Changes in Temporary Disability Benefits Law Makes Privatizing TDI in New Jersey Easier Than Ever

Thanks to a small but important amendment in the Temporary Disability Benefits Law, employers in New Jersey now have the option to go private with their temporary disability benefits in New Jersey and get better rates, better service, and faster payouts.

Though the provision for privatized NJ TDB was already there, employers in New Jersey required employees’ consent to make the switch to a private plan. Obtaining the necessary 50%+1 employee signatures wasn’t always easy, so privatizing temporary disability benefits remained a challenge.

New Opportunities for Employers in NJ
The February 2019 amendment has waived the employees’ consent requirement and made it possible for employers to  get temporary disability insurance benefits in NJ at an affordable price.  

Now, employers not only have a lot more options in terms of plans, but they can also make changes to an existing plan through the modification process as specified by the Private Plan Operations. If you are still enrolled in the State plan, you are highly recommended to privatize TDI and start saving.

Choose from A Variety of Insurance Carriers to Get the Best Rates 
When employers were enrolled in the State Plan by default, they did not have a lot of options to choose from. They were paying for the plan and charging the employees according to the rate set by the State.

The amendment in the Temporary Disability Benefits Law has given employers the option to evaluate plans from a variety of insurance carriers and pick the one that best meets their requirements. They can now enjoy better rates and better services. 

EZTDB Makes Privatizing TDI A Breeze 
Though a lot of information can be accessed online, going to each insurance company’s website that is authorized to provide private TDI benefits and checking their plans can be a very confusing and time-consuming task. This is where EZTDB comes to the rescue! 

Contact us to get temporary disability benefits in NJ, and we will make the process of privatizing TDI a breeze for you. Contact us to make the most of these important changes to the temporary disability benefits law in New Jersey. Let us help you find the right plan and write your TDB policy now.