Is income-protection a “luxury good” like designer clothing, fine wine, or—dare I go there?—a Peloton? A look at Bureau of Labor Statistics (BLS) Employee Benefits Survey data on availability of employer-paid short- and long-term disability insurance benefits suggests you wouldn’t be totally off-base if you answered “yes” to that question. For both STD and…
How many working Americans have private disability insurance coverage? This is a crucially important question for us at The Council for Disability Awareness. We would like to see all working Americans have some form of private disability coverage to protect their income when they’re out of work for an extended period of time because of…
In August, I wrote about how the non-occupational disabilities covered under salary continuation or disability insurance plans are more common than the occupational disabilities covered under workers’ compensation. I suggested your benefits team should be as focused on managing the costs of non-occ disabilities as your risk management team is on keeping WC costs in…
In last month’s blog post, I wrote about how the non-occupational disabilities covered under salary continuation or disability insurance plans are more common than the occupational disabilities covered under workers’ compensation. I suggested that your benefits team should be as focused on managing the costs of non-occ disabilities as your risk management team is on…
I’ve held a variety of jobs during my post-college career. One of the more interesting ones was when I was a safety and environment consultant in the risk management department of a large insurance company. Our focus was on controlling the costs of our workers’ compensation program. Our WC costs weren’t as high as those…
