PROVIDERS YOU CAN COUNT ON
The University of Utah School of Medicine (UUT SOM) sponsored group disability insurance policy (755343-A) was developed by Health Sciences Assurance Consulting, Inc. (HSAC) in collaboration with the office of student affairs. The insurance plan was developed to meet unique needs faced by medical and other health science students and is periodically updated based upon input from students and student advisors. Working exclusively within the academic Health Sciences community; HSAC has provided informative insurance seminars for students, residents and practitioners to assist them in better understanding and managing their insurance programs.
The UUT SOM sponsored group disability plan is underwritten by the American Medical Association and underwritten by The Standard Insurance Company, 900 SW Fifth Avenue, Portland, OR 97204.
Students suffering a disabling injury or illness should submit notice of their disability to Standard within 30 days of their disability. Disability claim forms are available from the School of Medicine Office of Student Affairs or by click the Documents tab.
Disability Income Insurance Plan Benefit Certificate
|
Duration of Benefit |
Social Security Normal Retirement Age |
|
Monthly Benefit |
$1,500 |
|
Elimination Period |
90 days |
|
Definition of Disability |
For the first 60 months, unable to perform the duties of a student, after 60 months any occupation by way of education training or experience |
|
Offset with Partial Earnings |
Gross monthly benefit reduced by current monthly earnings that exceed $3,000 per month |
|
Minimum Benefit |
$100 |
|
Pre-x Waiting Period |
3/12 pre-x |
|
Mental and Nervous Limitation |
Limits claims payments for mental and nervous claims to 24 Months for each period of continuous disability |
|
Loan Payout Benefit |
$250,000 |
|
Lump Sum Benefit |
$5,000 after 12 month of permanent and total disability |
| Survivor Benefit | 5 Times the Monthly Benefit |
|
COLA Benefit |
4 1/2% annually, 12 month delay |
|
Continuation of Coverage after graduation: |
Students: $2,000 of Guaranteed Issue |
| Stay in School Benefit | Provides resources to stay engaged in studies and avoid a long-term disability claim |
What is not covered: Standard does not cover any period of disability caused, directly or indirectly, by: (a) declared or undeclared war or act of war or armed aggression; (b) your service in the armed forces, National Guard, or military reserves of any state or country; (c) your taking part in a riot or other civil disorder; (d) your commission of, or attempt to commit, a felony; (e) your unlawful use or threat of force on another person without his or her consent; (f) intentional self-injury or attempted suicide while sane or insane; (g) job related or on-the-job injury; or (h) conditions for which benefits are payable by Workers’ Compensation or life laws.
Standard does not pay benefits for any period during which you are confined to any facility as a result of your conviction of a crime or public offense.
Standard does not pay benefits for any period during which you are not under the regular care and treatment of a doctor.
Standard does not pay benefits for any period of disability which starts before you are insured by this plan. In addition, no benefit will be payable for any period during which your loss of status as a regular full-time student is not due to your disability.
CONTINUATION OF COVERAGE AFTER GRADUATION
This plan includes an important conversion privilege to convert your disability coverage when you begin your residency training. The conversion privilege is guarantee issue for all students with no medical underwriting and may convert to a monthly benefit of $2,000.
For questions regarding your disability insurance plan or to learn more about continuing coverage after graduation please call:
Health Sciences Assurance Consulting, Inc. (HSAC. Inc.) at 1-888-978-8355 or email shawn@hsac.com.