Calculating disability benefits seems like it should be an easy matter. Yet, determining the amount of disability benefits payable can sometimes be quite complicated. Individual disability benefits are usually easier to calculate than group disability benefits. But the devil is often in the details as the following discussion points out.[…]
Once an individual qualifies to receive disability insurance benefits, they are expected to regularly update the insurance company on their condition by completing reports and by providing ongoing certification of their disability by one or more of their treating doctors. […]
The ERISA statute and regulations include guidelines for timing of certain acts that employers need to perform, as well as deadlines for employees. […]
If you file a disability claim, you will need to provide your insurer with sufficient proof of loss before any benefits are payable. Therefore, it is critical to understand what exactly proof of loss in a disability insurance claim to be sure that you get the disability benefits to which you are entitled. […]
Many disability insurance claimants mistakenly believe that the provisions of the Affordable Care Act (ACA or Obamacare), which prohibits insurance companies from excluding coverage based on pre-existing conditions, is applicable to disability insurance. […]
An essential part of filing your disability insurance claim is the “attending physician statement” or “APS.” The APS is a form designed by the insurance company that your doctor needs to complete in order for you to receive benefits […]