Short term disability insurance? Anyone bought this?

posted 2 years ago in Pregnancy
Post # 2
Member
41840 posts
Honey Beekeeper
  • Wedding: November 1999

kb7:  Many plans require that they are purchased before conception. Some have exclusionary periods of time of 9 or 10 months. That way they collect  many months’ premiums before the baby is born, and most only cover 6 weeks of maternity leave.

Post # 3
Member
3280 posts
Sugar bee
  • Wedding: June 2014

It is extremely difficult to find these types of plans at a reasonable cost outside of employers. 

Post # 4
Member
693 posts
Busy bee
  • Wedding: October 2011

My work doesn’t offer a maternity leave, so I made sure to buy a policy separately.  It’s through AFLAC, and it’s a vendor that my work offers.  I have had the policy for about a year and a half, just in case.  I pay $1200/year, and will get about $3200 for 6 weeks for maternity leave (the premium was based on my salary).

Post # 5
Member
3526 posts
Sugar bee
  • Wedding: September 2013

I pay for it through my employer. My work gives us a “Maternity Leave” but I’d have to use up as many vacation days I can while I also file my short term disability. I was told it could take up to 4 weeks for it to go through, and pays me a percentage of my regular paycheck. 

So basically whenever I do get pregnant, I somehow need to save all my vacation time to use to cover as much Mat. Leave as possible till the insurance kicks in, while also taking off work for the necessary Dr. appointments that come along with pregnancy.

Post # 6
Member
795 posts
Busy bee
  • Wedding: June 2014

Everyone at work uses short-term disability – you have to be on it a full year before conception or it won’t cover your leave. I will be taking out a policy next fall. I haven’t decided if I’ll do it through work or a separate company. 

Post # 8
Member
1446 posts
Bumble bee
  • Wedding: September 2013

It depends a lot on what state you’re in and whether your employer offers it.  If your employer does not, it will likely be difficult or impossible to find a policy.  As you pointed out, if everyone buys it, then gets pregnant and files a claim, it’s hard for it to be worth it for the insurance co.

I am in Massachusetts and hoped to get a private short term policy as it’s not offered by my employer.  I called all of the big insurance companies, as well as some smaller local ones, and over and over was told that each company doesn’t offer it in this state unless it’s through your employer.  I think for the financial reasons you outlined above.

I called Aflac, Aetna, MetLife, Mutual of Omaha, State Farm… and some smaller local ones too. I also tried going through my company’s EAP but got the same resources and the same answers.

Good luck!

Post # 10
Member
2757 posts
Sugar bee
  • Wedding: May 2014

It really depends on his companies policies as to what they will cover for spouces. There is no requirement for any company to cover any spouce benifits.

Even with out the materniaty leave coverage, though, I would have short term disability. It will cover you if you break a leg, or miss work because of a prolonged illness. I had a coworker who relied pretty heavily on her short term disability due to thyroid cancer. She is thankfully in remission, but with out short term disability, she would not have had the money to deal with her treatments without working while she was going through chemo.

Post # 11
Member
449 posts
Helper bee
  • Wedding: November 2016

Yes a friend who is currently pregnant has short term disability and highly suggests people get it. Well the plan we get offered you pay per month. Once you leave on maternity leave along with your sick time pay you get an addtional check while your gone. So extra money along with your regular sicktime off check. Now there is a catch. You have to be enrolled before being pregnant.

Post # 12
Member
1446 posts
Bumble bee
  • Wedding: September 2013

kb7:  I’m not sure, worth asking!

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