Seriously most adults cant meet expenses while having no disabilities, and in turn will not budget in to pay premiums for disability insurance.
Since 6 out of 10 Americans are financially struggling and have considerable debt it seems as though we should institute a law requiring that everyone carry disability coverage. Since the government stepped in and started requiring (and monitoring) auto insurance, why not require disability insurance also. If nothing else it will help to prevent those few Americans who have their finances in order from paying to care for people who are not planning for eventualities.
Okay, if you want to go that route, why not require medical insurance? Since medical bills are the leading cause of bankruptcy.
And what would be the penalty? If you don\’t have auto ins, the fine in Fla is $500. Cheaper then ins premiums.
And, then again, people on welfare wouldn\’t be part of that, so either way the rest of us pay. I\’d rather pay for someone who worked for 20 years and had something prevent them from working then pay for someone for 20 years that never had any intention of working.
So you\’re talking about trying to force the people that are actually out there working and trying to make it to pay out more.
\”There otta be a law\’ sounds simple but is unenforceable and another way for the government to be involved in our business. Maybe the insurance industry should consider this as an opportunity to market a product that the public needs. But then again, are the percentages involved here similar to the ones that describe how the public is also under insured when it comes to life insurance? I don\’t see the industry making any strides in trying to aggressively market life insurance to the underinsured public. One last thought, our most pressing need in this country is health care could it be that if we get a greater percentage of people/families insured that would reduce the disabilities people would suffer due to poor health care?
If you want to be honest, fine. The government has stepped in. In most states temp. DI is required. This is in addition to WC which is were the majority of debilitating accidents occur from. Add to that the tax benefits the federal government gives to people purchasing LTC, making it effectively free for the younger people and affordable to the rest and you have some heavy federal government intervention to start with. Do you really want to be honest? Well, for those who become permenently disabled the Federal Government in conjunction with state government gives you Social Security benefits along with medicare to cover your health costs.
Need government involvement?
Not any more, we have enough.
How do you want it to be paid for?
How much would it cost – if it is manditory the ins. co. would have to cover ALL risks… hmmm then we would need a government agency to cover those risks that are commercially uninsurable… more government involvement… and where would the money for that come from?
You start a downward spiral when you have these dangerous thoughts.
People like you are the reason so much of the money I earn is pissed in the wind by a bunch of faceless morons trying to keep other faceless morons like you happy.
How about we stop making excuses for the part of the population that is not able to pay for the things they purchase. There is an idea huh?
How do we enforce it? Take away a drivers license, dont allow them to apply for more credit cards they will never pay off. Health care a problem go and GET A JOB. Part time jobs may not offer health care but in my entire career I have never had a full time job where I didn’t get benefits.
It is people like you that believe that \”things will work themselves out\” and lets just \”sit back and enjoy the ride\”. As an insurance professional one would believe you would understand the need for adequate coverage in all parts of your life. I have a disability policy that costs me a whopping $11 per month…I know I know that is outrageous.
In California the fine for driving with no insurance is a revoked license, up to $1000 fines, and suspended registration. Obviously there are different penalties in different states.
If you injure yourself on the job your work comp kicks in so lets not even bring that into the subject.
Is an insurance company assuming all of the liability and risks? Not when 80% of people who have disability insurance in place never use the benefit. Instead my SS and SSDI benefits will be less than what I have coming to me should I have a permanent disability, gee that sounds wonderful, I insure myself adequately AND pay for all others who don’t, your right that sounds incredibly fair.
Mr. Ring lets not get personal here. The reason there isn\’t much intelligent discourse in this country is that guys like you make everything personal. You were doing fine until the last few lines. Let’s keep this professional and save the *****ing and name calling for your bartender…. aaaa see that wasn\’t very nice was it. I apologize :)
So, Jennifer, who are you really pissed at? People like me who actually do work for a living, never have one thing handed to me, and yet my bills grow faster then my income- and not because I actually BOUGHT anything. It just happens. Taxes, insurance, gas prices, etc. Cost of living goes up 25% and income goes up 4%.
