May 6, 2012

Disability Claim Estimated To Be Worth $260,000

     I noticed in a footnote to what was otherwise a boring report by Social Security's Office of Inspector General that Social Security's "actuary estimated the present discounted value of expected benefits for an average disabled worker award in 2011 was about $130,000 from the Disability Insurance Trust Fund and $130,000 from the Medicare Trust Fund."  In 2008, the National Academy of Social Insurance had estimated the value of an approved disability claim at $414,000 and they were only looking at the value of the cash benefits.

1 comment:

Anonymous said...

So, the attorney/rep gets about 2%.