Self-insured short term disability
MNHR
8 Posts
Due to cost, we would like to bring our short term disability policy in-house and self insure, plus self administer it. Does anyone have a policy or written program that shows how you handle this in-house? How do you handle HIPAA concerns? I appeciate any guidance you can give me.
Comments
The cost to do this is minimal about $.70 per employee per month. Ours is through Guardian.
Personally I don't think it's a good idea to administer the disability yourself unless you're a professional in this area. Too much private information is involved and unless you have standard guidelines for medical conditions you could be asking for trouble.
Just my opinion.