If a hospital stay is required, additional hospital confinement benefits are paid. This plan also pays a medical fee benefit for accidental injury, even if no disability absence from work occurs. If you tax-shelter the premiums through payroll deduction for the Disability Income Insurance, the IRS requires that most benefits you might receive under that plan be fully taxable. If you do not want the benefits to be taxable, you can have the plan set up as a bank draft, but you forfeit the tax-sheltering of the premiums. Any taxable benefit received will be reflected on your W-2 forms.
Dependent coverage is available at reduced levels of benefits.
It provides immediate income during the 60-day waiting period before the State Disability Plan begins. At-home benefits start on the first day for accidents and the eighth day for illness or pregnancy. Initial benefits pay up to 90 days. An additional hospital confinement benefit is paid starting the first day for accidents, illness, or pregnancy. There are also additional injury benefits paid for fractures and dislocations.