Healthcare Coverage

JHA announces 2005 U.S. individual disability income market survey results

Published in Medicine and Law Weekly, May 19th, 2006

JHA recently released the results of its 2005 U.S. Individual Disability Income [DI] Market Survey, an industry benchmark survey that captured 2005 Non-Cancelable (Non-Can), Guaranteed Renewable (GR), and Buy-Sell product line results for 16 individual disability insurance carriers.

In 2005, U.S. individual disability income inforce premium (Non-Can, GR, and Buy-Sell) increased more than 3% over 2004, reaching nearly $4 billion. According to survey results, the number of both Non-Can and GR inforce policies increased less than 1%. Inforce benefit amounts for Non-Can increased by about 4% and inforce benefit amounts for GR increased about 3%, compared to 2004.

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Source: Medicine and Law Weekly (2006-05-19)

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