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Mental Injuries: Workers’ Compensation and Disability Insurance Part 1

Workers' Compensation Perspectives

Many workers’ compensation jurisdictions and work-disability insurers have noted increasing mental disorder (also called psychological injury, mental injury) claims over time. See SunLife, Changing Times: evolving the approach to disability management, 2021 at Changing times: evolving the approach to disability management | Sun Life ).

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Financial Aspects of “Unretirement”

Money Talk

The year 2021 was noteworthy for the “Great Resignation” as about 47 million people quit jobs last year. A new job may also provide access to valuable employer term life and disability insurance. One study found 1 in 5 retirees were likely to start working again soon. Factors contributing to this trend include: 1.

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NJ Workers’ Compensation Benefit Rates Increase in 2022

Workers' Compensation

The New Jersey Department of Labor and Workforce Development (NJDOL) announced increases in the maximum benefit rates for Unemployment Insurance, Temporary Disability Insurance, Family Leave Insurance, and Workers’ Compensation for the calendar year 2022. percent of taxable wages for the calendar year 2022.

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NJ Rates to Rise in 2024

Workers' Compensation

BENEFITS RISE NJDOL also announced changes in the maximum benefit rates and taxable wage base for its Unemployment Insurance (UI), Temporary Disability Insurance (TDI), Family Leave Insurance (FLI), and Workers’ Compensation programs. The benefit rates and taxable wage base 2024 reflect the $1,507.76

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The Financial Costs of Being Unvaccinated

Money Talk

Using simple math, losing the income of someone earning the 2021 U.S. When unvaccinated people lack health or disability insurance or die without life insurance, the situation is even more dire for survivors, who may need to seek public assistance to get by. Wealth Depletion - As noted above, COVID-19 is expensive.

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Investing in employee mental health benefits

Higginbotham

percent of American adults experienced a mental illness in 2021. Financial wellness benefits could include programs like retirement plans , life insurance , disability insurance , student loan repayment assistance and financial counseling. Mental illness is very prevalent in the United States. percent of U.S.

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AssuredPartners Announces New Agency President

AssuredPartners

National Broker Names Amy Hall Agency President LAKE MARY, FL – June 10, 2021 – AssuredPartners is proud to announce that effective June 1 st , Amy Hall has become the Agency President for the AssuredPartners Southfield, Michigan location, formerly JS Clark Agency. Amy started at AssuredPartners in 2012 as a Sales Executive.