While small employers may understand the benefits of long-term disability insurance to their workforce, many have misconceptions about its cost and may underestimate the desire employees have for this coverage.

Employers, whether they offer the benefit or not, understand the value of LTD for employees, and those that offer it also believe it serves the interests of their company, finds new research from the Consumer Federation of America and Unum. Employers not offering the coverage, meanwhile, are more likely to overestimate the cost of the insurance, underestimate the desire of employees for the coverage and to experience difficulty managing disabled employees and their absences.

Register or login for access to this item and much more

All Employee Benefit News content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access