Long Term Disability
Grand View Hospital offers life term disability insurance. The Long Term Disability insurance is an employer paid benefit.
All full-time employees who are classifed as a full-time employee are eligible after 6 months of continuous full time employment.
All other employees are not eligible to participate in this plan.
Amount of insurance - The lesser of:
60% of basic monthly earnings less other income benefits, except family Social Security benefits; or
70% of basic monthly earnings, less all other income benefits; or
The maximum monthly benefit.
The maximum monthly benefit is $10,000.
The minimum monthly benefit is $50.00.
Elimination Period: 180 days.