Misconceptions About Disability Insurance
Dec 11, 2011
Jamie Fleischner

Jamie Fleischner

11 Dec, 2011
  • At its current state, the Social Security Disability Insurance Trust Fund is projected to exhaust by 2018.
    – “A Summary of the 2011 Annual Reports.” The US Social Security Administration. 2011. Web. http://www.socialsecurity.gov/oact/trsum/index.html.
  • Nearly three-fourths of disabling injuries in 2008 are not work related, and therefore not covered by workers’ compensation.
    – National Safety Council®, Injury Facts® 2010 Ed.
  • More than 95% of long-term disability claims were not work-related in 2010.
    – 2011 Long-Term Disability Claims Review, Council for Disability Awareness
  • Less than half – 35.9% – of the workers who applied for Social Security Disability Insurance (SSDI) benefits in 2010 were approved.
    – 2011 Long-Term Disability Claims Review, Council for Disability Awareness
  • 40.2% of disabled men and 63.9% of disabled women in 2010 received SSDI benefits of less than $1,000 per month; only 3.9% of disabled workers received $2,000 or more in SSDI monthly benefits.
    – 2011 Long-Term Disability Claims Review, Council for Disability Awareness
  • The average monthly SSDI benefit is $1,064.
    – Social Security Administration, Monthly Statistical Snapshot, December 2009, ssa.gov
  • Comparison of Social Security disability insurance applications to the amount approved:

 In 2007, the percentage of working-age people with disabilities receiving SSDI payments in the US was 17.1%.
– U.S. Census Bureau, American Community Survey, 2007

  • Over 6.8 million workers are receiving SSDI benefits, almost half are under age 50.  This represents only 13% of the over 51 million Americans classified as disabled.
    – Social Security Administration, Fact Sheet 2007
  • The disabled worker population continues to steadily grow: The number of disable workers receiving SSDI claim payments increased by 5.3% from year end 2009 to year end 2010, continuing to outpace growth in the overall covered worker population.
    – 2011 Long-Term Disability Claims Review, Council for Disability Awareness
  • Over 2.5 million workers in their 20s, 30s and 40s were receiving SSDI payments at the end of 2010; this constitutes over 30% of all workers receiving SSDI payments.
    – Long-Term Disability Claims Review, Council for Disability Awareness

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