Overview

Costs can add up if you or a family member has a serious accident, illness, or hospital stay. Supplemental medical plans provide cash payments to help when you need it most — and how you spend the money is up to you. These optional plans are designed to supplement your primary medical plan to provide extra protection from high out-of-pocket costs.

2019 supplemental medical plans

Three different types of supplemental medical plans are available, all underwritten by Chubb:

  • Accident insurance
  • Critical illness insurance
  • Hospital indemnity insurance

You can enroll in any combination of these plans. You pay the full cost of coverage through after-tax paycheck deductions. To see your paycheck premiums and enroll, log in to the Chubb Benefits Marketplace.

Key features

  • Coverage is offered at group rates, which can save you money compared to buying it on your own.
  • Benefits are paid in addition to other coverage, like your primary medical plan or AD&D.
  • You can use this money to help pay for medical expenses not paid by your medical plan (such as your deductible or coinsurance) or for anything else (such as everyday living expenses).
  • You can continue your coverage if you leave Chubb.
iconConsider this

Combining the $1,850 or $2,850 Deductible Plan with one or more supplemental medical plans can be a good strategy. Together, a higher deductible health plan and supplemental medical coverage offer a cost-effective way to ensure you’re protected from high medical bills.

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On their own, these plans don’t provide comprehensive medical coverage for your day-to-day health care needs. They are intended to supplement the coverage provided by your primary medical plan.

Accident insurance

Accident insurance helps protect you from unexpected financial stress if you or a covered family member has an accident. It supplements your primary medical plan by providing cash benefits in cases of covered accidental injuries. You can enroll on the Chubb Benefits Marketplace during your initial enrollment window as a new hire or during Annual Enrollment.

You receive a cash benefit up to a specific amount for:

  • Accidental death
  • Dismemberment
  • Dislocation or fracture
  • Initial hospital confinement
  • Intensive care
  • Ambulance
  • Medical expenses
  • Outpatient physician’s treatment

The actual benefit amounts depend on the type of injuries you have and the medical services you need.

How benefits are paid:

  • Benefits are paid directly to you, unless assigned to someone else.
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Critical illness insurance

The critical illness plan protects you from the financial impact of covered illnesses, including heart attack, cancer, and stroke. You receive a lump-sum cash payment to cover out-of-pocket expenses for anything you need. You can enroll on the Chubb Benefits Marketplace during Annual Enrollment, or during your initial enrollment window as a new hire, without having to provide evidence of insurability.

Choose from two benefit coverage options:

  • $15,000 lump sum
  • $30,000 lump sum

If you choose to cover dependents, your covered spouse and covered children benefit amount will be 50% of your benefit amount.

How benefits are paid:

  • Benefits are paid directly to you, unless assigned to someone else.
  • Illnesses must be diagnosed after your coverage takes effect for benefits to be paid.

Hospital indemnity insurance

The hospital indemnity plan pays cash from day one if you are admitted to a hospital for a covered illness or injury. And, it will continue to pay a daily lump-sum benefit for each day you remain in the hospital.

You can enroll on the Chubb Benefits Marketplace during Annual Enrollment, or during your initial enrollment window as a new hire, without having to provide evidence of insurability.

Choose from the following benefit coverage options:

Standard Enhanced
Hospital admission benefit (paid once per year) $500 $1000
Daily hospital confinement benefit (paid on days 2–10) $100 $250
Daily ICU benefit (paid on days 1–10) $100 $250

How benefits are paid:

  • Benefits are paid directly to you, unless assigned to someone else.
  • Pregnancy must occur after your coverage takes effect to receive benefits for a childbirth-related hospital stay.