Many Wisconsin employers offer long-term disability benefits to their employees as a part of their benefits package. While not everyone recognizes the advantage of such a plan, when an individual becomes sick or disabled, this type of benefit plan can be quite beneficial. Recently, a worker in another state was awarded a substantial amount as a result of her long-term disability benefits claim being denied by the insurance carrier.
Long-term disability benefits are notoriously difficult to attain due to the fact that the long-term disability insurance companies often look for any opportunity to deny the claim. Although long-term disability insurance is designed to protect employees in the event they become disabled prior to retirement, they do not always pay the benefits to which claimants are entitled. In Wisconsin and on a national level, the debate continues as reform for long-term disability becomes necessary.
As the new year approaches, new perspectives and goals for the future are born. Communities nationwide will work to create more opportunities for individuals and organizations. One specific Wisconsin community, the disabled community, is working toward such an effort to improve upon the future for people with disabilities. The community is hopeful for changes and advancements to long-term disability benefits, among other things.
Americans receive unfair long-term disability denial claims every single day despite serious illness and injury. Some insurance companies love to take money in premiums but often hate to pay claims. Simply stated, in a profit-making insurance company; shareholders come first, policyholders come second. Wisconsin policyholders have the right to take action if their claim is denied. Recently, one policyholder filed a lawsuit against an employer for failure to accommodate long-term disability coverage.
Some teachers in a county of Wisconsin are unsure if they will be able to receive some of the benefits that the school district is scheduled to discontinue. The members of the Kenosha school board have made a decision to drop some of the coverage for teachers, both still active and retired. One of the considered changes that has caused the most discontent and uncertainty is the long-term disability benefits. The Wisconsin school district authorities have stated that the rising costs of all benefits and insurance are the main reason that they have decided to discontinue it.
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.