I\’m not making excuses for myself. I\’m saying the problem doesn\’t start or stop with the 20% of people who have catastrophic illness or accidents a year.
Where is your soapbox when it comes to providing the absolute best medical care AND paying rent/mortgage for the people who don\’t work? And if they become disabled by breaking their leg on the way to the fridge, we pay for that, too.
Stop acting like the working class is the bad guy. Must be nice to stand up there and point fingers.
Ahh that was a great comment. I made my soap box so yes I will stand on it. My grandfather used to tell me if you can afford it you dont need it.
I do work for a living, put myself through college going to night classes worked full time during the day, paid off my tuition and student loans all by myself, no help from the parents thank you. I got my own insurance license without financial assistance, bought my own house and did this all by myself nothing handed to me on any kind of platter.
Pissed off….nope. But tired of people not being accountable for their actions yes.
But this is off the subject where I stand in life has nothing to do with disability insurance. I don’t believe that the working class or the multi millionaires should have to pay for other people. That is in itself why we have insurance is it not?
Would you like it if they started taking a “Jennifer couldn’t pay off her credit card” tax out of your next check or a “Joe down the street couldn’t manage his mortgage” tax? No, same scenario. The only difference is it pulls on peoples heart strings if someone gets injured or hurt so we don’t mind paying for it without question.
Jennifer, I wouldn\’t even bother wasting your typing fingers. Dawn obviously didn\’t get your point. Don\’t worry though, I did. And it was a great point. I agree with you.
Please note I am not being sarcastic. I am also tired of paying for others (it is unfortunate and sad when someone becomes disabled rather than just always having been lazy). Since it\’s tax season and all, this reminds me of the earned income credit. What a reward for not working harder (or smarter) to make more money. Although I do realize a lot of people try hard but are unable to overcome obstacles. Wow, talk about going off on a tangent. Not quite insurance related huh? I am sorry. Still a related point though.
Yes I would be just as upset, again $11 per month for disability insurance is not a lot.
Not to mention this working class person who was so dillegent their entire life should be responsible enough to plan for every eventuality.
Not my responsiblity for people on welfare or people with jobs, when the coverage is very affordable.
In fact my husband didnt have the coverage when I met him and went in for a surgery that left him disabled for quite sometime, do you think I paid his bills, no I told him you should have had Afleck or gotten it from your State Farm agent. again I dont care who it is protect yourself.
You\’ve never been poor, have you Jennifer? While I am happy enough to give you a cookie for putting yourself through college without even getting help from mommy and daddy, you still don\’t get the point. I\’m sure that for someone as brilliant as you, getting into and through college while still working was an feasible option. Here\’s the rub- not everyone can handle college as well as you did. Some people just weren\’t blessed with your intelligence. Then what happens? They go get a full time job (since having several part time jobs is apparently unacceptable to you) where they possibly aren\’t paid adequately. All of the sudden, they\’re supporting themselves on an income that doesn\’t keep up with the cost of living. Then they start buying things and running up their credit cards. You\’re right; Jennifer. How DARE they buy groceries on credit if they can\’t pay it off?! Don\’t they know you shouldn\’t eat if you can\’t afford it? Bottom line, you\’ve correctly identified one subset of people living in poverty; but you\’ve completely omitted and horribly offended many others.
Being raised by a single mother who worked two jobs to support my brother and I…I have been around more poverty then you could ever begin to imagine, but the point is that I dont blame others for it, I dont expect anything for it. I dont spend my life feeling guilty for what others dont have or cant afford. Mommy and Daddy couldn’t have afforded to put me through college and I don’t deserve medal for making it on my own.
Lets remember we are NOT an impoverished country. This is not a third world country where food and jobs are scare. It is a matter of what people are willing to do to make their budgets, their households and there lives work. We live in a country that immigrants flock to, because they know that Americans wont take the jobs that aren’t glamourous or that we feel are beneath us to do. They pay their bills and make it just fine, which is why guilt for someone who didn’t plan ahead is a difficult feeling to conjure up. It is fine that you are anti Jennifer, just take comfort in the fact that you wont have to pay to keep me comfortable for the rest of my life…..
