Citi Benefits Handbook
Supplemental Medical Plans
Citi offers three supplemental medical plans:
Offered through Aetna, these plans pay a cash benefit directly to you when you or a covered dependent have an accidental injury, are diagnosed with a critical illness or experience a hospital confinement that is covered by the plan. You can use the money to help pay out-of-pocket medical expenses, such as home health care and rehabilitation or medical plan copays, coinsurance, and deductibles. You can also use the money to cover everyday expenses, like childcare, mortgage payments, and utility bills.
Supplemental medical plans are not health insurance, provide limited benefits and are not a substitute for comprehensive medical coverage. Lack of comprehensive medical coverage (or other minimum essential coverage) may result in an additional payment with your taxes. Benefit payments are not intended to cover the full cost of medical care and are paid in addition to any health coverage you may have. Supplemental medical plans do not count as minimum essential overage under the Affordable Care Act.