Long-term disability insurance. It’s not as immediate a need as health insurance, and you probably don’t think it works into your long-term financial plan as much as life insurance does. But it’s still really, really important. Long-term disability insurance is, at its core, income replacement. It can help you make ends meet when you’re unable…
More than 155 million U.S. workers are insured for a disability through the Social Security Disability Insurance (SSDI) program. They receive this insurance coverage through their payroll taxes, or FICA taxes, as a part of the Social Security program. When those who experience a chronic health condition, injury or sudden medical crisis need support –…
Annual enrollment will soon be underway for many employees. During this time, workers choose benefits they feel are most important to protect their health and financial well-being. Understanding the benefits your employer offers and their associated costs are most likely key considerations for you. In this post, I am going to focus on one…
What are the top causes of disability? HR management can educate employees on common illnesses and disability insurance as a means to protect themselves.
Learn about employer opportunity to support employees with long term and short term disability insurance.
By Ted Norwood, General Counsel & Director of Representation, Integrated Benefits Inc. SSDI has poor resources for vocational rehabilitation or job placement, and no resources at all for claimants during the wait for a decision. This makes it harder for people to recover and get back to work. Because of the long wait, many claimants…
By Ted Norwood, General Counsel and Director of Representation, Integrated Benefits, Inc. According to the Council for Disability Awareness, half of those who don’t work for the government have some form of employer-paid disability insurance (short-term disability only, long-term disability only, or both STD and LTD). These benefits are important because 25 percent of today’s 20-year-olds…
By Diane Russell, Lincoln Financial Your company’s benefit package is sending you a message about their priorities — and whether they are the same as yours. When companies get it right, it pays off in terms of your job satisfaction and desire to continue to work there. That’s because your employer is making it clear…
By Diane Russell, SVP Marketing, Lincoln Financial Your company’s benefit package sends a message to your employees about what you feel is important and if you’re listening to their concerns and priorities. Get it right, and your benefits dollars will be well spent and will pay off in terms of employee satisfaction and retention. Your…
By Ted Norwood, General Counsel and Director of Representation, Integrated Benefits, Inc. The United States Social Security Administration offers two programs—confusingly named Social Security Disability Income and Supplemental Security Income—aimed at providing or supplementing the income of people who are unable to work. SSDI (also called Title II benefits) provides disability coverage for individuals who…
