The only disability insurance event where plaintiff & defense lawyers, in-house counsel and claims professionals meet to devise practical solutions for today’s most critical issues.
When: Thursday, January 23 to Friday, January 24, 2014
Where: The Carlton Hotel, New York, NY
To learn more & to register: Click Here
Industry News
Disability USA Posted on CBSNews by Steve Kroft
There is a Senate hearing scheduled tomorrow on a subject of some importance to millions of Americans, but with the government shutdown it’s not clear that the Senate Committee on Government Affairs will be able to pay for a stenographer to record the event. The hearing involves the Federal Disability Insurance Program, which could become the first government benefits program to run out of money. When it began back in the 1950s it was envisioned as a small program to assist people who were unable to work because of illness or injury.
Today, it serves nearly 12 million people — up 20 percent in the last six years — and has a budget of $135 billion. That’s more than the government spent last year on the Department of Homeland Security, the Justice Department, and the Labor Department combined. It’s been called a “secret welfare system” with it’s own “disability industrial complex,” a system ravaged by waste and fraud. A lot of people want to know what’s going on. Especially Sen. Tom Coburn of Oklahoma…. [
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Tags: Disability, Disability Insurance, Insurance, insurance claims, Weekly Industry News