If an employee has completed ten or more years of continuous service with the College of Medicine immediately before becoming disabled and was insured as an active employee, he or she may continue major medical insurance upon full time disability under the Post Retirement Health Plan. The policy will be the same as that provided for active employment. When a participant who is disabled becomes eligible for Medicare, American Heritage Life Insurance Company will pay only as secondary carrier. The covered participant must pay the entire cost of the insurance. Insurance policy requirements.
Coverage begins on the first day of employment.
The IRS requires the College to issue W-2's at a rate based on the age of the insured. The W-2's will be issued at the end of each calendar year. The benefits as set forth under this policy will begin after the insured's sixth month of total or partial disability. The maximum benefit period due to sickness is based on your age at the time of disability. This policy is underwritten by American Heritage Life Insurance Company.