Financial

How is this benefit paid for?

TeamHealth will automatically deduct the semi-monthly premiums from each paycheck on a post-tax basis.

Is the cost fixed on this plan or will there be an increase sometime in the future?

Premiums are fixed and guaranteed until [date] when the plan will be up for renewal. At that time, rates could remain the same, or there could be a small increase based on claim activity, plan design, and the overall demographics of the group.

Do I have to pay taxes on the benefits I receive if I go on disability with this plan?

No. Because this is a voluntary plan, this is a tax-free benefit.

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