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How long does employer has to keep insurance on you when out on disability?
Wiki User
∙ 12y ago
Your employer does not. Under a federal act known as COBRA (1985), you are entitled to continue your coverage through your employer's health insurance company at the full rate (your premium plus whatever your employer paid) or you may elect a lesser coverage plan under the same health provider, for up to 18 months (in most cases).
While there is an additional act known as ARRA (2009) in which the government provides some eligible individuals with up to 65% of their health insurance through COBRA, the ex-employee is fully responsible for the full cost of the insurance - the employer has no responsibility to pay.
Wiki User
∙ 14y ago
Wiki User
∙ 12y ago"Out on disability" for how long? If it is only a temporary absence with an assurance that you're coming back to work - and your insurance is part of your salary/pay package, it should remain in effect.
On the other hand, if you are out permanently with no possibility, or thought, of returning to work, your insurance will probably end at about the same time as your final paycheck. This may be governed by the workplace laws of the various states, or even federal law, but it is an eventual reality which you will have to face.
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Does Virginia have long term disability?
You have to check into Social Security disability, if you don't have your own disability insurance (individual policy, or through your employer); It is recommended that you get your own Disability Insurance policy if your employer does not offer such benefits. Yes, there are disability insurance policies available in Virginia.
Purchase Disability Insurance?
form_title=Purchase Disability Insurance form_header=If you're suffering from a disability, insurance can help pay for bills and other needs. Have you received disability insurance in the past?= () Yes () No Does your employer offer disability insurance?= () Yes () No How quickly, and for how long, do you need disability insurance?=_
How do you extend CA state short term disability?
Are you currently disabled? If so, check with your employer and / or state's social security disability benefits. If not currently disabled, you can get individual long-term disability protection from a handful of disability insurance companies, or through your employer.
Do you have to apply for Social Security Disability when you start getting Long Term Disability from your employer?
Yes, if your disability insurance policy has a benefit that is integrated with social insurance benefits.Most employer paid disability insurance policies are integrated with social security benefits, because of the lower premium they have to pay. Individual disability insurance plans can be purchased with or without social security integration. Benefits that are not integrated with social security benefits will not be affected whether you apply or not for social security disability benefits.
Are long term disability payments paid by companies insurance policy taxable by state and state governments?
If the Long-Term Disability benefits you receive are from a company sponsored program, the taxation is dependent on whether your employer pays the premiums. Assuming that your employer pays for and provides the insurance to you, then the benefits you receive are taxable as ordinary income.
Are long term disability payments taxable if employee pays for coverage through their company?
You should consult with a tax specialist, but generally employer paid disability insurance benefits are taxable.
If you were diagnosed with MS on Nov 9 2007 and you have been on disability since and your employer has terminated you can you still collect disability?
If you had active coverage under your group short-term disability or long-term disability plan on November 9, 2007, then you may be eligible for benefits. You will have to find out what insurance company handled your disability benefits during that period of time, and then follow-up with them. Whether you are actually eligible for benefits will depend on the contract your employer had/has with this insurance company. Some contracts have late filing penalties, some have clauses regarding termination of employment, etc. Long story short - call that insurance company. You may be eligible for disability benefits.
How long does employer keep you on health insurance after layoff?
Usually a very short and limited amount of time, if any at all. Most layoffs occur on the last day of the month - consequently your health insurance also ceases on that same day.
Where could one find a lawyer to assist with a long term disability insurance claim?
One can find a lawyer to assist in long term disability insurance claim in the phone book under lawyers. The lawyers often dealing with long term disability insurance will help you get paid when you have a disability.
Is long term care insurance the same as long term disability insurance?
No, long term care insurance is designed to cover the costs of medical and personal care for individuals who need assistance with daily activities due to aging, illness, or disability. Long term disability insurance, on the other hand, provides income replacement if you are unable to work due to a disability.
Is group life insurance deductible as a business expense?
An employer's contribution to a group insurance plan is deductible as a business expense. This benefit is not taxable to the employee. An employee may not deduct a portion of the premium he cost shares with his/her employer. Typically a group benefit plan includes drug and dental coverage, lfe and long term disability . Where there may be cost sharing of the premium, an employer's contribution shoud always be to the health and dental portion. If any part of the premium for the long term disability is paid for by the employer, should the employee become disabled, then that benefit (usually up to 67% of the pre-disability earnings) would be taxable in the hands of the employee.
Can your employer cancel your health insurance when you are on short term or long term disability because you did not make a payment on your insurance like is normally done through your paycheck?
Your employer's obligation to pay premiums normally stops when your paycheck does, that is, when your medical and personal leave is exhausted, and there is nothing left to deduct the premiums with. When that happens, the insurance company, not your employer, cancels your health insurance for lack of premiums. There are many ways to avoid this tragedy, including donation of leave by co-workers, if permitted, to keep the paychecks coming, or employer paying premiums for you until you are able to return to work. Good luck. JJ
