IN THIS SECTION:
Products: Voluntary Group STD (VSTD)
The VSTD product provides employees with the choice of insurance coverage that best meets their needs. The product offers a variety of plan options, and provides a monthly benefit to eligible employees due to a covered injury or sickness. The employee pays the entire cost of the plan.
Key VSTD Product Features
| Eligible Class Descriptions | Between 20 hours and 40 hours |
| Benefit Percentages | Between 40% and 60% of pre-disability earnings |
| Maximum Payment Amount | Up to $2,500 per week; flat benefits are also available |
| Minimum Payment Amount | Between $25 and $75 per week |
| Maximum Benefit Periods | Between nine and 52 weeks |
| Elimination Periods for Accidental Injuries | Between zero and 60 days |
| Elimination Periods for Sickness or Pregnancy | Between seven and 60 days |
| Non-occupational and 24-hour Coverage | Coverage available |
| First Day Hospital Confinement Benefit | Options available |
| Tax Services | FederalFICA payment and W-2 tax form preparation and filing servcie available |
| Definition of Disability | Own job / Reasonable Employment Option with choice of total, partial, or residual disability included |
| Exclusions and Limitations | Included with a pre-existing condition exclusion |
Support Services
Leave Management Administrator II Web based FMLA (Federal and State)
integrated with ATP STD claims administration for groups
500 to 2,499 lives, and ATP STD integrated with all leaves for
groups 2,500+ lives.