ALPA Disability Plans Open Enrollment—Now Boarding! Pilots are more
likely to suffer a loss of medical certification than death during their working
years. That’s why ALPA offers voluntary, member-paid income replacement programs
designed to provide income in the event that you are unable to work or exercise
the privileges of your FAA medical certificate. We encourage all of our members
to conduct a regular review of their income replacement needs, including a
review of policy terms, conditions, exclusions, and limitations, and this open
enrollment offers a great opportunity to review your plans and add coverage as
necessary.
As part of the open enrollment, now through May 15, eligible members can
enroll in a monthly loss of license plan (up to $1,200) and/or a short-term
disability plan (50 percent of salary up to $1,000 per week) on a guarantee
issue basis.
ALPA’s new short-term disability plan (as of Nov. 1, 2012)
includes some enhancements. For example, there are no offsets for sick leave,
vacation, salary continuation payments, other insurance, statutory disability
benefits (in Calif., Hawaii, N.Y., N.J., P.R., and R.I.), or employer-provided
benefits.
It is important to note that while ALPA’s Member Insurance plans have no
offsets, some employer-provided plans and other group or individual programs may
offset the amount of benefits that they pay by the amount of income or benefits
you receive from other sources, including amounts you receive from ALPA’s
disability plans. Therefore, we recommend that you carefully review the terms of
your employer-provided and other disability benefit programs and insurance
policies.
An enrollment package was mailed to all members earlier this month, and you
can also find the application to increase or add coverage at
http://memberinsurance.alpa.org. Act fast as this open-enrollment opportunity
ends on May 15, 2013. |