Overview
Even with comprehensive coverage from your primary medical plan, you will still have some out-of-pocket expenses if you become critically ill or are seriously injured. These policies are designed to fulfill a variety of needs, including supplementing your existing medical coverage to give you additional financial support when something unexpected happens. Life is unpredictable, and having these supplementary health benefits can help you be prepared no matter what happens. A supplemental health policy can help you offset your deductible or pay any other expenses in case of an accident, serious illness or hospital stay.
We offer three supplemental health insurance policies administered by Transamerica Life Insurance Company to all regular employees working 20 hours or more:
For more information, including monthly paycheck costs and benefit payment amounts, visit the supplemental benefits site.
This is not major medical insurance and is not a substitute for major medical insurance. It does not qualify as minimum essential health coverage under the federal Affordable Care Act.
Supplemental benefit policies are offered by Transamerica and are not ERISA-covered group health insurance plans. Enrollment is completely voluntary. If you enroll in a policy, you must deal directly with the insurance company to request assistance or submit a claim.
This is a brief summary of CriticalEvents® critical illness indemnity insurance (Policy Form Series TMCI1000-0118 and TCCI1000-0118), AccidentAdvance® accident-only insurance (Policy Form Series CPACC100 and CCACC200-0118) and Hospital Select® II hospital indemnity insurance policy (Policy Form Series TMHI1000-0118) underwritten by Transamerica Life Insurance Company, Cedar Rapids, Iowa. Forms and numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy, certificate and riders for complete details.
264022 09/21