New answer on: Does Disability Insurance Cover Medical Expenses?

By: Larry Gilmore

Larry Gilmore — Tue, 28 May 2013 14:58:17 +0000

Does Disability Insurance cover medical expenses? It can, but not in the way health insurance would cover medical expenses. Disability insurance simply creates a pool of money for the insured to use for what they need to pay for. If medical expenses are part of their bills to be paid, then yes, disability insurance can help.

By: Peggy Mace

Peggy Mace — Tue, 28 May 2013 12:26:52 +0000

Does Disability Insurance cover medical expenses? Disability Insurance pays replacement income to the recipient, usually in an amount that averages 50-70% of what the disabled person brought home when he/she was able to work. The money can be used to pay whatever the recipient desires. Medical bills will not be covered by Disability Insurance unless the benefit recipient uses it for that.