Lockheed Martin Corporation

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

1. Lockheed Martin Group Benefits Plan · 105,920 people · Both kinds

   • The filing says benefits are paid from the employer's general assets.
   • Medical insurance bought from Kaiser Permanente, HMSA (Blue Cross Blue Shield of Hawaii) is on file, covering about 6,142 people.
   • We ignored 1 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 Blue Cross Blue Shield, UPMC Health Plan, UnitedHealthcare, Anthem, Aetna covering about 1,331 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 105,920 participants, so most people in this plan are in the self-funded part.

2. Lockheed Martin Corporation Group Insurance Plan for Employees of Transferred GE Ops in the Bargaining Unit · 4,262 people · Both kinds

   • The filing says benefits are paid from the employer's general assets.
   • Medical insurance bought from Kaiser Permanente, HMSA (Blue Cross Blue Shield of Hawaii) is on file, covering about 2 people.
   • 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 4,262 participants, so most people in this plan are in the self-funded part.

3. Lockheed Martin Group Insurance Plan for Aerospace Employees · 1,536 people · Both kinds

   • The filing says benefits are paid from the employer's general assets.
   • Medical insurance bought from Kaiser Permanente is on file, covering about 67 people.
   • 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 4% of the 1,536 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.

• The filing says benefits are paid from the employer's general assets.
• The filing says benefits are paid from a trust the plan controls.
• Medical insurance bought from Kaiser Permanente, Aetna, Health Net, HMSA (Blue Cross Blue Shield of Hawaii) is on file, covering about 2,214 people.
• We ignored a small insurance contract with Pacicifare Secure Horizons - Tx Sr Hmo, Pacificare Of Arizona, Pacificare Life And Health, Pacificare Of Colorado Inc (Denver Co Sr Hmo), Cigna, HealthPartners, Anthem, Summacare, Pacificare Of Colorado Inc (Northern Co Sr Hmo), Pacificare Of Nv, Blue Cross Blue Shield, Pacificare Of Colorado Inc (Pueblo Sr Hmo), UnitedHealthcare covering about 580 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 5% of the 41,114 participants, so most people in this plan are in the self-funded part.
• The self-funded part's claims are processed by Aetna, Cigna (Schedule C).

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.