The Incredible Benefit Reduction: An Analysis of Long-Term Disability Insurance

Both short and long term disability insurance are important benefits that many employers provide to their employees. These benefits can provide a valuable safety net for employees who are fortunate enough to have an employer that includes them in their benefits package. However, is the perk as valuable as it sounds?

In most cases, if long-term disability is offered through your employment, the plan is governed by federal law known as the Employees Retirement Income Security Act of 1974, or ERISA. ERISA sets the application review times and the review standard for application denials, but it does not set out what should be in the disability insurance policy.

This content has been archived. It is available from our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Why am I seeing this?

LexisNexis® and Bloomberg Law are third-party online distributors of the extensive collection of current and archived versions of ALM’s legal news publications. LexisNexis® and Bloomberg Law clients may access and use ALM content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal and Corporate Counsel, as well as other sources. legal information.

For any questions, call 1-877-256-2472 or contact us at [email protected]

About Antoine L. Cassell

Check Also

How Private Short-Term Disability Insurance Affects Public Disability Benefits

Forty percent of American workers have access to employer-provided short-term disability insurance (STDI). This insurance …

Leave a Reply

Your email address will not be published.