I really like when people bring money into the discussion. :) So, here I go: Some people start off with little and make it work. Some start off with little and TRY to make it work, but unfortunately they don\’t succeed (often not through their own fault). Some start off with little and do NOTHING to make it work. Again, this goes back to personal responsibility. I have a friend who works 2 jobs and is a single mother of 2. She just recently decided to go to college. She couldn\’t go to the local college (couldn\’t spend enough time there to qualify as full time; therefore, no financial aid). Apparently, she could enroll in \”online college\” and receive the loans and grants. I agree that not everyone is right for college (intelligence is not always the reason) and I agree it is hard to find jobs that will pay enough. But, lots of people do it all the time. People who use coupons, buy rice and mac and cheese for lunch and dinner, don\’t go to the movies or buy lattes. And then on the flip side, there are those who spend money they don\’t have on NON-ESSENTIAL items (do you really NEED to buy coffee at 7-11 or Starbucks? uhm, no!). How do we distinguish those people from the others? We can\’t; but I can tell you I do not want to have to pay for them in the future. I work hard for my money (and even if I didn\’t); I will choose who to share it with thank you very much.
Be careful when suggesting people eat mac & cheese and ramen noodles…all of those starchy carbohydrates could lead to Diabetes or other heath problems and then we\’d have to pay for higher insurance premiums either way.
pin a rose on your nose for getting yourself through college….I\’m sure you stand alone in that arena, so preach on sister. but maybe we should start at the source. in home ECONOMICS, i had to learn how to sew and cook. why not also teach a kid how to balance a check book and invest money????? that way when they get to college, they stand a better chance of having a little kitty saved up and won\’t be so easily seduced by a t-shirt just to get a line of credit?
Seriously most adults cant meet expenses while having no disabilities, and in turn will not budget in to pay premiums for disability insurance.
Since 6 out of 10 Americans are financially struggling and have considerable debt it seems as though we should institute a law requiring that everyone carry disability coverage. Since the government stepped in and started requiring (and monitoring) auto insurance, why not require disability insurance also. If nothing else it will help to prevent those few Americans who have their finances in order from paying to care for people who are not planning for eventualities.
Okay, if you want to go that route, why not require medical insurance? Since medical bills are the leading cause of bankruptcy.
And what would be the penalty? If you don\’t have auto ins, the fine in Fla is $500. Cheaper then ins premiums.
And, then again, people on welfare wouldn\’t be part of that, so either way the rest of us pay. I\’d rather pay for someone who worked for 20 years and had something prevent them from working then pay for someone for 20 years that never had any intention of working.
So you\’re talking about trying to force the people that are actually out there working and trying to make it to pay out more.
\”There otta be a law\’ sounds simple but is unenforceable and another way for the government to be involved in our business. Maybe the insurance industry should consider this as an opportunity to market a product that the public needs. But then again, are the percentages involved here similar to the ones that describe how the public is also under insured when it comes to life insurance? I don\’t see the industry making any strides in trying to aggressively market life insurance to the underinsured public. One last thought, our most pressing need in this country is health care could it be that if we get a greater percentage of people/families insured that would reduce the disabilities people would suffer due to poor health care?
If you want to be honest, fine. The government has stepped in. In most states temp. DI is required. This is in addition to WC which is were the majority of debilitating accidents occur from. Add to that the tax benefits the federal government gives to people purchasing LTC, making it effectively free for the younger people and affordable to the rest and you have some heavy federal government intervention to start with. Do you really want to be honest? Well, for those who become permenently disabled the Federal Government in conjunction with state government gives you Social Security benefits along with medicare to cover your health costs.
Need government involvement?
Not any more, we have enough.
How do you want it to be paid for?
How much would it cost – if it is manditory the ins. co. would have to cover ALL risks… hmmm then we would need a government agency to cover those risks that are commercially uninsurable… more government involvement… and where would the money for that come from?
You start a downward spiral when you have these dangerous thoughts.
