Page 10 - 2018 NextCare Enrollment
P. 10
Basic and Voluntary Life
Life Insurance (NextCare Paid Benefit)
NextCare provides a life insurance beneit in the amount of one times
your annual salary to a maximum of $250,000 (subject to age limitations).
This coverage comes with an accidental death and dismemberment
beneit. NextCare pays for the premium of this beneit, therefore you
have no payroll deduction. Please elect a beneiciary for this plan. A full
summary of this beneit can be found on the NextCare Intranet.
Voluntary Life Insurance
Supplemental life insurance is offered to employees, which gives you
the opportunity to buy life insurance coverage for yourself, your spouse,
or your dependent children in addition to the life insurance NextCare
provides.
Employee Benefit
$10,000 increments to a maximum of ive times your annual salary (cap
$500,000 and subject to age limitations).
Dependent Benefits
Once you elect coverage for yourself you can elect coverage for your
spouse and children.
Spouse— $5,000 increments (cap $250,000 and subject to age
limitations)
Spouse amount cannot exceed 50% of the employee’s combined
beneit
Children—lat amounts of $1,000, $2,000, $4,000, $5,000, or $10,000
Child amount cannot exceed the spouse amount
Employee must be enrolled in an equal or greater amount of coverage
than the child amount
The maximum the employee can purchase is $150,000 without having to
complete a Statement of Health Form and the maximum the employee
can purchase for spouse coverage is $30,000 without having to complete
a Statement of Health Form. The cost of this coverage is determined by
your age. Please see the NextCare Intranet beneits page for more details.
10 2018 Benefits Guide
Life Insurance (NextCare Paid Benefit)
NextCare provides a life insurance beneit in the amount of one times
your annual salary to a maximum of $250,000 (subject to age limitations).
This coverage comes with an accidental death and dismemberment
beneit. NextCare pays for the premium of this beneit, therefore you
have no payroll deduction. Please elect a beneiciary for this plan. A full
summary of this beneit can be found on the NextCare Intranet.
Voluntary Life Insurance
Supplemental life insurance is offered to employees, which gives you
the opportunity to buy life insurance coverage for yourself, your spouse,
or your dependent children in addition to the life insurance NextCare
provides.
Employee Benefit
$10,000 increments to a maximum of ive times your annual salary (cap
$500,000 and subject to age limitations).
Dependent Benefits
Once you elect coverage for yourself you can elect coverage for your
spouse and children.
Spouse— $5,000 increments (cap $250,000 and subject to age
limitations)
Spouse amount cannot exceed 50% of the employee’s combined
beneit
Children—lat amounts of $1,000, $2,000, $4,000, $5,000, or $10,000
Child amount cannot exceed the spouse amount
Employee must be enrolled in an equal or greater amount of coverage
than the child amount
The maximum the employee can purchase is $150,000 without having to
complete a Statement of Health Form and the maximum the employee
can purchase for spouse coverage is $30,000 without having to complete
a Statement of Health Form. The cost of this coverage is determined by
your age. Please see the NextCare Intranet beneits page for more details.
10 2018 Benefits Guide
