fbpx
Your source for the latest health, disability and Insurance news and tips

Long-term disability insurance statistics

In 2013, disability claim payments totals were $9.8 billion. This is an increase from the previous year by 1.6 percent. According to the 2014 Council for Disability Awareness, there are more employers offering long-term disability insurance benefits plans. Of the companies that participated in the annual CDA member Long Term Disability Claims Survey in 2013, just over 214,000 employers made long-term disability plans available to their employers. This was the second year that the number of employers had increased after there were declines from 2009 – 2011.

Even though the number of employers offering long-term disability benefits plans increased, there were fewer employees that had long-term disability coverage. The thinking is that more of the plans are offered to employees on a voluntary basis and not provided to employees.

Seventy-two percent of those receiving payments from group long-term disability policies also qualified to received Social Security Disability insurance benefits. This percentage has remained about the same over the past five years. New claims in 2013 were down about 5.7 percent from the previous year, although they were higher in 2010 and 2011.

The average age of people who file new long-term disability claims is just above 50 years old. This shows how the workforce in the U.S. is getting older. The majority of those who file new claims are women — 56 percent of women and 44 percent of men had new disability claims approved in 2013.

These are just a few of the statistics about long-term disability benefits and claims. If you have filed a claim for benefits and it has been denied, an experienced attorney can provide more information on your options.

Our Promise To Our Clients:

  • FREE: Consultations and Insurance Case Evaluations Are Always Free
  • UNDERSTANDING: We understand how you feel. Our clients are often at the very bottom of their life, feeling emotionally, physically, and financially exhausted.
  • PASSIONATE PEOPLE: Our expert Attorneys and Dedicated Staff Love The Work We Do. We are Compassionate, Caring, and Results Driven.
  • UNPARALLELED RESOURCES: We will not be bullied or outspent by billion-dollar insurance companies or their army of lawyers. 
  • RESPECTED: We have fought and won the respect of every disability and Long-term care insurance carrier for our policyholders.
  • RESULTS: Frank Darras and his firms have recovered nearly a $1 billion dollars in wrongfully denied insurance benefits to date, and we put that proven track record to work for you and your family.

DarrasLaw is Americas' most honored and decorated disability litigation firm in the country. Mr. Darras has seen more, evaluated more, litigated more, and resolved more individual and group long term disability and long-term care cases than any other lawyer in the United States.

Request a Free, Confidential Case Review.
Skip to content