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An Operational Conundrum…Fraud Detection Measures Slowing Claims Processing - finance.yahoo.com
Any efforts to curb fraud within the Social Security system are appropriate to ensure the integrity of benefit payments. Nobody would argue with that except, perhaps, a fraudster or malcontent seeking to “play” the system for illicit gains. But what if the fraud detection system produces major operational problems for legitimate beneficiaries attempting to claim their earned payments from the program? According to a post by Benzinga contributor Kaili Killpack appearing on the Yahoo.com Finance page, such is the case.
Ms. Kilpack’s article indicates that recently implemented fraud-minded review procedures have created a backlog in retirement claims approaching an unprecedented level, “with about 140,000 of those waiting more than 60 days for resolution.” So, is it a problem with the process itself, or possibly an overreaction to the controversial claims about the level of fraud plaguing Social Security? Click here to read Ms. Kilpack’s article describing the situation.