Specified Disease Insurance

Woman with critical illness discusses her insurance coverage

Specified Disease Insurance, also known as Critical Illness Insurance, can help you in the event of a serious illness, such as cancer, heart attack, end-stage kidney (renal) failure, major organ failure, stroke and coronary artery disease. A supplement to primary health insurance, this coverage can ease financial burden beyond health care costs, such as paying everyday living expenses while out of work.

The University's Specified Disease Insurance is provided by New York Life as of January 1, 2026.

How it Works

  • Pay for coverage with payroll deductions.
  • University employees, spouses and eligible children can be covered.
  • Plan pays a lump sum—in cash—following diagnosis of a covered condition
  • Use benefit payment as you wish, for medical and non-medical expenses, such as:
    • Child care
    • Prescription drugs
    • Transportation when seeing a specialist
  • You get your maximum benefit amount no matter what your health insurance covers.

Health Screening Benefit

Enrollees in the Specified Disease Insurance can receive a $75 wellness credit for completing one eligible common health screening.
    
How it works is easy:

  1. Get a qualifying health screening – such as a physical, mental health assessment, and more.
  2. File a claim online at www.mynylgbs.com (just submit the date and type of your screening online - no documentation required)
  3. Receive your benefit! Most claims are paid within 48 hours.

If you have questions, please contact the Benefits Service Center at 212-851-7000 or [email protected].

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