Navigation Links
New Harris Survey Finds That Most Baby Boomers Underestimate Disability Risk

WASHINGTON, March 7 /PRNewswire-USNewswire/ -- Most Baby Boomers underestimate their risk of suffering a disability that would cause them to miss work for an extended period of time, according to a new survey conducted by Harris Interactive on behalf of America's Health Insurance Plans (AHIP). The survey also found that Baby Boomers are unaware of the most common causes of disability and are not too concerned about their risk of becoming disabled.

"Baby Boomers' lack of awareness of their risk of disability presents a significant threat to their financial security," said Karen Ignagni, President and CEO of AHIP. "When individuals underestimate their risk of disability, they are less likely to protect their income and are more vulnerable to the financial hardship that suffering a disability can cause."

The survey found that just over a third of Baby Boomers think the chances of becoming disabled due to illness or injury is 5 percent or less, a slight majority think the chances are 10 percent or less, and two-thirds think the chances are 20 percent or less. In reality, a worker has a 30% chance of suffering a disabling injury or illness causing him or her to miss three or more months of work before reaching retirement, according to the Social Security Administration.

The survey also found that nearly half (47 percent) of Baby Boomers say they are not too concerned about their chances of suffering a disabling illness or injury.

One of the reasons Baby Boomers underestimate their risk is because they are unaware of the most common causes of disability, mistakenly believing that injuries cause more disabilities than illnesses. According to the survey, Boomers believe the most common causes of disability are back, muscle or joint problems (26 percent), injuries on the job (18 percent) and injuries off the job (16 percent). In actuality, research shows that the most common causes of disability are illnesses such as cancer, heart disease and diabetes.

"The survey shows that Baby Boomers need to be better educated about the risks and causes of disability to ensure they take appropriate steps to protect themselves," said Humphrey Taylor, Chairman of the Harris Poll.

The survey did find that most Baby Boomers accurately believe they are more likely to suffer a disability than premature death and that most disabilities occur outside of the workplace.

This is the first in a series of surveys assessing Baby Boomers' awareness of and knowledge about disability income protection. A memo outlining the survey findings is available here: The entire survey questionnaire can be found here:

America's Health Insurance Plans - Providing Health Benefits to More Than 200 Million Americans

Harris Interactive conducted an online survey on behalf of AHIP between February 14 - 18 among a nationwide sample of 2,853 adults aged 18 and older, including 828 Baby Boomers aged 44 - 62. Data were weighted to be representative of the total U.S. adult population that is online on the basis of region, age within gender, education, household income and race/ethnicity, and for propensity to go online. No estimates of theoretical sampling error can be calculated; a full methodology is available.

SOURCE America's Health Insurance Plans
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Eckert Seamans Announces Major Expansion in Philadelphia, West Chester and Harrisburg
2. George Harrison Fund for UNICEF Announces Donation for Bangladesh Cyclone Relief
3. James E. Harris to Become Chief Financial Officer of Coca-Cola Bottling Co. Consolidated
4. NPR, Harris Corporation and Towson University Launch Global Effort To Make Radio Accessible to Hearing and Sight Impaired
5. Dr. Bart Harmon Named Chief Medical Officer for Harris Corporations Healthcare Solutions Business
6. Pennsylvania Gov. Rendell: $10 Million Partnership With Harrisburg Venture Capital Firm Boosts PAs Life Sciences Industry
7. Harris Corporation Demonstrates Remote Digital Imagery Display and Manipulation for Pathology Applications
8. Harris Corporation Unveils Broadcast-Style Multiviewers for Real-Time Multi- Screen Access to Medical Information
9. Harris Corporation Demonstrates Digital Signage(TM) Solutions for Dynamic, Rapid Communications within Healthcare Enterprises
10. Representative Greg Harris, Senator Jacqueline Collins, Senator Iris Martinez and Fellow State Legislators to Join Susan G. Komen for the Cure in Announcing Groundbreaking Legislation to Reduce Breast Cancer Disparities; Will Hold Press Conference Friday
11. Survey reveals disparities in skin cancer knowledge, protection among high school students
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... In honor of Pulmonary Hypertension ... and groups responsible for advancing care for pulmonary hypertension (PH) patients and helping ... public, will receive special recognition throughout 2016 as part of PHA’s 25th anniversary ...
(Date:11/25/2015)... ... 25, 2015 , ... Bcureful—a non-profit organization devoted to advancing ... public awareness of the disorder while helping to bring expert medical care and ... bolster progress at the Tuberous Sclerosis Complex Center at Ann & Robert H. ...
(Date:11/24/2015)... ... 2015 , ... Eric C. Seidel, DMD and Stephanie DeFilippo, ... revolutionary BIOLASE WaterLase iPlus 2.0™ system. This advanced laser technology uses light energy ... dentist in Gettysburg, PA . From routine visits to cosmetic treatments, laser dentistry ...
(Date:11/24/2015)... CA (PRWEB) , ... November 24, 2015 , ... ... sizes, has launched their Black Friday sale a week early, offering 40% off ... to transform the intimate apparel industry through both mobile fit technology and the ...
(Date:11/24/2015)... ... ... Preparing for the LDT Regulation:, CLIA Won’t Satisfy the FDA, Dec. ... has long asserted that design and manufacture of Laboratory Developed Tests (LDTs) falls under ... the device regulations. , Come up short in an inspection and the FDA can ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... , November 25, 2015 ... Investors"), pursuant to which BioLight and the New Investors ... Ltd. subsidiary ("IOPtima") via a private placement. The financing ... its innovative IOPtimate™ system used in the treatment of ... pathway process for the IOPtimate™ system with the U.S. ...
(Date:11/25/2015)... 2015 Developmental, commercial, and regulatory/legal ... profitability of pharmaceutical products, says GBI Research ... regulatory/legal strategies all play a key role in boosting ... . --> Developmental, commercial, ... in boosting the profitability of pharmaceutical products, says ...
(Date:11/25/2015)... Research and Markets ( ) has ... Global Forecast to 2020" report to their offering. ... 37.21% of the total market share in 2014. The ... is projected to growth at the highest CAGR between ... to the fast growing water, industrial gas treatment, pharmaceutical, ...
Breaking Medicine Technology: