Flexible Plans Offered Through Employers Help People Prepare for the Long-Term
Effect of Debilitating Injuries and Illnesses
COLUMBUS, Ohio–(Business Wire)–
Nationwide Better HealthSM recently enhanced its workplace benefits offering by
adding group short-term and long-term disability plans with flexible features
and benefit levels. 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 plansSM,
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.”
Many people are not prepared for the effects of debilitating injuries and
illnesses
Employees face a greater chance of serious long-term disability than having an
auto accident, a home fire or even dying young.1 In fact, 30 percent of
employees just entering the workforce will become disabled before retiring.2
Roughly one in seven people will be disabled for five years or more before
retirement3 while 72 percent of Americans don`t have enough savings to handle
short-term emergencies4.
“Not all disabilities are the same. And neither are all employers. We offer a
choice of group disability plans so employers can build the plan that best suits
the needs of their firm and their employees,” added Gutierrez.
Nationwide Better Health`s long-term disability plans, which are underwritten by
Nationwide Life Insurance Company, offer features and services that 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.
Nationwide Better Health`s workplace benefits products are backed by the
financial strength and long-term stability of Nationwide® which has an A+ rating
from A.M. Best, Moody`s and Standard & Poor`s.
About Nationwide Better Health
Nationwide Better Health, a subsidiary of Nationwide®, is a leading provider of
health and productivity management solutions, aimed at improving the health and
productivity of America`s workforce. The company’s health and wellness, disease,
disability, absence, medical and maternity management, along with group
workplace benefits products, help employees make healthy lifestyle changes that
help reduce health care costs in the workplace. For more information, call
888.674.0385 or visit: www.nwbetterhealth.com.
© 2010 Nationwide Better Health. Nationwide, Nationwide Better Health, the
Nationwide framemark and On Your Side are service marks of Nationwide Mutual
Insurance Company.
1Field Guide to Estate Planning, Business Planning & Employee Benefits, 2009
2Social Security Administration, Fact Sheet, 2007
3Health Insurance Assoc. of America, 2000 (from 1998 Commissioners Disability
Table)
4Nationwide Investment Watch Survey, 2004
Nationwide
Elizabeth Stelzer, 614-249-1025
stelzee@nationwide.com
Copyright Business Wire 2010