Continuation of Benefits Options When You Leave
Employment WithGilsbar HEALTH CARE
Reimbursement Accounts
If you have a positive balance (payroll deductions are greater than
the amount you have received in reimbursement) in your Medical Reimbursement
Account at the time of your termination, you may continue participation in the
Plan for the remainder of the Plan year.
If you want to remain in the Plan, you can do so by electing to continue on COBRA through your employer. You will receive notification from IMS of your continuation options. If you prefer to terminate your participation and contribution to the Plan, any balance in your account on the date of termination will be forfeited if expenses were not incurred prior to the date of termination. For more detailed information, please call IMS at: (800) 426-8739.
ameritas dental plan
Under the Ameritas dental plan, you and your covered dependents are
eligible to continue dental coverage through COBRA according to the following
"qualifying events".
If you and your dependents are enrolled in the dental plan, you will be eligible to continue coverage through COBRA after you leave your employment with Alexander County Schools for a specified period. In addition, while covered under the plan, if you should die, become divorced or legally separated, or become eligible for Medicare, your covered dependents maybe eligible to continue dental coverage through COBRA. Also, while you are covered under the plan, your covered children who no longer qualify as an eligible dependent may continue coverage through COBRA. Examples of an ineligible dependent would be when your child graduates from college, or turns 24 years old. You will receive notification from Interactive Medical Systems with premium and continuation options shortly following your termination of employment. Should you have any questions you can contact Interactive Medical Systems at: (800) 426-8739.
Assurity Cancer Plan
When you leave the employment of Alexander County Schools, you may
continue your Assurity Cancer coverage by having the premiums that are currently
deducted from your paycheck billed to your home address or drafted from your
bank account. For billing options, please call
Standard Life Disability
PLAN
TRANSAMERICA ACCIDENT PLAN
SUPERIOR VISION
If you and your dependents are enrolled in the vision plan, you will be eligible to continue coverage through COBRA after you leave employment for a specified period. In addition, while covered under the plan, if you should die, become divorced or legally separated, or become eligible for Medicare, your covered dependents may be eligible to continue vision coverage through COBRA. Also, while you are covered under the plan, your covered children who no longer qualify as an eligible dependent may continue coverage through COBRA. Examples of an ineligible dependent would be when your child graduates from college, or turns 24 years old. You will receive notification from Interactive Medical Systems (IMS) with premium and continuation options shortly following your termination of employment.
TEXAS LIFE UNIVERSAL LIFE
When you leave employment you may continue your Texa Life
coverage by having the premiums that are currently deducted from your paycheck
billed to your home address or drafted from your bank account. You may do
that by contacting Texas Life at (800) 283-9233 prompt #2.
METLIFE TERM LIFE
Conversion: If your employment terminates while you are covered under the plan or when you are approved for long-term disability, you may purchase without medical evidence of insurability, any individual insurance policy. You must apply for conversion within 31 days after the date your coverage terminates. This applies to Optional Life and Dependent Life.
Portability: If you terminate employment, the portability provision allows you to take your optional life coverage with you, subject to the following provisions:
• You must apply for coverage with 31 days from the date your
life coverage terminates.
• You must be ACTIVELY at work prior to employment termination.
• You may only port up to your current coverage amount. You cannot increase or
add dependents.
To get information and rates for conversion or portability coverage, please contact Steve Zito, Mark III Brokerage at (800) 532-1044 Extension 218.
DECIDE ON YOUR RETIREMENT DESTINATION
Destination: Retirement
is intended to help you realize the importance of establishing a financial plan. It will introduce and provide suggestions for life-changing situations you may encounter on the road to retirement. Let Mark III Financial Group help you reach your retirement destination.For additional information, please contact Steve Zito at Mark III Brokerage 800-532-1044 extension 218.
Important Phone Numbers:
Mark III Brokerage, Inc. - (800) 532-1044,
ext. 210
Gislbar Medical and Dependent Care - (877) 924-3967
Ameritas Dental Plan - (800) 487-5553
Assurity Cancer and Hospital Indemnity Plan - (888) 358-8808, ext. 23
Philadelphia American Cancer Plan (Formerly CSO) - (800) 554-0092
Transamerica Accident Plan- (888) 763-7474
Superior Vision Plan - (800) 507-3800
MetLife Term Life Plan - (800) 638-6420 (ext. 2 for claims)
Standard Life STD Plan - (800) 327-0695 or (800) 227-0251
Transamerica UL Plan - (888)763-7474