What Employers Need to Know about their Role in Disability
Posted by Medavie Blue Cross on October 31, 2023
At any given time, 8% to 12% of the workforce in Canada is off work due to injury and receiving workers’ compensation, long-term disability or weekly indemnity benefits.
Rising premium costs and lost time due to injury affect business owners’ bottom lines and their ability to compete in the marketplace.
The longer individuals are away from work with a disability, the less likely they are to return to employment.
Early integrated intervention solutions are key to successful health outcomes and technological innovations are opening up new opportunities to provide easier, faster access to expert mental health care.
As Canada’s working population ages, the rate of disability is likely to increase, compounded by sedentary lifestyles, reduced workforce, and more. Left unchecked, disability costs could increase dramatically, making it even more important that employers take steps now to limit those impacts. Having a short-term disability strategy with early intervention services is the first step.
Taking these steps not only helps an employer prevent and mitigate the impact of disability leaves on their organization, but they also demonstrate to their employees that they value their health and safety.
Speak to your Medavie Blue Cross Representative or visit our website to learn how we can set you up for success with a robust, results-oriented program.
Medavie Blue Cross Data
Canadian Society of Professionals in Disability Management
Export Development Canada