Benefits Plan Overview

Pre-Tax Benefits

Cancer Benefits: Colonial Life

Accident Benefits: Colonial Life

Medical Bridge Benefits: Colonial Life

Post-Tax Benefits

Disability Benefits: Colonial Life

Critical Illness Benefits: Colonial Life

Life Insurance: Colonial Life
– Whole Life Insurance

Pet Insurance: Nationwide (Direct Billing Only)

Accident Benefits – Gunshot Wound Policy: Colonial Life

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

Enrollment Period: JANUARY 2, 2023 – JANUARY 27, 2023

Effective Dates: MARCH 1, 2023 – FEBRUARY 29, 2024

QUALIFICATIONS:

– Employees must work 20 hours or more per week.

IMPORTANT FACTS:

– The plan year for Colonial Insurance products lasts from March 1, 2023 through February 29, 2024.

– Deductions for Colonial Insurance products will begin March 2023. The Nationwide Pet Insurance plans are available by Direct Billing only. No deductions will be taken via payroll deduction.

– 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. Once a family status change has occurred, an employee has 30 days to notify the North Carolina Service Center at 1-888-662-7500 to request a change in elections.

– 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 March 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.

– An employee taking a leave of absence, other than under the Family & Medical Leave Act, may not be eligible to re-enter the Flexible Benefits Program until the next plan year. Please contact your Benefit Administrator for more information.