Disability Products

Even with careful planning and saving, most people count on a steady paycheck to cover their monthly expenses. Employers who take steps to offer the right disability insurance program may see an increase in employee productivity and happiness, as their workers are able to stay at work or return to work more quickly after an accident or illness.

Blue Cross and Blue Shield of Louisiana (Louisiana Blue) partners with Equitable to give your clients and their employees peace of mind against illness or disability in the workforce.

• Click here to learn how the right disability insurance can make a difference for members and their families.
• Click here for more information about Equitable’s disability products.

• Groups selecting life coverage can also get short-term disability coverage.
• Disability benefits ensure employees have access to cost-effective protection of their income in the event of a covered injury or sickness causing time away from the job or permanent disability.
• Employers may choose employer-funded or voluntary options.

• Group LTD is available to groups with as few as two eligible employees and is a cost-effective way for your group customers to help protect their employees' income in the event of a disabling injury or sickness.
• Employers may choose employer-funded or voluntary options.

• Sixty-three percent of working Americans couldn’t make it 6 months before financial difficulties would set in—and 14% said they would have problems immediately¹.
• More than 1 in 4 (28.7%) adults in the United States have some type of disability².
• During 2016–2020, 14.8% of currently employed U.S. adults aged 18–64 years from 35 states and Guam reported having a disability³.
  
• In 2022, 2,804,200 disabling accidents and illnesses are not work-related, so workers' compensation doesn't cover them⁴.

These are alarming statistics. It just goes to show how important protection against lost income can be to a workforce. Unfortunately, many people have not planned for the financial burden they will face if they should become disabled and unable to work for an extended period of time.

• Source 1: Life Happens
• Source 2: Centers for Disease Control and Prevention
• Source 3: U.S. Centers for Disease Control and Prevention
• Source 4: U.S. Bureau of Labor Statistics

The above illustration assumes disability insurance premiums are not deducted on a pre-tax basis in an employer-sponsored cafeteria plan.

Louisiana Blue is not engaged in rendering tax, legal or investment advice. We recommend you seek the guidance of a tax professional or financial advisor.

These products only provide disability income insurance. THESE POLICIES ARE NOT MEDICARE SUPPLEMENT PLANS. They do NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Department of Financial Services. The policies have limitations and exclusions. Optional riders and/or features may incur additional costs. Plan documents are the final arbiter of coverage. Please read your certificate carefully for details regarding your benefits, reductions, limitations, and exclusions. Policy form/contract AXEBP15DI; MOEBP15DI and state variations.

Disability administered by Equitable, an independent company. Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY); Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company with main administrative headquarters in Jersey City, NJ; and Equitable Distributors, LLC. Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN). Group disability insurance products are issued either by Equitable Financial or Equitable America, which have sole responsibility for their respective insurance and are backed solely by their claims-paying obligations. Some products are not available in all states.