Short-Term Disability Insurance for Federal Employees

What is Short-Term Disability Insurance?

Medical and life insurance are critical risk management tools, but they do not cover the financial consequences of a temporary disability. Short-term Disability Insurance (STDI) is an additional policy designed to replace a portion of your income when you are unable to work due to a covered illness or injury.  

STDI is for anyone who can’t afford to be out of work for a period of time. If your family members are dependent on your income, STDI will allow you to financially support your loved ones. A savings account provides a temporary safety net, but STDI provides a longer-term solution. 

Download the full Short-Term Disability Insurance Guide > 

Why Do I Need Short-Term Disability Insurance?

Your chances of sustaining a temporary disability or becoming disabled are higher than you might think. The most common disabilities are non-work related and therefore not subject to workers’ compensation. Statistics reveal that approximately 5.6% of working Americans will experience a short-term disability (lasting six months or less) each year, due to illness, injury, or pregnancy¹. Almost all of these are nonoccupational in origin². 

The most common reasons for short-term disability claims are³: 

• Pregnancies (22.3%)
• Musculoskeletal disorders affecting the back and spine, knees, hips, shoulders, and other parts of the body (18.5%)
• Injuries such as fractures, sprains, and strains of muscles and ligaments (11.4%)
• Digestive disorders including hernias and gastritis (7.4%)
• Mental health issues including depression and anxiety (7.3%)

Understanding Short-Term Disability Insurance Costs

The cost of STDI depends on the definition of disability, the elimination period, the amount and length of benefit, and your age. During the underwriting process, other factors include: 

1. Occupation: Riskier jobs may cost more to cover. 
2. Age: Older people generally pay more than younger people. 
3. The waiting period: Most plans have a designated amount of time you must wait before receiving benefits; if you choose a longer waiting period, your premiums will usually be less expensive. 
4. The benefit amount: The higher the monthly benefit is, the higher your premium rate will be. 
5. The duration of your insurance coverage: If you choose a plan that covers you for longer, your premium rates will generally cost more. 
6. Gender: Cost can commonly be based on gender.

See WAEPA’s Short-Term Disability Insurance rates > 

When Should You Purchase Short-Term Disability Insurance?

Purchasing STDI while you’re young and healthy is ideal, as most insurance costs tend to increase as you get older. Many federal employees are surprised to learn their work benefits don’t include short-term disability coverage. A temporary illness or injury, such as a broken hand or concussion, could keep you out of work and result in an immediate loss of income.  

Exclusive Group Short-Term Disability Insurance for Federal Employees

WAEPA offers Group Short-Term Disability Insurance, exclusively for current and former Civilian Federal Employees. With our coverage, you can apply for up to $6,500 per month in paycheck protection, for up to six months. These benefits can help replace lost income if you’re unable to work due to a covered injury or illness. 

Short-Term Disability Insurance is an essential safety net that can help provide you with financial stability during challenging times. Explore WAEPA’s Group Short-Term Disability Insurance options designed specifically for Federal Employees and take control of your financial future. 

See WAEPA’s full Group Short-Term Disability Insurance guide >