2 ms·
Just a gut guess, but it may be too expensive for the same reasons that health insurance in general is too expensive. Many companies already self-insure and ju
by mbg721 6y ago
Just a gut guess, but it may be too expensive for the same reasons that health insurance in general is too expensive. Many companies already self-insure and just use the big insurer name to administer the plan and offer the provider network.
- bwb 6y agoPossibly, I looked at doing an insurance product like this and it didn't seem too bad. It is different than health insurance in that there are no hidden costs, just the cost of replacing a salary to the business for a while. For example, the coverage could replace just a certain amount of their salary while the company pays the rest.
- Spooky23 6y agoShort term disability plans already cover the employee side. It’s a classic insurance case, as pools don’t have tons of events and the policies pay the excess on the of state family leave plans, PTO, etc. My wife’s employer had short/long term policies that “wrapped” paid family leave up to 14 weeks iirc.