Short- & Long-Term Group Disability Insurance in South Florida
When illness or injury keeps someone off the job, group disability insurance helps replace a portion of income so bills still get paid. Marc Rheingold & Associates supports employers everywhere from Miami and Coral Gables to Fort Lauderdale by designing short-term (STD) and long-term (LTD) plans that align with pay cycles, PTO policies, and your budget.
STD Vs LTD: What Each Covers
Short-term disability helps cover weeks to a few months of income for common recoveries such as surgeries or complicated pregnancies. Long-term disability begins after the waiting period and can continue for years, depending on plan terms. We’ll outline benefit percentages, maximums, and duration so managers and employees understand how each benefit works before enrollment.
Own-Occupation, Elimination Periods, And Partial Benefits
Evidence of insurability (EOI) requirements often apply above guaranteed-issue amounts or during late enrollment. We’ll explain when EOI is needed, how employees submit forms, and what to expect from carrier decisions. If someone leaves your organization or retires, many plans allow portability or conversion; we’ll outline timelines and costs so there are no surprises for employees moving from Miami to another city or transitioning to part-time status.
Taxes, Contributions, And Real Take-Home Impact
Who pays the premium affects taxes. Employer-paid benefits are often taxable to the employee; employee-paid benefits with after-tax dollars may be received tax-free. We’ll price employer-paid, employee-paid, and shared funding, then recommend a contribution strategy that balances participation and cost. For multi-location employers along I-95 and the 441 corridor, we can mirror rules to keep payroll simple.
Coordinate With Medical, Life, And Supplemental
Disability sits alongside medical coverage and financial protection for families. Align waiting periods with PTO and short-term leave, confirm how benefits integrate with group health, and consider pairing LTD with group life for fuller protection. For out-of-pocket gaps during recovery, many employers add supplemental insurance such as hospital indemnity or critical illness—valuable for teams across Miami, Fort Lauderdale, and Boca Raton.
Onboarding Help & Annual Reviews
We provide clear employee guides, bilingual meetings by request, and year-round help for new hires. During renewal, Marc Rheingold & Associates rechecks rates, demographics, and claim trends and suggests adjustments if plan design or contributions need a tune-up. The result: steady participation and fewer surprises when someone needs time away to heal.
Coverage Across South Florida
Marc Rheingold & Associates serves the full South Florida region, helping businesses and individuals across Miami-Dade, Broward, and Palm Beach counties. From downtown Miami and Doral to Fort Lauderdale, Boca Raton, and West Palm Beach, we provide responsive, local guidance tailored to each community. Whether your office is in Coral Gables, Weston, Pembroke Pines, or Boynton Beach, our team ensures your benefits run smoothly with quick answers and personal support close to home.
Disability FAQs: Replacement %, Pre-Existing, PTO
How much income does disability insurance replace?
Plans commonly replace 40–60% of earnings up to a monthly maximum. We’ll model options so employees see likely take-home amounts.
What are typical waiting periods?
STD often starts after 7–14 days; LTD commonly begins at 90–180 days. We align waiting periods with PTO and short-term leave.
Do plans cover partial or residual disability?
Many LTD plans include partial or residual benefits to support reduced hours during recovery. We’ll confirm definitions and duration.
Are there pre-existing condition limitations?
Some plans include pre-existing condition clauses with look-back and treatment-free periods. We’ll explain how these rules apply before enrollment.
How does disability integrate with PTO and leave?
We map plan timing to your PTO, sick leave, and any leave policies so employees know when pay continues and when benefits begin.
