16 · Survey Results: Executive Summary
Treatment Covered by Health Plan Separate Supplemental Plan Coverage Not Available
Prescription 96% 10% 0
Hospitalization 94% 12% 2%
Cancer 94% 13% 0
Intensive Care Unit 92% 4% 2%
Long-term Care 23% 65% 13%
Short-term Disability Insurance
The duration of benefits for short-term disability plans ranges from 4 to 52 weeks. The average duration is 28
weeks and the median is 24 weeks. The percentage of the employee’s income that is replaced under the most
generous short-term disability plan offered ranges from 50% to 100%, with an average of 71% and a median
of 67%. The majority of respondents (19 or 63%) reported the plan would replace between 60% and 70% of the
employee’s salary. Only five (17%) reported the institution’s most generous plan would replace 100% of the sal-
ary. The length of the elimination period for eligibility under the most generous short-term disability policy
ranges from zero to 180 days. The average is 26 days and the median is 14 days. More than half of the respon-
dents reported elimination periods of two weeks or less, and 81% reported periods of one month or less. More
than 75% of respondents indicated the short-term disability policy treats maternity, childbirth, and recovery
periods the same as any other medical condition in regards to eligibility for benefits.
Long-term Disability Insurance
When asked about the maximum benefit for the long-term disability plans, some respondents reported dollars
per month, others reported the maximum benefit amount in dollars or the length of benefits in months. Under
the most generous long-term disability plan offered, the percentage of the employee’s income that is replaced
ranges from 50% to 85%. More than half of the respondents reported a 60% income replacement 91% reported
the income replacement is between 60% and 70%. The length of the elimination period for eligibility under
the most generous long-term disability policy ranges from zero to 182.5 days. The average is 117 days and the
median is 105 days. The most common elimination periods are 180 days (36%) and 90 days (29%). Half reported
elimination periods of 90 days or less 95% reported periods of six months or less.
Tax Advantaged Accounts
Library staff are offered a variety of tax advantaged accounts. The most common are Flexible Spending Accounts
(FSA) for dependent care reimbursement (85%) and medical reimbursement (81%). Less commonly offered
are Health Savings Accounts (25%), Health Reimbursement Accounts (14%), and Limited Purpose Medical
Reimbursement accounts (8%). Many employers contribute nothing to these employee accounts, and the amount
contributed by those who do contribute varies considerably.
Employer Contributes
for
Some Amount Average Annual Contribution
FSA -Medical 40% $1,683
FSA -Dependent Care 38% $1,805
HSA 62% $1,518
HRA 86% $1,146
LPMR 25% $1,250
Treatment Covered by Health Plan Separate Supplemental Plan Coverage Not Available
Prescription 96% 10% 0
Hospitalization 94% 12% 2%
Cancer 94% 13% 0
Intensive Care Unit 92% 4% 2%
Long-term Care 23% 65% 13%
Short-term Disability Insurance
The duration of benefits for short-term disability plans ranges from 4 to 52 weeks. The average duration is 28
weeks and the median is 24 weeks. The percentage of the employee’s income that is replaced under the most
generous short-term disability plan offered ranges from 50% to 100%, with an average of 71% and a median
of 67%. The majority of respondents (19 or 63%) reported the plan would replace between 60% and 70% of the
employee’s salary. Only five (17%) reported the institution’s most generous plan would replace 100% of the sal-
ary. The length of the elimination period for eligibility under the most generous short-term disability policy
ranges from zero to 180 days. The average is 26 days and the median is 14 days. More than half of the respon-
dents reported elimination periods of two weeks or less, and 81% reported periods of one month or less. More
than 75% of respondents indicated the short-term disability policy treats maternity, childbirth, and recovery
periods the same as any other medical condition in regards to eligibility for benefits.
Long-term Disability Insurance
When asked about the maximum benefit for the long-term disability plans, some respondents reported dollars
per month, others reported the maximum benefit amount in dollars or the length of benefits in months. Under
the most generous long-term disability plan offered, the percentage of the employee’s income that is replaced
ranges from 50% to 85%. More than half of the respondents reported a 60% income replacement 91% reported
the income replacement is between 60% and 70%. The length of the elimination period for eligibility under
the most generous long-term disability policy ranges from zero to 182.5 days. The average is 117 days and the
median is 105 days. The most common elimination periods are 180 days (36%) and 90 days (29%). Half reported
elimination periods of 90 days or less 95% reported periods of six months or less.
Tax Advantaged Accounts
Library staff are offered a variety of tax advantaged accounts. The most common are Flexible Spending Accounts
(FSA) for dependent care reimbursement (85%) and medical reimbursement (81%). Less commonly offered
are Health Savings Accounts (25%), Health Reimbursement Accounts (14%), and Limited Purpose Medical
Reimbursement accounts (8%). Many employers contribute nothing to these employee accounts, and the amount
contributed by those who do contribute varies considerably.
Employer Contributes
for
Some Amount Average Annual Contribution
FSA -Medical 40% $1,683
FSA -Dependent Care 38% $1,805
HSA 62% $1,518
HRA 86% $1,146
LPMR 25% $1,250
