175 / 537
Benchmarking │ Short Term Disability Plan
Design
44%
23%
8%
25%
Definition of Disability
Residual
Total Disability
Partial
Other
16%
17%
31%
4%
16%
16%
Maximum Benefit Period
11 Weeks
12 Weeks
13 Weeks
24 Weeks
26 Weeks
Other
33%
36%
28%
4%
Elimination Period
1/8 Days
8/8 Days
15/15 Days
30/30 Days
66%
16%
18%
Contributory Basis
Non-Contributory
Contributory
Voluntary
14%
42%
28%
16%
Maximum Weekly Benefit Amount
<=$500
$501-$1,000
$1,001-$1,500
$1,501+
2%
80%
10%
5%
3%
Maximum Benefit Percentage
50%
60%
66.7%
70%
Other
Source: Group Marketshare, LLC,
*Based on 31,418 cases (Industry Data including Guardian)