Voluntary Supplemental Insurance

When deciding whether to enroll in voluntary supplemental insurance, be sure to consider the following:

• Cost per paycheck. The cost of coverage is based on whom you cover as well as other factors (e.g., age, tobacco status, coverage option). You’ll be able to see the cost per paycheck when you enroll.
• Your and your family’s needs. Does a serious health condition run in your family? Are you or an eligible family member frequently hospitalized? Would you need financial help to offset the cost of a serious health situation or accident? If you answered yes to any of these questions, having voluntary supplemental insurance could give you peace of mind.
• Other coverage. Consider how the various types of voluntary supplemental insurance could fit in with other coverage for which you might enroll.

Back to top

Expenses can mount when you or a family member is ill or injured. Your medical plan will help cover your medical bills, but what about those extra expenses, like meal delivery, transportation or help with household chores?

That’s when this extra insurance can come in handy — especially since these plans pay you cash to use however you want.

Here’s what you can expect from your voluntary supplemental coverage, whether you elect the critical illness, hospital indemnity or accident insurance plan:

• You receive cash for eligible claims, paid directly to you. You can use it for whatever you want.
• You pay 100% of the plan cost through after-tax paycheck deductions. That means you won’t pay taxes on the money you receive when you file a claim.
• You can enroll only as a new hire, during Annual Enrollment or if you have a qualified life event during the year.
• You can take the plans with you if you leave CSL or retire.
• You’ll still need a medical plan to cover the majority of your medical costs. These voluntary supplemental plans are not substitutes for medical insurance.

Back to top

If you have a serious health condition, critical illness coverage can help lighten the load. Critical illness insurance pays you a benefit if you or a covered family member is treated for a major medical event (such as a heart attack or stroke) or diagnosed with a critical illness (such as cancer or end-stage kidney disease). It’s not a replacement for medical coverage, but it can provide extra peace of mind by helping you pay for a deductible, coinsurance or costs for any other services that may not be covered (e.g., long-term rehabilitation, home modification) by your medical plan.

Highlights

• You have three coverage options: $7,500, $15,000 or $30,000.
• When you enroll, you can also enroll your spouse or domestic partner and/or children.
• You can use the benefit multiple times for certain reoccurring medical conditions (heart attack, stroke, coronary artery bypass graft, cancer), but a waiting period between reoccurrences will apply.
• You can use the money you receive for anything you want.
• You and your covered dependents can earn a $75 annual screening benefit when you complete one of more than 50 eligible screenings, including cholesterol testing or an eye exam.

Learn More

• See the benefit overview.
• View the cost for coverage.
• Submit a claim.

How Does It Work With Medical Insurance?

Here’s an example: If you were enrolled in a $15,000 critical illness plan and suffered a heart attack, the plan would pay you the full $15,000* to be used for anything you need, including a deductible, coinsurance or long-term rehabilitation.

* Critical illness insurance has state variations, exclusions and limitations.

Back to top

How prepared would you be to pay for an unexpected hospital bill? Hospital indemnity insurance pays you a benefit in the event you or a covered family member is hospitalized for a covered accident, illness or childbirth. It’s not a replacement for medical coverage, but it can provide extra peace of mind by helping you pay for copays, deductibles and other incidental charges that can add up during a hospital stay.

Highlights

• The plan pays a lump-sum benefit for hospitalization — plus a daily amount for each day of your hospital stay. It also pays additional amounts if you’re confined to an intensive care unit and if you need rehabilitation after your hospital stay.
• You’re guaranteed coverage without a medical exam.
• You can use the money you receive for anything you want.

Learn More

• See the benefit overview.
• View the cost for coverage.
• Submit a claim.

How Does It Work With Medical Insurance?

Here’s an example: If you were enrolled in the family plan and hospitalized for two days following gallbladder surgery, the plan would pay you $1,200* to be used for anything you need, including a deductible, coinsurance or rehabilitation.

* Hospital indemnity insurance has state variations, exclusions and limitations.

Back to top

You may not be able to avoid accidents, but you can deflect part of the cost. Accident insurance pays you a benefit in the event you or your covered family members are injured in an accident. It’s not a replacement for medical coverage, but it can provide extra peace of mind by helping you pay for accident-related copays, deductibles, hospital charges, transportation fees and lodging expenses.

Highlights

• When you enroll, you can also enroll your spouse or domestic partner and/or children.
• The plan covers more than 150 types of accidents, including fractures, dislocations, second- and third-degree burns, and accident-related medical tests.
• You’re guaranteed coverage without a medical exam.
• You can use the money you receive for anything you want.
• Accident insurance may be a good choice for you if you or your kids are involved in sports where injuries are possible.

Learn More

• See the benefit overview.
• View the cost for coverage.
• Submit a claim.

How Does It Work With Medical Insurance?

Here’s an example: If you were enrolled in the plan and suffered a broken foot, the plan would pay you $2,080* to be used for anything you need, including a deductible, coinsurance or transportation.

* Accident insurance has state variations, exclusions and limitations.

Back to top