All people require health insurance to protect them in the event of disability. Having health insurance is also important for persons with disabilities, because they need it to receive treatment and care from health professionals.
A good health insurance plan will help you cover the costs associated with your disability. This includes rent, mortgage, car payments, food, medical expenses, and insurance premiums. Investments in universal health insurance for people with disabilities can improve the lives of both those individuals and their communities.
Benefits of Disabled Persons
If you have a disability, you could be eligible for government-sponsored benefits. Social Security Disability Insurance is one of them, as are Supplemental Security Insurance and Medicaid.
The disability benefits you get may vary, depending on your state. Your state will decide which disability program you qualify for, and how much it will cost you.
Medicare and SSI both provide benefits for people with low income, but these programs do not cover every medical expense. There are also private disability, life and long term insurance programs.
The amount of taxes and your previous work history will determine if you are eligible to receive this type of benefit. You can apply online or in-person for these benefits.
The most common kind of disability is a mental one, such as bipolar disorder or autism. Another common form of disability is physical, such a arthritis or a back accident.
You can get long-term disability insurance from your employer, or buy it separately from a health insurance company. They can be costly, but are necessary if you're unable to work due to a medical condition.
Long-Term disability insurance
A growing number of employers offer disability insurance, which often comes as part of a larger employee benefit package. LIMRA reports that 41 % of companies offer this type of insurance. Some employers may even cover these costs for their employees.
These long-term disability plans pay a percentage of wages, typically 50-70%. They usually have an "elimination" period, meaning you must wait until a serious injury or illness occurs to be eligible for benefits.
It can be a very important benefit to workers who earn less and do not have other disability insurance. The benefit can also extend to younger workers, who could lose their job because of a disabling condition.
SUNY Long-Term Disability (LTD)
All professional, UUP and MC University of New York employees are covered by LTD insurance at no charge. Employees can also purchase a paid-for LTD plan that covers 60 percent of pre-disability income with a monthly salary cap of up to $16,667.
The Standard offers the LTD program directly, or you can contact your SUNY office for more information. To sign up for the LTD plan, you'll have to submit an application along with proof of insurability (such as a physical exam).