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Today's Terms
Indexing
Definition:
Indexing is designed to provide some protection against inflation. After the first year of disability, a disabled employee's pre-disability earnings are usually increased (or indexed) by a certain percentage on an annual basis.
Benefit Percentage
Definition:
The benefit payable is usually determined as a percentage of the insured's pre-disability income up to an overall maximum benefit amount.
Section 1619(b) Status
Definition:
The special SSI recipient status for Medicaid purposes provided to working disabled or blind individuals when their earnings make them ineligible for regular or special cash payments.
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