Short-term disability insurance provides you with a modicum of financial support when you are physically unable to work.
Short-term disability benefits are more valuable than you might assume. Life is unpredictable. Plus, you never quite know when your circumstances will change. Whether or not you have a long road ahead in terms of surgery recovery, you’ll be relieved to hear that you won’t have to pay out of pocket. Here are some notable questions and answers that should give you some peace of mind.
First Off, What is It?
Establishing the difference between short-term disability insurance and long-term disability benefits cannot be ignored. Short-term disability insurance provides you with a modicum of financial support when you are physically unable to work. However, it only applies to non-job-related injuries or illnesses. Suppose you are injured while you’re on the clock – in that case, workers’ compensation will cover it instead.
How Do You Find a Provider?
Finding a provider can feel like you are clearing hurdles on an obstacle course. That said, you can do it quickly enough without too many headaches. For example, your employer could include it in the package of voluntary benefits they offer. It’s a win-win situation because they can get federal tax deductions for doing so. Private non-employer-sponsored short-term disability is an option, but it could be too steep for your liking. Your age and current level of benefits will impact the types of insurance you can receive should you choose to go this route.
What Are Some Qualifications?
When it comes to eligibility concerns, you aren’t alone in your confusion. Many different types of disabilities could qualify you for short-term disability. In general, however, it is a condition that prevents you from doing your job and doing it well. Some examples include childbirth, surgery recovery, illnesses requiring intensive treatments, and injuries resulting from an accident.
Regarding Your Mental Health
Mental health is a significant concern for employers and their employees alike. Maintaining a healthy mental state can affect more than your job performance. It could also damage relationships with co-workers, clients, and loved ones at home. Before you can avail yourself of short-term disability benefits, you’ll need to furnish proof that you’ve struggled with mental health issues for a long time. Getting the documentation from your psychiatrist should suffice.
Another Customer Testimonial
This week’s testimonial comes to use courtesy of Dante Couther of Baltimore County’s DPW. Here’s what he said when he needed help with an insurance claim: “I had help filing and figuring out the claims process by William Fedo. He is always there to help me!” Kudos, William – another job well done!
Get Your Voluntary and Supplemental Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet all your employees’ needs. With over 17 years of experience, The MWE Partnership is your one-stop-shop for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, contact us today! Be sure to like our Facebook page and follow us on Twitter and LinkedIn for all the latest voluntary benefit news!