DESCRIPTION:

FlexCo, Inc. is the administrator for the First Diagnosis Cancer Benefit Policy.  The policy is underwritten by United Teacher Associates Insurance Company.  This voluntary plan pays employee $10,000-$50,000 on first diagnosis of internal cancer or malignant melanoma.

*Employee can authorize the payroll deduction to be pre-taxed (withheld before taxes rather than after taxes).  This reduces Federal, State and Social Security withholding thereby increasing take home pay.

ELIGIBILITY:

All full-time employees are eligible to apply for coverage.

ENROLLMENT:

New Hires:  All full-time employees are eligible to apply for coverage upon hire.

Qualifying Family Status Changes:  Changes to coverage may be made within 30 days of a qualifying family status change.  Examples of a qualifying family status change are birth or adoption of a child, marriage and divorce.

Annual Open Enrollment:  Each fall there is an annual open enrollment period in which employee can add, cancel or change enrollment.

COST:

Internal information only.

BENEFITS:

• This plan pays a lump sum payment benefit.
• Employee selects the lump sum payment that best fits their needs.
• Employee receives a total cash benefit whether or not they are hospitalized or receive treatment.
• Premium deduction may be paid on a pre-tax basis.
• Benefits are paid directly to employee.
• Pays in addition to any other insurance.

CLAIMS:

Contact FlexCo, Inc. with claim processing questions.

QUESTIONS/CONTACT INFORMATION:

For questions about the benefits offered through this plan, contact your Benefits Coordinator or contact FlexCo, Inc. directly.

FlexCo, Inc.
Barry Roe, Patrick Hickman
Tel:   800-552-3605
Fax:  501-329-1127

Email:  flexcoinc@sbcglobal.net