Disability Is Particularly Hard on Women

Here is a question for our female readers to consider – if you were to suffer a disability, what impact would that have on your and your family’s financial situation? A study from earlier in the month looked at the way women consider the impact of suffering a disability as well as the actual financial effects for women who do become disabled.

Women are more likely to be concerned than men that a disability would have at least somewhat of a devastating effect on their family’s finances; half of women thought so, and, as it turns out, for good reason. For one, women are more likely to suffer a disability. The Centers for Disease Control and Prevention (“CDC”) found that, with conditions like arthritis affecting women at twice the rate of men, women in general are more likely to suffer a disability in their retirement years.

The data from the Social Security Administration also supports the CDC’s finding. During the growth of SSDI applicants from 1999 to 2009, applicants from men rose 42 percent, while those from women climbed 72 percent.

Adding to the financial problems that women face in the event of a disability is the fact that they are less likely to have disability insurance coverage from another source. Fewer women than men have disability insurance through their employers. For women who own their own businesses, just over a fifth of them have coverage themselves and are able to offer disability coverage to their employees.

Are you a woman who has suffered a disability that prevents you from working? Speak to one of our Tulsa Oklahoma Social Security disability attorneys to learn what disability benefits options you have.

Troutman & Troutman, P.C. – Tulsa Social Security disability attorneys



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