Jun 10, 2011

STD And LTD Coverage Plummets

From a press release:
According to new research1 from The Hartford, 49 percent of U.S. workers have short-term disability insurance [STD] and 44 percent have long-term disability insurance [LTD]. This represents a drop of 6 percent and 3 percent, respectively, over last year’s survey in the number of Americans with the coverage that provides an income if one cannot work due to an illness or non-work related injury.

2 comments:

Anonymous said...

Interesting that their conclusions are based on "1000 online" respondents. I wonder how statistically reliable that is.

Anonymous said...

Could it be that such a drop is due to big employers cutting STD/LTD from their benefit packages?