While all Maryland residents hope for good health, problems can crop up for anyone. As almost everyone has others relying upon them for emotional and financial support, an injury or illness that prevents an individual from working can be devastating.
According to the Social Security Administration, at least one in four individuals over the age of 20 will become disabled before reaching the age of 67. Disability coverage provided by employers paid out in excess of $9 billion for the 650,000 workers that had become disabled across the United States. With that in mind, it is entirely possible that anyone of us will be in need of disability payments prior to our retirement age.
Unfortunately, certain individuals believe that workers' compensation will cover the injury or illness. However, since fewer than 5 percent of injuries were received on the job, there is an extremely good chance that workers' compensation will not help out regarding most disabling injuries or illnesses.
Also, disability insurance is not always easy to come by. If it is not provided by the employer, the expense of such coverage could be relatively more expensive.
Many disabled individuals may find that Social Security disability is one of the few options left for them. However, the process can be confusing for those that apply. Attorneys accustomed to helping clients with matters related to SSDI understand the process, can assist in the preparation of paperwork and can represent clients at administrative or court hearings. This assistance can ultimately save clients time. Also the greater possibility of one's claim being approved due to attorney assistance could prove to be invaluable.
Source: Forbes, "5 Myths About Disability Insurance," Ashlea Ebeling, Sep. 24, 2013