Last month's issue included a fascinating article on the concept of outsourcing disability benefits to the mutual insurance sector and an income replacement top-up which would be paid in addition to State Benefit (page 6 COVER Aug 2010).
Under the previous government there were a lot of discussions about increasing the health of the workforce, rehabilitation and return to work. This focused on the role of group IP and elements of group PMI. It ran into two problems. First was PMI itself – the previous government was never going to provide incentives for this product. Second was the ‘poor’ evidence base that tax incentives for group IP would encourage large companies to buy it and, even if they did, that the impact on employee return to work rates would be cost-effective. This nag is due another walk round the paddock. ...
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