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Medicare Official Defends Proposed Changes To Prescription Drug Program
In written testimony, Jonathan Blum, deputy administrator of the Centers for Medicare & Medicaid Services, says the changes are needed to head off cost increases, but an industry-sponsored study argues some of the changes could cost taxpayers more. Read more……
Learn the Difference Between Social Security Disability Insurance and Supplemental Security Income
Two very important public benefit programs are available that people often confuse for one another. Here’s a primer on the features of and differences between Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Read more… Notice: The…
What you should know about taxes and Social Security benefits
Will your tax bill this year include taxes on your Social Security benefits? About 55 million people receive monthly Social Security payments and some of them pay taxes on up to 85 percent of those benefits, depending on their financial…
Johnson Opening Statement: Hearing on Preventing Disability Scams
As part of my on-going efforts as Chairman to root out fraud and waste in the Social Security Disability Insurance program, we are here on behalf of the 11 million people with disabilities and their families and hard-working taxpayers American…
Record $4.3 Billion In Health Care Fraud Recovered
Federal efforts to combat health care fraud recovered a record $4.3 billion in fiscal 2013 and have recouped more than $8 for every $1 spent on enforcement over the past three years, according to an annual report released Wednesday. Read…
Social Security Benefits and You as a Veteran
For various reasons, many veterans with a VA-rated disability are unaware that they may also be entitled to a Social Security benefit program known as Social Security Disability Insurance (SSDI). Like the U.S. Department of Veterans Affairs’ (VA) service-connected compensation program, it…
The Social Security Divide
Are You Last-Generation or Next-Generation? Since its implementation in the 1930s, Social Security has been a financial constant in the lives of Americans, first as taxes assessed against earnings to fund the program, later as a monthly retirement income. Except for…
Retirement Sinkholes
Recently a massive sink hole swallowed up nine classic Corvette automobiles at an estimated loss of $3,000,000. There’s actually a video of this hole gobbling up these iconic and very valuable Vettes, which serves as a reminder of what can happen…
Congressman weighs in on proposed Medicare cuts
On Monday, U.S. Congressman Brad Wenstrup (R-2nd District) released a statement concerning cuts to the Medicare Advantage program for seniors proposed by the Obama Administration on Friday, expressing his concern for constituents who may be effected. According to Wenstrup’s office, the…
Doctors React to Congress’ Medicare Payment Agreement
Physician groups are expressing optimism over the Congressional agreement to revamp the Medicare physician payment system, according to an article published February 26 in Medical Economics. The article notes that, as part of the agreement, the Sustainable Growth Rate (SGR) — the…