20 Ashburton Place, Boston, MA 02108
Tel: 800.336.0990 • Fax: 617.557.6687
No dues dollars are
ever used to market MTA
Editor: Elizabeth A. Bejoian
The MTA Advantage is published three times a year as
a supplement to MTA Today by MTA Benefits, Inc.
Do you love winter sports, such as kiing in majestic mountains or sledding down neighborhood hills?
These exciting winter activities can be
perilous as well as enjoyable. Aside from
the typical winter dangers of icy sidewalks
and driveways, favorite cold-weather
pursuits can end in accidents, leaving you
with injuries that could prevent you from
working for an extended period.
Disability can also occur at any time of the
year as the result of heart disease, cancer,
back problems, arthritis, asthma, diabetes
or other medical issues.
What if you suffered a disabling accident
or disease? How would you pay your bills
and protect your future?
Accidents can happen to anyone
Just over one in four of today’s 20-year-olds
will become disabled before reaching the
age of 67, according to Social Security
Administration estimates.1 Further, the
Society of Actuaries has found that people
who do not return to work within 90 days
are often out of work for two years.
Imagine the stress and anxiety of living
without an income for that long. Few
people plan on being injured or becoming
ill, but the fact is that, except for extremely
high-risk occupations, the risk of injury is
shared equally by all, including educators.
Because they have often accumulated a
vast number of sick days or participate
in their school district’s sick bank, many
Massachusetts educators assume that they
face no financial risk if they do become sick
or disabled. But few educators are able to
save enough sick days to cover an extended
absence from the classroom. Further,
several districts have seen sick banks run
out of days to allocate or are considering
eliminating them as a cost-saving measure.
All the protection you need from
The good news is that MTA Benefits offers
members a package of benefits that provides
for a “continuum of needs” – disability
income protection, critical illness and
long-term care. Since 2001, MTA members
have been paid more than $15 million in
benefits from the MTA Benefits-endorsed
Short- and Long-Term Disability Plan.
This plan has helped people maintain
their homes, feed their families and educate
their children. The plan pays a tax-free
benefit of 60 percent of one’s income
after an initial elimination period for the
duration of the illness or injury, depending
on the options selected. A unique provision
of the plan is that coverage is available
in participating school districts on a
guaranteed-issue basis during each
open-enrollment period. That means no
medical questions are asked and all who
are eligible to apply will be issued coverage.
In addition to the risk of lost income due
to a disability, members may be confronted
with the expenses of an illness that are
not covered by major medical insurance.
Critical Illness Insurance through MTA
Benefits pays a lump-sum benefit upon
diagnosis of cancer, heart attack or stroke.
For instance, a cancer diagnosis can mean
an average of $15,000 in out-of-pocket
expenses. Critical Illness Insurance coverage
helps with expenses such as co-pays and
deductibles, and it can also be used to cover
the cost of keeping a loved one nearby.
Long-Term Care plans for MTA members
also protect you when you need help
with activities of daily living or care
in a nursing home, assisted living facility
or other situation. What many people
do not realize is that 40 percent of all
long-term-care benefits – not typically
paid for by major medical insurance – go
to those under age 60.
Given the fact that 68 percent of all
Americans have no savings earmarked for
emergencies,1 it makes sense to take a look
at MTA-endorsed plans. Your planning to
protect against unforeseen risks should
make that time on the ski slopes a lot
1U.S. Federal Board, survey of Consumer
Since 2001, MTA
members have been
paid more than
$15 million under
the MTA Benefits