Wednesday 10th of January 2018 02:55:21 PM
It would take pages and pages to describe the hell I went through. If you are offered LTD benefits paid by your University, decline, again Decline. Being I worked for a university hospital, I was shocked, to find out, this place which offers you this Bad Faith insurance company to its employees who are highly intelligent, have a LTD carrier with this Standard Insurance company and don't release that it will do everything under the sun to not pay a dime. I am currently looking for an attorney to deal with Bad faith LTD.First, people think LTD kicks in when Short Term ends, that is the reason you have it so you do not become financial ruined. Forget it. Standard forces you to sign for SSD, then estimates your payments, and immediately subtracts it from their payment, I had a basic which was 70 percent of my salary. After my estimated SSD was subtracted, I was given just the minimum they had to pay 50 dollars a month. They said I would begin receiving the 750 from them, after I receive my first denial letter, in 1991, that took 9 months, to get. I used the equity in my home to replace my salary, then after having to deal with the hell back then of social Security Disability, I got my denial letter, and sent it to them.Finally almost going bankrupt, I was told before they issued a check, I had to sign a document, saying I would have to pay every dime back if I won SSD. That it would be considered an overpayment, I never signed it and for whatever reason, they screwed up and sent me the money anyway without my agreeing to pay it back. Continuing to pressure me to speak and appeal 3 or 4 times and then facing a judge who immediately awarded me SSD, I notified them of my award. I received a letter requesting all payments made to me, be returned to them in full, exactly all of my back SSD, mind you they put me in a whole, suffering large late fees because of getting only 50, now they demand one lump sum. I asked them "are you saying you want my SSD award check all of it." On many times I asked, "No" they said "we want the money we gave you back."If they said they wanted my SSD check, that would be against the Social Security Act, that would be in violation of it since no creditor can force you to give SSD back. After sending letters many of them, they said that they would stop sending me the 170, they had to give me a month, because surprise their estimate was too high. So I never received a penny for 11 years, until they got all their money back, I had to go to their Doctor for him to see if I was disabled, even though at that time I was SSD, their standards were harder to meet than SS was. I tried to tell personnel they needed to be truthful when they gave their benefit talks, things are worse for employees now.The biggest deception was with Standard. You are able to cover more of your salary, basic was free but for can pick to pay an amount expression, pennies on the dollar for that increase. Turns out it can be a good amount, but they have no idea of this bad faith company, because SSD also increases. The more money you make, SSD increases also, more money you make. The more education you have the less likely you will collect anything. So they get to get more money from you and appears to me, it's wonderful for them, great money making way to get free money. In Nov 2014, I was told I was retired, and all Disability.Get private LTD insurance not with them, since the university pays for the basic, if you have private it is tax deductible, and research the private one beforehand. The danger of thinking you are paid if your short term disability ends, gives you a false sense of security. Beware, tell your employer you do not want this so called free benefit, you must verify if this company your employer uses, most likely it's cheap for them, but expensive for you.