Page 12 - NextCare Holdings 2021 Annual Benefits Enrollment
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Basic and Voluntary Life
Life Insurance (NextCare Paid Voluntary Life Insurance
Benefit) Supplemental life insurance is offered to employees,
NextCare provides a life insurance beneit in which gives you the opportunity to buy life insurance
the amount of one times your annual salary to a coverage for yourself, your spouse, or your dependent
maximum of $250,000 (subject to age limitations). children in addition to the life insurance NextCare
This coverage comes with an accidental death and provides.
dismemberment beneit. NextCare pays for the
premium of this beneit, therefore you have no payroll Employee Benefit
deduction. Please elect a beneiciary for this plan. $10,000 increments to a maximum of ive times
A full summary of this beneit can be found on the your annual salary (cap $500,000 and subject to age
NextCare Intranet. limitations).
Basic and voluntary life insurance is ofered through Dependent Benefits
The Hartford . Once you elect coverage for yourself, you can elect
coverage for your spouse and/or children.
Spouse—$5,000 increments (cap $250,000 and
subject to age limitations)
Children 2 weeks to 6 months—$100
Children 6 months to 26 years (if student)—Flat
$10,000
The maximum the employee can purchase is
$150,000 without having to complete a personal
health application and the maximum the employee
can purchase for spouse coverage is $30,000 without
having to complete a personal health application.
An employee can elect voluntary child life without
electing voluntary spouse life. The voluntary spouse or
voluntary child amounts elected cannot exceed 50%
of the voluntary employee beneit amount. The cost
of this coverage is determined by your age. Please see
the NextCare Intranet beneits page for more details.
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Life Insurance (NextCare Paid Voluntary Life Insurance
Benefit) Supplemental life insurance is offered to employees,
NextCare provides a life insurance beneit in which gives you the opportunity to buy life insurance
the amount of one times your annual salary to a coverage for yourself, your spouse, or your dependent
maximum of $250,000 (subject to age limitations). children in addition to the life insurance NextCare
This coverage comes with an accidental death and provides.
dismemberment beneit. NextCare pays for the
premium of this beneit, therefore you have no payroll Employee Benefit
deduction. Please elect a beneiciary for this plan. $10,000 increments to a maximum of ive times
A full summary of this beneit can be found on the your annual salary (cap $500,000 and subject to age
NextCare Intranet. limitations).
Basic and voluntary life insurance is ofered through Dependent Benefits
The Hartford . Once you elect coverage for yourself, you can elect
coverage for your spouse and/or children.
Spouse—$5,000 increments (cap $250,000 and
subject to age limitations)
Children 2 weeks to 6 months—$100
Children 6 months to 26 years (if student)—Flat
$10,000
The maximum the employee can purchase is
$150,000 without having to complete a personal
health application and the maximum the employee
can purchase for spouse coverage is $30,000 without
having to complete a personal health application.
An employee can elect voluntary child life without
electing voluntary spouse life. The voluntary spouse or
voluntary child amounts elected cannot exceed 50%
of the voluntary employee beneit amount. The cost
of this coverage is determined by your age. Please see
the NextCare Intranet beneits page for more details.
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