The City makes several voluntary insurance options available to
employees. If you wish to enroll in one or more of the following plans,
you can choose individual or family coverage. You can enroll for these
plans during annual enrollment only. You pay the cost of any coverage
through payroll deduction. A no-cost accelerated death benefit, which advances 50% of the face amount if the covered person is diagnosed as terminally ill.
A no-cost accelerated benefit for long-term care if the covered
person becomes eligible for benefits by being both chronically ill and
confined to a nursing or assisted living facility, or by receiving home
health or adult day care services
A paid-up death benefit after just five years, which means if
you stop paying premiums at some point in the future, you are guaranteed
paid-up coverage of a reduced amount.
Cancer insurance is designed to assist with out-of-pocket expenses -
medical and non-medical - associated with battling this disease, and
pays a cash benefit directly to you.
Coverage includes an annual benefit for chemotherapy, radiation, blood,
plasma and platelets. In addition, the plan provides an initial
diagnosis benefit, hospital confinement
benefit and a benefit for new or experimental treatment. Each covered
person can also claim an annual wellness benefit for various cancer
LifeTime Benefit Term Insurance
LifeTime Benefit Term insurance is an affordable, permanent term life
policy with guaranteed coverage to age 121 and a level premium to age
100. Unlike other life
insurance products, premiums do not increase based on your age. You can
elect individual or family coverage.
This coverage provides additional benefits, including:
LifeTime Benefit Term coverage is fully portable, which means you can
keep your coverage even if you leave employment with the City and the
premiums remain the same.
Critical Illness Insurance
Critical illness insurance pays a lump-sum cash benefit directly to you
following the diagnosis of a covered critical illness, which includes
but is not limited to heart
attack, heart and major organ transplant, stroke, coronary artery bypass
surgery, kidney (renal) failure, paralysis and Alzheimer's disease.
This coverage also provides an annual
Living with a critical illness can create a significant financial
hardship. According to an American Journal of Medicine study, 62% of
bankruptcies are the result of medical bills.
Of those cases, 78% had employer-sponsored medical insurance at the beginning of their illness.
You can purchase critical illness insurance alone or combine it with
cancer insurance for comprehensive supplemental medical coverage.
Accident insurance provides coverage for work or non-work-related
injuries and medical expenses such as emergency room care, hospital
confinement, fractures, accidental death and more. Cash benefits are
paid directly to you.
Short-term disability is designed to help bridge the gap between sick leave and the City-paid Long-term Disability benefit. Benefits start after you've been off work for 30 days and will pay you 60% of your monthly salary until you've been off work for 90 days, which is when the Long-Term Disability will take over. Pregnancy is covered once you've been on the policy for 9 months. And all other medical conditions are subject to a 12-month pre-existing waiting period.