By Kevin Cook, AAI, AIS, NYSRA Member Services Director
New York requires employers to provide disability benefits to employees. Disability coverage provides a cash benefit to cover lost wages due to an injury or illness that occurs off the job. There is no medical benefit attached to disability coverage. In contrast, workers’ compensation coverage provides for medical payments and lost wages.
The benefit from disability coverage is 50% of the employee’s average weekly wage, capped at a maximum of $170 per week. There is a seven day waiting period before any benefits are paid, the disability benefit kicks in on the eighth day of the disability. The benefit is paid for a maximum of 26 weeks. It should be noted that an employee can’t collect disability benefits and Paid Family Leave benefits at the same time. There are other eligibility requirements that should be discussed thoroughly with the company that provides the disability benefit, and communicated clearly to employees.
As the benefit is small in contrast to workers’ compensation, most employers cover the cost of disability insurance, although employers can collect a contribution from employees.
NYSRA members can obtain state mandated disability coverage at a single rate of $2.70 per employee through our preferred carrier, Standard Life Insurance Company of NY. NYSRA members also have enriched options to choose from that increase the benefit paid to a maximum of $510 per week. We have put together a highly competitive program for members.
- FIXED RATE regardless of number of employees or gender – typical plans charge more for women and based on number of employees.
- Enhanced coverage options available beyond state limit of $170/week.
- Quick and easy one-page application: Enrollment Form
- Premium payments can be made online.
Please contact the NYSRA Services office for a disability insurance quote.
The New York State Restaurant Association has been giving restaurateurs the power to succeed since 1935. The Association provides a platform for statewide cooperation and leadership on advocacy issues, along with valuable support services to members. Together, they are shaping the future of the restaurant industry. Learn more at their website.
