The Senate Finance Committee has scheduled a hearing for September 28 to investigate the question Do Private Long-Term Disability Policies Provide the Protection They Promise? David Rust, Social Security's Deputy Commissioner for Retirement and Disability Policy is scheduled to testify. Mary DeBofsky, a Chicago attorney who represents long term disability claimants will also testify.
These carriers clog up the Social Security System so much for the true disabled. Congress should changed the Regulations so that long term disability payments were offset, much like they offset Workers Comp payments. With the reverse being currently true, there is too much incentive for the insurance companies to file frivilous disability claims.
ReplyDelete