How is long-term disability insurance different from health insurance?

Health insurance covers the cost of healing the injury or illness, while long-term disability covers the money you would have made, such as a percentage of your salary.

Health insurance covers hospital fees and medical procedures, while long-term disability covers tools for healing, such as wheelchairs and crutches.

Long-term disability covers the cost of healing the injury or illness, while health insurance covers the money you would have made, such as a percentage of your salary.

Long-term disability covers your income in full while you are out of work, while health insurance will only cover half of your income while you are out of work.

Question

Wheeler

Business

22 July, 15:16

How is long-term disability insurance different from health insurance?

Health insurance covers the cost of healing the injury or illness, while long-term disability covers the money you would have made, such as a percentage of your salary.

Health insurance covers hospital fees and medical procedures, while long-term disability covers tools for healing, such as wheelchairs and crutches.

Long-term disability covers the cost of healing the injury or illness, while health insurance covers the money you would have made, such as a percentage of your salary.

Long-term disability covers your income in full while you are out of work, while health insurance will only cover half of your income while you are out of work.

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Answers (1)

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Isabelle Woods · Answer 1

The correct answer is letter "A": Health insurance covers the cost of healing the injury or illness, while long-term disability covers the money you would have made, such as a percentage of your salary.

Explanation:

It is important for employees to be enrolled in both health insurance and long-term disability plan. Health insurance would cover the medical expenses of assistance whether the individual can still work or if that person needs days off. However, the days of work lost will not be taken in charge. There is where long-term disability comes into play. Long-term disability pays the insured a percentage of the wage that person would have received while working.