Your Benefits: Life/Disability Insurance Premium Holiday

We have some great news about your benefits.

Cook Children’s is a member of the Children’s Hospital Association consortium. Members of the consortium can purchase voluntary life and disability insurance plans through Securian and The Hartford. Because the consortium purchased a higher volume of insurance than originally anticipated, all participating hospitals received a volume discount on their premiums, which resulted in a “refund” to Cook Children’s. 

To put it even more plainly: We got a refund from our insurance broker, and we will be passing on the savings to employees enrolled in life and disability insurance plans. 

What this means: 

• For Bi-weekly Employees: You will not be charged for supplemental long-term disability, supplemental life, spouse life and child life on your Sept. 26 paycheck. 
• For Physicians: You will not be charged for supplemental life on your Sept. 30 paycheck. 

Your coverage is still in effect; you simply won’t have to pay for it on these paycheck(s). 

If you have questions, please contact AskBenefits@cookchildrens.org.