All About Social Security Disability Insurance

All About Social Security Disability Insurance

The federal government has a way to protect social security members from the financial hardships of sustaining a disability. This is called the Social Security Disability Insurance, also known simply as SSDI. Applying and receiving the benefits of this insurance program can be very complicated. But certain factors can easily be understood, such as those enumerated below.

Eligibility for SSDI

SSDI is an interesting program, so it is not surprising that many people would like to receive its benefits. But unfortunately, not everybody is eligible to enjoy them. There are certain guidelines that need to be passed for a person to be viable for coverage. First, the person should be contributing to the social security program for a specific number of years. Second, the person should be truly medically disabled, either through injury or medical condition. The age of the person and his or her number of years in employment are also taken into consideration. A combination of these factors may increase chances of approval. For example, a person who has worked for twenty years, diligently contributed to social security, and suddenly become disabled, may have more chances compared to a person who has worked only for five years.

Coverage of SSDI

Coverage can either be short-term or long-term, and this will depend on the severity of the person’s disability and how badly it needs medical attention and expenses. Typically, the coverage is calculated in a way that involves a percentage of the person’s average earnings wherein he or she has contributed to the social security program. Different earning brackets have different percentage calculations.

Advantages of SSDI

When you look at it in a different perspective, SSDI is there to give back what the disabled person has contributed, especially now that he or she needs the financial cushion for the disability. The clear advantage of having the benefits of Social Security Disability Insurance is that the person can now attend to his or her medical needs and have enough financial flexibility for everyday expenses. This may also prevent emotional and psychological problems that may arise from getting disabled and experiencing financial hardships because of it, such as depression, increased irritability, and disinterest in social activities and events.

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