Life & Long-Term Disability Insurance
Life & Long-Term Disability Insurance overview
Our Life & Long-Term Disability insurance, provided by Lincoln Financial Group, helps you provide for yourself and your important people at home in the event of severe injury or death. OhioHealth also provides Temporary Disability Pay.
Our Life & Long-Term Disability insurance, provided by Lincoln Financial Group, helps you provide for yourself and your important people at home in the event of severe injury or death. OhioHealth also provides paid Sick Time. Salary continuation is provided for up to 130 days per year. Your annual sick pay allowance is reinstated with the first pay in January.
Our Life & Long-Term Disability insurance, provided by Lincoln Financial Group, helps you provide for yourself and your important people at home in the event of severe injury or death. OhioHealth also provides paid Sick Time. Salary continuation is provided for up to 130 days per year. Your annual sick pay allowance is reinstated with the first pay in July.
Our Life & Long-Term Disability insurance, provided by Lincoln Financial Group, helps you provide for yourself and your important people at home in the event of severe injury or death. OhioHealth also provides Temporary Disability Pay.
We provide Basic Life Insurance at no cost to you, and you can choose additional Voluntary Life Insurance coverage for yourself and your family at your own cost. Age reductions apply for all Life Insurance coverages. Your Dependent Life Insurance is not permitted to exceed the amount you have in total Life Insurance coverage.
If you have been employed for more than 180 days and you are regularly scheduled to work at least 32 hours per pay period, we provide Temporary Disability Pay (TDP) which ensures you have income during a short-term disability or illness. TDP coverage begins after you have missed three scheduled work shifts in a row (or 24 hours of scheduled work time in a row, whichever is less). You can supplement your TDP with Time Away Pay (TAP).
You can also choose:
- Accidental Death & Dismemberment coverage, which pays a benefit if, within 365 days of an accident, a covered individual loses a limb, loses sight or dies as a result of injuries suffered in the accident.
- Long-Term Disability Insurance which picks up where Temporary Disability Pay (TDP) leaves off, pays a benefit when you have been unable to work due to an injury or illness for more than 120 days. Benefits are reduced by payments you receive from other sources, such as family Social Security payments, workers’ compensation and retirement plan benefits (minimum monthly benefit $100). Pre-existing limitations may apply.
- Long-Term Disability Insurance picks up after you have been disabled for 120 days. It provides a benefit to protect your income if an illness or injury keeps you from working for an extended period of time. You are automatically enrolled in long-term disability and will pay taxes on the imputed income for the premium. LTD coverage replaces 60% of your pre-disability base pay. The maximum monthly benefit is $15,000. Benefits are reduced by payments you receive from other sources, such as family Social Security payments, workers’ compensation, and retirement plan benefits (minimum monthly benefit $100). Pre-existing limitations may apply.
- Long-Term Disability Insurance picks up after you have been disabled for 120 days. It provides a benefit to protect your income if an illness or injury keeps you from working for an extended period of time. If you elect LTD coverage, your cost for this coverage is paid on an after-tax basis. For LTD, the coverage replaces 60 percent of your pre-disability base pay. The maximum monthly benefit is $15,000. Benefits from your LTD coverage are reduced by payments you receive from other sources such as family Social Security payments, workers’ compensation and retirement plan benefits (minimum monthly benefit $100). Pre-existing limitations may apply.
- Long-Term Disability Insurance picks up after you have been disabled for 90 days. OhioHealth provides long-term disability (LTD) coverage to protect your income if an injury or illness keeps you from working for an extended period of time. The premium for long-term disability is paid by OhioHealth. The coverage replaces 50 percent of your pre-disability base pay. The maximum monthly benefit is $2,500. Benefits from your LTD coverage are reduced by payments you receive from other sources such as family Social Security payments, workers’ compensation and retirement plan benefits (minimum monthly benefit $100). However, there is a $100 minimum monthly benefit. Pre-existing limitations may apply.
Coverage at a glance
| For you | For your dependents | |
|---|---|---|
| Basic Life Insurance | 12 times your annual salary (maximum $50,000$1,000,000) – provided at no cost to you | — |
| Voluntary Life Insurance | Choose 1 to 4 times your annual salary (maximum $600,000$1,000,000$1,000,000 or $750,000 GI) | Spouse: Choose increments of $5,000 (maximum $110,000). The guaranteed issue amount is $60,000 when you are first eligible. Child(ren): Choose increments of $5,000 (maximum $15,000) Total dependent coverage cannot exceed 100% of your Basic and Voluntary Life Insurance combined |
| Accidental Death & Dismemberment (AD&D) | Choose increments of $25,000 (maximum $500,000) | Spouse only: 50% of your coverage Spouse & Child(ren): Spouse 40% and each child 10% of your coverage Child(ren) only: Each child 15% of your coverage |
| Temporary Disability Pay (TDP) | 70% of base pay for the number of regularly scheduled hours of work you miss (maximum 12090 days in a rolling 12-month period) – provided at no cost to you | — |
| Long-Term Disability (LTD) Insurance | Choose coverage that replaces 60%50% of your pre-disability pay (maximum monthly benefit $6,000$15,000$2,500) | — |
Update your beneficiaries
Go to WorkdayHow much does this benefit cost?
Basic Life Insurance and Temporary Disability Pay are provided at no cost to you.
Voluntary Life Insurance, Accidental Death & Dismemberment, and Long-Term Disability Insurance are paid for with after-tax dollars. Your per pay cost will show in Workday when you elect this benefit.
Basic Life Insurance is provided at no cost to you.
Voluntary Life Insurance, Accidental Death & Dismemberment, and Long-Term Disability Insurance are paid for with after-tax dollars. Your per pay cost will show in Workday when you elect this benefit.
Basic Life Insurance is provided at no cost to you.
Voluntary Life Insurance, Accidental Death & Dismemberment, and Long-Term Disability Insurance are paid for with after-tax dollars. Your per pay cost will show in Workday when you elect this benefit.
Basic Life Insurance, Temporary Disability Pay and Long-Term Disability Insurance are provided at no cost to you.
Voluntary Life Insurance and Accidental Death & Dismemberment are paid for with after-tax dollars. Check Workday for costs.
“Lincoln’s LifeKeys Services for online will preparation helped me with my estate planning – at no cost to me!”
How to make the most of this benefit
- Lincoln Financial Group offer LifeKeys services for estate and financial planning, at no additional cost – to access these services, call (855) 891-3684, or go online to guidanceresources.com (First-time User: Enter Web ID LifeKeys)
- Add dependent coverage – your spouse and any children through the month they turn age 26 are eligible
- Update your beneficiaries in Workday if you have a change in circumstances (read more under Retirement for how to update your Retirement plan beneficiaries)
- Combine these benefits with Critical Illness Insurance to help cover unexpected expenses as a result of a critical illness
- If you or your important people at home need emotional support or counseling following a severe injury or death, the Employee Assistance Program is available to you 24/7
- Change your coverage at any time during the year if you have a relevant and qualified change in family status (e.g. you get married and want to add your spouse) — update your elections in Workday