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Group Hospital Indemnity Insurance

Advantages To You

  • Cash Payments to you during hospitalization...up to $200 per day
  • Starts paying with 1st day of hospital confinement
  • Can also cover your spouse and children
  • Affordable APWU Group Rates are payable through payroll deduction

All eligible members in good standing under age 70 of the American Postal Workers Union and their families will be accepted for coverage.

Who May Enroll In The Plan

You are eligible if:

  • You are an active APWU Member
  • You are working 20 or more hours per week
  • You are not yet age 70
  • You may also enroll your spouse and dependent children under the age of 26.

Note: If you are insured for dependent insurance, newborn children are covered up to 31 days old. To extend coverage send notice of birth within 31 days and pay any required premium.

What are the Hospital Indemnity Insurance Plan Benefits?

  • A Cash Benefit While You Are In The Hospital!
  • Cash Payments Of Up To $200 Per Day While in The Hospital.

You may select a daily benefit of $200*, $100, $75 or $50, which will be paid for each day you and/or your insured spouse spends in the hospital (other than in an Intensive Care Unit) for a covered sickness or injury. Benefits begin the first day of hospitalization and are paid for up to 365 days of hospital confinement. While hospitalized, insured children receive 40% of your selected benefit ($80, $40, $30, or $20 per day).

*The member's or spouse's daily benefit amount will be limited to a maximum of $100 on the date the member or spouse attains age 70.

Double Benefit for Common Accident

If two insured family members are hospitalized at the same time as a result of the same accident, the daily benefit is doubled for each hospitalized person for the first 7 days of hospitalization. This could mean daily benefits of up to $400 for a member or spouse or $160 for each insured child.

Increased Payment For Intensive Care unit

For each day you or your insured spouse are confined in a hospital intensive care unit, the daily benefit is increased by 50% for the first 7 days of hospitalization. Children are not eligible for this benefit.

Effective Date

Coverage will take effect on the payday the first premium is deducted from your paycheck, following the date of approval, unless you or any enrolling family member are hospitalized. In that case coverage will begin on the day after such person is discharged.

You Will Receive a Separate Certificate

Each insured member will receive a Certificate of Insurance evidencing coverage is provided under Group Policy G-29315-3/Face Form GMR.

Exclusions

Hospitalizations must begin while the covered person is being treated for a sickness or injury by a physician other than the member, a family member or a person residing in the member’s household. Benefits are not payable for hospitalizations due to war or military service; elective or cosmetic surgery; pregnancy (except complications of pregnancy are treated as any other illness; intentionally self-inflicted injury, whether sane or insane; or a pre-existing condition as indicated below. In addition benefits are not payable for confinements for which no charge is made that the covered person must pay.

Pre-Existing Condition Limitation

A pre-existing condition is any injury or sickness for which a person has consulted a doctor, received any medical services or supplies, or taken any medication during the 12 months prior to becoming covered under this plan. These conditions will not be covered until this plan has been in force for at least 12 months. All new covered conditions that occur after the effective date of this plan will be covered immediately.

Successive Periods of Confinement

Successive procedures will be considered to be performed in one period of diagnosis or treatment for an injury or sickness unless they are due to unrelated causes, or separated by at least 3 months.

Aggregate Benefit Amount

The total amount of benefits per day of hospital confinement that are payable with respect to an insured person may not exceed $500. Such total amount of benefits will be equal to the sum of:

  • the daily hospital indemnity benefit under the group policy; plus
  • the daily hospital indemnity benefit under any other group policy providing hospital indemnity benefits issued by New York Life; plus
  • the daily hospital indemnity benefit under any other group or individual policy providing hospital indemnity benefits issued by any other insurance company.
  • If the total amount of benefits exceed $500 per day, the benefits payable under the group policy will be reduced. The reduction will be equal to the lesser of:
    • the amount of benefits otherwise payable under the group policy; or
    • the excess amount

Definitions

Hospital means a licensed institution which is approved by the Joint Commission of Accreditation of Hospitals. Hospital does not mean an institution, or part of one, which is used mainly for the aged, the chronically ill, convalescents, drug addicts, alcoholics, a rest home, a nursing home, custodial, educational or rehabilitory care.

