxford Health Plans (Ct), Univera Healthcare, Braven Health, Sierra Health And Life Insurance Company, Presbyterian Health Plan covering about 104 people; it is too small to be the main plan.
• Medical insurance is on file, but the plan also pays benefits from the employer's own money, so some options are likely self-funded.
• The insured options cover only about 6% of the 5,111 participants, so most people in this plan are in the self-funded part.

Double-check in 30 seconds: “Self-funded”, “administered by” or “ASO” on your card or plan summary means self-funded. “Insured by” or “underwritten by” means insured.