Critical Illness, Accident, Hospital Indemnity, and Cancer Insurance

Voya offers a suite of benefit options. They protect you from the “What Ifs” of life. Like WHAT IF you, or someone you love, has a heart attack or stroke? Is diagnosed with a serious illness? Has an accident, or needs an extended hospital stay?

Unexpected events like these can happen to anyone, at any time. When they do, they create emotional and financial stress. Serious health conditions are disruptive and can often be terrifying. They generate uncertainty along with potentially significant out-of-pocket costs.  You will have new expenses to cover along with all your family’s other normal monthly bills. That is where these benefit options come in. While triggered by medical conditions, they are not medical insurance. The plans provide only one form of benefit — cash — paid directly to you, to use as you see fit. You will find it a lot easier to focus on recovery — when you do not have to worry about providing for your family.

You will find it a lot easier to focus on recovery — when you don’t have to worry about providing for your family.

Critical Illness Insurance:

Critical Illness Insurance pays cash benefits in the event of certain serious conditions. These health conditions account for the vast majority of U.S. health care costs and are the nation’s leading causes of death.

Choices:

• For You: $5,000, $10,000, $20,000, or $30,000 cash benefit levels

• For Your Spouse: $5,000, $10,000, $20,000, or $30,000, up to the amount you elect for your coverage

• For Your Children: $5,000, $10,000, or $15,000, up to the amount you elect for your coverage (at the same cost regardless of number of children)

Cost:

https://team.georgia.gov/wp-content/uploads/2023/09/2024-Flexible-Benefits-Rate-Sheet.pdf

Advantages:

• Full benefits for reoccurrence/additional occurrences of specified conditions

• Waiver of Premium provision to cover Employee premiums if you suffer a qualifying disability

• Higher annual health screening benefit — $100 — for each covered family member

• Coverage is portable — you can take it with you when your employment ends or you retire

What’s Covered

Voya’s Critical Illness insurance pays a cash benefit directly to you if you or a covered dependent receives a new diagnosis for a serious medical condition. These conditions account for the lion’s share of U.S. health care costs and are the nation’s leading causes of death.

Examples

 • Addison’s Disease

 • Advanced Dementia, including Alzheimer’s Disease

• Advanced Parkinson’s Disease

• Benign Brain Tumor

 • Cancer

 • Coma

 • Complete Loss of Hearing, Sight, Speech

 • Coronary Artery Bypass Surgery

• Covid-19 Hospital Admissions

 • End Stage Renal Failure

• Heart Attack

• Lou Gehrig’s Disease (ALS)

 • Major Organ Transplant

• Multiple Sclerosis

• Muscular Dystrophy

• Osteomyelitis

 • Osteoporosis

• Paralysis

 • Sickle Cell Amenia

 • Stroke

• Systemic Lupus

 • Tuberculosis

 View the many (other conditions) that are covered, including childhood diseases.

Accident Insurance:

Accident Insurance pays cash benefits in the event of one of life’s most common “What Ifs” — an accident or injury. You can receive a cash benefit for both the conditions that they cause — and the services you need to treat them.

Coverage:

• Employee

• Employee + Spouse

• Employee + Children (to age 26)

• Employee + Family

Cost:

https://team.georgia.gov/wp-content/uploads/2023/10/State-of-Georgia-DOAS-Critical-Illness-Brochure-10.03.23.pdf

Advantages:

• Stand-alone plan with coverage, 24/7/365

• Cash benefits for both the conditions caused by the incident and the services needed to treat them

• Extra benefits paid for injuries related to organized sports

• Accidental death and dismemberment benefits

• Travel Assistance Services at no cost for help with accidents/injuries 100 miles or more from home

• Coverage is portable — you can take it with you when your employment ends or you retire

• Annual health screening benefit of $60 for each covered family member

What’s Covered:

Voya pays cash benefits directly to you when qualified accidents or injuries result in such needs as:

• A visit to your physician, urgent care, or the emergency room

• Emergency transportation in an ambulance

• Hospital confinement.

You can also receive cash benefits for the conditions resulting from the incident, like concussion, dislocation, fractures, and more. Plus, your coverage includes Travel Accident Services).

You Choose How to Use You can use your cash benefits any way you would like, such as:

• Out-of-pocket medical costs

• Your mortgage or rent

• Daily living expenses, like transportation, meals, phone service, and utilities

 • Services needed while you recover

Hospital Indemnity Insurance:

Get cash benefits for eligible stays in a covered medical facility — and use the funds any way you’d like.

Coverage:

• Employee

• Employee + Spouse

• Employee + Children (to age 26)

• Employee + Family

Cost:

https://team.georgia.gov/wp-content/uploads/2023/10/State-of-Georgia-DOAS-Critical-Illness-Brochure-10.03.23.pdf

Advantages:

• Cash benefits for both unforeseen hospital stays and planned procedures

• Coverage is portable — you can take it with you when your employment ends or you retire

• $60 annual wellness benefit paid for all covered family members who complete health screening

What’s Covered:

Voya pays a cash benefit, directly to you, for a hospital confinement. You can use the cash for out-of-pocket medical costs, living expenses — whatever you choose.

One of the best plan features is that it covers both unexpected hospital stays and planned procedures. For some of you, this benefit could be an obvious choice.

For example, let’s say you need an eligible surgical procedure you can’t get scheduled until next year; or you’re pregnant, with a delivery date after January 1. Hospital Indemnity Insurance may be just right for you! You can get a cash benefit of $1,000 when you are admitted to the hospital — and, starting on Day 2, $200 a day for your hospital stay.

 Cancer Insurance:

Get cash benefits for treatment and services following a covered cancer diagnosis.

Coverage:

• Employee

• Employee + Spouse

• Employee + Children (to age 26)

• Employee + Family

Cost:

https://team.georgia.gov/wp-content/uploads/2023/10/State-of-Georgia-DOAS-Critical-Illness-Brochure-10.03.23.pdf

Advantages:

• Extensive benefits specific to the needs of those navigating a cancer diagnosis

• Coverage is portable — you can take it with you when your employment ends or you retire

• Waiver of Premium provision to cover employee premiums if you suffer a qualifying disability

• $60 annual incentive paid for all family members who complete an eligible cancer screening

What’s Covered:

Cancer Insurance provides cash benefits for cancer diagnoses, treatment, and services that start after coverage begins. These include the following examples. • First Occurrence (Initial Diagnosis)

• Blood & Plasma

• Chemotherapy & radiation

• Stem Cell Transplant

• Hospital Confinement

• Hospice

• Surgery

This benefit is tailored to the needs of those dealing with cancer.

How does this plan differ from Critical Illness Insurance?

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