Medicare was instituted because the elderly needed financial assistance with many health related issues associated with aging. Medicare helps to insure that the elderly receive the care they need regardless of social class and income. The health care program not only helps the elderly‚ but it also provides insurance for the poor to ensure their physical well-being. Medicare is for those 65 years of age who are eligible for social security and have paid in to Medicare. Medicare consists of two types
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Selection Stephanie Bennett HCS/455 December 28‚ 2012 Jonathan Bibb Medicare Medicare is a federal insurance program that was created to aid the elderly with their medical bills. The Medicare program was created 40 years ago. The original benefits under Medicare did not include drug coverage. Medicare has since added drug coverage to bridge the gap under the original available benefits. The Medicare program is facing serious financial challenges. The projected expense for medical services
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tax refunds‚ and social and healthcare benefits. For these reasons‚ a number of schools and universities have now stopped using the SSN as a student identifier. Others‚ at least‚ give students the option to choose another form of identification." Which also means that your social security number is one of the most important information of yours that hackers look for so you cannot use this on your social network account because it will not be safe. So keeping your social security number away from
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Social Insurance Social Security Act The Social security act of 1935 was inducted after the stock market crash of 1929 and the great depression. The views of the populace changed enormously in politics‚ society‚ and the overall economic situations‚ at this time in our nation’s history. The social security act was separated into two main sections. One of these is social insurance‚ and the other is public assistance. As explained in the Social Welfare Policy book‚ the intention of the act was to
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leaving the workforce. That plan is known as Social Security. Initially created during the New Deal‚ it was a compassionate program to help prevent elderly people from being destitute and was founded on a sound economic model. However‚ the government’s failure to predict life expectancy and demographic changes‚ programs expansions to include people with disabilities‚ and other added benefits have made the program much more expensive and put Social Security in jeopardy of being financially unstable.
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Social Security [Writer’s Name] [Institution’s Name] Social Security Introduction In Article 22 of the Universal Declaration of Human Rights‚ concept of social security was enshrined and protected. The article states that as a member of society‚ every individual has the right and claim to the social security. Therefore‚ individual is entitled to attain the social‚ cultural and economical rights. In simple words‚ signatories and participants concur that society should help individual in developing
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Social Security and the Economy John Damon McCulley COM/156 – University Composition and Communication II 10/27/10 Laurie Ryan Axia College of University of Phoenix Even though according to the government‚ Social Security will be funded until the year 2040 (Social Security Administration‚ 2010)‚ Social Security will not subsidize all of American taxpayer’s retirement because the Baby Boomer generation began retiring in 2008‚ by 2030‚ there will be 34 million more Americans drawing
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Medicare and Medicaid There are various types of insurances in today’s world. Two of them being Medicare and Medicaid. Founded in 1965 as part of President Lyndon Johnson’s "Great Society"‚ they share differences and few similarities. They are social insurance programs that allow the financial burdens of illness to be shared among health and sick individuals‚ and affluent and low income families. Medicare is a federal program that provides health coverage if yon are 65 years or older‚ are a younger
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MEDICARE Prior to 1965‚ it was almost impossible for people 65 years and older to get a private health insurance. Medicare was enacted in 1965 to counter the growing health care costs and provide access to the elderly‚ making health care a universal right for all Americans 65 years and older. (Medicare & You‚ 2013) The rapid growth in the baby boomers population that began in 2011 caused a burden on the government by adding to the already high deficits. Medicare enrollment is expected to double
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this program. “This trend began with Old-Age Insurance‚ followed by Survivors Insurance in 1939‚ and Disability Insurance‚ which was signed by President Eisenhower in 1956. In 1974‚ President Nixon added Supplemental Security Income (SSI) for low-income workers. The original Social Security mandate was also expanded to include Medicare and Medicaid (Advance).” Some other changes more recently have added more benefits to this well known plan. “The most significant legislative change to Medicare--called
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