Human Resources

First Diagnosis Heart/Stroke & First Major Heart Surgery Plan

FlexCo, Inc.
PO Box 2349
Conway, AR   72033
Tel:   800-552-3605
Fax:  501-329-1127


CONTENTS:                        
Description

Eligibility
Enrollment
Cost
Benefits
Claims
Questions/Contact Information


DESCRIPTION:

FlexCo, Inc. is the administrator for the First Diagnosis Heart/Stroke & First Major Heart Surgery Plan.  The policy is underwritten by United Teacher Associates Insurance Company.  This voluntary plan pays a lump sum benefit of $10,000 - $50,000 to an employee if they have a heart attack.  The plan pays 20% of the benefit amount if the employee has heart surgery without the diagnosis of a heart attack.  Pays up to $25,000 if employee has a stroke. 

*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.


 

 

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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.

 

 

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BENEFITS:

  • This plan pays a lump sum payment benefit.
  • Employee selects the lump sum payment that best fits their needs.
  • 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


 

 

  

 

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