Voluntary Critical Illness
Veronica Beard offers optional supplemental health benefits through Aetna. These plans are not medical insurance and do not replace your medical coverage, but rather pay cash directly to you in addition to any benefits you receive from your health plan. The plans are designed to help offset expenses associated with unexpected injuries, illnesses, and hospital stays, such as deductibles, copays, and lost income. Insurance policies available for purchase (through after-tax payroll deductions) include Accident Insurance, Hospital Indemnity Insurance and Critical Illness Insurance. WELLNESS BENEFIT
CRITICAL ILLNESS INSURANCE This insurance pays a lump-sum cash benefit directly to you following the diagnosis of a covered critical illness or event, such as a heart attack, stroke or cancer.
Critical Illness Insurance includes an annual benefit of $50 for you and covered spouse when you take a covered health screening test. Over 40 different screenings qualify, including: • Cholesterol screening • Mammogram • Immunizations, e.g., Covid-19
The benefit is yours to use however you want, including paying for healthcare expenses, mortgage, rent, or other bills.
COVERAGE OPTIONS: You can choose from three cash benefit levels for yourself and/or your spouse: $10,000 $20,000 $30,000 Coverage is also available for children, not to exceed 50% of the employee’s benefit.
Covered Illnesses or Events*
100% Benefit Invasive Cancer Heart Attack Stroke Major Organ Failure End-stage Renal Disease Parkinson’s Disease
25% Benefit: Coronary Artery Disease Sudden Cardiac Arrest Non-invasive Cancer $1,000 Benefit (lifetime): Skin Cancer
Portability included – allowing you to take the policy with you if you end employment.
*Please refer to the benefit plan summaries for details and rates on all policies.
Rates for critical illness are based on your age and the benefit level selected. See your ADP enrollment system for more information.
For more information on Critical Illness, view education video HERE
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** For illustrative purposes only. Please refer to your plan documents for all plan details
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