NCFlex is the program of pre-tax benefit plans available to employees. It’s a great way to save money on those benefits you want and need. Employees save about 25% - 40% on most NCFlex benefits because contributions are made on a pre-tax basis.
NCFlex offers eight benefits:
- Health Care Spending Account
- Dependent Day Care Flexible Spending Account
- Vision Care Plan
- Voluntary Accidental Death and Dismemberment Insurance
- Dental Plan
- Cancer Insurance
- ING Voluntary Group Term Life Insurance
Enrollment: Generally, enrollment is during the first 30 days of employment or within 30 days of a qualified family status change.
THE HEALTH CARE SPENDING ACCOUNT AND DEPENDENT DAY CARE SPENDING ACCOUNT REQUIRE RE-ENROLLMENT EVERY YEAR DURING ANNUAL ENROLLMENT IN OCTOBER (EFFECTIVE JANUARY).
Changing your NCFlex Election: You will not be able to cancel or change coverage, including flexible spending account amounts, until the end of the plan year unless you have a qualified family status change. Changes without a qualified family status change are not allowed in NCFlex benefits during the plan year in accordance with Section 125 of the Internal Revenue Service code. If you wish to change your elections, you must notify your HR benefits counselor of any change in status within 30 days of the event. The changes you want to make to your benefits must be consistent with the change in your status.
Examples of qualified family status changes are:
- birth or adoption of a child
- spouse becomes employed/unemployed
- you or your spouse change from part-time to full-time employment (or vice-versa)
- you or your spouse take an unpaid leave of absence
More examples of qualified family status changes can be found in the NCFlex Enrollment booklet. Contact your HR benefits counselor at 910-962-3160 for additional information. All changes must be made online at https://shp-login.hrintouch.com
Disclaimer: The information contained on this website is general in nature. Applicable laws and regulations are complex and subject to change. Information on this website cannot alter, modify, or otherwise change the controlling documents of any plan. For legal and tax advice employees should consult an attorney or tax adviser.