Disability insurance satisfaction continues to be high

Disability insurance - Income - Form

American workers covered by this type of coverage remain satisfied with what it provides. Millions of Americans are currently covered by disability insurance, providing them with protection against the loss of income they would otherwise face due to being unable to work because of an illness or injury. This coverage makes sure that policyholders will continue to have an income during these extended periods. A recent AHIP survey found that people who have disability insurance are highly satisfied with their coverage and what it provides. They indicated that they are…

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Disability insurance payments paid by SSA to ineligible recipients

Disability Insurance News

These individuals have received $1.3 billion which they were not entitled to obtain and the SSA hopes to recoup some. Estimates released from the Government Accountability Office (GAO) has shown that the Social Security Administration (SSA) has issued approximately $1.3 billion in disability insurance payments to individuals who were not eligible to receive them. This figure was calculated based on an analysis of SSA data for beneficiaries from December 2010 to January 2013. The analysis was conducted on the SSA data regarding the individuals who were recipients of disability insurance…

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Disability insurance fraud crackdown underscores issues in program

Disability Insurance

Federal authorities have discovered massive problems in the coverage plan for injured workers. A probe that has been continuing for two years, so far, has just led federal authorities to make 68 arrests in Puerto Rico, having to do with fraudulent claims on disability insurance. This, according to information from the U.S. Social Security Administration’s inspector general. The inspector general from the U.S. Social Security Administration has stated that prosecutors have now also charged a former Social Security employee as well as three doctors with having taken part in assisting…

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SSA data shows more people on disability insurance than the population of New York City

Disability Insurance

There are a higher number claiming from federal programs than the 8.25 million in NYC. According to the Social Security Administration (SSA), the number of people who are currently claiming federal disability insurance payments has now reached record numbers, exceeding the entire population of New York City. In fact, the SSA data says that there are 500,000 more people claiming than in NYC. The latest population data shows that there are 8.25 million people living in the large urban center, but the June 2012 statistics regarding federal disability insurance payments…

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