The Cost of a Disability

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  • 49% of workers would have difficulty supporting themselves within one month of becoming disabled.
    – The Disability Survey conducted by Kelton Research on behalf of the LIFE Foundation, April 2009
  • One work-related disabling injury costs an employer on average $48,000. 
    – National Safety Council®, Injury Facts® 2010 Ed.
  • Off-the-job injuries to workers cost the nation at least $253.3 billion and 225 million days of production time in 2008.
    – National Safety Council®, Injury Facts® 2010 Ed.
  • The average disability absence results in payments of $3,800, while lost productivity costs on average over $22,800.
    – Integrated Benefits Institute, IBI News September 8th, 2006
  • Employers spend 4.1% of payroll on unscheduled absences.
    – Marsh/Mercer Health & Benefits, “Health, Productivity and Absence Management Programs”, 2006 Survey report
  • In 2006, unscheduled absence cost some large employers an estimated $850,000 per year in direct payroll.
    – CCH and Harris Interactive, “2006 CCH Unscheduled Absence Survey,” October 2006
  • Disabling injuries and illnesses account for 55% of employee absences.
    – JHA 2005 Absence Management Survey, “Big-picture benefits: Integrating FMLA and disability claims data helps reduce absenteeism,” by Chris Silva, September 2006
  • Just 10% of disability cases account for more than half the total medical and disability costs.
    – Integrated Benefits Institute, IBI News September 8th, 2008

For more information about the cost of a disability or to request a disability insurance quote comparison, contact Set for Life Insurance.

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