August 28, 2015

Disability insurance for SMART Transportation Division members

Short-term disability insurance for railroad workers

The SMART Transportation Division renewed its contract (effective Jan. 1, 2015) with Anthem Life Insurance Co. to provide a group voluntary short-term disability plan for all rail members. Coverage will continue to be automatic unless members choose to waive coverage or “opt-out.”

The disability insurance plan provides a basic “safety net” of coverage for SMART TD members and is designed to work in combination with Railroad Retirement sickness benefits.

The Anthem plan now pays up to $400 per week for up to 34 weeks a year and provides 24-hour coverage, seven days a week, for accidents and sickness. The 24/7 coverage means on- and off-duty coverage for accidents and sickness.

The cost remains $34.50 per month and is collected through payroll deduction.

Anthem Notice of Privacy Practices

 

Long-term disability insurance for railroad workers

Beginning June 29, 2015 through September 30, 2015, an open enrollment period is available for Transportation Division members to enroll in the new Voluntary Long-Term Disability (VLTD) Plan.  

Members will have two options for enrollment into the VLTD plan. For rail members, Part “A” allows the member to purchase coverage to protect their income should they become disabled after a 238-day elimination period with a monthly benefit of 50 percent of salary to a maximum benefit of $7,000. Part “B” contains the same 238-day elimination period, but offers a monthly benefit of 60 percent of salary up to a maximum benefit of $7,000.

Additionally, rail members will have the option of combining one of the above options for the VLTD with the Voluntary Short Term Disability (VSTD) plan or elect the VLTD plan on its own. It should be noted that members electing the VLTD plan only, will be required to pay premiums while on E49 status due to a disability during the 238-day elimination period.

 

Short-term disability insurance for bus workers

Effective July 1, 2013, the $200 weekly benefit has been increased to $210 with no change in premium. The new benefit amount will apply to all disabilities that begin on or after July 1, 2013. Any disabilities that began prior to July 1, 2013, will be paid under the $200 benefit provision.

The SMART Transportation Division has renewed its contract (effective July 1, 2013) with Anthem Life Insurance Co. to provide a group voluntary short-term disability plan for all bus members. Coverage will continue to be automatic unless members choose to waive coverage or “opt-out.”

The disability insurance plan provides a basic “safety net” of coverage for SMART TD members and is designed to work in combination with state-mandated disability programs.

The Anthem plan now pays up to $210 per week for up to 52 weeks a year. Coverage is for off-duty accidents and illness.

The cost remains $26 per month and is collected through payroll deduction.

Anthem Notice of Privacy Practices

 

Long-term disability insurance for bus workers

Beginning June 29, 2015 through September 30, 2015, an open enrollment period is available for Transportation Division members to enroll in the new Voluntary Long-Term Disability (VLTD) Plan. 

For bus members, Part “A” allows the member to purchase coverage to protect their income should they become disabled after a 365 day elimination period with a monthly benefit of 50 percent of salary to a maximum benefit of $6,000. Part “B” contains the same 365 day elimination period, but offers a monthly benefit of 60 percent of salary up to a maximum benefit of $6,000.

Additionally, bus members will have the option of combining one of the above options for the VLTD with the Short Term Disability (VSTD) plan or elect the VLTD plan on its own. It should be noted that members electing the VLTD plan only, will be required to pay premiums while on E49 status due to a disability during the 365-day elimination period.