Disability Plans for You
Danaher provides short-term disability (STD) coverage at no cost to you. In addition, you can purchase long-term disability (LTD) coverage at lower group rates negotiated by Danaher during the enrollment period.
All associates working 20 or more hours per week who are unable to work due to serious injury or illness, can receive income protection for you and your family under the STD plan. This benefit is provided automatically and Danaher pays the full cost.
U.S., Hawaii and Puerto Rico associates
After a seven-calendar-day waiting period (U.S., Puerto Rico and Expatriates) or elimination period (Hawaii), your income will be replaced through this program until you return to work or your eligibility ends after a set number of weeks of receiving benefits (the number of weeks depends on your location):
|The plan generally pays 90% of your pay for up to six weeks and then 75% of your pay for the remainder of the first 26 weeks of disability if you are sick or injured and unable to work. This benefit is administered by MetLife. No Statement of Health is required during annual enrollment if you have not enrolled for STD in the past.|
At the end of your STD term, coverage either ends or your long-term disability (LTD) coverage begins (if you enroll in LTD coverage). Your local human resources department can provide details about the STD plan benefits available at your location.
Do you work in California, Hawaii, New Jersey, New York, Rhode Island or Puerto Rico? If so, STD income continuation benefits are provided under mandatory statutory disability insurance (SDI) plans. Your cost and benefits under these programs depend on the laws that apply to such programs, which can change from time to time. If you work in any of these states or in Puerto Rico, your Liberty Mutual claims manager will explain to you how to apply for these benefits that are then coordinated with your STD benefits.
Long-term disability provides peace of mind in case you become ill or injured for a long period of time. If you enroll, your LTD coverage would replace 60% of your monthly base pay after STD coverage ends at 26 weeks. You pay the full cost of this coverage on a post-tax basis.
You may choose to participate in the long-term disability (LTD) plan. LTD benefits will replace up to 60% of your monthly base pay. (For disability coverage purposes, bonuses, overtime pay and extra compensation pay are not included.)
The minimum monthly benefit is $100 or 10% of your monthly disability benefits, whichever is greater. The maximum benefit and monthly cost depend on your classification:
- Regular associates have a maximum monthly benefit of $15,000 per month.
- Certain executives have a maximum monthly benefit of $25,000 per month.
The MyBenefits enrollment website will provide you with the LTD option that applies to you and the cost per pay.
LTD benefits are offset by other disability benefits for which you are qualified, such as Social Security, Workers’ Compensation and benefits from a disability pension plan. LTD benefits begin after your short-term disability benefits end, when you are approved by Liberty Mutual.
As long as you continue to meet the definition of disabled under this plan, your LTD benefits will generally continue until your recovery, retirement or death.
Pre-existing conditions and Evidence of Insurability (EOI)
If you are a current associate enrolling for LTD coverage for the first time during annual enrollment, you must be approved for coverage by Liberty Mutual. While enrolling on the MyBenefits site, you will be directed to print and complete an Evidence of Insurability form that you must mail to Liberty Mutual for approval.
If you are enrolling in Danaher benefits for the first time for as the result of a merger/acquisition, you do not have to be approved for coverage and complete the EOI form. If you have more than one year of LTD coverage with your acquired company, the pre-existing condition limits will also not apply. If you have less than one year of LTD coverage, the 12-month pre-existing condition period will be reduced by the period of your previous LTD participation under your prior LTD plan.
If you are enrolling in Danaher benefits for the first time as a newly hired or eligible associate, you do not have to be approved for coverage. However, benefits are not payable for pre-existing conditions under the LTD plan if you are treated for an illness or injury during the three months before coverage begins and you take disability leave due to that condition during the first 12 months of coverage.