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:: Thursday, November 25, 2004 ::
Workers Underestimate Likelihood of a Disability Occupational Hazards
A majority – 58 percent – of working adults believe they are covered by disability insurance, but only one-third of workers nationwide are covered. Workers also overestimate the proportion of disabilities that are covered by workers' compensation insurance. Only 10 percent of disabilities are covered by workers' compensation insurance, but 59 percent of those surveyed believe that the proportion is higher than that. This gap in understanding about the need for disability income protection is put in stark relief by the fact that one-third of working adults say that their families could live only for three months or less on their savings and other income if the primary wage earner lost his or her income due to a disability.
posted 5:45 PM :: reference link ::
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