Lengthy-term disabilities in Florida can occur for varied causes. Accidents attributable to accidents, worsening of power well being points, and sudden, extreme sicknesses can all go away you unable to work. When your situation is more likely to stop you from returning to your job for a yr or longer, it’s possible you’ll be entitled to long-term incapacity advantages.
Sadly, acquiring long-term incapacity advantages is usually not a straightforward course of for high-wage earners. Our Orlando long-term disability lawyer explains frequent challenges you might be more likely to face all through the claims course of.
Insurers Are Extra Seemingly To Deny Lengthy-Time period Incapacity Advantages To Excessive Wage Earners
Excessive-wage earners are usually thought-about those that make six figures or extra per yr. An April 2024 Forbes report states that high-paying jobs are among the many fastest-growing occupations within the nation. They embrace folks within the medical discipline, software program builders and others within the IT trade, chief executives, sure gross sales representatives, airline pilots, athletes, musicians, actors, and different celebrities.
Being a high-wage earner helps in offering for your self and your loved ones, nevertheless it doesn’t stop you from getting sick or injured. When these lead to long-term disabilities, long-term incapacity (LTD) advantages assist make up for misplaced revenue. These advantages could also be offered by means of your employer however are paid out by insurance coverage firms. As for-profit companies, they’ve a monetary motive to disclaim or dispute claims filed by high-wage earners. Widespread causes embrace:
- Disputes over coverage phrases;
- Disputes over whether or not you’ve got a coated situation;
- Disputes over the general quantity it’s possible you’ll be entitled to.
4 Widespread Challenges Excessive-Wage Earners Face In Florida Lengthy-Time period Incapacity Appeals
The Worker Retirement Revenue Safety Act of 1974 (ERISA) is a federal legislation that governs employer-provided advantages and the way they’re administered. If you’re a high-wage earner and are dealing with a denied or disputed incapacity declare, you’ve got the fitting to file an enchantment. Nonetheless, count on to face the next challenges:
- Proving your revenue: Be ready to supply in depth proof documenting your revenue, together with wage statements, copies of your employment contract, and previous tax returns.
- Proving you might be unable to work: You should show you might be unable to interact in any substantial gainful exercise and never simply your particular job.
- When your revenue exceeds coverage limits: Most insurance policies restrict month-to-month advantages and the utmost quantity you might be entitled to obtain.
- Proving you’ve got a qualifying situation: Excessive-wage earners typically face appreciable stress on the job, resulting in coronary heart illness, psychological well being points, and different issues ceaselessly disputed by insurers.
Contact Our Florida Lengthy-Time period Incapacity Lawyer At the moment
If you’re a high-wage earner, you’ve got a larger probability of being denied long-term incapacity advantages. To guard your rights in submitting an enchantment, contact Farrell Incapacity Legislation. We have now in depth expertise efficiently dealing with these circumstances. We cope with insurers in your behalf and take no matter authorized actions are wanted to get the utmost quantity you might be owed. Request a session with our Florida long-term incapacity lawyer in our Orlando or Jacksonville workplace at present.
Sources:
forbes.com/advisor/training/career-resources/what-are-the-highest-paying-jobs-in-the-u-s/#:~:textual content=Physicianspercent20andpercent20surgeonspercent20reportpercent20the,paidpercent20occupationspercent20inpercent20thepercent20country.
dol.gov/basic/matter/health-plans/erisa#:~:textual content=Thepercent20Employeepercent20Retirementpercent20Incomepercent20Security,forpercent20individualspercent20inpercent20thesepercent20plans.
ssa.gov/incapacity
