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More group disability premiums collected in 2016

The combined short-term disability and long-term disability in-force premium was $14.4 billion in 2016 among the 20 companies who contributed to the Milliman survey.

By Katie Kuehner-Hebert | Updated on June 23, 2017
The Milliman survey examines sales of group disability insurance sales. (Photo: iStock)

The group disability insurance industry as a whole collected more premiums in 2016 than the year before, according to Milliman Inc.’s 2016 U.S. Group Disability Market Survey.

The combined short-term disability and long-term disability in-force premium was $14.4 billion in 2016 among the 20 companies who contributed to the survey, versus $13.6 billion in 2015. Milliman estimates their total premium represents 85 percent to 90 percent of the group disability insurance market in terms of in-force business. Short-term disability in-force premium increased by 6.4 percent, and long-term disability in-force premium increased by 5.1 percent.

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Katie Kuehner-Hebert

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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