If an employee separates from the University, NCFlex Benefits terminate on the last day of the month in which the separation occurs as long as the monthly premiums are paid. Premium catchups may be applied to an employee’s last paycheck or leave payout (if applicable) to ensure these premiums are paid in full for the last month of coverage.
When NCFlex coverage is lost due to termination of employment or other losses of eligibility, employees and covered dependents may continue certain benefits. For additional details, refer to “Coverage Continuation Options at Termination” in the NCFlex Benefits Guide.