| 来源类型 | Publication
|
| An Analysis of Private Long-Term Disability Insurance Access, Cost, and Trends |
| Priyanka Anand; David Wittenburg
|
| 发表日期 | 2017-03-24
|
| 出版者 | Monthly Labor Review
|
| 出版年 | 2017
|
| 语种 | 英语
|
| 概述 | The authors use data from the National Compensation Survey to examine private long-term disability insurance access, cost, and trends over time.", |
| 摘要 |
Key Findings:
- Workers who had access to LTDI in 2013 tended to work full time, have higher wage jobs, work in larger establishments, and have a lower imputed disability prevalence than those without access to coverage.
- The cost for employers who provided LTDI to workers was, on average, $0.13 per hour and typically ranged from 0.3 percent to 0.6 percent of wages for most types of workers.
- A slight increase in LTDI access rates occurred over the past decade (2003 through 2013), although only a minority of workers have the option of LTDI.
The authors use data from the National Compensation Survey to examine private long-term disability insurance (LTDI) access, cost, and trends over time. In 2013, one-third of employers provided access to LTDI. Compared with those without LTDI access, workers with access were more likely to work full time, have jobs with higher wages, work in larger establishments, and be employed in industries and regions with lower disability prevalence. The average cost for employers to provide LTDI to most types of workers who currently have access is typically 0.3 percent to 0.6 percent of their total wages. This proportion is slightly smaller than the disability insurance component of the Social Security payroll tax, a component that is 0.9 percent of wages. A slight increase in LTDI access rates occurred over the past decade (2003 through 2013), although only a minority of workers have the option of LTDI. These findings suggest that any type of expansion in LTDI access would affect primarily workers who have lower wages, work in small establishments, and have higher imputed disability prevalence, given that these individuals were least likely to have coverage in 2013. |
| URL | https://www.mathematica.org/our-publications-and-findings/publications/an-analysis-of-private-long-term-disability-insurance-access-cost-and-trends
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| 来源智库 | Mathematica Policy Research (United States)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/488809
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推荐引用方式
GB/T 7714 |
Priyanka Anand,David Wittenburg. An Analysis of Private Long-Term Disability Insurance Access, Cost, and Trends. 2017.
|
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