Other CSHL Benefits Continued
Income Protection Cold Spring Harbor Laboratory (CSHL) provides income protection to benefits-eligible employees earning a salary through the Short-Term Disability Salary Continuation Plan, and the Long Term Disability Plan (LTD). The Short- Term Disability Salary Continuation Plan is fully funded by CSHL. You have the option to have CSHL pay for your LTD premi- ums or you can elect to pay for your own LTD premiums through post-tax payroll deductions. At the time you go out on LTD, there will be a 3-year look back evaluation to determine the % of premium that was paid for by CSHL versus the % of premium that was paid for by you. If in the 3 years prior to the disability you have paid for all the premiums, the LTD benefit will be tax-free. If in the 3 years prior to disability CSHL has paid for all the premiums, the LTD benefit will be taxable. If in the 3 years prior to disability it is a combination of how payments were made. The amount of LTD payments that will be taxable will be determined by the % of premium that was paid for by CSHL. Accident Insurance - The Hartford An accident can happen to anyone, and recovery can be costly. Your medical insurance may pick up most of the tab, but leave you with out-of-pocket expenses that add up quickly. Accident insurance can help ease the unplanned financial burden by complementing other insurance you may have, including medical and disability coverage. As medical costs continue to rise, this additional layer of financial protection may make a difference at a time when you and your family need it most. Accident Insurance provides cash benefit(s) direct to you for a covered injury and related services , which are indepen- dent from any claims or coverage provided by your medical insurance. You can use the payment in any way you choose – from expenses not covered by your medical plan to day-to-day costs of living, such as the mortgage or your utility bills.
Coverage Level
Monthly Cost
For more information please visit:
Employee Only
$7.94
www.thehartford.com/employeebenefits
Employee and Spouse/Domestic Partner
$12.50
Customer Service: 1-800-523-2233, M-F 8am-8pm ET
Employee and Child(ren)
$13.10
Email: gbdcustomerservice@thehartford.com
Employee and Family
$20.65
Hospital Indemnity - The Hartford You can’t always predict a hospital stay, but you can plan for it. Whether an unexpected accident or a planned event, like childbirth, requires you to stay in the hospital for an extended period – you don’t have to face it without a financial safety net. Health insurance will cover your medical costs. But these benefits help provide an additional layer of financial protection with a cash benefit in the event of a hospital stay. You can use the cash for anything, including medical deduct- ibles, housing, in-home help, or groceries. You have the option to choose between a low or high benefit plan. The high benefit plan will provide a greater First Day Hospital Confinement benefit than the low benefit plan ($2,000 versus $1,000). All other benefits remain the same. Coverage Level Low Plan Monthly Cost High Plan Monthly Cost Employee Only $11.68 $20.05 Employee and Spouse/Domestic Partner $24.34 $41.88 Employee and Child(ren) $21.84 $37.18 Employee and Family $35.99 $61.49
For more information please visit: www.thehartford.com/employee-benefits/employees Customer Service: 1-800-523-2233; M-F: 8 a.m. to 8 p.m. ET Email: gbdcustomerservice@thehartford.com
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