Re: re: who pays when?

Author Subject: Re: re: who pays when?
BobK Posted At 14:15:23 06/03/2000
The 3 days is called a "waiting period." Some states have 4 day or even
7 day waiting periods. During tihs period no one pays for wage loss,
UNLESS the disability continues for more than a certain period
(usually 14 or 21 days, depending on the state.)

In other words, after 3 days the employer (insurance company)
begins compensating for lost wages. If the disability continues
past 14 days (or whichever) then the first 3 days is paid
retroactively. This provision is like the "deductable" part of
an automobile insurance policy.

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