ERISA: License to Cheat, Lie, and Steal for the Disability Insurance Industry


The headline says it all in this Utah Bar Journal article.

2 Comments For This Post

  1. Karen
    June 26th, 2009 | 9:28 am

    I am looking fr a state, or government agency that can answer questions regarding STD and LTD. I am being told that if I get SS benfits I have to repay my insurance company that I have paid for STD and LTD insurance for years. What did I pay for and how does the government allow this? If you can piont me in a direction for information I would be very happy.

    thank you

  2. Bob Kraft
    June 26th, 2009 | 5:45 pm

    You would have to read the contract with the STD or LTD carrier to find your answer. Most do require that you repay them if you receive Social Security disability benefits. That’s why LTD carriers push beneficiaries to apply for Social Security disability. If you want additional information, you might check with the Department of Insurance in your state.

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