Flexible Medical Benefits
Memorial Sloan-Kettering Cancer Center's flexible benefits program recognizes that as your life changes, so may the benefits you need. The flexible benefits program assigns you flex dollars to spend on MSKCC benefits. If you choose plans that cost less than your assigned flex dollars, you may apply the extra dollars toward the cost of other benefits, or you may have your unused flex dollars added to your pay and taxed as regular income.
If you choose extra benefits and your flex dollars do not cover the cost, the additional cost in before tax dollars is deducted from your salary each pay period.
You can use your flex dollars to buy the following benefits:
- Medical coverage
- Dental coverage
- Long term disability coverage
- Healthcare spending account
- Prescription card
- Dependent care spending account
- Life insurance
- Accidental death and dismemberment coverage
Each year you will have the opportunity to change your flexible benefits.