Supplemental Programs
When a serious illness or accident occurs, the stress it causes is multifold. Not only are you concerned about your health — or the health of your family member — but you have an unexpected financial burden due to out-of-pocket medical costs plus potential loss of wages and additional household expenses. The supplemental programs provide you with a lump-sum payment to help ease that financial burden so you can focus on recovery.
Accident Insurance
Pays benefits for specific injuries and events resulting from a covered accident1 that occurs on or after your coverage effective date. This is a limited benefit policy — not health insurance — and does not satisfy the minimum essential coverage provision under the Affordable Care Act.
Your benefit amount depends on the type of injury and care received.
Other features include:
- Guaranteed issue: No medical questions or tests are required for coverage.
- Flexibility: You can use the benefit payments for any purpose you like.
- Payroll deductions: Premiums are paid through convenient payroll deductions.
- Portability: If you leave your current employer, you can take your coverage with you.
Examples of how Accident Insurance can help:
- Home health care costs
- Lost income due to lost time at work
- Everyday expenses like utilities and groceries
Eligibility
- You
- Your spouse — under age 70. Coverage is available only if employee coverage is elected.
- Your children — to age 26. Coverage is available only if employee coverage is elected.
Coverage effective date
Employees who enrolled during Open Enrollment – Your coverage became effective on January 1, 2025, following your election. If elected, coverage for your spouse and/or children became effective on the same date.
New Hires in 2025 – Coverage becomes effective at 12:01 AM on the date you are eligible for coverage.
Critical Illness Insurance
Pays a lump-sum benefit if you’re diagnosed with a covered illness or condition1 on or after your coverage effective date. This is a limited benefit policy — not health insurance — and does not satisfy the minimum essential coverage under the Affordable Care Act.
Features of Critical Illness Insurance include:
- Guaranteed Issue: No medical questions or tests required for coverage.
- Flexibility: Use the benefit payments for any purpose you like.
- Payroll deductions: Premiums paid through convenient payroll deductions.
- Portability: Take your coverage with you if you leave Watts.
Examples of how Critical Illness Insurance can help
- Medical expenses, such as deductibles and copays
- Mortgage payment/rent and home maintenance
- Childcare
- Home health care costs
Eligibility
- You
- Your spouse — under age 70. Coverage is available only if employee coverage is elected.
- Your children — to age 26. Coverage is available only if employee coverage is elected.
Coverage Effective Date
Employees who enrolled during Open Enrollment – Your coverage became effective on January 1, 2025, following the election of coverage. Coverage for your spouse and/or children became effective on the same date as your coverage.
New Hires in 2025 – Coverage becomes effective at 12:01 AM on the date you’re eligible for coverage. Coverage for your spouse and/or children becomes effective on the same date as your coverage.
1 See the product brochure, certificate of coverage and any applicable riders for a list of covered accidents, along with complete provisions, exclusions, and limitations.
