Benefits Plan Overview

Post-Tax Benefits

Cancer Benefits: Colonial Life

Accident Benefits: Colonial Life

Medical Bridge Benefits: Colonial Life

Disability Benefits: Colonial Life

Critical Illness Benefits: Colonial Life

Whole Life Insurance: Colonial Life

Please note existing insurance products will remain in effect unless you speak with a representative to change them.

Enrollment Period: OCTOBER 1, 2022 – OCTOBER 31, 2022

Effective Dates: JANUARY 1, 2023 – DECEMBER 31, 2023

QUALIFICATIONS:

– You must work 20 hours or more per week.

IMPORTANT FACTS:

– The plan year for Colonial Insurance products lasts from January 1, 2023 through December 31, 2023.

– Deductions for Colonial Insurance products will begin January 2023.

– If signing up for any coverage on your spouse and/or children, please have their dates of birth and social security numbers available when speaking with the Benefits Representative.

– Elections made during this enrollment period CANNOT BE CHANGED AFTER THE ENROLLMENT PERIOD unless there is a family status change as defined by the Internal Revenue Code. Examples of a family status change are: marriage, divorce, death of a spouse or child, birth or adoption of a child, termination or commencement of a spouse’s employment, or the transition of spouse’s employment from full-time to part-time, or vice-versa.

– The Colonial Cancer plan and the Health Screening Rider on the Colonial Accident and Colonial Medical Bridge plan have a 30-day waiting period for new enrollees. Coverage, therefore, will not begin until January 31, 2023.

– Additionally, some policies may include a pre-existing condition clause. Please read your policy carefully for full details.

– Please be aware there are certain coverages that may be subject to federal and state tax when premium is paid by pretax deduction or employee contribution.