DISABILITY INCOME AND LONG TERM CARE

Long-Term Care Planning and Disability Planning Go Hand-in-Hand

Physician Disability Insurance Facts:

1 in 4 Americans in the workforce will suffer a disabling injury before retirement
350,000 bankruptcies per year can be attributed to unexpected injuries or illnesses
65% of applicants for disability benefits through Social Security are denied the first time

The 5 leading causes of long-term disability

Musculoskeletal. According to the Council for Disability Awareness (CDA), about a quarter of long-term disabilities are caused by muscle, joint or back problems.
Cancer. ...
Cardiovascular. ...
Injuries. ...
Mental health. ...
Strokes. ...
Diabetes. ...
Infectious diseases.

"Cancer is the fastest-growing cause for disability claims," Tassey says. Why? In part, this reflects a rising rate of cancer, he says. It could also result from more effective treatment. "We're doing medical miracles today," he says. "People are living much longer after a cancer diagnosis than they once did." WebMD

Centers for Disease Control and Prevention

Each year in the United States, about three million people are nonfatally injured in motor vehicle crashes.

Crash-related injuries are costly—medical care costs and productivity losses associated with injuries and deaths from motor vehicle crashes exceeded $75 billion in 2017.