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The Social Security Administration (SSA) has reported concerning the funding status for its programs for fiscal year 2015. The good news is that the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds are projected to become depleted in 2034, the same as projected last year. Once depleted, persons receiving benefits will have their […]

Posted in Medicare, Social Security | Tagged , |

 

The May, 2016 report from the Office of Inspector General (OIG) for the Social Security Administration (SSA) addressed the Disability Case Processing System (DCPS) being developed by SSA to perform its work. Since 2008 when SSA decided to proceed with the DCPS system, it has invested over $300M into the project and has endured many […]

Posted in Social Security, Social Security Administration, SSA | Tagged , , , |

 

If you lose a Social Security hearing, you should not give up hope. This is confirmed by the Office of the Inspector General Report from April, 2016 studying case denials from 2011. A survey of cases from that year revealed that nearly 30% of cases were paid on appeal with nearly another 30% of cases […]

Posted in Social Security | Tagged , |

 

The Office of the Inspector General for the Social Security Administration (SSA) issued its Audit Report dated November, 2015, entitled “Social Security Administration Employees with Conduct Issues Who Received Monetary Awards.” At first glance, all I could think was: “Huh?” So, I just had to read it to believe it. As it turns out, SSA […]

Posted in Social Security, Social Security Administration, SSA | Tagged , , |

 

The Office of the Inspector General for the Social Security Administration (SSA) issued for the period of April 1, 2015 to September 30, 2015 report in which it made the following statements: There have been $374M in questioned costs during this period Updated its estimate that SSA has made $16.8B in overpayments and had only […]

Posted in Social Security | Tagged , |

 

For those individuals who were fortunate to save enough money so as to no need Social Security Retirement benefits immediately upon reaching age 62, the rules for maximizing your benefits have changed.  There were two strategies routinely utilized for this purpose which have been eliminated by Congress so as to conserve funds in the Social […]

Posted in Benefits, Retirement, Social Security | Tagged , , , , |

 

The disability insurers tend to follow certain denial patterns which reflect their own self interest in not paying benefits. The timing of the disability denial may have definite and serious ramifications. The first set of claim denials occur at a time just prior to the transition from Short Term Disability to Long Term Disability. For […]

Posted in General Disability Issues, Long Term Disability, Private Disability Benefits, Social Security, Social Security Disability Benefits | Tagged , , , , , |

 

There seems to be an unrealistic belief amongst claimants that settlement of their disability claim is available just for the asking. Nothing could be further from the truth. There are some insurers who will not approve disability payment settlements under any condition. They take the position that they will stick by the contract and pay […]

Posted in General Disability Issues, Long Term Disability, Private Disability Benefits, Social Security, Social Security Disability Benefits | Tagged , , , , |

 

The Office of the Inspector General for the Social Security Administration (SSA) issued its Report on Management and Performance Challenges facing this administration. Reducing the Hearings Backlog and Prevent Its Recurrence Factors contributing to the increase in the number of pending hearings are (1) increase in the number of hearing requests, (2) a decrease in […]

Posted in General Disability Issues, Long Term Disability, Private Disability Benefits, Social Security, Social Security Administration, Social Security Disability Benefits, SSA | Tagged , , |

 

The Office of the Inspector General for the Social Security Administration (SSA) issued its Audit Report dated November, 2015, entitled “Social Security Administration Employees with Conduct Issues Who Received Monetary Awards.” At first glance, all I could think was: “Huh?” So, I just had to read it to believe it. As it turns out, SSA […]

Posted in Employees, Social Security, Social Security Administration, SSA | Tagged , , , , |

 

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