What are disadvantages of going on Long Term Disability from an employer?
2006-08-12 16:11:22 · 6 answers · asked by Nightflyer 5 in Health ➔ Other - Health
at my company if over one year ,your job is terminated ,lose health insurance in18 months and pay cobra costs, must use up all your remaining vacation and sick time, can't borrow from your 401k.I dunno the rest, been on long term disability for 4 years. hope you feel better. the ltd people are ball busters and are always trying to stop paying you,
so make sure you are really disabed according to all standards,my ltd company made me apply for and pass SSDI b4 they payed me. they only pay the difference between what they owe and ssdi
2006-08-12 16:26:02 · answer #1 · answered by Patrick Bateman 3 · 0⤊ 0⤋
My sweet little sister has been on total disability for 15 years (she had cancer) -- IT IS SO hard!! there is NEVER enough money to just pay basic bills and eat. Buying the meds she needs is out of the question... She has this to look forward to for the rest of her life and she is only 50. ALL I tell you--just look forward to POVERTY!!!
2006-08-12 16:16:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You mean LTD insurance? What are your choices? If you are sick or injured you shouldnt be weighing the pros and cons.
2006-08-12 16:16:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Having money while you're unable to work.
2006-08-12 16:13:05 · answer #4 · answered by Wordless 2 · 0⤊ 0⤋
you might get fired if you take to much time off. it happened to my aunt.
2006-08-12 16:13:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
getting money without working for it...
2006-08-12 16:13:18 · answer #6 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