In other words, disability has become an alternate welfare program for people without job skills or a lot of education. However, Social Security Disability were not created to serve this purpose, the program was designed to get people back on their feet. Unfortunately, when people go onto disability never go back to work. Little than 1 percent who is on the disability federal program, workers in 2011 have returned back to the workforce since then, one economist told Chana Joffe-Walt.
After the people leave their workforce, however, they and go on disability qualify for Medicare, which is a government health care program that covers the elderly too. These people also get disability payments from the government of around $13,000 per year. This is not enough to survive on after working and collecting a decent pay check. But on a minimum wage job, you will get paid approximately $15,000 a year that probably does not include health insurance so disability may be a better option for them.
In most cases going on disability mean you will not work, you probably will get the cost-of-living adjustment COLA if the government approve it, and will not receive anything that the working people will get. For example, get paid every two weeks, income tax return money, 401K, and healthcare benefits. Disability means you will have to depend only on disability payments, and you will be poor for the rest of your life. So this means about 14 million Americans will have to sign up for disability benefits. People applying for Social Security Disability is to increase dramatically every day in 2016.
Step by Step Guidance
Check out our step by step guidance eBook to save you some time and confusion in areas where you may struggle.
Please feel free to write a comment or feedback in the website blog page.