Invaluable Protection
Key Features of Formula Short-Term Disabilty Plans:
Formula Benefits is extremely flexible and will work with each employer to design a plan that will best suit the company’s needs.
Formula Benefits pays Short-Term Disability Benefits as a payroll practice in accordance to the Department of Labor Regulations § 2510.3-1(b)(2).
This simply means that all payments for Short-Term Disability claims will be taken out of the general funds of the employer and paid to the employee coincident with the normal pay period of the employer.