If you struggle with a physical or mental disability that stops you from working, you could have many difficulties to deal with. Unpaid bills can quickly become overwhelming, such as medical debt and living expenses. Social Security Disability could serve as a lifeline, but the application process can seem burdensome and it is critical to take the right approach.
You should go over statistics on Social Security Disability in order to develop a better understanding of this issue.
Looking at recent data on disabled worker beneficiaries
Social Security’s Disability Program published statistics on disabled worker beneficiaries. During 2022, this program saw more than 1.8 million applications and issued over 543,000 awards (a 4.98% decrease in comparison to 2021). In 2022, more than 7.6 million disabled worker beneficiaries had current-payment status at the end of the year, and the program terminated benefits for over 818,000 beneficiaries.
Past data on disabled worker beneficiaries
In 2010 and 2011, this program issued awards to more than 1 million disabled workers each year. However, the number of applications has also declined in recent years. In 2010, this program saw more than 2.9 million applications. In 2008, the termination rate for this program was 7.34%, compared to 10.15% in 2020.
This data shows that many disabled workers apply for and receive benefits through Social Security’s Disability Program. If you are approaching the application process and need benefits to help with the challenges you face, it is pivotal to make sure that you carefully evaluate your options and the details of your situation, doing everything you can to increase the likelihood of approval.