Cash benefits for short-term sickness, 1948-81.
At least three-fifths of all workers are under some kind of formal plan offering income replacement during temporary periods of illness, even though there is no national sick-pay program. In 1981, income loss due to short-term non-work-related disabilities totaled +41.3 billion. Sick-pay benefits were +15.6 billion, representing 38 percent of the income that otherwise would have been lost. The replacement rate has been fairly stable since 1974, following earlier periods of uneven increases from the 17 percent recorded for 1948, the first year of this series. This article includes estimates for 1980 and 1981 and revisions for 1978 and 1979 of the income loss and benefits arising from short-term sickness. Also included are the losses and benefits for the first 6 months of long-term disability.
D004608:Eligibility Determination / Q000191:economics; D005260:Female; D006801:Humans; D007182:Income; D007342:Insurance Benefits / Q000639:trends*; D007348:Insurance, Health / Q000191:economics; D011247:Pregnancy; D012943:Social Security / Q000639:trends*; D014478:Unemployment; D014481:United States