Page 18 - Jones and Frank Benefits Enrollments Guide

Long Term Disability Benefits

Long Term Disability with Guardian

 Employees pay 100% of the cost of this benefit
 Benefits are tax-free
 Benefit amount is 60% of insured’s monthly salary.
 $6,000 maximum benefit per month.

 Elimination period of 180 days applies.
 Definition of disability is 24 months Regular Occupation.
 24 month return-to-work incentive

 You have the opportunity to enroll for 2018 without Evidence of
Insurability!! If you waive coverage for 2018 but elect to enroll at a
subsequent enrollment period, you will be considered a late entrant. Late
entrants (employees who don’t enroll when initially eligible) must complete
Evidence of Insurability (EOI).
 Pre-existing condition limitation of 3/12
o Conditions that have been diagnosed and treated 3 months prior to
effective date of coverage will not be covered for the first 12 months

even if they render the insured disabled. (applies to new hires)

Long-Term Disability Premium Example:

Full-Time employees pay $0.44 per $100 of Monthly Covered Earnings

If you make $3,000 per month, you qualify for an $1800 monthly benefit.

The Monthly cost would be $13.20.

This would be a weekly deduction of $3.05.

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