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If you had active coverage under your group short-term disability or long-term disability plan on November 9, 2007, then you may be eligible for benefits. You will have to find out what insurance company handled your disability benefits during that period of time, and then follow-up with them. Whether you are actually eligible for benefits will depend on the contract your employer had/has with this insurance company. Some contracts have late filing penalties, some have clauses regarding termination of employment, etc. Long story short - call that insurance company. You may be eligible for disability benefits.
Social Security does not allow garnishment of disability benefits by creditors. Any credit card company, business, or individual who has won a judgment against you will never garnish your Social Security disability check.Social Security will allow garnishment of your Social Security disability benefits for current and past due child support or alimony. And the Internal Revenue Service is allowed to garnish Social Security disability and retirement benefits for delinquent taxes.Also, in addition to the IRS, other federal agencies may be allowed to garnish Social Security disability benefits.For instance, if an individual owes student loans that were federally guaranteed their Social Security disability benefit can be garnished.In theory, any money owed to the federal government can conceivably be garnished from Social Security retirement or disability checks.If you receive Supplemental Security Income (SSI) disability benefits, however, no creditor can garnish your benefit, not even the Federal Government. Since SSI is a need based disability benefit, it cannot be garnished.
if I am receiving short term disability and my company is bought out and I need to go on long term disability will I be covered for long term?
Yes, it is very common for disability insurance plans to include a clause for social security disability, meaning the insurance company will pay a portion of the monthly benefit, expecting that you would apply for social security benefits to pay for the "Supplemental Social Security benefits". In the event you get declined by Social Security, then the insurance company would cover the additional supplemental benefits. Employer group plans as well as individual disability insurance plans can include that clause.
Employee benefits are things other than money the company gives you: medical insurance life insurance disability insurance retirement benefits vacation paid holidays
Your individual disability insurance policy is portable and benefits will not be affected by moving to a different state. If you have disability insurance through your employer, and move in a new state while working for the same employer, benefits will not be changed. However, if you leave your employer, you may lose the disability insurance benefits through a group DI policy. If you are currently disabled and are receiving disability benefits from the state, you will have to check with the new state regulations on social security DI; If you are receiving benefits through a personal/ individual insurance policy from an insurance company, then benefits are not going to be affected by the state of residence.
It will depend on what company you work for in terms of what benefits you will receive. Some jobs don't offer them while some do. If you do get into a company that does, they usually offer health and dental insurance as benefits.
You should consult with a tax specialist, but generally employer paid disability insurance benefits are taxable.
The physical Disability insurance contract provided by the insurance company will have all of the information needed to determine whether they will want their money back if a claimant is eligible for Social-Security (SS) benefits. If you have Disability insurance under a group policy (through work), there is a good chance that they will want a refund for benefits paid on any month that you were eligible and receive SS benefits. This will often be described very clearly in the contract. Group contracts will often offset your benefits, dollar-for-dollar (100%) with an benefits received from SS and family SS. In order to be sure, simply reference the contract you have. With individual Disability coverage you should know if any of your benefits will offset with SS benefits. Benefits are classified as "Base benefits", which do not offset or "Social Insurance benefits" which is an optional rider you can add to your coverage and will offset dollar-for-dollar with SS benefits. This information will be found in your original contract. In order to know for sure, you should reference the contract. *There are many different names for the Social insurance rider. Every company has their own variation, but the conditions are similar.
There are two circumstances in which you would have to repay benefits once you qualify for Social Security disability benefits:The first is if you own an individual Disability policy that includes a Social Insurance offset benefit. Social Insurance benefits are benefits that the insurance company pays on a disability claim, but will offset dollar-for-dollar with social security benefits.The second is if someone receiving benefits from a group Disability policy is eligible for social security benefits. Every group policy will have a provision in the contract that explains how benefits will be handled when a claimant is eligible for social security benefits. As much as group policies are great because they are less expensive and usually can be obtained without medical underwriting, the contract itself is not as good. In a sense, you get what you pay for. Most group disability policies will offset dollar-for-dollar with any social security benefits received, including personal and family benefits. In many situations the amount you will receive from the actual disability insurance company will be minimal.More specific to the question being asked - it can take a long time for social security benefits to be approved and paid. Therefore, many times the insurance companies will pay out benefits during months in which a claimant was technically eligible for social security benefits. Once the social security benefits are approved and paid, the claimant will be expected to repay the insurance company for all benefits paid that would otherwise have been offset. A claimant will not be expected to repay benefits for months in which they were not eligible for social security disability benefits.
Essentially, the company will forgo future premiums, while retaining policy benefits as previously, for a stipulated period.
If the law suit is a result of the event or injury that allowed the disability benefit, yes, the benefits can be discontinued, or money may have to be reimbursed to the insurance company. Consult your attorney for the specifics.