First Diagnosis Heart/Stroke & First Major Heart Surgery Plan
PO Box 2349
Conway, AR 72033
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.
All full-time employees are eligible to apply for coverage.
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.
- 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.
Contact FlexCo, Inc. with claim processing questions.
For questions about the benefits offered through this plan, contact your Benefits Coordinator or contact FlexCo, Inc. directly.
Barry Roe, Patrick Hickman
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