Tuesday, July 24, 2012

Program Helps Long-Term Disabled Workers Return to Work by Crossing Finish Line

Workforce
Insurance giant Cigna Corp. partners with a New York health organization to put long-term disabled workers on the track to good health and re-entry into the workforce.

  • By Rebecca Vesely
  • July 17, 2012

  • As the population ages, the number of workers with disability claims is skyrocketing, and employers and insurers are trying to figure out how best to serve these patients while also reducing their costs.
    Social Security disability claims grew 21 percent between 2008 and 2011, and employer disability costs can comprise up to 35 percent of payroll, according to a Mercer/Kronos 2010 study.
    What's more, employees who go on disability and don't re-enter the workforce within one year have a 90 percent chance of never going back to work, according to consultancy Towers Watson & Co.

    Full Story: http://www.workforce.com/article/20120717/NEWS02/120719952/program-helps-long-term-disabled-workers-return-to-work-by-crossing

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