Intensive care Unit (ICU) means a cardiac unit or other unit or section of a hospital, which is reserved for critically ill patients, and which has: (a) specialized professional nursing care; and (b) special equipment and supplies on a standby basis. ICU does not include the following special units or such other specialized units: (a) step down ICU/CC Units; (b) telemetry units; or (c) semi-private rooms with separate charges for telemetry.

Right To Renew

Your Hospital Indemnity Insurance Plan is renewable, provided the group policy remains in force. Earlier termination can only occur if you: (1) fail to pay a premium when due (2) retire or cease to be actively engaged full time of at least 20 hours per week for your employer or (3) are no longer a member of the APWU.

Premium Contribution

These are your affordable bi-weekly group rates. You may select a daily benefit of $200, $100, $75 or $50. The rates for yourself, spouse and children are based on your age when you enter the plan. The rates do not increase as you get older.

How To Determine Your cost

  • From the rate chart, select the benefit amount desired.
  • Locate your current age.
  • Select coverage that best fits your needs. The corresponding amount will be your bi-weekly premium amount that will be deducted from your paycheck upon receipt of your enrollment form.
  • Complete and sign the enrollment form and return it. It's that easy! You may apply for this benefit over the telephone by calling 1-800-422-4492!

Click Here to view the Hospital Indemnity Bi-Weekly Group Rates.

Reduction formula for daily benefit amounts over $100

On the premium due date coinciding with or next following the date you or your spouse attains age 70, the person's daily benefit amount will be reduced to $100.
Premiums do not reduce.

It's Easy To Apply

  • Simply complete the enrollment form authorizing payroll deduction. Click Here for enrollment form. Please make sure you complete all the information requested. An incomplete enrollment form will be returned, resulting in a delay in processing your enrollment form.
  • Send no money. You may also apply for this benefit over the telephone by calling 1-800-422-4492!
  • Return your enrollment form to: The Voluntary Benefits Plan, P.O. Box 12009, Cheshire, CT 06410 or fax to 1-203-754-7847.

Once you receive your certificate of insurance, if you're not 100% satisfied within the first 30 days, we'll send you a full refund of any premiums paid during that period and you certificate will be considered never issued. You will be under no further obligation.

Any Questions?

Call the following toll-free number

  • 1-800-422-4492

Please Note

You must notify the Voluntary Benefits Plan of any address change, employment status change, change in union status, life status change (i.e., marriage, divorce, beneficiary or name change) or benefit changes requested. Notice must be in writing.

New York Disclosure

The insurance described in this brochure meets the minimum standards for limited benefit health insurance as defined by the New York State Insurance Department. It does NOT provide basic hospital, basic medical, major medical, nursing home and/or home care, or long term care insurance as defined by the New York State Insurance Department.

This is a summary of benefits only and is subject to the terms, conditions, exclusions and limitations of Group policy # G-29315-3/Face Form GMR. Benefits may be limited or may not be available in all states. (This plan is not available in PR, VI, GU & AS)

Administered By

The Voluntary Benefits Plan
P.O. Box 12009
Cheshire, CT 06410

Phone: 1-800-422-4492
Fax: 1-203-754-7847

Underwritten By

New York Life Insurance Company
51 Madison Ave
New York, NY 10010

New York Life Insurance Company has been awarded an A++ (Superior) rating from A.M. Best. This rating reflects New York Life's superior overall financial strength and operating performance when compared to A.M. Best's standards. The rating is current as of June 16, 2009. For the latest A.M. Best's Ratings and A.M. Best's Company Reports, please visit the A.M. Best Web site at www.ambest.com.
New York Life Insurance Company is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group plans it underwrites are available in all jurisdictions. New York Life Insurance Company’s state of domicile is New York, and NAIC ID# is 66915.
Licensed Agent: David B. Hudon. Connecticut State License #396975
To find out more about your member benefits today, click here.
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