The Hartford Financial Services Group recently expanded its online programs for employers to analyze and manage the time their employees aren’t at work because of disability leave or workers’ compensation.
The property-casualty insurer announced three web-based seminars in May for employers to learn about state and federal laws regarding absences, such as the Family and Medical Leave Act and Americans with Disabilities Act Amendments Act of 2008.
The insurer’s pitch to employers is that businesses will be able to use the software to spot trends in absenteeism and eventually reduce costs related to disability leave and workers compensation.
“Research has shown employers, who integrate absence programs and short-and long-term disability, have a potential cost savings,” The Hartford’s vice president of Group Benefits, Mike Fish, said in a prepared statement. “It’s approximately 11 percent savings in lost time, direct costs, and return-to-work rates, according to Spring Consulting Group’s 2009/2010 Employer Survey of Integrated Disability, Absence & Health Management.”
For details, visit http://www.thehartford.com/absence-insights