Cancer insurance through Colonial Life can help offset both indirect and direct cancer costs that may not be covered by the PPO or HDHP plans such as:

  • Deductibles and co-pays

  • Out-of-network treatment

  • Travel, lodging and meals during treatment

  • Childcare

  • Home health services

Two cancer insurance plan options are offered through Colonial Life:

Both plans are guaranteed issue regardless of health status. Both plans are employee paid and payroll deducted. Cancer insurance will:

  • Help pay some of the direct and indirect costs related to cancer diagnosis and treatment

  • Help pay for expenses health insurance may not cover, such as deductibles, co-insurance, and out-of-pocket expenses

  • Pay the insured an annual benefit for specified cancer screening tests such as mammograms, prostate screening exams, etc.

Premium Rates

Level 2 Premium Rates

Pay Frequency

Self

Family

Biweekly

$6.39

$10.66

Monthly

$13.85

$23.10

18-Pay

$9.23

$15.40

 

Level 3 Premium Rates

Pay Frequency

Self

Family

Biweekly

$10.41

$17.31

Monthly

$22.55

$37.50

18-Pay

$15.03

$25.00

Additional Details

Active full-time non student employees are eligible if the most recent appointment period is continuous for a minimum of one year (nine or twelve as appropriate to the appointment).

 

New employees must enroll within the first 30 days of employment. If elected during this time, coverage will be issued on a guaranteed issue basis. This means that an employee can enroll in the coverage without having to submit evidence of good health for approval and regardless of past cancer history.

There is a 12 month look-back clause - this means that if there has been treatment for cancer in the previous 12 months, the covered person must satisfy a 12 month waiting period before receiving a benefit from the coverage. After the 12 month waiting period, the benefit will begin to pay immediately.

After initial eligibility, application may be made during the annual open enrollment period.