New data shows rising comorbidities among long-term disability claimants revealed by Sun Life

Sun Life’s latest research reveals a concerning trend in long-term disability claims, highlighting a significant increase in comorbidities among claimants. This data underscores how complex health conditions are becoming more prevalent, posing challenges for insurers and healthcare providers alike. With rising cases, the need for adaptive insurance policies and comprehensive risk assessments is paramount to managing these multifaceted health issues effectively. The findings from Sun Life shine a light on the importance of proactive health management and insurance strategies that address the growing prevalence of multiple chronic health conditions. Additionally, this upward trend in comorbidities has implications on premium calculations and policy development within the life insurance sector. As comorbidities become a crucial element influencing disability claims, insurers are tasked with evolving their approaches to better cater to these emerging healthcare realities. The report serves as a pivotal resource for stakeholders aiming to enhance their strategies to better accommodate the nuanced needs of long-term disability beneficiaries.

Insurance Business America

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