HealthFirst offers disability insurance through Companion Life. Please review the information below to determine if you want to enroll.

Disability Premium Rates

Employees pay all premiums for disability insurance.

Disability premiums vary based on hourly rate and age, so you will need to use the Companion Disability Rates sheet and instructions below to calculate your individual premium.

  • To Determine Benefit Level:

(Hourly Rate) x 36 (average number of hours per week) =  Weekly Rate

(Weekly Rate) x 52 (weeks in a year) =  Annual Salary

Use your Annual Salary to find your Benefit Level in the chart on the Disability application.

  • To Determine Premium:

(Weekly Benefit Dollar Amount) ÷ 10= Weekly Benefit Rate

(Weekly Benefit Rate) x Rate Basis (found on Disability Rates Sheet- determined by age & sex)= Premium (Amount Due each month)

Disability Insurance Application

Disability Rates Sheet