Long Term Disability Insurance?
I have only just been placed stale of work for medical reasons and I flied through short permanent status and now that I am on long permanent status they are urging me to apply for SSI. I was told by my employer I am eligible for it till I am 67 but why are they so pushy, they hold law office calling me every day and I update them no thanks, I don't want your assistance and they take that as I own applied and want to know my application date ect. Why are they so pushy and why is it any of their business, I think if it is a service my employer offered that shoudl be it.
Answers:
Maybe you should sit down beside them or via phone, and ask them. Tell them you dont understand why they are so pushy and you toldl you be eligible till 67. nothing can hurt from asking them what give....
Other Answers:
I am also, recently, collecting L.T.D. from the company I worked for. The insurance company that I collect from have a firm they hired to help one apply for Social Security. This other company call me and I have received junk mail from the disability insurance company and this company.
What happens is if Social Security approves you, you will collect anything you can from them first and then the L.T.D. make up the rest of what you are drawing.
I guess they get Social Security involved so they are not paying the entire amount. The appropriate thing I saw be, if you do draw Social Security, you will qualify for medicare after 24 months. That is a lot better than paying a big price for form insurance. Right? I can see where your concern is. Have you checked how long will the long-term disability benefits will closing? Will you receive the benefits until you get better or until you arrive at age 65?
The advantage of you anyone on SSI Disability is one, the company will no longer need to reward your claim. maybe pension later but until you retire they wouldn't enjoy to.
There are two instances a person would be eligible for Medicare - when a personage turns 65 or if they are on SSI Disability. That's another benefit to the company is that if you receive SSI benefits then you're also eligible for Medicare back age 65. Even on LTD, you're still receiving medical benefits from the company, right? Well, when you win on Medicare, then you can receive Medical benefits from Medicare and no longer from the company. I am wondering if you are planning to return to work for this employer? If you are, it sounds to me similar to they are not planning on having a position for you or they would be more than in good spirits to continue to discharge for your benifits until your return. It is a sad truth but we are a moment ago a number in their workforce. Easily replaced and in this day and age quickly replaced. Except for the CEO not a soul is exempt and not even he is safe.. look at Scrushy surrounded by Alabama! But then he is a crook...lol ... but he get his pot of gold ahead of time. Only the guy that certainly "owns" the business these days is nontoxic from losing his position in the workforce regardless of how heaps years you have devoted to THE COMPANY.
Source(s):
SEEN IT HAPPEN... and watching MY BACK