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I currently work at Home Depot full-time and was thinking about getting insurance coverage for me, my spouse and my two year old with them. However, I found a pretty good plan from Blue Cross Blue Shield for under $ 300 dollars a month for all of us to be covered.

Anyone work for Home Depot that has coverage? I am wondering how much they are? I know it will vary from person to person and their health conditions for coverage, but trying to get a rough estimate how much they charge per person, or family? I am not able to view HD plans until it is time for enrollment which isn’t until July. I want to see if it is worth waiting for HD coverage or go with Blue Cross.

Thanks

3 Thoughts on Home Depot Insurance Coverage for employees, anyone have coverage with them?
  1. Reply
    Wreck
    September 2, 2011 at 5:03 am

    Talk to the HR person.
    That is what they get paid to do – help you.
    She will quickly grab some sheets with full explanation of benefits and hand them to you so that you can compare.
    Please note: It’s usually better to go with an employer.
    They are self-insured and they will not play these games of denying or dropping you as much as a seperate “on your own” policy will.

  2. Reply
    mbrcatz
    September 2, 2011 at 5:23 am

    I promise you, if you’ve got three people insured on a health insurance “plan”, it’s NOT “pretty good” unless you have a $ 10,000 deductible. Otherwise, it’s a limited benefit plan, and you’ll end up completely screwed if something major goes wrong.

    How much it costs for HD employees, will vary by state, and by your position. You’ll have to ask a coworker or your manager.

    Wreck doesn’t understand how health insurance in the USA works. Preexisting conditions will be denied, except for your child, and your insurance CANNOT be uprated or dropped due to claims. It only uprates when you get older, and it only gets dropped, if you commit fraud or lie on the application.

  3. Reply
    lucy
    September 2, 2011 at 6:04 am

    The problem of looking for health insurance, is that so many people just look at the monthly premium and buy it. You need to understand what the policy covers, what it excludes, the deductible, co-pays and co-insurance etc. Just because it is from Blue Cross which is a mega company, does not mean that the policy you have selected is a good plan or just awful. And I agree for that the premium you got is mostly a benefit plan or a high deductible policy. The worst time to find out if this is a “bargain” is when you actually file a claim and then find out if it is covered, or how much you have to pay for treatment.

    Home Depot is a huge corporation and has a HR department. Call them and ask them how much will the premium be when you are eligible to enroll during open enrollment. If they wont answer, which is doubtful, then ask a co-worker or your manager what they pay.

    Or before you decide, you can call and talk to an insurance broker who handles Blue Cross and with their expertise can explain what kind of policy this is and might even suggest pending your open enrollment with HD, might be able to get a short term policy till you are on the HD insurance.

    Short term policies can be bought for 1 month up to 6 months. Many people buy pending getting employer insurance or if they have lost their job. There are limitations on short term policies, but that is where the broker comes in and explains what they are with their expertise.

    good luck

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