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Cigna Long Term Disability Partner Physicians
Prepare for the Unexpected with Long Term and Associate
Physicians
Disability (LTD) Insurance
Eligible employees are able to purchase voluntary LTD insurance (100% You are eligible to participate in an
LTD plan through Cigna. You may
employee paid) which provides beneits should you become disabled elect a monthly beneit equal to
because of a non-occupational illness or injury and cannot work in your 50% of your covered earnings with
own job, you would qualify for LTD. This beneit would begin paying on a maximum beneit of $10,000 for
the 91st day of the illness or injury, but may continue until retirement. Associate Physicians and Partner
You would receive 60% of your monthly earnings to a maximum of Associates. There is a maximum of
$20,000 for Partner Physicians.
$10,000 per month.
Note: A diferent percentage
Pre-existing conditions will not be covered if the employee incurred and maximum beneit amount
may be applicable to your
expenses, received medical treatment, care or services including diagnostic practice. Please contact
measures, took prescribed medications, or for which a reasonable person AONBeneits@aoncology.com for
further information.
would have consulted a physician within three months before effective
date of insurance. Pre-existing conditions clause will be satisied after 12
months of continuous enrollment. Effects of Other
Income Benefits
Employee LTD Calculation The disability beneit provided by
this plan is a total beneit; which is,
To calculate your LTD bi-weekly payroll deduction, use the formula it will be reduced by any disability
indicated below. Round all numbers to the nearest whole number. beneits payable on behalf of you
or your dependents, or a qualiied
Employee—Calculate Your LTD Bi-Weekly Payroll Deduction third-party on behalf of you or your
1 Enter your annual salary* $ dependents, whether or not you are
2 If you work part-time, to calculate your annual salary: $ actually receiving them. Examples
Hourly rate × # scheduled hours per week = weekly salary; of other income sources which may
Weekly salary × 52 = annual salary reduce your beneits include, but
3 Divide your annual earnings by 12 (monthly income); average $ are not limited to, Social Security
monthly income cannot exceed $16,666 disability or retirement beneits,
4 Multiply the amount on line 2 by 0.60 $ Railroad Retirement Act, company
5 Divide the amount on line 3 by 100 and enter the amount on $ sponsored sick leave, and workers’
line 4 to get your monthly cost compensation.
6 Multiply the amount on line 4 by 12 to get your annual cost $
7 Divide the annual cost by 26 to get your bi-weekly cost $
* To determine your annual salary, multiply your hourly rate by 2,080 hours.
An evidence of insurability (EOI) form is required for approval if
you did not choose this beneit when irst eligible. The EOI must be
approved before coverage begins.
Note: Executive, and certain Physician classes may be eligible for supplemental income protection with Guardian Life, and additional disability
insurance protection through Lloyds of London. Details are available through SyncHR.
American Oncology Network 17
Prepare for the Unexpected with Long Term and Associate
Physicians
Disability (LTD) Insurance
Eligible employees are able to purchase voluntary LTD insurance (100% You are eligible to participate in an
LTD plan through Cigna. You may
employee paid) which provides beneits should you become disabled elect a monthly beneit equal to
because of a non-occupational illness or injury and cannot work in your 50% of your covered earnings with
own job, you would qualify for LTD. This beneit would begin paying on a maximum beneit of $10,000 for
the 91st day of the illness or injury, but may continue until retirement. Associate Physicians and Partner
You would receive 60% of your monthly earnings to a maximum of Associates. There is a maximum of
$20,000 for Partner Physicians.
$10,000 per month.
Note: A diferent percentage
Pre-existing conditions will not be covered if the employee incurred and maximum beneit amount
may be applicable to your
expenses, received medical treatment, care or services including diagnostic practice. Please contact
measures, took prescribed medications, or for which a reasonable person AONBeneits@aoncology.com for
further information.
would have consulted a physician within three months before effective
date of insurance. Pre-existing conditions clause will be satisied after 12
months of continuous enrollment. Effects of Other
Income Benefits
Employee LTD Calculation The disability beneit provided by
this plan is a total beneit; which is,
To calculate your LTD bi-weekly payroll deduction, use the formula it will be reduced by any disability
indicated below. Round all numbers to the nearest whole number. beneits payable on behalf of you
or your dependents, or a qualiied
Employee—Calculate Your LTD Bi-Weekly Payroll Deduction third-party on behalf of you or your
1 Enter your annual salary* $ dependents, whether or not you are
2 If you work part-time, to calculate your annual salary: $ actually receiving them. Examples
Hourly rate × # scheduled hours per week = weekly salary; of other income sources which may
Weekly salary × 52 = annual salary reduce your beneits include, but
3 Divide your annual earnings by 12 (monthly income); average $ are not limited to, Social Security
monthly income cannot exceed $16,666 disability or retirement beneits,
4 Multiply the amount on line 2 by 0.60 $ Railroad Retirement Act, company
5 Divide the amount on line 3 by 100 and enter the amount on $ sponsored sick leave, and workers’
line 4 to get your monthly cost compensation.
6 Multiply the amount on line 4 by 12 to get your annual cost $
7 Divide the annual cost by 26 to get your bi-weekly cost $
* To determine your annual salary, multiply your hourly rate by 2,080 hours.
An evidence of insurability (EOI) form is required for approval if
you did not choose this beneit when irst eligible. The EOI must be
approved before coverage begins.
Note: Executive, and certain Physician classes may be eligible for supplemental income protection with Guardian Life, and additional disability
insurance protection through Lloyds of London. Details are available through SyncHR.
American Oncology Network 17
