Disability Management is Key
Disability Management is key to helping businesses and their employees cope with disabilities. Most group insurance plans provide Long Term Disability benefits however not all plans take advantage of simple disability management practices, which can be used to better manage disabilities.
Benefits Canada article, "The 5 building blocks of disability management" indicates that according to a 2010 Statistics Canada study, work time lost for personal reasons averaged approximately 9.1 days per worker, up from an average of 8.0 days just 10 years ago. The numbers are also significant for short- and long-term absences. Disability from all sources accounts for anywhere from 4% to 12% of payroll costs in Canada.
The 5 main building blocks include: Foundation, Prevention, Accomodation/Mitigation, Support for Recovery and Integrated Support.
Check out their article for more details, or contact us if you would like to learn more about this for your group insurance or employee benefits program.
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We are the exclusive representative for the Greater Kingston Chamber of Commerce Group Benefits program. This plan is designed to meet the needs of member businesses and organizations who employ between one (1) and twenty (20) employees. The plan offers life insurance for employees and their dependents, accidental death & dismemberment insurance, disability insurance, extended healthcare and dental benefits.
