Press release from Business Wire
The Hartford Expands Absence Management Suite To Help Employers Reduce Costs, Maximize Productivity
<p> <i>New resources include a web reporting tool, a series of webinars, digital educational resource, assistance with disability accommodations</i> </p>
Monday, April 22, 2013
The Hartford Expands Absence Management Suite To Help Employers Reduce Costs, Maximize Productivity09:50 EDT Monday, April 22, 2013
HARTFORD, Conn. (Business Wire) -- To help employers better manage employee absence, The Hartford has expanded its absence management suite of products and services, including a new web reporting tool, a series of webinars, a digital educational resource, and a service that helps employers track and manage employee requests for reasonable accommodations as afforded under the Americans With Disabilities Act Amendments Act of 2008 (ADAAA).
“With the total cost of absence consuming about 35 percent of payroll1 employers are looking for effective ways to manage absenteeism,” said Mike Concannon, executive vice president of The Hartford's Group Benefits. “Our leadership position in group benefits2 and workers compensation3 combined with our 12 years of leave management experience provides our clients with powerful integrated strategies into managing absence and maximizing employee productivity.”
The Hartford's new web reporting tool called Employer View for Absence Management includes:
- Dashboards that summarize company-wide absences at a glance;
- Access to key details on specific absence events; and
- Integrated absence reports with a variety of filtering options.
The expanded absence management suite also features a service that helps facilitate the collection of records associated with an employee's request for an ADAAA disability accommodation. This service helps ease the burden on employers with employee requests for reasonable accommodations under the ADAAA.
To further help employers understand federal and state laws regarding absence, The Hartford will hold three webinars in May:
- An overview of the federal Family and Medical Leave Act (FMLA) at 1 p.m. Eastern on May 7;
- Leave as an accommodation under the amended ADAAA at 1 p.m. on May 14; and
- California regulations on pregnancy and disability discrimination at 1 p.m. on May 21.
As one of the country's largest writers of workers' compensation3 The Hartford has been offering worksite assessment and loss control services to its workers' compensation customers for decades; The Hartford now offers this service to its customers with group disability insurance. The Hartford's team of loss control professionals offers on-site assistance on several return-to-work issues.
In addition, The Hartford has launched Absence Insights (www.thehartford.com/absence-insights), a digital educational resource for absence research, which includes a number of absence related articles and videos.
A market leader in providing employer-paid and voluntary life, disability and accident insurance,2 The Hartford helps companies offer their employees ways to prepare and protect themselves, their families, and their income, even if the unexpected happens. Providing leave management since 2001, The Hartford has covered more than one million employees.
“We understand that employers are looking for a holistic strategy to keep their teams healthy and productive,” said Eric Brandt, senior vice president of The Hartford's Group Benefits Claims. “Our absence management services include prevention, intervention, interpretation, and coordination of absence with the goal of healthy and productive employees.”
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE:HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at www.thehartford.com. Join us on Facebook at www.facebook.com/TheHartford. Follow us on Twitter at www.twitter.com/TheHartford.
The Hartford® is The Hartford Financial Services Group, Inc. and its subsidiaries, including issuing companies Hartford Life Insurance Company and Hartford Life and Accident Insurance Company. Policies sold in New York are underwritten by Hartford Life Insurance Company. The headquarters of both companies is Simsbury, Conn.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2012 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
1. Mercer Health & Benefits, LLC. Survey on the Total Financial Impact
of Employee Absences. Mercer. Portland, OR. June 2010.
2. LIMRA, Q3 2012 sales results.
3. A.M. Best
Kelly J. Carter, 860-547-2122
Michelle Loxton, 860-547-7413