A graduate of the University of Louisville, Christopher C. Babcock, MD, DMD, is an experienced oral and maxillofacial surgeon. Dr. Christopher “Chris” C. Babcock is also a financial representative at Guardian Life Insurance Company of America and has given talks on disability insurance through public lectures.
Disability insurance is a type of insurance that helps provide income to people who are unable to continue with their occupation due to a disability. There are different types of disability insurances available and each type has a different set of rules for determining whether or not a person is qualified to receive benefits.
Some policies can be obtained through private insurers, while others are accessible through federal programs. Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) are two common US government programs that aim to help disabled individuals with their basic needs. Individuals that are eligible for the benefits of these programs are those suffering from disabilities who do not show any signs of improvement. Therefore, many SSDI and SSI recipients undergo a test known as a continuing disability review (CDR) to detect whether their condition is improving.
In November 2019, a proposed change to the two programs was released by the Social Security Administration. The new policy proposed would increase the frequency of CDRs each recipient must undergo annually. As stated by the Social Security Administration, this proposed adjustment would ensure that the programs stop giving benefits to recipients who are experiencing medical improvement, thereby minimizing the amount spent on disability benefits.