May is Disability Insurance Awareness Month, which means it is a good time for Wisconsin residents to make sure that they understand their disability options. Disability insurance is an important lifeline for those who become disabled before retirement, and this happens much more frequently than most people realize. The Social Security Administration estimates that one-quarter of today's 20-year-olds will become disabled prior to retirement.
We often discuss wrongful long-term disability insurance claim denials in this blog. Many of our readers might wonder why it is that disability insurance companies deny claims so often. The answer to this is complex, as there are a number of reasons claims might be denied, but a recent Huffington Post column discusses a few of the issues.
When people in Wisconsin sign up for long-term disability insurance coverage they expect the terms of the policy to be honored. Unfortunately, all too often once someone becomes disabled due to an illness or injury an employer or an insurer fail to hold up its side of the deal. When this does happen, the disability claimant does not have to give up without a fight.
Many Milwaukee area residents participate in their employers' long-term disability plans as a part of standard employee benefits packages. Other Wisconsin residents may have purchased their own disability benefits policies from insurance companies. People invest in such insurance coverage because it is important to have a lifeline in place should one become disabled before retirement.
When someone's long-term disability benefits claim is denied in Wisconsin, it may be important to seek legal counsel to determine whether the insurer is making a mistake or even acting in bad faith. Long-term disability insurance is a safety net so that workers will have a source of income should they become disabled prior to retiring, but unfortunately, it can be very difficult to obtain benefits.
Many people in Wisconsin have long-term disability insurance policies through their employers. Others may have purchased long-term disability insurance independently. This is a very important type of insurance because it provides a safety net in case one suddenly can no longer work due to an illness or in injury. However, as with many types of insurance, it can be difficult to get the insurer to hold up to its end of the deal when it is time to obtain benefits.
Long-term disability insurance is meant to be a safety net for workers should they become disabled before retirement. Unfortunately, as with many forms of insurance, insurers often wrongly deny claims or minimize payouts. Long-term disability denials are often results of insurance-friendly doctors finding that the disability was a result of a pre-existing medical condition. Such was the case for two New York City police officers who were diagnosed with cancer following their work at Ground Zero after the September 11 attacks.
Employees of a town in Massachusetts are really hoping to make it through December without becoming sick or injured. Due to their employer's error, their long-term disability insurance lapsed this month.
In Wisconsin, and throughout the country, workers are far too often denied the employment benefits that they have been promised. For example, often long-term disability benefits claims will be denied for very questionable reasons. When this happens, it is possible to stand up to fight for one's rights, but it can be quite complicated to determine which company is responsible for the error--as the employer, insurer and plan sponsor might all be separate companies.
Many Wisconsin residents have long-term disability insurance policies through their employers. Despite the fact that the terms and administration of these plans must comply with federal law, long-term disability insurers are notorious for denying claims.