Voluntary supplemental health benefits provide an additional layer of financial protection for you and your family. If you suffer an unexpected, covered accident, are diagnosed with a covered illness or experience a covered hospital stay, you’ll be paid a cash benefit which you can use to pay for whatever you want, including medical deductibles, childcare, groceries, etc. – it’s up to you!
Accident Insurance
A cash benefit paid directly to you when you face an unexpected, covered accident, such as an ankle sprain or arm fracture. The Accident Insurance plan provides 24-hour coverage and includes a wellness benefit for receiving preventive care as well as AD&D benefits. You can select from 2 plan options and you’re able to enroll your dependents. The table below highlights only some of the covered benefits: used at your discretion.
Accident Insurance Wellness Benefit
$50 per insured person per year for completing routine wellness screenings.
The tables below highlight some of the key benefits covered under this plan and give an example of how this plan would pay out for a broken ankle.
Critical Illness Insurance
A cash benefit paid directly to you when you are diagnosed with a covered illness, such as a heart attack or cancer. With the Critical Illness plan you can elect either $10,000 or $20,000 worth of coverage and you can enroll your dependents – spouses are covered for 50% of the issued employee benefit amount and children are covered for 25%. A wellness benefit applies for receiving preventive care. The table below highlights only some of the covered benefits:
Below is an example of how the Critical Illness plan works:
Donna’s life was turned upside down when she suffered a heart attack, which was followed by a stroke only a month later. Not only did she miss work, but so did her husband to help her during her recovery. Their income took a hit and bills piled up. Donna had enrolled in Cigna Critical Illness plan with a $20,000 benefit amount per diagnosis. She received a total benefit payment of $40,000 in her family’s greatest time of need.
Hospital Indemnity Insurance
A cash benefit paid directly to you when you experience a covered hospital stay for events such as an in-patient procedure or the birth of a child. You can enroll your dependents and their benefit amounts match yours. The table below highlights only some of the covered benefits:
Key Features to Consider with Supplemental Health Benefits:
- Guarantee issue, regardless of medical history. No evidence of insurability needed–
you just must enroll during Open Enrollment or throughout the year if you experience a qualifying life event - Supplement your medical plan. Benefits are paid in addition to other coverage you may have.
- Cost-effective. Your premium is conveniently deducted from your paycheck at a low group rate.
- Flexible. Use the money however you want. Pay for anything, including medical deductibles, childcare, groceries, etc. It’s up to you.
- Take it with you. You can take coverage with you if you leave employment with Operation Smile.