City of Athens 2023 Enrollment Guide.pptx

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EMPLOYER PAID LONG TERM DISABILITY INSURANCE CARRIER: STANDARD Long-term disability (LTD) insurance is automatically provided to all benefits-eligible employees at no cost. LTD insurance is designed to help you meet your financial needs during longer disability periods. Benefit may be offset due to other benefits such as paid sick leave, workers’ compensation. Monthly Benefit 50 percent of the first $12,000 of monthly predisability earnings, reduced by deductible income (e.g., work earnings, workers’ compensation, state disability, etc.) Maximum Monthly Benefit $6,000 Minimum Monthly Benefit Benefit Waiting Period Definition of Disability Maximum Benefit Period $100 or 10 percent of the Long Term Disability benefit before reduction by deductible income (whichever is greater). 90 days For the benefit waiting period and the first 24 months that Long Term Disability benefits are payable, you will be considered disabled if, as a result of physical disease, injury, pregnancy or mental disorder: ● You are unable to perform with reasonable continuity the material duties of your ● own occupation, and You suffer a loss of at least 20 percent of your predisability earnings when working in your own occupation. You are not considered disabled merely because your right to perform your own occupation is restricted, including a restriction or loss of license. After the own occupation period of disability, you will be considered disabled if, as a result of a physical disease, injury, pregnancy or mental disorder, you are unable to perform with reasonable continuity the material duties of any occupation. If you become disbaled before age 62, Long Term Disability benefits may continue during disability until age 65 or to the social Security Normal Retirement Age (SSNRA) or 3 years 6 months, whichever is longest. If you become disable at age 62 or older. benefit duration is determined by age when disability begins: Age 62 63 64 65 66 67 68 69+ Maximum Benefit Period To SSNRA, or 3 years 6 months, whichever is longer To SSNRA, or 3 years, whichever is longer To SSNRA, or 2 years 6 months, whichever is longer 2 years 1 year 9 months 1 year 6 months 1 year 3 months 1 year 28
VOLUNTARY LIFE INSURANCE CARRIER: STANDARD Help protect your loved ones from financial hardship. This coverage is designed to help provide financial support and stability to your family should you pass away. You can also cover your eligible spouse and child(ren). Life insurance is an easy, responsible way to protect your family from financial hardship during a difficult time and into the future. Employee Coverage ● Newly hired employees may elect a coverage amount between $10,000 and $250,000 in increments of $10,000 up to a guarantee issue of $100,000; not to exceed 6 times your annual earnings. ● At annual enrollment, if you are currently enrolled in Additional Life insurance for an amount less than $100,000, you may elect to increase your coverage by one or two increments of $10,000 annually, up to, but not to exceed, the guarantee issue amount of $100,000 without having to answer health questions. If you are not currently enrolled in Additional Life insurance, you may elect to increase your coverage by one or two increments of $10,000 annually, up to, but not to exceed, the guarantee issue amount of $100,000 without having to answer health questions. Spouse Coverage - you can secure term life insurance for your spouse if you select coverage for yourself. ● ● Newly hired employees may elect a coverage amount on his/her spouse between $5,000 and $50,000 in increments of $5,000 up to a guarantee issue of $50,000; not to exceed 100% of the employees amount. At annual enrollment, if your spouse is currently enrolled in Dependents Life insurance for an amount less than $50,000, you may elect to increase coverage by one or two increments of $5,000 annually, up to, but not to exceed, the guarantee issue amount of $50,000 without having to answer health questions. If your Spouse is not currently enrolled in Dependents Life insurance, you may elect to increase coverage by one or two increments of $5,000 annually, up to, but not to exceed, the guarantee issue amount of $50,000 without having to answer health questions. Dependent Children Coverage - you can secure term life insurance for your dependent children under age 26 when you select coverage for yourself. ● Newly hired employees may elect a coverage amount on his/her dependent children between $2,000 and $10,000 in increments of $2,000; not to exceed 100% of the employee’s amount. ● At annual enrollment, you may elect a coverage amount on your children between $2,000 and $6,000 in increments of $2,000 not to exceed the employee’s amount. If you and/or your spouse were previously declined coverage by The Standard, you and/or your spouse will need to submit a medical history statement in order to apply for any amount of coverage during the Annual Enrollment Period. Visit www.standard.com/mhs to complete and submit a medical history statement online. 29
Page 1 and 2: EMPLOYEE BENEFITS ENROLLMENT GUIDE
Page 3 and 4: BENEFITS OVERVIEW ENROLLMENT You ca
Page 5 and 6: EMPLOYEE NAVIGATOR ENROLLMENT INSTR
Page 7 and 8: MEDICAL INSURANCE 7
Page 21 and 22: EMPLOYEE ASSISTANCE PROGRAM 21
Page 23 and 24: DENTAL INSURANCE 23
Page 25 and 26: VISION INSURANCE 25
Page 27: EMPLOYER PAID LIFE and AD&D INSURAN
Page 31 and 32: VOLUNTARY LIFE INSURANCE 31
Page 33 and 34: VOLUNTARY LIFE INSURANCE 33
Page 35 and 36: IMPORTANT CONTACTS BENEFIT Carrier

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