One third of disabled adults are in 'serious' financial difficulty

25% have cut down or stopped receiving private medical services

Jaskeet Briah
clock • 3 min read

New research has found that nearly one third (27%) of disabled adults are in “serious” financial difficulty, compared to 11% of non-disabled adults.

The University of Bristol's Personal Finance Research Centre and the Research Institute for Disabled Consumers (supported by abrdn Financial Fairness Trust) investigated financial wellbeing among 815 disabled adults. The research found that over one third (37%) of disabled people who acquired their disability suddenly were in a ‘constant struggle' to pay bills, compared to 24% of adults who had been disabled since birth, and half (52%) were unable heat their home and keep it comfortable. Additionally, 25% of disabled adults have cut down or stopped receiving medical services they were...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Zurich launches Precision Cancer Care

Zurich launches Precision Cancer Care

Second medical opinion service also launched

Cameron Roberts
clock 07 April 2025 • 1 min read
Howden completes Barnett Waddingham acquisition

Howden completes Barnett Waddingham acquisition

Deal announced on 25 March, 2025

Jaskeet Briah
clock 07 April 2025 • 2 min read
SMEs to change employee benefit offerings amid NICs increase

SMEs to change employee benefit offerings amid NICs increase

Some 22% to cut benefit offerings

Jaskeet Briah
clock 07 April 2025 • 2 min read