Commentary: Time to review LTD benefits

Long-term-disability insurance offers immense value and should be reviewed periodically for optimization, writes Zack Pace of CBIZ. Employers who can afford to sponsor or subsidize LTD benefits should do so and adjust the benefit to meet budgetary requirements, while considering making short-term coverage voluntary, Pace writes. Employers can also offer employees a tax-advantaged option, which might cost more initially but provides more income replacement, he writes. Employee Benefit News (12/17)