SickBank extends paid sick leave provided by the member employer by 20 days per year after annual deposit of one sick day from employer-provided days.

SickBank payments are paid weekly at the employee's current rate of pay. SickBank withholds equivalent of 1 hour pay per day claimed as a transaction fee.

SickBank will provide paid FMLA leave at 50% of pay less equivalent of ½ hour per day claimed withheld as a transaction fee.

SickBank allows member employees to bank unused employer-provided sick days at their employement anniversary to be saved for future use. Banked days have no expiration date.

SickBank allows employees to donate employer-provided sick days or banked sick days to another member from any organization within the SickBank family.

Associate member employees will accrue paid sick leave at 1 or 2 days per month based on the selected payroll deduction authorized to a maximum of 10 or 20 days.

Associate member employees may claim sick days as needed after a 30 day washout period, as long as the days are available.

Unused sick days will carry over, however accrual will cap at 10 or 20 days based on authorized payroll deduction.

Associate members may donate sick days to another member as long as there are available days in their account.

Full members will enjoy extended paid sick leave beyond what employers provide providing security to fully recover from illness or injury.

Associate members will receive paid sick leave that may not otherwise be available. This benefit will remove fear of lost income or employment due to illness or injury.

All members will have the option to be compensated during FMLA leave providing peace of mind that while caring for a loved one, income will not be disrupted.

Banking of unused sick time will provide full member employees the security of having additional benefits in the event that an extended illness exceeds annual benefits.

Member employees will be able to donate sick time to another member in need. This will build a healthy community that helps their fellow man.

Member employees are required to complete their profile providing accurate information and setting up a direct deposit account.

Full member employees are required to deposit 1 employer-provided sick day to access the SickBank's benefits.

Associate Member employees are required to authorize a payroll deduction of $5 or $10 per week to access SickBank benefits. $5 per week will provide up to 10 sick days per year; $10 per week will provide up to 20 sick days per year. Days will accrue at 1 to 2 days per month up to annual limit. (Payroll deduction is pre-tax thus lowering tax liability)

In order to claim sick leave from SickBank, Full member employees will need to have exhausted all employer-provided sick days.

All member employees will have a 30 day washout period from enrollment before a claim can be filed.

Member employees can submit a claim electronically within the SickBank website. Sick claims and FMLA claims will use the same form there will be a tickbox on the form to designate if the claim is for sick leave or FMLA leave. Accuracy of information provided is imperative as errors can result in a claim being delayed or denied.

Employees may appeal a denied claim by submitting an appeal form and providing additional documentation to support the appeal.

Name

User Name

Password

Address

E•Mail Address

Telephone Number

Social Security Number (this is required as any payments of sick time benefits are taxable and a 1099MISC form must be provided at the end of each tax year)

Employer Name

Date of Hire (employment anniversary)

Base Rate of Hourly pay

Direct Deposit account (Required for payments as all payments are made electronically. SickBank will not withdraw any funds from the direct deposit account - Ever!)

Some information above will be provided by the employer and already populated

Log in to the SickBank account

Click on File A Claim

Claim form will open with member's information prepopulated.

Insert dates of sick leave requested

Indicate type of leave (Sick Leave or FMLA Leave)

Indicate type of leave (Sick Leave or FMLA Leave)

Review information for accuracy

Submit Claim to SickBank

Claim is forwarded to employer for verification of information

Once employer validates the claim SickBank will approve the claim

Direct Deposit will be made into the provided account the following Thursday.

If employer does not respond or does not validate the claim, a denial letter will be sent to the employee member detailing the reason for denial. In most cases an employee may appeal the denial by filing an appeal electronically and providing additional information. SickBank will review the appeal and either approve the claim or uphold the denial.

SickBank Members can place more than one claim per calendar year as long as they have available time in their account. One requirement that there is a 30 day washout period between claims. Make sure the initial claim is of sufficient duration for the employee to return to work fully healthy. This will also discourage indiscriminate

use of SickBank days and preserve them until truly needed.

About 4 weeks prior to the employee's work anniversary, SickBank will send an E-Mail letter informing him / her of the ability to deposit and bank unused days into their SickBank account. Included in the letter will be the number of days available to bank. (Number of days will be calculated from the max number of days allowed by employer less the annual deposit and any days donated to others.)

To Bank a sick day, employee will log in to his / her account and go to the link Bank Sick Days. Within that field, employee will choose the number of days to bank as long as it does not exceed the number available stated in the letter.

Employer will verify that the employee still has available days to bank and remit payment. Days will be added to the employee's SickBank account under Banked Days.

If no response to the initial notification reminders will be sent 2 weeks prior to anniversary and final reminder 3 days prior to anniversary.

Once anniversary date passes this option expires for the year.

Unfortunately, this option is not available to Associate member employees.

Log into SickBank account

Click on Donate Sick Time

Employee's information will populate in donor fields.

Enter Recipient's name and click to search. (SickBank Member Databese will locate the recipient)

Choose the appropriate recipient

Enter number of days to donate. SickBank will only allow available number of days.

