Short Term Disability

Regular Status U of L employees who work at least 15 hours per week have the option to enroll in a short-term disability insurance plan (STD) as part of the voluntary benefits the university offers. The short-term disability plan complements the university's long-term disability plan, which starts paying after an employee has been totally disabled for six months.

Under the short-term disability plan, employees can receive up to 60% of the employee's salary (maximum of $3000 per month) in coverage. Further, STD covers on and off- the-job accidental injuries as early as the first day of total disability Covers on and off-the-job sicknesses as early as the 15th day of total disability. Benefits can begin on the 1st day admitted, if hospitalized for a covered sickness.

Benefits summary

Provider - KMG

Plan - Income Protector Plan

• Pays up to $3000 per month, not to exceed 60% of your income.
• Allows you to use the money to cover everything from lost wages to medical expenses.
• Covers pre-existing conditions (after 12 months).
• Covers pregnancy after being a member for 360 days.
• Has fully portable and guaranteed-renewable provisions.
• Pays in addition to other disability coverage you may have.

There are two types of Income Protector Plans:

• Class One pays for a six-month period beginning 14 days after total disability due to injury or sickness.
• Class Two pays for a 12- month period beginning 14 days after total disability due to injury or sickness.

The application process for short-term disability coverage includes answering some health questions (also called medical underwriting). Although the University hopes everyone who applies will receive coverage, your acceptance is not guaranteed.

Rates

Premium levels vary, depending on your salary and the level of coverage you select. They are payable through payroll deduction on an after-tax basis.

For Questions and enrollment call: KMG @ 1-866-475-5642, option 1

For questions about an existing contract, call 1-800-333-4638

You may enroll at any time and will have to answer health questions to qualify.

Long Term Disability Insurance

The University provides Long Term Disability Insurance at no cost to you when you participate in the University of Louisville Retirement Plan. Long Term Disability (LTD) is designed to provide long term compensation to employees who, due to disability, are prevented from being actively employed.

Under LTD, if you become totally disabled while insured and remain disabled beyond a six-month qualifying period, the university's LTD plan will pay the greater of 60 percent of your monthly base salary or 60 percent of your monthly average earnings from the past two calendar years just before the start of the period of disability. The maximum benefit available is $5,000 per month (if you make under $100,000 per year) or $10,000 per month (if you make over $100,000 per year).  Any disability benefits you receive from other sources are an offset and are subtracted from your Long Term Disability monthly benefit amount. In addition to the income benefit, the university's LTD plan also provides a pension accrual benefit. Fifteen percent of the first $833.33 of your monthly salary, up to $125 per month, is contributed to a retirement account with TIAA-CREF.

The complete certificates of coverage for this benefit may be found at the following links: Certificate of Coverage 01 (DOC) (under $100,000 per year) or Certificate of Coverage 03 (DOC) (over $100,000 per year).

For more information, employees should contact Anthem Life at 800-813-5682 or contact the Benefits Office at louisville.edu/hr/help or (502) 852-6258.