Social Security has posted final numbers on disability claims and awards for calendar year 2023. With the pandemic tamped down to a level which permits most people to live normally, the number of disability claims filed and awarded increased modestly.
Number of applications |
|
Field office |
Initial DDS |
2009 ..... |
2,816,244 |
1,798,975 |
2010 ..... |
2,935,798 |
1,926,398 |
2011 ..... |
2,878,920 |
1,859,591 |
2012 ..... |
2,824,024 |
1,808,863 |
2013 ..... |
2,653,939 |
1,702,700 |
2014 ..... |
2,536,174 |
1,633,652 |
2015 ..... |
2,427,443 |
1,552,119 |
2016 ..... |
2,321,583 |
1,473,700 |
2017 ..... |
2,179,928 |
1,377,803 |
2018 ..... |
2,073,293 |
1,300,668 |
2019 ..... |
2,015,182 |
1,309,863 |
2020 ..... |
1,838,893 |
1,226,236 |
2021 ..... |
1,820,282 |
1,210,545 |
2022 ..... |
1,804,384 |
1,205,686 |
2023 ..... |
1,904,635 |
1,248,378 |
Number of Awards
2009 .....985,940 |
2010 .....1,052,551 |
2011 .....1,025,003 |
2012 .....979,973 |
2013 .....884,894 |
2014 .....810,973 |
2015 .....775,739 |
2016 .....744,268 |
2017 .....762,141 |
2018 .....733,879 |
2019 ....723,858 |
2020 .....648,121 |
2021 .....571,952 |
2022 .....543,445 |
2023 .....561,585 |
I am wondering what the future is going to look like on disability claims in the short term. We are at the end of the bell curve of Boomers really, they are tailing down and reaching retirement. Gen X is much much much smaller, so they will have a very small impact on claims. It will be a bit before Millennials (who the early ones are now approaching 40) start filing for disability in larger numbers. They represent the next big wave, some numbers have them as a cohort being about the same as the Boomers or even larger.
ReplyDeleteLater generations are much more comfortable with online filings and processing and have much more tech mentality. It will be interesting to see how it plays out.
My take is 1/3 or so of disability claims filed are technical denials and better than 40%of those that aren't technical denials are allowed.
ReplyDeleteAre these nitial claim numbers only?
ReplyDelete@11:51
ReplyDeleteYes, these are initial application numbers only.