Short Term Disability
Short Term DisabilityWhat is Short Term Disability (STD) Insurance?
Short term disability insurance helps when you can't work to earn a paycheck. This type of insurance coverage protects a portion of your income for a short period of time, such as if you are hurt, sick, or recovering from the birth of a child. Coverage length and availability varies depending on which insurance provider you use to purchase short term disability insurance.
AFLAC
AFLACAflac Short Term Disability Insurance (STD)
Who Pays?
You
When You Are Eligible
The first day of the following month after date of employment.
What You Receive
The College offers PHSC employees the opportunity to purchase from Aflac short term disability insurance. It covers an employee for accident and sickness, 24 hours a day. It offers benefits of $300 per day starting with the first day of hospital confinement. The premium for this product can also be pre-taxed.
3 part benefit for employees:
- Short-term disability (spouse/partner not covered under this plan)
- Accident benefits (spouse/partner eligible for coverage)
- Hospital benefits (spouse/partner eligible for coverage)
One America Life
One America LifeOne America Life Insurance Company
Who Pays?
You
When You Are Eligible
The first day of the following month after the date of employment. Automatic enrollment for the first 30 days of employment. If employee elects coverage, open enrollment requires evidence of insurability (EOI).
What You Receive
The College offers PHSC employees the opportunity to purchase from OneAmerica Life Insurance Company short-term or long-term disability insurance. Premiums are deducted from the employee’s paycheck. The STD plan provides 50% of your income for either 11 or 24 weeks after a 15-day elimination period. The LTD provides income protection after the employee has been disabled for 90 days or 180 days depending on the plan you select. You may elect benefits that pay a maximum duration of either five years or to Social Security Normal Retirement Age. This premium cannot be pre-taxed.