According to an announcement, the company’s workplace benefits portfolio, which also include group term life insurance, group dental plans, medical stop loss insurance, business travel accident, and accident/hospital Ca$hBack plans, allow employers to provide benefits that help safeguard their employees’ physical and fiscal health.
“Without regular income, most people aren’t prepared to cover their daily living expenses, let alone ongoing financial obligations if a disability would prevent them from working,” said Melissa Gutierrez, vice president of Nationwide Better Health. “Our group disability plans can help employers provide peace of mind and long-term well-being for their employees and their families.”
Nationwide Better Health’s long-term disability plans, which are underwritten by Nationwide Life Insurance Company, offer features and services that make the firm says make it easier for employees to return-to-work while improving their overall health and well-being. The plan offers rehabilitation and return to work incentives such as social security coordination assistance and workplace modification, along with optional benefits and services to enhance the base plan such as 401(k) or pension plan contribution, spousal disability coverage, or extended or dependent care benefits.
According to the firm, employees face a greater chance of serious long-term disability than having an auto accident, a home fire or even dying young – and 30% of employees just entering the workforce will become disabled before retiring. Nationwide notes that roughly one in seven people will be disabled for five years or more before retirement, while 72% of Americans don’t have enough savings to handle short-term emergencies.
More information is available at http://www.nwbetterhealth.com.
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