Just like other employment plans, this kind of state disability (LTD) is based on the worker's time and attendance and productivity while in the absence of a job.
About state long term disability:
In state long term disability the only thing that you are required to do in order to be considered for the program is be self - employed, which is what something that most people have usually.
-Very affordable – average cost is $700.
-Transferability of benefits to children – in other words, if disabled person dies family can continue to get benefits.
Pros of state long term disability:
In state long term disability, when you go to apply for the program, you will have to show that you have a job that will qualify you for the program, and that you don't have any major medical issues.
-No eligibility requirements – one does not need to be 60 to be eligible for long term disability.-No medical tests – one can choose to take test - not mandatory.
Pros of state long term disability:
State long term disability insurance (SDI) is a program administered by the States to help people that have a work related disability remain in workforce. SDI is designed to help families as well.
Cons of state long term disability:
-False Claims - some policies are designed to exploit system & report doctors & other medical staff who claim that your condition is over or recovering when isn’t.
State long term disability insurance helps the worker(s) and the worker's family. So, that is why I don't necessarily think that SDI should be off the table when discussing reducing the deficit.