2013 Long Term Disability Claim Payments Increase to $9.8 Billion

Disability claims payments totaled $9.8 billion in 2013, a 1.6% increase over 2012, according to the Council for Disability Awareness (CDA). In addition, more employers (214,000) offered long term disability benefit plans in 2013 than in 2012, yet the number of insured people fell 1% to 32.1 million – a decrease that may reflect the trend toward more voluntary/employee-paid disability benefit plans. Women made up 56% of the 150,000 new disability claimants approved by CDA member companies were women.

In 2013, the average claimant age exceeded 50 for the first time. Claims for those age 50 and older  have been consistently increasing as a percentage of the total, reflecting the aging of America’s working population. Yet, more than four in 10 new claimants were in their 40s or younger. Musculoskeletal system/connective tissue disorders remain the leading cause of new disability claims, followed by cancer, injuries, cardiovascular/circulatory disorders and mental disorders.

The number of existing claimants who received disability payments in 2013 fell 3% to 653,000. For the second year in a row, new disability claims declined after increases in 2010 and 2011. The 5.7% decrease in new approved claims in 2013 is a result of fewer claim applications received — one indication of an improving economy. The number of disabled workers who were receiving SSDI payments last year increased 1.3% to more than 8.9 million, representing the slowest growth rate in over a decade. This slowing growth rate is a result of declining SSDI claim applications and new awards during the past three years. For more information, visit www.disabilitycanhappen.org.

Last Updated 09/16/2020

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