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Value of Disability Benefits Often Overlooked
Society for Human Resource Management [SHRM]
Aug. 25, 2015
"Currently, one-third of American workers -- more than 40 million employees -- are enrolled in private disability coverage ... But less than half (47 percent) of employers with 10 to 99 employees offered long-term disability insurance in 2014. Although 42 percent of employers without LTD thought that the benefit would cost $30 or more per month for each worker, industry data shows that the typical range for an LTD premium per month in employer-sponsored programs is $20 to $30[.]"
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