An insurer will be helping group long-term disability claimants who return to work pay for child care and elder care.
Lincoln National Corp., Radnor, Pa., now is offering a Family Care Reimbursement Benefit rider along with its group LTD products.
When a claimant returns to work, the rider can pay a direct cash reimbursement for each eligible dependent, and that amount can be paid even if a claimant already is receiving the maximum LTD plan benefit, Lincoln says.
Combined with the Lincoln Progressive Partial Disability Benefit, the rider can give an employee who is returning to work a chance to collect more than 100% of their pre-disability income, Lincoln says.
