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Study identifies disability trends

Over $8 billion dollars in long-term disability insurance claim payments was paid to disabled workers in 2009, a 2.9 percent increase from 2008, a recent survey found.

By Danielle Andrus | Updated on June 24, 2010

Over $8 billion dollars in long-term disability insurance claim payments was paid to disabled workers in 2009, a 2.9 percent increase from 2008, a recent survey found. The 2010 Council for Disability Awareness Long-Term Disability Claims Review also found that unlike most other industries, disability claims have seen little change as result of the economic downturn, even while the number of lives insured fell 2.2 percent from 2008 to 2009.

Over half of companies said they saw no meaningful change in the duration of disability claims, although 41 percent said they noticed an increase in claim duration.

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