Wednesday, March 21, 2012

Common Misconceptions of Wage Earners about Social Security Disability Insurance

A lot of Americans nowadays make possibly devastating mistakes financially–they often overlook social security disability insurance.

Most people, when being asked why they don’t take social security disability insurance into their consideration, will simply answer that they are healthy enough to throw money in such kind of insurance or that they don’t expect to miss work as a result of illness or personal injury.

However, the fact that workers don’t know is that illnesses and injuries do happen more often than they ever thought. Another workers’ misconception is that disability always means being on a wheel chair or bed ridden. Well, this is completely wrong.

One more wrong belief of wage earners is that disabilities only happen to people with back surgery, broken bone, cancer and heart ailment but in truth and in fact, even a short term illness such as pneumonia or fever can cause someone to be unable to work.

People don’t realize that once a wage earner missed work due to illness or injury for either a short or long period of time, it is still considered disability since the worker cannot perform a job until he or she can get over from his or her injury or illness.

In fact, according to the Social Security Administration (SSA), three out of the ten wage earners today will become disabled at some point in the future as they pursue on their chose career. Meanwhile, out of seven workers, three of them will become disabled after five years or more. The point here is that, disability can happen to anyone at any given time.

Unfortunately, due to people’s misconception, they often miss the chance to apply for a social security disability since they don’t think that they have the strong urge to apply for the same.

Americans should understand the great significance of applying for social security disability right at an early stage of life. They should have actually realized before that bills will not stop when a wage earner ceased from making income. In case of accidents or illness, Americans should be well prepared to be able to meet their financial needs.

Above all the said misconceptions of wage earners, the Council for Disability Awareness (CDA) is still encouraging people to consider social security disability particularly now that that country is currently facing an economic recession.