Choose type of Sick Day to be donated (Full members may donate banked days or employer provided days; Associate members can only donate accrued SickBank days) Days donated from the SickBank account will be deducted from the balance of available time

Donated days are transferred to the recipient's account as Donated Days

Donated days are not transferable and are the first to be used when a claim is approved (to prevent brokering of sick days).

Full Members can augment sick time benefits by adding SickBank to their benefit package. At the cost of one sick day per employee an additional 20 paid sick days will be available to their employees.

Employers can offer fewer total sick days thus reducing their exposure for paid sick leave.

Employers can contribute to a healthy community within their organization as well as across the United States workforce.

Employers can allow sick day donations and / or banking of days and set limits to the number of sick days an employee can donate or bank.

SickBank also offers paid FMLA leave with no further expense to the employer. Currently, employers will require employees utilize personal or vacation time to be compensated for FMLA leave with SickBank this becomes unnecessary.

SickBank is a cost-effective means of providing sick leave to employees.

Associate Members can now provide paid sick leave to their employees at minimal cost.

Employers can contribute to a healthy community within their organization as well as across the United States workforce.

By offering a means of paid sick leave employers help spread the power of healing to all members of the United States workforce because employees can donate days to other associate members in need even if they work for different companies.

SickBank also offers paid FMLA leave with no further expense to the employer. Currently, employers will require employees utilize personal or vacation time to be compensated for FMLA leave with SickBank this becomes unnecessary.

SickBank is a cost-effective means of providing sick leave to employees.

Employers are required to pay an annual enrollment fee of $1500 for Full Members and $500 for Associate Members.

Full Member Employers must submit payment for all deposited sick days for all employees enrolled. Associate members must set up payroll deductions for all employees and remit funds to SickBank.

All employers are required to notify SickBank of change of employment status of any employee. Employers also must keep employee rosters up to date notifying SickBank of new hires.

Employers will validate any sick leave or FMLA leave claims submitted by its employees providing sick leave request information, confirming that no employer-provided sick leave remains and current hourly rate of pay. For FMLA claims verify that employee is still employed and FMLA leave request was approved in a timely fashion.

Employers will respond to any appeals submitted to SickBank for denied claims in a timely fashion.

Payments made to SickBank will be via EFT through SickBank's payment portal.

Allowing Employees to bank or donate sick days will incentivize employees to take fewer sick days conserving them for when they are truly needed.

Set up an Employer Profile

Company Name

Company Address

Company Telephone Number

Contact person Name

Contact person's email

User Name

Password

Membership Level Full Membership or Associate Membership (employer with 25 or fewer employees)

Roster of Employees with date of hire, hourly rate of pay and (truncated social security number)

Banking information (all transactions are conducted electronically.)

Remit annual enrollment fee ($1500 for Full Membership or $500 for Associate Membership)

As employees complete profiles and sick days are deposited employer will remit payment for employees sick day deposits.

Log in to the SickBank account

Click on File A Claim

Claim form will open with member's information prepopulated

Indicate type of leave (Sick Leave or FMLA Leave)

Review information for accuracy

Submit Claim to SickBank

Claim is forwarded to employer for verification of information

Once employer validates the claim SickBank will approve the claim

Direct Deposit will be made into the provided account the following Thursday.

If employer does not respond or does not validate the claim, a denial letter will be sent to the employee member detailing the reason for denial. In most cases an employee may appeal the denial by filing an appeal electronically and providing additional information. SickBank will review the appeal and either approve the claim or uphold the denial.

SickBank Members can place more than one claim per calendar year as long as they have available time in their account. One requirement that there is a 30 day washout period between claims. Make sure the initial claim is of sufficient duration for the employee to return to work fully healthy. This will also discourage indiscriminate use of SickBank days and preserve them until truly needed.

About 4 weeks prior to the employee's work anniversary, SickBank will send an email letter informing him / her of the ability to deposit unused days into their SickBank account. Included in the letter will be the number of days available to deposit. (Number of days will be calculated from the max number of days allowed by employer less the annual deposit and any days donated to others).

To Bank a sick day, employee will log in to his / her account and go to the link Bank Sick Days. Within that field, employee will choose the number of days to bank as long as it does not exceed the number available stated in the letter.

Employer will verify that the employee still has available days to bank and remit payment. Days will be added to the employee's SickBank account under Banked Days.

If no response to the initial notification reminders will be sent 2 weeks prior to anniversary and final reminder 3 days prior to anniversary.

Once anniversary date passes this option expires for the year.

Unfortunately, this option is not available to Associate member employees.

Log into SickBank account

Click on Donate Sick Time

Employee's information will populate in donor fields.

Enter Recipient's name and click to search. (SickBank Member Databese will locate the recipient)

Choose the appropriate recipient

Enter number of days to donate. SickBank will only allow available number of days.

Choose type of Sick Day to be donated (Full members may donate banked days or employer provided days; Associate members can only donate accrued SickBank days) Days donated from the SickBank account will be deducted from the balance of available time

Donated days are transferred to the recipient's account as Donated Days

Donated days are not transferable and are the first to be used when a claim is approved (to prevent brokering of sick days).