Originally Posted by LorienEllen
I was disappointed in my short-term disability because I was misled as to what it would provide. As long as you speak to HR and they are clear then I would say definitely go for it.
Overall, I vote yes as long as the cost is reasonable (or free as an employee benefit) but like the PP, I was really shocked and disappointed when I discovered how little coverage it provided. I worked at a publicly traded company at the time with a good benefit package.
My memory is hazy on the exact numbers but from what I remember, it didn't kick in until I was off for 4 weeks. During that 4 weeks, I was required to use all available paid time off, which wasn't a problem because I had tons of time off.
The short term disability payments kicked in for weeks 5 and 6 only. Had I not had enough paid time off, I would have gotten nothing for the first the first 4 weeks and payments only for weeks 5 and 6.
Don't get me wrong, something was better than nothing but this particular benefit wasn't as valuable is I was led to believe by the HR department. The "6 weeks for short-term disability" for maternity leave ended up being two weeks of partial pay, I think it was 70% of regular salary.
We offer short-term disability plans at my work and the cost and coverage really varies depending on how much income you want to replace and for how long. Read the fine print very carefully so you know exactly what to expect.