Social Security Disability Insurance (SSDI) is available if you have worked 10 years before becoming disabled; after 5 months of disability; if the expected duration of disability is more than one year. It pays an average of $894.10 per month (Source: Annual Report on the Social Security of Disability Insurance Program, 2004) 
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The average monthly Social Security Disability Income (SSDI) payment is $938, replacing on average, about 33% of current income (Source: The Council of Disability Insurers, The Long Term Disability Claims Review: 2005) READ MORE
Disability Insurance News
May 1, 2007: Workplace Disabilities are on the Rise
New government and industry studies have found that disabilities among American workers are growing at an accelerating pace, which is prompting employers to accommodate more maladies in the workplace, stated an article in "The Wall Street Journal" on May 1, 2007.[1] Unhealthy lifestyles, poor eating habits and lack of exercise are contributing to the problem.
Federal government figures show steep increases. Those receiving Social Security Disability Income (SSDI) grew 4.4 percent to 6.8 million last year. This was up 51 percent over the past decade. An interesting fact is that women are filing claims at nearly twice the rate as men, according to an analysis of federal data by The Council for Disability Awareness[2], stated the article.
Back and joint problems, cancer, and heart disease were among the leading causes of disability, according to the insurance industry survey and a recent study by the federal government's Institute of Medicine of the National Academy of Sciences.[3] The article also states that chronic bronchitis, congestive heart failure and diabetes also are growing among adults of working age. The study warned that asthma, autism and obesity among children and younger adults could limit their ability to work or participate in daily activities in the future.
Insurers say disability insurance is increasingly important as more families depend on two incomes. Also, the growth of defined-contribution retirement plans, such as 401(k), means that a prolonged disability could reduce a family's contributions to retirement savings.
References
- McQueen, M.P. "Workplace Disabilities are on the Rise," The Wall Street Journal, May 1, 2007. http://webreprints.djreprints.com/1703631354635.html
- www.disabilitycanhappen.org
- www.iom.edu
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