In the same way a large university will conduct a multi-million dollar study to come to a common sense conclusion, disability insurance company UNUM hired a massive global consulting firm to conduct a study which, unsurprisingly, reveals that employee-sponsored disability insurance is important for working Americans as it provides a safety net for employees when they are injured or become ill and cannot work.
The report sings the praises of disability insurance benefits from employers, and is careful to make a political point: employee disability insurance benefits also provides a social value, because when benefits are paid, the likelihood of dependency on public assistance programs decreases, thereby preventing families from falling into distressed financial straits.
At Frankel & Newfield, we understand that concept better than most. After all, our disability insurance law practice is focused on preventing families from falling into distressed financial straits, and so we are pleased that our firm also can also be said to provide a social value.
We think that UNUM should make careful and thorough reading of this report mandatory for their own employees at every level and for the employees at companies they hire – particularly the doctors who do their so-called Independent Medical Exams (IMEs) and Functional Capacity Exams (FCEs). They should all be required to read and analyze the report so they understand more fully the importance of disability insurance to the lives of the people whose claims they deny or delay.
If it seems like your disability insurance company is not so concerned about helping your family from falling into a distressed financial situation, call our office today to learn how we can help. You can reach us at 1-877-LTD-CLAIM (877-583-2524).