Page 23 - 2016 Open Enrollment
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Critical Illness
The Compass Critical Illness Insurance offered through Voya pays a lump-sum
beneit if you are diagnosed with a covered illness or condition. The money you
receive through this beneit can help you pay for your medical expenses or any
life expenses that you may have (utility bills, mortgage, etc.). You can purchase
this beneit in $5,000 increments up to $20,000. Once you purchase coverage for
yourself, you may also purchase coverage for your spouse or child(ren). The full
beneit you elected is paid out for several major illnesses or conditions including but
not limited to the following: cancer, heart attack, stroke, major organ failure, coma,
deafness, blindness, multiple sclerosis, ALS, and Alzheimer’s disease.
Please note conditions for which you received medical treatment
for in the prior 12 months are not covered for the irst 12 months
of coverage under the policy. Following your irst 12 months of
coverage, beneits for your pre-existing condition are the same as any
other eligible condition.
The policy also includes a wellness beneit. This provides an annual
beneit payment if you complete a health screening test. You may
only receive a beneit once per year, even if you complete multiple
health screening tests. Examples of a health screening test include
but are not limited to: Pap test, serum cholesterol test for HDL and
LDL levels, mammogram, colonoscopy, and stress test on bicycle
or treadmill. The annual beneit is $50 for completing a health
screening test. If your spouse and/or children are covered, they are
also eligible for the wellness beneit. Your spouse’s beneit amount
is also $50. The beneit for child coverage is $25 with an annual
maximum of $100 for children’s beneits.
For additional beneit details, pricing, and examples of how the beneit works, please
refer to the Compass Critical Illness brochure. Please note the rates are age-banded
and based on your tobacco status.
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The Compass Critical Illness Insurance offered through Voya pays a lump-sum
beneit if you are diagnosed with a covered illness or condition. The money you
receive through this beneit can help you pay for your medical expenses or any
life expenses that you may have (utility bills, mortgage, etc.). You can purchase
this beneit in $5,000 increments up to $20,000. Once you purchase coverage for
yourself, you may also purchase coverage for your spouse or child(ren). The full
beneit you elected is paid out for several major illnesses or conditions including but
not limited to the following: cancer, heart attack, stroke, major organ failure, coma,
deafness, blindness, multiple sclerosis, ALS, and Alzheimer’s disease.
Please note conditions for which you received medical treatment
for in the prior 12 months are not covered for the irst 12 months
of coverage under the policy. Following your irst 12 months of
coverage, beneits for your pre-existing condition are the same as any
other eligible condition.
The policy also includes a wellness beneit. This provides an annual
beneit payment if you complete a health screening test. You may
only receive a beneit once per year, even if you complete multiple
health screening tests. Examples of a health screening test include
but are not limited to: Pap test, serum cholesterol test for HDL and
LDL levels, mammogram, colonoscopy, and stress test on bicycle
or treadmill. The annual beneit is $50 for completing a health
screening test. If your spouse and/or children are covered, they are
also eligible for the wellness beneit. Your spouse’s beneit amount
is also $50. The beneit for child coverage is $25 with an annual
maximum of $100 for children’s beneits.
For additional beneit details, pricing, and examples of how the beneit works, please
refer to the Compass Critical Illness brochure. Please note the rates are age-banded
and based on your tobacco status.
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