People like you are the reason so much of the money I earn is pissed in the wind by a bunch of faceless morons trying to keep other faceless morons like you happy.
Please, just sit down and enjoy the ride.
How about we stop making excuses for the part of the population that is not able to pay for the things they purchase. There is an idea huh?
How do we enforce it? Take away a drivers license, dont allow them to apply for more credit cards they will never pay off. Health care a problem go and GET A JOB. Part time jobs may not offer health care but in my entire career I have never had a full time job where I didn’t get benefits.
It is people like you that believe that \”things will work themselves out\” and lets just \”sit back and enjoy the ride\”. As an insurance professional one would believe you would understand the need for adequate coverage in all parts of your life. I have a disability policy that costs me a whopping $11 per month…I know I know that is outrageous.
In California the fine for driving with no insurance is a revoked license, up to $1000 fines, and suspended registration. Obviously there are different penalties in different states.
If you injure yourself on the job your work comp kicks in so lets not even bring that into the subject.
Is an insurance company assuming all of the liability and risks? Not when 80% of people who have disability insurance in place never use the benefit. Instead my SS and SSDI benefits will be less than what I have coming to me should I have a permanent disability, gee that sounds wonderful, I insure myself adequately AND pay for all others who don’t, your right that sounds incredibly fair.
Mr. Ring lets not get personal here. The reason there isn\’t much intelligent discourse in this country is that guys like you make everything personal. You were doing fine until the last few lines. Let’s keep this professional and save the *****ing and name calling for your bartender…. aaaa see that wasn\’t very nice was it. I apologize :)
So, Jennifer, who are you really pissed at? People like me who actually do work for a living, never have one thing handed to me, and yet my bills grow faster then my income- and not because I actually BOUGHT anything. It just happens. Taxes, insurance, gas prices, etc. Cost of living goes up 25% and income goes up 4%.
I\’m not making excuses for myself. I\’m saying the problem doesn\’t start or stop with the 20% of people who have catastrophic illness or accidents a year.
Where is your soapbox when it comes to providing the absolute best medical care AND paying rent/mortgage for the people who don\’t work? And if they become disabled by breaking their leg on the way to the fridge, we pay for that, too.
Stop acting like the working class is the bad guy. Must be nice to stand up there and point fingers.
Ahh that was a great comment. I made my soap box so yes I will stand on it. My grandfather used to tell me if you can afford it you dont need it.
I do work for a living, put myself through college going to night classes worked full time during the day, paid off my tuition and student loans all by myself, no help from the parents thank you. I got my own insurance license without financial assistance, bought my own house and did this all by myself nothing handed to me on any kind of platter.
Pissed off….nope. But tired of people not being accountable for their actions yes.
But this is off the subject where I stand in life has nothing to do with disability insurance. I don’t believe that the working class or the multi millionaires should have to pay for other people. That is in itself why we have insurance is it not?
Would you like it if they started taking a “Jennifer couldn’t pay off her credit card” tax out of your next check or a “Joe down the street couldn’t manage his mortgage” tax? No, same scenario. The only difference is it pulls on peoples heart strings if someone gets injured or hurt so we don’t mind paying for it without question.
The point is that the 20% of working class that can no longer work is not even .05% of the people we pay for each and ever day.
If we didn\’t have to spend so much on the ones that didn\’t want to work would you still be so upset at the ones that did and now can\’t?
Jennifer, I wouldn\’t even bother wasting your typing fingers. Dawn obviously didn\’t get your point. Don\’t worry though, I did. And it was a great point. I agree with you.
Please note I am not being sarcastic. I am also tired of paying for others (it is unfortunate and sad when someone becomes disabled rather than just always having been lazy). Since it\’s tax season and all, this reminds me of the earned income credit. What a reward for not working harder (or smarter) to make more money. Although I do realize a lot of people try hard but are unable to overcome obstacles. Wow, talk about going off on a tangent. Not quite insurance related huh? I am sorry. Still a related point though.
Yes I would be just as upset, again $11 per month for disability insurance is not a lot.
