A study commissioned by Unum, the leader in employee benefits, and performed by Charles River Associates, has shown that group disability insurance protects up to half a million families from poverty, and directly saves taxpayers and the government up to an estimated $4.5 billion every year. According to The Wharton School emeritus professor David F. Babbel, who is the Charles River Associates leader of the Insurance Economics Practice, the study…

The Australian government’s Productivity Commission launched an inquiry into the nation’s disability insurance schemes and has release their findings in a report published this week. The commission found that the country’s current support system is unsustainable and does not provide enough support to the great amount of people suffering from disabilities. The commission is proposing a $12 billion a year insurance scheme. Currently, the government spends $6.2 billion per year…