ESBD_398114_1740251829270_F022710 LIFE Claims Status Report 10.1.2019-12.30.2024.xlsx

This is a claims status report for life insurance benefits for the City of Waco covering the period from October 1, 2019 through December 30, 2024. The report details life insurance claims activity including basic life, supplemental life, voluntary life, and waiver of premium claims for both active employees and retirees. The claims data shows various benefit amounts ranging from $2,500 for retiree basic life coverage to $200,000 for active employee supplemental life coverage, with most claims having been processed and closed.

The report indicates that basic life coverage for active employees is generally $50,000, while retirees typically have $2,500 in basic life and $5,000 in supplemental life coverage. Most claims were paid promptly after the date of death, with processing times averaging 2-4 weeks. The majority of claims were for retirees aged 70-90, with fewer claims from active employees. Several waiver of premium claims were denied, primarily due to employees not meeting disability requirements or elimination period criteria. The report shows claims being administered by Dearborn Life Insurance Company, operating as Blue Cross and Blue Shield of Texas.