Page 23 - Dawson 2022 Benefits Guide
P. 23
2022 Benefits Guide 23
SHORT-TERM DISABILITY
DAWSON is pleased to provide all employees company paid short-term disability coverage to help provide financial
security until you get back on your feet and return to work. The plan covers 60% of your weekly salary up to $1,250
per week for up to 3 months. Short-term disability coverage begins on the 8th day for an accident or illness. See the
Employee Handbook for further detail regarding the usage of short-term disability.
LONG-TERM DISABILITY
DAWSON is pleased to provide all employees company- Employees also have the option to “buy-up” to 66.67%
paid long-term disability insurance to provide financial of your pre-disability long-term disability earnings to a
security should you be out of work for an extended period. maximum of $10,000 per month at the cost of $0.348
Disabilities lasting more than 90 days are considered per $100 of monthly earnings.
“long-term.” In the event you are unable to work due If you do not elect buy-up coverage during this initial
to any accident or illness, this program will pay you a enrollment period and elect buy-up coverage at a
monthly benefit of 50% of your pre-disability monthly future open enrollment, you must complete evidence
earnings to a maximum of $10,000 per month. Upon of insurability and be approved by Lincoln for coverage
approval, benefits will begin on the 91st day and will to be effective.
continue until you are no longer disabled or up to five
years. The plan has a pre-existing condition limitation * You must be actively at work on your effective date for
coverage to be effective.
exclusion. A pre-existing condition is any condition/
symptom for which you consulted with a physician, An example of the cost calculation for “buy-up” long-
received treatment, or took prescribed drugs in the 12 term disability coverage is shown below:
months prior to your effective date under plan. If you • A 35-year-old who earns $2,000 per month is
become disabled within the first 12 months of coverage used as the example:
due to a pre-existing condition, no benefits will be • $2,000 monthly earnings divided by 100 times
provided by the plan. Please review your enrollment rate of $0.348 = $6.96
materials on workforcenow.ADP.com for more plan • Bi-weekly cost is $3.48
details. • Weekly cost is $1.61
SHORT-TERM DISABILITY
DAWSON is pleased to provide all employees company paid short-term disability coverage to help provide financial
security until you get back on your feet and return to work. The plan covers 60% of your weekly salary up to $1,250
per week for up to 3 months. Short-term disability coverage begins on the 8th day for an accident or illness. See the
Employee Handbook for further detail regarding the usage of short-term disability.
LONG-TERM DISABILITY
DAWSON is pleased to provide all employees company- Employees also have the option to “buy-up” to 66.67%
paid long-term disability insurance to provide financial of your pre-disability long-term disability earnings to a
security should you be out of work for an extended period. maximum of $10,000 per month at the cost of $0.348
Disabilities lasting more than 90 days are considered per $100 of monthly earnings.
“long-term.” In the event you are unable to work due If you do not elect buy-up coverage during this initial
to any accident or illness, this program will pay you a enrollment period and elect buy-up coverage at a
monthly benefit of 50% of your pre-disability monthly future open enrollment, you must complete evidence
earnings to a maximum of $10,000 per month. Upon of insurability and be approved by Lincoln for coverage
approval, benefits will begin on the 91st day and will to be effective.
continue until you are no longer disabled or up to five
years. The plan has a pre-existing condition limitation * You must be actively at work on your effective date for
coverage to be effective.
exclusion. A pre-existing condition is any condition/
symptom for which you consulted with a physician, An example of the cost calculation for “buy-up” long-
received treatment, or took prescribed drugs in the 12 term disability coverage is shown below:
months prior to your effective date under plan. If you • A 35-year-old who earns $2,000 per month is
become disabled within the first 12 months of coverage used as the example:
due to a pre-existing condition, no benefits will be • $2,000 monthly earnings divided by 100 times
provided by the plan. Please review your enrollment rate of $0.348 = $6.96
materials on workforcenow.ADP.com for more plan • Bi-weekly cost is $3.48
details. • Weekly cost is $1.61
