BALTIMORE, May 6, 2022 /PRNewswire/ — Transamerica announces the addition of a comprehensive absence management solution for employers. The new service simplifies the management of disabilities and absences, reducing the administrative burden for human resources personnel.
“We are excited to introduce this essential new service to our employer customers,” said John Stanley, Senior Managing Director of Workplace Benefits at Transamerica. “When employees go on leave, employers want to help them be healthy and productive when they return to work while keeping their organization fully compliant with federal and state leave policies. Managing absences can take time. time and consume HR resources. Our new integrated absence management solution helps employers operate effectively and efficiently to achieve their goals.”
According to the Social Security Administration, one in four 20-year-old workers today will become disabled at some point in their career before reaching full retirement age.
Transamerica’s integrated absence management service provides everything you need to deliver a best-in-class experience, including a single point of contact to manage short-term disability, administration of federal medical leave law (FMLA), Americans with Disabilities Act (ADA) Leave Administration, and Paid Vacations. or unpaid absence from the company. Transamerica’s state-of-the-art absence technology supports employees and human resources personnel throughout the claims process, including:
- Dedicated case specialist for absences and short-term disabilities;
- Compliance and administrative support;
- Automatic recognition of applicable leave types;
- Real-time online reports with embedded data;
- Reception of complaints 24 hours a day, 7 days a week;
- Sophisticated ADA and Americans with Disabilities Act Amendments Act, as well as work retention capabilities;
- Automated text notifications; and
- Real-time medical certification status.
Transamerica Disability Insurance offers a very flexible plan design, allowing employers to maintain their current structure or start from scratch with an updated plan. Disability insurance is offered as employer-paid insurance with employee buy-in options or voluntary options. Features also include:
- Housing assistance for returning to work;
- rehabilitation planning, monitoring and placement services;
- Transamerica’s commitment to timely and accurate benefit payments;
- Doctors and medical consultants who collaborate with the attending physician; and
- Vocational rehabilitation counselors focused on return-to-work referrals.
Transamerica’s integrated absence management service is available with Transamerica short-term and long-term disability policies. A dedicated case specialist will handle all paperwork, including claim review, determination, management, and return to work or long-term disability transitions.
“Employees facing a life event that takes them away from work already have enough on their minds,” Stanley said. “That’s why Transamerica is providing a dedicated case specialist to guide them through what could be a confusing and time-consuming claims process. We’re here to help ease the burden on employees and their employers.”
Transamerica offers a wide range of retirement and supplemental employee insurance products, including life, accident, critical illness and hospitalization insurance. Contact your benefits advisor or insurance agent to learn more about Transamerica benefits solutions.
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement and investment solutions, serving millions of customers around the world. United States. Recognizing the need for health and wellness at the height of active life, Transamerica’s dedicated professionals strive to help people take the steps necessary to live better lives today so they can less worry about tomorrow. Transamerica serves nearly all customer segments, offering a wide range of quality life insurance and investment products, individual and group retirement plans, and asset management services. In 2021, Transamerica delivered on its promises to customers by paying more than $52 billion in insurance, pension and annuity claims and benefits, including reimbursement of annuity premiums paid by the client. Transamerica’s head office is located at Baltimore, Marylandwith other major operations in Cedar Rapids, Iowa and Denver, Colorado. Transamerica is part of the Aegon group of companies. Situated at the Netherlands, Aegon is a diversified financial services group focused on providing investment, protection and retirement solutions. For the whole of 2021, Aegon managed more than $1.1 trillion in income-generating investments. For more information, visit www.transamerica.com.
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