Important changes to 2024 benefits
Here's what's new and what's changing for 2024.
New: Critical Illness Insurance
A serious illness can leave you with unexpected expenses. Critical illness insurance, offered by The Standard, will pay you or your covered family member a lump sum following the diagnosis of one of 20 major illnesses, such as cancer, heart attack, and stroke. You can use the funds in any way you choose, including for your medical plan deductibles or coinsurance, or daily expenses such as rent or groceries—whatever you need most while you recover.
Other benefits include:
- It pays you $100 per year for proactively maintaining your health.You and your covered family members can each receive a $100 incentive once per year when you receive one of 22 covered health screening tests, such as a mammogram, lipid panel, mental health assessment, or colonoscopy.
- Enrolling is easy. Enroll yourself and your spouse in coverage without submitting a medical history statement. Children are covered automatically at no additional cost.
Coverage levels:
- Employee: $10,000 – $50,000 in increments of $10,000
- Spouse: $5,000 – $25,000 in increments of $5,000 (cannot exceed 50% of employee benefit)
- Children through age 25: Automatically covered at 50% of employee’s coverage
Learn more about this new plan
