(Closed) Short term disability

posted 4 years ago in TTC
Post # 16
Member
1592 posts
Bumble bee
  • Wedding: November 2010

I currently have a STD policy that will cover my maternity leave. I can’t remember the particulars at the moment, but I think it’s similar to yours, OP. It is provided through work (though I pay for it out of every paycheck). I figured 60% (or however much) of income is better than no income! 

Post # 17
Member
229 posts
Helper bee
  • Wedding: July 2013

MrsMassey2015:  As for why your coworkers didn’t sign up — I know that it wasn’t until about 4 years ago that my coworkers and I realized that the disability insurance policy we could take out through the school covered maternity.  We honestly had no idea that it would be covered on that type of policy, so I have some friends who didn’t have it for the first, but did for the second, etc.

 

I would absolutely look into it – with my policy, I’ll be getting that money ontop of my regular pay which will allow me to stay out of worker longer without pay since I’ll save the money from early on in my mat. leave.

 

One thing I did look into before I took out the policy was how long until the deductions from my paycheck outweighed my benefits.  For me – it was three years.  So I waited until I was less than 3 years away from TTC before I signed up.

 

Good luck!

Post # 18
Member
2440 posts
Buzzing bee
  • Wedding: March 2012

I have short term disability and my maternity leave was covered.  With my policy you did have to have the policy for a year before you could make a claim so that’s something to check into before you start TTC.  The way mine worked was that it covered 6 weeks for vaginal delivery/8 weeks cesarean or as long as a doctor wrote you out. I was out for 12 weeks by my doctor and so I was covered the entire time.  My policy starts paying 10 days after delivery and after all sick leave is used.  So I had 6 weeks of sick leave banked so I used that and then disability covered the next 6 weeks.  I did get an additional $25 a day for each day of sick leave I used and then was paid 25% of my income on top of my differential that work pays (about 50%) so I ended up getting about 75% pay for 12 weeks, totally worth it for me. 

Post # 19
Member
6887 posts
Busy Beekeeper
  • Wedding: June 2011

Yep for my work for FMLA, it was 6 weeks short term with 60% pay and 6 weeks unpaid.  

Post # 20
Member
1986 posts
Buzzing bee
  • Wedding: June 2012

redhead46:  I didn’t know the short term could be extended, I had thought that the 6/8 weeks were pretty much hard rules unless there were complications.

Post # 21
Member
9544 posts
Buzzing Beekeeper
  • Wedding: August 2013

I chose not to sign up because my company automatically enrolls me in a short term disability that covers 6 weeks vaginal/8 weeks c-section, so the additional policy would only come into effect if I had complications beyond that and I’d have to use my PTO first, which would take me beyond the 12 weeks by FMLA. So I think the chances that I would actually use it would be slim. But, if I didn’t have the basic plan through work, it would be totally different. 

Post # 22
Member
432 posts
Helper bee
  • Wedding: September 2015

Ugh, the sorry state of maternity leave in the US…

Can you sign up any time? We can only sign up once at year at open enrollment, or at the time of a “life event.” That could impact whether it’s worth it for you. Several women in my office have taken unpaid leave because by the time they pay from open enrollment and through however long it takes to get pregnant, the financial gain is pretty neglible, and they often want to take more time than is covered. That being said, I would definitely cost it out to find the break-even point. 

Post # 23
Member
1592 posts
Bumble bee
  • Wedding: November 2010

EmmaMae:  Ugh, the sorry state of maternity leave in the US…

Seriously. I wish the U.S. would catch up with the rest of the world.

 

Post # 24
Member
676 posts
Busy bee
  • Wedding: June 2015

MrsMassey2015:  I have a short term diablility policy through AFLAC that will pay for my leave after giving birth. It covers 60% of my gross salary for 3 months after a 14 day elimination period. It costs me about $15 per week and is auto-deducted from my paycheck. Additionally, NY state requires it’s employers to have STD insurance (by law). I copied the language from the NYS website below:

Disability benefits will pay 50% of your average wages (calculated over the prior eight weeks) up to a maximum of $170 per week. Benefits will begin on your eighth consecutive day out of work; the first seven days is an unpaid waiting period. You can receive benefits for a maximum of 26 weeks in a 52-week period. You will receive payment every two weeks.
For pregnancy, women are covered for six weeks after a normal pregnancy and eight weeks after a Caesarian section (those these lengths may be extended if there are complications). Women filing for post-childbirth benefits receive the same payment as those filing for other disabilities.

Post # 25
Member
3571 posts
Sugar bee
  • Wedding: April 2013

knpswp:  Mine is exactly the same as yours.. wish it was more than 66% but it’s better than nothing!

Post # 26
Member
2440 posts
Buzzing bee
  • Wedding: March 2012

accorn:  The 6/8 rules are pretty standard. Mine was extended to 12 weeks because my doctor wrote me out past my 8 weeks an additional 4 weeks due to post partum anxiety. If I hadn’t been written out by a doctor my benefits would have been over at 8 weeks and if I wanted to take the additional 4 weeks through FMLA it would have been unpaid.

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