While employers often prioritize traditional benefit coverage like extended health, dental and prescription drugs, a disability management partner should also be a key consideration for your benefits plan. Good disability management programs help reduce health risks and boost both organizational strength and employee retention. In today’s workplace, where inclusivity and employee well-being are crucial, strong disability management can lead to a healthier and more productive team. Let’s first look at why a disability management partner is important and what services they offer.
Why a partner like Disability Management Institute (DMI) is a good investment
A disability management partner returns value in handling the complexities of disability claims, reducing costs, and ensuring smooth operations. They support employees during their recovery and return to work, which boosts satisfaction and retention. This allows your HR team to focus on other priorities while the partner’s expertise addresses the specific needs of each employee’s situation. Working with a partner also helps maintain the privacy and confidentiality of your employees. A partner agency will take care of managing your employees’ medical information, ensuring that you do not have access to their personal medical details and are only provided with information that is required to support their return to work. This provides employees with an extra feeling of safety and security, helping to mitigate your risks as an employer.
How DMI services can positively impact businesses
By integrating DMI into your employee benefits plan, you provide essential support that helps employees manage health challenges without facing severe financial hardship. Employees dealing with financial hardship during a disability leave may not be able to afford key treatment recommendations that are not covered under your benefits plan, potentially prolonging their recovery. Financial stress also negatively impacts mental health and well-being which can further prolong recovery timelines.
For your business, DMI services help maintain operational efficiency by managing the impact of employee absences. With effective disability management, you can minimize the strain of being short-staffed, boost workplace morale, and reduce uncertainty about employees’ return to work. By becoming involved in the initial stages of an absence, DMI can provide timely and proactive support to you and your employees, which promotes recovery and reduces the amount of time an employee is away from the workforce. Overall, DMI services contribute to a more stable and productive work environment.
Disability Management Institute Support
This is where DMI comes in! We specialize in managing disability claims for employers, acting as a third-party liaison between employers, ill or injured employees, and insurance providers. Maintaing regular communication, assisting with navigating the healthcare system, and exploring opportunities for return to work, DMI supports employees throughout their absence. By keeping employers informed of key information like absence timelines, limitations, and restrictions, DMI enables effective coverage planning during employee absences. Developing personalized return to work plans with employees helps them return sooner, benefiting their health and reducing claim costs. This approach is key for managing benefit plan expenses and ensuring long-term sustainability.
Talk to an expert today!
DMI is committed to providing timely support and information to our clients. We have been working with employees and employers nationwide to provide comprehensive end-to-end solutions for their absence and disability management needs.
Interested in learning more about our services and how disability management services can help control disability claim costs? Request a free review of your claims experience from a DMI expert to determine if you will benefit from DMI’s claims management services.