Health insurance is an essential part of protection for all people who may become disabled. Having health coverage is also essential for those with disabilities. They need to receive the care of health professionals.
Having good health coverage helps to ensure that you'll be able to cover costs related to your disability, such as your rent or mortgage payments, car loans, food, medical bills and insurance premiums. Investments in universal health insurance for people with disabilities can improve the lives of both those individuals and their communities.
Disability Benefits
If you're disabled, you may qualify for disability benefits from the government. Social Security Disability Insurance is one of them, as are Supplemental Security Insurance and Medicaid.
Disability benefits may differ depending on the state you live in. The disability program that you qualify for will depend on your state.
Medicare and SSI provide disability benefits to low-income people, but do not cover medical expenses. There are also private disability, life and long term insurance programs.
The amount of taxes and your previous work history will determine if you are eligible to receive this type of benefit. These benefits can be applied for online or in person.
The most common kind of disability is a mental one, such as bipolar disorder or autism. A physical disability, such as arthritis and back injuries, is also common.
If you don't have long-term insurance, you can purchase this separately from a medical insurance company. The policies can be pricey, but if a medical condition makes it impossible to work, they are important.
Get Long-Term Disability Coverage
Disability insurance is increasingly offered by employers, often as part of larger employee benefits packages. LIMRA, an organization that tracks health benefits at work, reported that 41 percent offer disability insurance. Some employers even pay the cost of these plans for their employees.
These long-term-disability policies pay out a percent of your earnings, which is usually between 50-70%. However, they typically have a "elimination period," meaning that you have to wait for an injury or illness to qualify for benefits.
This is a great benefit, especially for those with lower incomes who do not have another type of disability coverage. This can be a great benefit for young workers who might lose their job due to a disability.
SUNY Disability Long-Term (LTD).
The University of New York offers free LTD coverage to all of its professional, UUP, and MC staff. The University provides employees with the option of purchasing an employee-paid LTD program, which covers 60% of their earnings before disability. There is a salary limit of $16,667 for each month.
The Standard offers the LTD program directly, or you can contact your SUNY office for more information. You'll be required to submit a short form and proof of insurance, such as an exam.