Short-Term Disability Overview
Short Term Disability (STD) coverage is available on an optional basis to benefit-eligible employees working at least 20 hours per week.
The current STD carrier is VOYA. Benefit elgible employees can enroll in STD insurance within 30 days of their hire date.
After the initial 30-day window, STD insurance can only be added (or coverage amounts increased) during open enrollment or with a Qualifying Status Change (QSC). Completion of the Evidence of Insurability Form from the employee is required to start the approval process from the carrier.Coverage:Short term disability (STD) replaces a portion of your pay for medical disabilities while you are out of work due to a non-work-related illness or injury. You are eligible to elect coverage up to the lesser of 66.667% of your monthly salary or $3,000 for each month you are on STD. Injuries or illnesses covered under workers compensation benefits are not additionally covered under short term disability. Benefits on a claim begin the first day of an accident or the 8th day of an illness and continue for a maximum of 3 months or 6 months for employees who do not qualify for Long Term Disability.
Short-Term Disability Costs
Cost per $100 of coverage
Class 1 (EE's not eligible for Long-term disability)
$1.496 per $100 of coverage
Class 2 (EE's eligible for Long-term disability)
$1.375 per $100 of coverage