Which of the Following Is NOT True with Respect to Disability

question 3

Multiple Choice

Which of the following is NOT true with respect to disability insurance (DI) ?

• A) Individuals cannot receive benefits until they have been disabled for 12 consecutive months.
• B) If granted,workers receive the same amount they would have received if they retired at the Full Benefit Age of 66 under the Social Security program.
• C) The DI program provides insurance against career-ending disabilities.
• D) The DI acceptance rate-the share of those applying who are accepted into the program-is only about one-third.

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Definitions:

Industry

Refers to the collection of businesses and activities focused on the production of goods, services, and technology in a specific sector.

Pharmaceutical Fraud

Illegal activities by drug companies, including marketing drugs for unapproved uses or producing counterfeit medication.

Unapproved Use

Usage of a product or service in a manner not sanctioned or authorized by official guidelines or regulations.

Deregulation

is the process of reducing or eliminating government rules and restrictions on business activities, with the aim of increasing efficiency and promoting competition within industries.