Inspira Health offers great voluntary benefits to help you protect your finances. Consider enrolling in voluntary benefits to complement your medical coverage.
Protecting your financial future is just as important as taking care of your health. Inspira Health provides you with access to a wide range of voluntary benefits to help protect your future and the future of your family. Mix and match plans to get the coverage right for you!
Permanent Life Insurance
Permanent Life Insurance is an individual life insurance policy that can also build cash value you can utilize while you are still living. At an affordable premium, you can have the added financial protection you and your family may need during times of uncertainty.
* Eligible employees must elect for spouse/child coverage to be offered. Minimum weekly cost is $4.
Short Term Disability pays a portion of your salary if an illness or injury keeps you out of work. This source of income may help you maintain your household and living expenses until you get back to work.
All employees can enroll in Voluntary Short-Term Disability Insurance. For New Jersey residents, you may elect a benefit amount of up to 40% of your annual income. For residents of Pennsylvania and Delaware, you may elect benefit amounts up to 60% of your annual income. Benefits become payable after seven consecutive days of illness or off-the-job injury and continue for a maximum duration of 26 weeks. You become eligible to enroll in this benefit on your date of hire.
Critical Illness Insurance
Out-of-pocket costs of a serious illness can be catastrophic, even if you have medical insurance. Critical Illness Insurance pays a lump sum benefit directly to you if you are diagnosed with a covered condition. You use this money however you choose—deductibles and coinsurance, expenses your family incurs to be by your side, or simply to replace your lost earnings from being out of work.
You choose the benefit amount when you enroll—from $10,000 up to $50,000 (in $5,000 increments). The premium you pay is based on the benefit amount you choose and whether or not you use tobacco.
Covered Illnesses Include:
*The coverage pays 25% of the face amount of the policy once per lifetime for coronary artery bypass surgery and carcinoma in situ.
**Wellness Benefit may not be available in all states. The policy or its provisions may vary or be unavailable in some states. The policy has exclusions and limitations which may affect any benefits payable.
Accidents happen. You can’t always prevent them, but you can take steps to reduce the financial impact, which is often substantial. Voluntary Accident Insurance can help cover the out-of-pocket medical expenses and extra bills that can follow an accident.
The total benefit you receive is based on the type of injury, its severity, and the medical services you received in treatment and recovery.
The plan pays benefits for a variety of injuries and accident-related expenses, including:
Hospital Indemnity Insurance pays a benefit, in addition to the coverage from your medical plan, when you are hospitalized or need in-hospital surgery or intensive care as the result of an accident or sickness.
Benefits are paid directly to you, and you can use the money however you choose to help pay medical bills or cover everyday living expenses. The plan includes a $1,000 admission benefit, which is paid directly to you.
Legal Insurance provides you with telephone and office consultations for an unlimited number of personal legal matters with a network attorney of your choice. During the consultation, the attorney will review the law, discuss your rights and responsibilities, explore your options, and recommend a course of action. Legal services are generally paid in full if you select a network provider, but some plan benefits are available for out-of-network providers.
Covered Illnesses Include:
Identity Theft Protection
InfoArmor’s PrivacyArmor is a monitoring solution that protects you from the hassles of identity theft. By proactively seeking out fraud at the source, when thieves first use personal information, InfoArmor is able to detect fraud sooner, to reduce damages.
We start by employing patented technology used by top financial institutions and banks to monitor applications for misuse of participants' information. The InfoArmor solution also includes monitoring High Risk Transactions, such as unauthorized account access, fund transfers, and password resets to detect fraud sooner.
If InfoArmor detects fraud or unusual activity indicative of fraud, you will be the first to know. Rest assured, when there is a situation that needs attention, a Privacy Advocate will help do the work to resolve it, start to finish, all on your behalf.