November 6, 2013
Is it legal for an disability insurance company cut your short term loss of earnings because you collecting Retirement Social security. In addition, working at the same time.
I recently had a home injury that caused me to go on short-term disability. I filed a claim, as my employer requires They provide me with free short-term disability and loss of earnings insurance for me through CIGNA.
The policy said that I would receive 70% of my total income for the week. I earn approximately $380 per week. This would make my claim approximately $266. They asked if I had any other income. I told them I had no other EARNED income. I did tell them that I am semi retired and working. I am collecting RETIREMENT Social Security of about $250 per week. They told me that amount would need be deducted from the benefit they were paying. Social security has nothing to do with what they were expected to pay. I paid into social security All my life and am collecting what I’m entitled to. This is none of there business. I earned $380 per week and expect the Check of $250
They told me my benefit would be approximately $16.00 per week. Is this fair and correct??? I’m being cheated out of $1000.00 +- per month. The earnings I made at work was paying my Health, Dental & Life Insurance. I need every penny I can get. Who can live on only $16.00 per week and $250 per week Social security. My health benefits alone costs me over $200 per week.
When googling "how to calculate loss of earnings" nowhere does it say that social security retirement is to be deducted from your work earnings. I need to know if this is legal or a scam to cheat a person, of what they are truly owed.
Looking forward for answer
Product or Service Mentioned: Cigna Dental Insurance.
Monetary Loss: $5000.