|
- On average, disabled workers with disability income protection returned to work three months earlier than workers without protection.
- Nearly two-thirds of workers with disability benefits said they felt better about their employer after receiving coverage.
- Employees with disability coverage are twice as likely to stay with their employer after a disability.
- 64 percent of workers without coverage had difficulty returning to work, compared with 52 percent of those with coverage.
- Just 17 percent of respondents said they were completely recovered financially after one year, compared with 40 percent of respondents with "adequate" disability coverage.
- Three-quarters of survey respondents said disability had a major or devastating effect on their emotional well-being.
- 80 percent said disability had a major or devastating effect on their financial security.
- Over 70 percent of workers said cost was the main reason they didn't have disability coverage.
Source: MetLife, "Everything Changed in the Blink of an Eye: Putting a Face on the Emotional and Financial Impact of Disability"
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
