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January 26, 2017

Canadian Study Finds Link Between GDP And Long-Term Disability Claims

In a pioneering study conducted by Canada’s RBC Insurance, a link has been found between long-term disability (LTD) claims and GDP. The link is counter-intuitive, showing that long-term disability claims actually rise with economic growth. When GDP falls, LTD claims do as well. It may seem odd to find claims increasing when economic times are good, but RBC Insurance believes it’s a similar phenomenon to adrenaline rush stressing the body. “During challenging or uncertain economic times, workers are worried about job security and performance, creating significant mental and/or physiological stress,” RBC Insurance said in a statement. “As GDP rises and […]