The Centre for Addiction and Mental Health estimates that mental health conditions are responsible for approximately 30% of all disability claims and 70% of the associated plan costs.
The escalation in psychological claims over the past 10 years has been dramatic. Experts now estimate that the cost represents approximately 40% of claims on the average long-term disability plan. However, managing psychological claims requires a different mindset than managing physical claims. If an employee develops situational anxiety related to a life event (perhaps precipitated […]