Not to mention this working class person who was so dillegent their entire life should be responsible enough to plan for every eventuality.
Not my responsiblity for people on welfare or people with jobs, when the coverage is very affordable.
In fact my husband didnt have the coverage when I met him and went in for a surgery that left him disabled for quite sometime, do you think I paid his bills, no I told him you should have had Afleck or gotten it from your State Farm agent. again I dont care who it is protect yourself.
*Jennifer bows graciously to Jennifer #2
I do, Foundation Health Corporation 1-26-1996. (NOT YOU)
Luft Sites
You\’ve never been poor, have you Jennifer? While I am happy enough to give you a cookie for putting yourself through college without even getting help from mommy and daddy, you still don\’t get the point. I\’m sure that for someone as brilliant as you, getting into and through college while still working was an feasible option. Here\’s the rub- not everyone can handle college as well as you did. Some people just weren\’t blessed with your intelligence. Then what happens? They go get a full time job (since having several part time jobs is apparently unacceptable to you) where they possibly aren\’t paid adequately. All of the sudden, they\’re supporting themselves on an income that doesn\’t keep up with the cost of living. Then they start buying things and running up their credit cards. You\’re right; Jennifer. How DARE they buy groceries on credit if they can\’t pay it off?! Don\’t they know you shouldn\’t eat if you can\’t afford it? Bottom line, you\’ve correctly identified one subset of people living in poverty; but you\’ve completely omitted and horribly offended many others.
Being raised by a single mother who worked two jobs to support my brother and I…I have been around more poverty then you could ever begin to imagine, but the point is that I dont blame others for it, I dont expect anything for it. I dont spend my life feeling guilty for what others dont have or cant afford. Mommy and Daddy couldn’t have afforded to put me through college and I don’t deserve medal for making it on my own.
Lets remember we are NOT an impoverished country. This is not a third world country where food and jobs are scare. It is a matter of what people are willing to do to make their budgets, their households and there lives work. We live in a country that immigrants flock to, because they know that Americans wont take the jobs that aren’t glamourous or that we feel are beneath us to do. They pay their bills and make it just fine, which is why guilt for someone who didn’t plan ahead is a difficult feeling to conjure up. It is fine that you are anti Jennifer, just take comfort in the fact that you wont have to pay to keep me comfortable for the rest of my life…..
I really like when people bring money into the discussion. :) So, here I go: Some people start off with little and make it work. Some start off with little and TRY to make it work, but unfortunately they don\’t succeed (often not through their own fault). Some start off with little and do NOTHING to make it work. Again, this goes back to personal responsibility. I have a friend who works 2 jobs and is a single mother of 2. She just recently decided to go to college. She couldn\’t go to the local college (couldn\’t spend enough time there to qualify as full time; therefore, no financial aid). Apparently, she could enroll in \”online college\” and receive the loans and grants. I agree that not everyone is right for college (intelligence is not always the reason) and I agree it is hard to find jobs that will pay enough. But, lots of people do it all the time. People who use coupons, buy rice and mac and cheese for lunch and dinner, don\’t go to the movies or buy lattes. And then on the flip side, there are those who spend money they don\’t have on NON-ESSENTIAL items (do you really NEED to buy coffee at 7-11 or Starbucks? uhm, no!). How do we distinguish those people from the others? We can\’t; but I can tell you I do not want to have to pay for them in the future. I work hard for my money (and even if I didn\’t); I will choose who to share it with thank you very much.
Be careful when suggesting people eat mac & cheese and ramen noodles…all of those starchy carbohydrates could lead to Diabetes or other heath problems and then we\’d have to pay for higher insurance premiums either way.
pin a rose on your nose for getting yourself through college….I\’m sure you stand alone in that arena, so preach on sister. but maybe we should start at the source. in home ECONOMICS, i had to learn how to sew and cook. why not also teach a kid how to balance a check book and invest money????? that way when they get to college, they stand a better chance of having a little kitty saved up and won\’t be so easily seduced by a t-shirt just to get a line of credit?