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Medicare and Social Security are two of the most important services that the United States government run to provide countless Americans with the needed healthcare benefits. Ideally, these should be particularly helpful to those that cannot afford the costs of treatment or medication. Given its relevance, people expect the government to better manage the agencies and the funds that involve these social services. However, The Christian Science Monitor staff writer Mark Trumbull reports that both Medicare and Social Security remain to be “on a fiscally unsustainable course”:
“Like clockwork each year, the annual reports for Social Security and Medicare warn that the programs are on a fiscally unsustainable course, but this time around there’s also a twist: The outlook for federal health spending on seniors has improved quite a bit.
The short summary of the Monday reports is this: Both of the big programs on which retired Americans rely are projected to be depleted in less than 20 years. After 2030, Medicare would be able to pay only about 85 percent of scheduled benefits. And starting around 2033, Social Security would cover just about three-quarters of scheduled benefits.”
The financial problems that social services currently face are results of a mixture of factors that may include inefficient management, backlogs in contributions collection, and political gridlock. Regardless of the causes of the financial dilemma, however, agencies that manage these funds must continue providing services to the public.
A reliable social security disability attorney in Charlotte, NC, such as one who is affiliated with Jan Dils Attorneys at Law, L.C., has extensive knowledge of SSA rules and regulations to properly counsel clients on their SSDI applications. Moreover, such a lawyer has years of experience in dealing with local Social Security Offices and with the SSA itself, enough to be familiar with the processes that could secure benefits for his or her disabled clients.
(Source: Good news on health costs, but threats to Social Security and Medicare persist (+video), Mark Trumbull, July 28, 2014)
Jan Dils, Attorneys at Law