Workers who suffered through disabling health problems with inadequate insurance tend to report being much less happy than comparable workers who had adequate disability coverage.
Researchers at a unit of MetLife Inc., New York (NYSE:MET), have reported that finding in a summary of results from a survey of 300 U.S. workers ages 25 to 55 who had experienced a disability that was not related to pregnancy or a workers’ compensation case and had lasted 6 months or longer. All of the survey participants have returned to work.
Only about 40% of the survey participants had disability insurance, and the participants who did have disability coverage had enough to cover an average of just one-third of their income, the researchers found.