Page 21 - Vidant Health 2021 Benefit Guide
P. 21
Vidant Health Benefits Guide
Disability
The disability beneits consist of a Short-term Disability (STD) Plan, Long-term Disability (LTD) Plan, and an
Extended Illness Bank (EIB) for certain eligible team members. The plans work together to replace a portion of
your income when you are on an approved absence from work for your own serious health condition. Only for
Annual Enrollment 2021 you can select a disability plan without submitting an Evidence of Insurability (EOI).
Plan Beneit Amounts and Guidelines Short-Term Disability Income Replacement Schedule*
Extended Full-time and part-time members receive Income Replacement
Illness Bank a beneit for income replacement Years of Service Level
(EIB) based on accumulated hours prior to Less than 5 years 60%
12/14/2014
Income replacement at 100% Greater than 5 but less than 10 years 80%
Contact Lincoln Financial to ile your 10+ years 100%
disability claim: 800-213-3805 * NOTE: If you become disabled during the irst 12 months of coverage
Short-term Provides coverage after a seven-day due to a pre-existing condition, the Long-term Disability Plan may not
Disability elimination period pay beneits.
(STD) Maximum duration is 90 days per event
Full-time team members receive a beneit Your effective date of coverage is the irst day of the
for income replacement based on years month following 30 days of employment or the irst
of service day of the month following 30 days of transferring into
$2,000 maximum weekly beneit a beneit eligible classiication.
Team members with less than 5 years
of service may purchase a supplemental
buy-up plan to increase income Example: When Short-term Disability
replacement up to 80% (STD) Pay Begins
Team members enrolled in the STD buy- If date of disability is January 15, 2021.
up plan have a $2,500 maximum weekly
beneit Waiting period would be January 15-21 (PTO can
Contact Lincoln Financial to ile your STD be used during the seven-day waiting period).
claim: 800-213-3805
Long-term Provides coverage after a 90 day STD pay (income replacement) begins
Disability elimination period January 22, 2021.
(LTD) Replaces 50% of your pre-disability pay
($5,000 monthly maximum) STD pay ends April 14, 2021 (90th day of disability)
Pre-existing conditions apply* at which time Long-term Disability beneits may be
Contact Lincoln Financial to ile your LTD payable.
claim: 800-213-3805
For more detailed information, please see the
summary plan descriptions available on AskPhin
(www.AskPHIN.com).
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Disability
The disability beneits consist of a Short-term Disability (STD) Plan, Long-term Disability (LTD) Plan, and an
Extended Illness Bank (EIB) for certain eligible team members. The plans work together to replace a portion of
your income when you are on an approved absence from work for your own serious health condition. Only for
Annual Enrollment 2021 you can select a disability plan without submitting an Evidence of Insurability (EOI).
Plan Beneit Amounts and Guidelines Short-Term Disability Income Replacement Schedule*
Extended Full-time and part-time members receive Income Replacement
Illness Bank a beneit for income replacement Years of Service Level
(EIB) based on accumulated hours prior to Less than 5 years 60%
12/14/2014
Income replacement at 100% Greater than 5 but less than 10 years 80%
Contact Lincoln Financial to ile your 10+ years 100%
disability claim: 800-213-3805 * NOTE: If you become disabled during the irst 12 months of coverage
Short-term Provides coverage after a seven-day due to a pre-existing condition, the Long-term Disability Plan may not
Disability elimination period pay beneits.
(STD) Maximum duration is 90 days per event
Full-time team members receive a beneit Your effective date of coverage is the irst day of the
for income replacement based on years month following 30 days of employment or the irst
of service day of the month following 30 days of transferring into
$2,000 maximum weekly beneit a beneit eligible classiication.
Team members with less than 5 years
of service may purchase a supplemental
buy-up plan to increase income Example: When Short-term Disability
replacement up to 80% (STD) Pay Begins
Team members enrolled in the STD buy- If date of disability is January 15, 2021.
up plan have a $2,500 maximum weekly
beneit Waiting period would be January 15-21 (PTO can
Contact Lincoln Financial to ile your STD be used during the seven-day waiting period).
claim: 800-213-3805
Long-term Provides coverage after a 90 day STD pay (income replacement) begins
Disability elimination period January 22, 2021.
(LTD) Replaces 50% of your pre-disability pay
($5,000 monthly maximum) STD pay ends April 14, 2021 (90th day of disability)
Pre-existing conditions apply* at which time Long-term Disability beneits may be
Contact Lincoln Financial to ile your LTD payable.
claim: 800-213-3805
For more detailed information, please see the
summary plan descriptions available on AskPhin
(www.AskPHIN.com).
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