Disability and Long-Term Care Insurance
Both short and long-term disability plans are voluntary options available to provide income replacement when an employee experiences a serious illness or injury. The premiums for disability are paid by the employee on an after-tax basis, so the benefit is not taxed when receiving the benefit. The short-term disability plan replaces 65 percent of pre-disability income for up to 179.Long-term disability provides 65 percent of pre-disability income replacement after 180 days. The maximum weekly benefit for short-term disability is $1,250 and the maximum monthly benefit for long-term disability is $5,417.
Employees can purchase long-term care insurance at group rates through an OHSU agreement with the Prudential Insurance Company of America. The benefit is also available to an employee’s qualified family members, including spouse/domestic partner, parents, grandparents and adult children. Premiums are paid in full by the employee or other insured. The long-term care insurance plan is fully portable.