Thursday, July 23, 2009

Law firm explains how lower mortality and longevity contribute to disability

The “Senior Living” section of the northern Virginia “Your Health” magazine has an article “The Overall Effects of Disability” on p 36, Aug. 2009, by Scott B. Elkind, Esq., of Elkind & Shea, the Disability Benefits Law Firm.

The authors point out that an individual has a 72% chance of having some disability before retirement age at some time, and there is a 50% chance that this can last more than three years. Ten years later, such individuals have an overall income reduction of 46%.

I was lucky. My convenience store fall in 1998 resulted in a serious injury (acetabular fracture) and I got worldclass treatment at the University of Minnesota, was back to work in three weeks (when I could well have been in traction), and was paid 100% short term disability by my employer by its insurance plan for that time.

The authors point out that “decreasing mortality” and “increased longevity” will eventually lead to a “crushing societal burden.”

This article does not appear online yet, but the July 2009 article “Disability Dilemma” from the firm is here.

The law firm has a good article on its own site for the newly disabled here.

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